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Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.

JSW Steel most likely winner for Bhushan Power

CoC may wait till October 22 when Tata Steel's plea challenging re-bids will come up for hearing before NCLT.

16 Oct 2018 10:01 AM IST

State-owned Bharat Sanchar Nigam Ltd (BSNL) has approached the Communications Ministry for recovery of its outstanding dues from the troubled telecom firm Aircel, which recently filed for bankruptcy.

BSNL staff go for money pooling, la crowd-funding

The SSA management has reviewed the prevailing situations and explored all possibilities to get funds.

16 Oct 2018 9:54 AM IST

The government has denied the Congress charge that there is a huge scam in the procurement of 36 Rafale fighter jets from France. (Photo: Representational | AP)

Dassault to deliver Rafale fighter jets to India from 2019: CEO

India signed a deal with Dassault in 2016 for the transfer of 36 Rafale jets but the deal has since faced criticism.

16 Oct 2018 8:42 AM IST

$Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)$ Business

Amazon India say services boosting large appliance sales

The bulk of orders for goods such as washing machines and refrigerators came from India's smaller towns and cities.

16 Oct 2018 8:37 AM IST

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.

India Inc posts over 2 per cent negative growth in exports

Exports in September 2018 were $27.95 billion, as compared to $28.57 billion in September 2017.

16 Oct 2018 2:40 AM IST

Earlier in the day, a case was registered against the Ola cab driver. (Representational Image)

CCI approves founders additional share purchase in Ola

Merger and acquisitions beyond a certain threshold require the approval of the CCI.

15 Oct 2018 7:26 PM IST

Deputy Governor S S Mundra

BankBazaar appoints former RBI DG Mundra as advisor

BankBazaar said Mundra's expertise will help in driving 100 per cent paperless and presence-less financing by the...

15 Oct 2018 2:29 PM IST

The scrip of IL&FS Engineering and Construction Company touched its upper circuit limit of Rs 25.32, up 10 per cent.

Saudi-based ICD halts plan for USD 1 billion fund with IL&FS

The ICD is a multilateral development institution that supports the economic development of its 53 member countries.

15 Oct 2018 2:09 PM IST

IL&FS lawyer argued the company would face 70 to 80 legal suits across the country if the moratorium was not granted.

NCLAT stays proceedings against IL&FS, group companies

NCLT had turned down its plea for 90 days moratorium over the loans taken by the IL&FS and its subsidiaries.

15 Oct 2018 12:59 PM IST

During the sale, Snapdeals orders grew 2.5X, driven by great value offers across categories like fashion, home goods, and kitchen accessories.

New buyers drive growth during Snapdeal's Mega Diwali sale

Snapdeal's five day Mega Diwali Sale as 38 per cent of all orders placed during the sale are by new buyers.

15 Oct 2018 12:32 PM IST

SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

SoftBank shares fall 5.5 per cent as Saudi ties cause concern

SoftBank shares decline by worries over its ties to Saudi Arabia as well as a broader market sell-off.

15 Oct 2018 9:22 AM IST

The Centre aims at creating two or three large entities with integrated operations across oil exploration, refining and marketing. (Photo: DC)

Govt plans to end anti-competitive, complex cross-holding in oil PSUs

Government divests its stake by taking the entire proceeds from sale of shares cross held by oil PSUs.

15 Oct 2018 8:46 AM IST