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CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

E-commerce cos' focus on small towns to fuel job opportunities

Small towns are becoming the driving force behind e-commerce growth in the country as online retailers.

5 Aug 2019 9:35 AM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

RBI imposes fine on PNB for delay in reporting fraud in Kingfisher...

A penalty of Rs 50 lakh was imposed by the RBI on the bank.

3 Aug 2019 3:36 PM IST

The key findings of surveys and recommendations have been submitted to the RBI Committee on Deepening of Digital Payments. (Photo: ANI)

Fin-tech players enabling payment through aadhar card

There are still several structural challenges that are hindering the growth of digital payments in the country.

3 Aug 2019 11:49 AM IST

S V Ranganath appointed as the interim chairman of the Coffee Day Enterprises.

Coffee Day board not to take up results for June quarter next week

The development comes in the backdrop of the company's chairman and managing director V G Siddhartha was found dead.

3 Aug 2019 11:16 AM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.

Maruti Suzuki cuts temporary jobs as sales plunge

India's jobless rate rose to 7.51 pc in July 2019 from 5.66 pc a year earlier, according to private data group CMIE.

3 Aug 2019 11:11 AM IST

It would have more than 5,000 shops, 300 retail outlets with world-class infrastructure, warehousing, logistics, supply and trade ecosystem. (Photo: Pixelbay)

Bata to add 500 outlets in next 5 years

At present, the company has nearly 1,500 Bata Retail stores and nearly 150 franchise outlets.

3 Aug 2019 2:35 AM IST

The company said that the FMCG-others segment delivered a resilient performance during the quarter amidst a marked slowdown in the FMCG industry across urban and rural markets.

ITC Q1 net profit up 12.6 per cent

The company had posted a net profit of Rs 3,049 crore in the previous fiscal.

3 Aug 2019 1:21 AM IST

State Bank of India

SBI reports first quarter profit of Rs 2,312 crore with improved asset...

The country's largest commercial bank had registered a net loss of Rs 4,876 crore during Q1 FY19.

2 Aug 2019 4:00 PM IST

Naik said the lingering trade wars between the US and China present us with a huge opportunity if we are able to attract the units leaving China. (Photo: PTI)

PM Modi must work like CM Modi to review economy's growth: L&T...

The comments come at a time when the economy slipped to a five-year low of 5.8 per cent in the March quarter.

2 Aug 2019 12:00 PM IST

Caf© Coffee Day owner V G Siddhartha

CDEL's liabilities at over Rs 5,200 cr; over 75 per cent promoter...

Almost all of the shares held by Sivan Securities (0.21 per cent stake) in CDEL have been pledged.

2 Aug 2019 11:31 AM IST

Sources at the National Aviators Guild (NAG), the pilots union of Jet Airways, said the bond requirement has been communicated to the junior pilots. (Photo: Representational/PTI)

Jet Airways lenders may extend August 3 deadline for EoIs; get four...

The lenders also discussed the criterion for evaluation of bids of the same amount, said another banker.

2 Aug 2019 11:15 AM IST

Amazon CEO Jeff Bezos wants to colonise Moon. (Photo: AP)

Amazon chief Jeff Bezos cashes in USD 1.8 billion of share pile

The numbers mean Bezos retains his pole position among the world's billionaires, while his former wife now ranks 23rd.

2 Aug 2019 10:55 AM IST