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In its first board meeting after a controversy erupted involving Chanda Kochhar and the Videocon Group, leading private lender ICICI Bank examined insolvency cases pending before the National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016.

ICICI Bank, IndoStar Capital join hands for commercial vehicle...

ICICI Bank will provide funding to these customers, who have so far limited access to organised credit.

3 July 2019 3:08 PM IST

LG Displays predicament was in many ways one of its own making. (Photo: AP)

LG forays into ceiling fan segment in India

The ceiling fans would be manufactured at LG India's plant at Greater Noida.

3 July 2019 1:55 PM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank shares drop over 8 pc after borrower defaults on loan

According to reports a Mumbai-based realty firm has failed to service interest payments on a Rs 1,200 crore loan to the...

3 July 2019 12:41 PM IST

Amazon to add over 2,000 jobs this year

More than 170 of the new jobs in Britain will be at Amazon's development centers in Cambridge.

3 July 2019 9:42 AM IST

Over 10 lakh offline merchants across India accept Paytm for payment including taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, and parking.

Paytm, Tencent may invest up to USD 125 million in MX Player

Paytm investment plans are part of its long-term plan to focus on providing more content to users and increasing...

3 July 2019 8:42 AM IST

L&T pays Mindtree shareholders for shares accepted in open offer

The infrastructure major's open offer - at Rs 980 a share - began on June 17 and concluded on June 28.

3 July 2019 8:38 AM IST

Tata Communications said on Sunday it has launched an advanced cyber security response centre in Dubai.

Tata Communications Managing Director, Group CEO Vinod Kumar quits

The company had posted a net consolidated loss of around Rs 82 crore for 2018-19 and Rs 16,527.95 crore in income from...

3 July 2019 8:34 AM IST

Almost half the downgrades by ICRA in FY18 were induced by the weakening business position of entities.

Icra shares tumble over 5 pc after company sends MD and CEO on forced...

The scrip dropped 5.23 per cent to close at Rs 3,050.10 on BSE. During day, it tanked 8.83 per cent to Rs 2,934.

2 July 2019 4:52 PM IST

There is no shortage of company secretaries, says ICSI

There is no shortage of company secretaries, says ICSI

There is no immediate surge in pay packages of company secretaries as has been claimed, the statement said.

2 July 2019 10:10 AM IST

The UIDAI has restored Bharti Airtels authorisation to conduct Aadhaar-based verification of its mobile subscribers.

Airtel completes merger of Tata Teleservices' consumer mobile business

The merger includes transfer of all the customers and assets of Tata Teleservices CMB to Airtel.

1 July 2019 5:58 PM IST

Reliance Infrastructures (Rinfra) subsidiary DAMEPL on Friday moved the Delhi High Court seeking attachment of DMRCs bank accounts for not depositing 75 per cent of the over Rs 5,164 crore arbitral award, including interest, within the time given by the court.

Now, debt-laden Anil Ambani plans to lease out Reliance Infra...

The company had said it would utilise the entire proceeds for debt reduction.

1 July 2019 5:43 PM IST

Citing rules, Sitharaman stated that Section 178(5) and 178(6) of the Companies Act. (Photo: ANI)

Govt considering giving more powers to RBI to regulate NBFCs:...

As on June 23, 2019, 9,643 NBFCs were registered with RBI.

1 July 2019 5:06 PM IST