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RCom on Thursday had announced the completion of the sale of its media convergence nodes and related infrastructure assets to Jio.Business
Rcom lashes out at Ericsson for sensationalising issues

Ericsson has moved the Supreme Court against RCom seeking Anil Ambani's arrest for his failure to clear Rs 550 crore...

7 Jan 2019 10:32 AM IST

Indian purchases of Iranian crude increased from 12.7 million tonnes in 2015-16 to 27.2 mt the next fiscal. Today, Iran is Indias third largest oil supplier after Iraq and Saudi Arabia. (Representational Image | AP)Business
Iran says despite US sanctions, it has found new 'potential' oil...

Washington seeks to bring Iranian oil exports to zero in order to curb Tehran's missile and nuclear programs.

5 Jan 2019 3:01 PM IST

Govt merge the said Regional Rural Banks in to a single Regional Rural Bank with effect on and from Jan 1, 2019.Business
Govt amalgamates three regional rural banks

Interest of the banks and the areas served by them, they should be amalgamated into a single RRB.

5 Jan 2019 2:14 PM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.Business
Nissan executive on leave for tasks related to Ghosn arrest

Munoz is among several executives media have speculated could be a possible successor to Ghosn.

5 Jan 2019 12:31 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.Business
Jet Airways, bankers to meet airline's vendors to discuss debt plan:...

Jet Airways is close to reaching a deal with State Bank of India for a fresh loan of 15 billion rupees.

5 Jan 2019 10:37 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.Business
No case of pension, gratuity fund diversion at PNB: Jaitley

PNB has also apprised that no amount was taken back or withdrawn from the trusts' account.

4 Jan 2019 3:22 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.Business
ICICI Bank, Small Business FinCredit join hands to provide loans to...

The partnership has been forged under the aegis of RBI's circular dated September 21, 2018.

4 Jan 2019 2:39 PM IST

FMCG major Nestle India yesterday reported a decline of 8.66 per cent in its standalone net profit to Rs 167.31 crore for the quarterBusiness
Nestle welcomes SC order on govt's Maggi case at NCDRC

The top court had earlier stayed the proceedings before the NCDRC after Nestle had challenged it.

3 Jan 2019 6:04 PM IST

The Board of Vijaya Bank has given its approval to a government proposal of consolidation with Bank of Baroda and Dena Bank as per reports from ANI.Business
Dena Bank, Vijaya Bank shares tank; BoB rises

The boards of the three banks have also cleared the share-swap ratio for the proposed amalgamation.

3 Jan 2019 1:03 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.Business
Essar Steel insolvency case: NCLAT asks NCLT Ahmedabad bench to...

The matter is listed at NCLT Ahmedabad on January 7 for next hearing.

3 Jan 2019 11:41 AM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.Business
Cabinet clears merger of Dena Bank, Vijaya Bank with BoB

With the merger, BoB will become the third largest bank after State Bank of India and ICICI Bank.

3 Jan 2019 10:34 AM IST

BSNL had recently said BSNL-MTNL combination will be \advantageous\ for both firms, given the synergies in areas like enterprise and mobile businesses.Business
Niti Aayog against Rs 14,000 crore infusion in BSNL, MTNL for 4G...

Govt owned entities do not participate in auction but they match the highest bid for the band they seek to buy.

3 Jan 2019 10:12 AM IST

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