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Chairman and founder of Adani group Gautam Adani

Adani's Australian coal mine wins further environmental approval

The project still needed nine further approvals from the Federal and Queensland state governments before mining can...

9 April 2019 9:55 AM IST

Standard Chartered Chief Executive Bill Winters this month branded the banks income and profit unacceptable, as below-forecast third-quarter results underlined the challenges facing his overhaul.

Standard Chartered expected to pay just over USD 1 bn to resolve US,...

The bank settled the foreign exchange probe in February when it was fined USD 40 million by New York's banking...

9 April 2019 9:42 AM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel gets Sebi nod for Rs 25,000 crore rights issue

The board of the company had approved the rights issue proposal in February.

9 April 2019 9:19 AM IST

DLF has a land bank of 269 million sq ft, of which 26.9 million sq ft of projects area was under construction at the end of the first half.

Singapore govt sells 6.8 cr shares of DLF for Rs 1,298 crore

Singapore government through its sovereign wealth fund GIC has two joint ventures with DLF.

9 April 2019 9:16 AM IST

Jet Airways stock ended the day at Rs 604.35, down 1.55 per cent from the previous close on BSE.

Lenders offer 75 per cent stake in Jet Airways

Private equity funds and sovereign wealth funds are also eligible for placing their bids, which have opened on Monday.

9 April 2019 1:36 AM IST

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

Draft e-commerce policy 'inimical' to USD 1 trillion digital economy...

The association was also of the view that "the process of making the policy itself was less than inclusive and open,"

8 April 2019 7:03 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI invites EoI to sell two dud accounts to recover Rs 423 crore

The e-auction for the NPA accounts -- Kamachi Industries and SNS Starch --is scheduled for April 25, 2019.

8 April 2019 2:56 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Jet Airways lenders lay out bid terms for 75 per cent stake in airline

Jet's lenders, under the proposed bailout terms, would hold just over 50 per cent of the airline.

8 April 2019 1:08 PM IST

Late last month, the court ordered Singapore-headquartered Grab to pay the sum to Vietnam Sun Corp, better known as VinaSun, which had sought 41.2 billion dong in compensation.

Grab targets another USD 2 billion funding this year: CEO

Grab is also looking to make at least six investments or acquisitions this year.

8 April 2019 12:28 PM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Service providers can opt for GST composition scheme by April 30: CBIC

GST composition scheme threshold was increased to Rs 1.5 crore from April 1.

8 April 2019 12:08 PM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB's stake sale in housing finance arm 'credit positive': Moody's

Upon completion of the sale, PNB will retain a 19.8 per cent stake in PNB Housing Finance worth around Rs 3,000 crore.

8 April 2019 11:26 AM IST

Nissan and Renault chairman Carlos Ghosn. (Photo: AP)

Nissan shareholders vote to oust Ghosn as director

Shareholders at the emergency meeting also voted out another director, Greg Kelly,

8 April 2019 9:59 AM IST