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File image of a man counting cash at a petrol pump.

'Oil PSUs plan to add 4,450 petrol pumps in Gujarat'

Three PSU oil companies have together issued a joint advertisement for dealership after a gap of around four years.

26 Nov 2018 9:56 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry hopeful about public sector banks

Of the 21 state-owned banks, 11 are under the PCA framework, which imposes lending and other restrictions on weak...

26 Nov 2018 7:38 AM IST

Facebook has become a means for those seeking to spread hate and cause harm, and posts have been linked to offline violence. (Photo: AP)

Facebook to train 5 million people with digital skills by 2021

Facebbok has already trained about one million people through its various initiatives.

24 Nov 2018 2:23 PM IST

State-run Oil India Ltd (OIL) will seek shareholders approval to raise Rs 7,000 crore through bonds.

Oil India Ltd to buyback 4.45 per cent shares for Rs 1,085 crore

Govt is targeting a minimum Rs 5,000 crore through share buyback offers of state-owned firms like Coal India and BHEL.

23 Nov 2018 6:00 PM IST

Although SECI did not provide any benchmark tariff, the average figure for wind power is around Rs 5.

EIB, SBI expand cooperation in wind energy financing

With this collaboration, the promoters of wind projects in India will benefit from long-term low cost financing.

23 Nov 2018 2:06 PM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.

Nissan aims to nominate new chairman by around Dec 20: source

The new chairman would hold the post at least until Nissan's next shareholder meeting.

23 Nov 2018 1:06 PM IST

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

Jet Airways' independent director Ranjan Mathai resigns

Independent director Ranjan Mathai resigned late, citing rising pressure from other commitments.

23 Nov 2018 10:34 AM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

DoT seeks Niti Aayog's views on BSNL-MTNL 4G spectrum proposals

MTNL has requested the government to grant it 4G spectrum in lieu of equity worth around Rs 6,500-7,000 crore.

23 Nov 2018 10:27 AM IST

Rajiv Bajaj, MD, Bajaj Auto

Bajaj Auto MD rues launch of 100-cc bike

Rajiv Bajaj upbeat about prospects of Austrian racing brand KTM.

23 Nov 2018 6:34 AM 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.

BoB board to consider allotment of shares to staff next week

The scheme also aims at providing better incentives besides being a means of capital raise.

22 Nov 2018 6:41 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC ordered to pay Rs 242 crore to Mumbai Port Trust

A sum of Rs 173.69 cr has to be paid to MbPT by ONGC in lieu of wharfage compensation charges since 2013-14.

22 Nov 2018 2:31 PM IST

NCLAT stayed all proceedings against IL&FS and its 348 group firms till a further order.

IL&FS Transportation Networks delays Q2 results citing group co's NCLT...

The company requested BSE not to take action against it for the delay in submission of September quarter financial...

22 Nov 2018 12:53 PM IST