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Jet Airways Chairman Naresh Goyal.

Naresh Goyal seeks Rs 750-cr lifeline from Etihad, warns delay may...

Goyal said the airline has also secured the go-ahead from the aviation ministry to pledge its shares for securing the...

11 March 2019 6:25 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Ex Essar Steel directors approach NCLT against ArcelorMittal takeover

On Friday, Ahmedabad bench of NCLT had approved the lenders' plan to let global steel giant ArcelorMittal take over...

11 March 2019 5:35 PM IST

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

Japan court bars Ghosn from attending Nissan board meeting

Carlos Ghosn was released on bail on March 6 after more than 100 days in detention.

11 March 2019 3:28 PM IST

About 25 per cent of the respondents indicated that transactions made through demand draft are more vulnerable from a money laundering perspective.

Chandamama magazine owners in dock for money laundering charges

Geodesic Ltd and its three directors are being probed by the authorities for alleged money laundering.

11 March 2019 12:11 PM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI drafts revival strategy to bring banking, insurance under one...

IDBI and LIC, through its collective network of branches, offices and workforce, have started leveraging their mutual...

11 March 2019 11:54 AM IST

Recently Shapoorji Pallonji group completed a Rs 150-crore command and control centre for the Varanasi smart city in an EPC model. It will operate and manage the city for the next five years. (Photo: Wikipedia)

Shapoorji Pallonji to raise Rs 850 cr over 6 months for 2 smart city...

We are seeking to raise a debt of Rs 450 crore for Eluru project and Rs 400 crore for Bengaluru project, said a top...

11 March 2019 11:31 AM IST

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

Carlos Ghosn seeks to attend Nissan board meeting

Carlos Ghosn was released on bail on March 6 after more than 100 days in detention.

11 March 2019 10:42 AM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

In a first, SBI links pricing of loans, deposits to repo rate

The repo rate is currently at 6.25 pc after the Feb 7 review where the central bank surprisingly lowered the repo rate...

9 March 2019 12:17 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Essar: NCLT clears ArcelorMittal's bid

Clearing ArcelorMittal's bid, NCLT said that it cannot impose judicial view over banks' wisdom.

9 March 2019 1:06 AM IST

Shailender Singh Monti said that the civic body will put dedicated efforts to provide better sanitation services in hundred markets. (Representational image)

MSME lender Aye Finance raises fresh funding of Rs 234 cr

Existing investors CapitalG, LGT and MAJ Invest also participated in this series D equity round, the company said in a...

8 March 2019 7:01 PM IST

Cab aggregator Ola on Tuesday announced the acquisition of end-to-end public transport ticketing and commuting app, Ridlr.

Ola, Hyundai in talks for USD 300 million fund infusion

The discussions are at an advanced stage and a deal could be closed in the next few weeks.

8 March 2019 4:53 PM IST

Philip Morris also signed off on one-time expenses and refurbishment costs incurred by Godfrey on at least two occasions in 2013 and 2014.

India's Enforcement Directorate investigating Philip Morris, Godfrey...

Enforcement Directorate source declined to comment on whether the ongoing investigation.

8 March 2019 3:51 PM IST