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Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

Govt to infuse Rs 5,042 crore into Bank of Baroda

The capital infusion will be by way of preferential allotment of equity shares of the bank during FY2018-19.

28 March 2019 12:02 PM IST

Both the e-bikes come with lockable battery pack which makes it very convenient to charge & carry.

GoZero Mobility enters Indian electric vehicle space

GoZero One is powered with 400Wh lithium battery pack which is optimized to provide 60 Kms of range on single charge.

28 March 2019 10:40 AM IST

With Google Pay, the company aims to make mobile payments less confusing. Whenever users make a purchase from Google or from any of its partners, they will see an option for Google Pay.

Pine Labs collaborates with Google Pay in India

Google can have access to over 3,30,000 point-of-sale terminals in over 3000 towns in India.

28 March 2019 10:16 AM IST

Mehul Choksi is the prime accused in the PNB fraud

Mehul Choksi accuses PNB of 'maliciously' creating case against him

Choksi had sought to correct the details of this KYC on several occasions but to no avail.

28 March 2019 9:48 AM IST

Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.

Sebi exempts govt from making an open offer for shareholders of PNB

Listed companies are required to have at least 25 per cent public shareholding.

28 March 2019 8:57 AM IST

The investment of Rs 8,000 crore will comprise Rs 1,000 crore equity infusion in GMR Airports and Rs 7,000 crore towards purchase of GMR Airports equity shares from GMR Infrastructure and its subsidiaries.

Tatas to enter airport biz with GMR stake buy

Deal will help the company cut its debt and also provide an exit for private equity investors.

28 March 2019 1:57 AM IST

According to the Rs 3,965.06-cr resolution plan by Sanghi, Rs 50 cr would be paid upfront, followed by Rs 75 cr over the next 12 months and the remaining in staggered payments over the next in 15 years.

Jyoti Structures goes to Sharad Sanghi

Sanghi's resolution plan was voted by 62.66 per cent of lenders, while 23.12 per cent voted against, and 14.21 per cent...

28 March 2019 12:55 AM IST

Moodys has downgraded Chinas long-term rating by one notch from Aa3 to A1 as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimulus.

Moody's retains stable outlook for Power Finance Corp, Rural...

The ratings agency Moody's has confirmed the Baa3 issuer ratings of PFC and REC.

27 March 2019 7:48 PM IST

The RBI has initiated a prompt corrective action against state-owned Oriental Bank of Commerce (OBC) for high bad loans. Photo: PTI

Oriental Bank allots 13.89 cr shares to govt following capital...

The move follows capital infusion of Rs 1,186 crore by the government into the bank.

27 March 2019 5:13 PM IST

The government will sell 5 percent stake in the countrys largest power producer NTPC at Rs 168 per share to raise about Rs 7,000 crore.

NTPC launches MTN issue to raise USD 450 million

The issue would close on April 3. The funds raised through this issue will be used for capital expenditure by NTPC.

27 March 2019 4:16 PM IST

The Enforcement Directorate (ED) is set to register three separate cases to probe the alleged irregularities in certain contracts awarded by the Delhi governments Public Works Department (PWD).

Sale of Vijay Mallya's UBHL shares fetch Rs 1,008 cr: ED

Shares of UBL were held by UBHL and were kept with the bank as security in lieu Kingfisher Airlines loan, the ED said.

27 March 2019 3:53 PM IST

Tata Motors is gearing up for Turnaround 2.0 to make its passenger vehicles (PV) financially self sustainable, buoyed by the success of its commercial vehicles (CV) in the last financial year, ended March 31.

Soonawala steps down from Tata Trusts on health grounds

Soonawala served at various positions in the Tata group including as vice-chairman of Tata Sons and was a close...

27 March 2019 3:33 PM IST