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IDFC Bank on Wednesday said it has received RBIs approval for merger of Capital First, Capital First Home Finance and Capital First Securities with the company.

IDFC Bank to seek shareholders' nod next month for name change

The bank's board on January 13, 2018 had approved a composite scheme of amalgamation of Capital First.

30 Nov 2018 3:06 PM IST

Tata Motors loss after tax widened to Rs 1,046 crore in the third quarter of 2016-17, from Rs 137 crore a year ago.

Tata Motors falls; Jaguar Land Rover to temporarily cut jobs at UK...

Tata Motors stock was the biggest percentage loser on the indexes and posted its biggest daily fall since Nov 13.

30 Nov 2018 10:23 AM IST

Ecommerce firms too see a major bump up in sales during Dussehra and Diwali.

E-commerce discounts hit offline sales of consumer durables

E-commerce platforms account for just 5 to 10 per cent of the entire consumer durable sales.

30 Nov 2018 10:17 AM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

Paytm offers instant, on-demand settlement to partner merchants

The company has rolled out this functionality to over 1 million merchants across India.

29 Nov 2018 2:15 PM IST

The retail outlet shall provide the scope to undertake Free testing of the TMT Bars using Universal Testing Machine (UTM),to be sure always.

SRMB Steel focuses on quality with its 12 steel testing centers

SRMB Steel plans to open 5 more Steel Testing Stores by end of FY 2018.

29 Nov 2018 1:53 PM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI raises deposit rates by up to 10 bps

The new rates ranging from 5 to 10 bps are applicable for deposits below Rs 1 crore and are effective immediately.

29 Nov 2018 12:09 PM IST

Chairman and founder of Adani group Gautam Adani

Adani Group to fully fund troubled Carmichael coal mine

The miner had earlier aimed to start shipping coal from the Carmichael mine by March 2020.

29 Nov 2018 11:51 AM IST

Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.

US jury rules in favour of TCS over alleged discrimination

TCS says will continue to invest in people irrespective of their national origin.

29 Nov 2018 11:25 AM IST

Jet Airways Chairman Naresh Goyal.

Goyal agrees to sell controlling stake in Jet Airways

Jet Airways is desperately looking for a buyer to raise funds for survival.

29 Nov 2018 11:14 AM IST

Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

New offer by Essar Steel promoters not maintainable'

Banks and other creditors have total debt exposure of close to Rs 49,000 crore in the company.

29 Nov 2018 11:02 AM IST

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

BoB, Dena, Vijaya Bank to start operations from April 1

The merger will create India's third largest bank with a total biz of over Rs 14.82 lakh crore.

29 Nov 2018 10:51 AM IST

In an earlier report, the committee had recommended the option of handing over the management of BSNL and MTNL to those professionals who have a proven track record of facing a stiff competitive environment coupled with efficient management of finances, equipment, manpower and modern marketing strategies.

BSNL employee unions allege govt patronising Jio; plan indefinite...

Employee unions claimed that the govt has not allotted spectrum for 4G services to BSNL in order to prevent it from...

28 Nov 2018 6:11 PM IST