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Indian Oil Corp has delayed maintenance shutdown at its 300,000 barrels per day (bpd) Paradip refinery in eastern Odisha state to March-April, a company spokesman said on Friday. (Photo:IOCL)

Oil and gas industry seeks infra status, lower taxes in budget

Rollout of GST, and exclusion of petroleum sector from its purview, has translated into much higher costs for sector.

25 Jan 2018 1:08 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

Shares in large Indian state-run banks fall as recapitalisation plan...

Govt pledged to inject nearly USD 14 billion combined into all but one state-run lender by March.

25 Jan 2018 11:32 AM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC borrows Rs 4,000 crore from ICICI Bank

Company's board has approved raising of the borrowing limit from Rs 25,000 crores to Rs 35,000 crores.

25 Jan 2018 10:33 AM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

SBI expects loan demand to rise with government spending

Next tranche of capital allocation will be strictly based on performance of banks against reform measures suggested by...

25 Jan 2018 10:05 AM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Users to pay Rs 2.7 for per GB data after new Jio offer: report

Jio's announcement of Republic Day scheme, under which users will get 500 MB extra data per day.

25 Jan 2018 9:28 AM IST

Future Group CEO Kishore Biyani along with actor Rana Dagubatti in Hyderabad. (Photo: DC)

Future Group eyes Rs 40,000 crore in FY19

The group has already invested around Rs 80 crore to set up a processing and packaging unit in Karnataka.

25 Jan 2018 4:22 AM IST

Representational image of an Indigo aircraft.

IndiGo Q3 net jumps 56.4 per cent at Rs 762.03 crore

Total expenses for the quarter ended December 2017 were Rs 5,378.19 crore.

24 Jan 2018 5:17 PM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank third-quarter profit slumps 61 per cent

Net profit came in at 1.26 billion rupees for quarter ended Dec 31, compared with 3.22 billion rupees a year ago.

24 Jan 2018 4:37 PM IST

Essar Oilfields bags Rs 32 cr order from ONGC

Essar Oilfields Services India Ltd is close to posting a revenue of Rs 300 crore in current fiscal.

24 Jan 2018 3:30 PM IST

Board of Idea Cellular approved raising about Rs 3,250 cr from entities under promoter Aditya Birla Group.

Idea posts wider Q3 loss at Rs 1284.5 crore

Revenue from operations came in at Rs 6,509.6 crore for the quarter ended December 2017.

24 Jan 2018 3:08 PM IST

Reliance Jio is subsidiary of Reliance Industries.

Indian telecom stocks fall after Jio cuts tariffs

Shares of Airtel declined as much as 6.22 per cent to 461.5 rupees on Wednesday, their lowest since October 18, 2017.

24 Jan 2018 1:36 PM IST

Using earned money of depositors to bail out a bank amounts to gross interference by the government.

Vijaya Bank Q3 net tanks 65.45 per cent to Rs 79.56 crore

Bank's total income also declined 7.09 per cent to Rs 3,450.81 crore in quarter under review from Rs 3,714.37 crore.

24 Jan 2018 12:56 PM IST