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$The ongoing Binani Cement insolvency case has taken a new twist with the operational creditors (OCs) of the debt-ridden firm terming the Dalmia Bharat offer for their outstanding dues as \pittance\ and rejecting it outright, vowing to fight \tooth-and-nail\.$ Business

Binani Cement OCs reject Dalmia's offer to pay Rs 151-cr dues

The ongoing Binani Cement insolvency case has taken a new twist.

6 April 2018 6:38 PM IST

Fitch will no longer provide ratings or analytical coverage for RCom.

NCLAT allows RCom to execute asset sale

RCom is now very confident of achieving overall debt reduction of approximately Rs 25,000 cr within next few weeks.

6 April 2018 4:07 PM IST

ICICI may also look to sell a 10 per cent stake in the unit at the same time.

ICICI Bank 1st to get Swift's new cross-border payment service

Scam has led to a slew of changes, including a ban on the letters of undertaking (LoU), which can hurt importers.

6 April 2018 3:42 PM IST

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

HPCL gets green nod to set up Rs 136 crore LPG plant in Bihar

Govt's aim is to increase LPG penetration to 75 pc by addition of 5.5 crore new LPG connections till 2019-20.

6 April 2018 2:51 PM IST

FinTech players have continued to leverage the sweeping wave of digitization, internet access and easy smartphone affordability, in on-boarding Indians on digital platforms. (Photo: Pixabay)

Will FinTech be a game-changer in India's socio-economic landscape?

FinTech has proved to be one of key tenants in helping India truly emerge as a global superpower.

6 April 2018 1:26 PM IST

HCL technologies

HCL Technologies acquires C3i Solutions for USD 60 million

C3i's revenue for the financial year ended December 31, 2017 stood at USD 199 million.

6 April 2018 10:48 AM IST

Pilot of Air India Jaipur-Delhi flight refused to fly due to duty limitations prescribed by the DGCA. (Photo: File)

IndiGo ends interest in buying Air India

Indigo told the Bombay Stock Exchange late Thursday that it was interested only in Air India's international routes..

6 April 2018 10:00 AM IST

Debt ridden telecom operator Reliance Communications on Thursday said it expects to reduce debt by around Rs 25,000 crore as the Supreme Court has lifted stay on sale of assets of the company.

RCom hopes to cut debt by Rs 25,000 cr after SC allows asset sale

RCom in December signed agreement with Reliance Jio to sell spectrum, mobile towers, fiber network and Media Convergence...

5 April 2018 6:01 PM IST

$Facebook on Thursday admitted that nearly 5.62 lakh people in India were \potentially affected\ by its global data breach.$ Business

Data leak: 5.62 lakh people potentially affected in India

Facebook has over 20 crore users in India.

5 April 2018 5:17 PM IST

Chinese technology firm Xiaomi will be hosting a supplier investment summit in India from April 9-11 to help over 50 of its partners evaluate opportunities for setting up local base in India.

Xiaomi to host supplier summit in India from April 9-11

Xiaomi will be hosting a supplier investment summit in India from April 9-11 to help over 50 of its partners.

5 April 2018 4:48 PM IST

Electronics major Samsung India on Thursday said it has signed up as the Principal Sponsor of Mumbai Indians.

Samsung, RED FM signed as principal sponsor of Mumbai Indians, SRH

The 11th season of IPL will kick off from April 7.

5 April 2018 4:28 PM IST

Cab aggregator Ola on Thursday said it will offer in-trip insurance cover to riders, who can avail the service by paying Re 1 for intra-city travel.

Ola to offer in-trip insurance to riders

Riders can avail the service by paying Re 1 for intra-city travel.

5 April 2018 12:58 PM IST