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The RBI has always said monetary policy should be accompanied by fiscal policy if the wheels of the economy are to be greased. (Photo: PTI)

RBI puts Allahabad Bank under prompt corrective action

Central bank has so far ordered corrective action for about 10 lenders, mostly due to their high bad loan ratios.

4 Jan 2018 11:14 AM IST

Between April 2016 and October 2017, Skoda launched four vehicles--refreshed versions of the Superb.

New launches boost Skoda volume 30 per cent in 2017

Skoda India recorded strong performance selling 17,438 cars in 2017.

3 Jan 2018 5:35 PM IST

IT bellwether TCS, private sector lender HDFC Bank and oil and gas major Reli-ance Industries Ltd (RIL) are the biggest wealth creators on the domestic bourses over the last five years.

RIL likely to see big cash flow boost, says CLSA report

RIL's telecom venture, Jio, has achieved a critical mass with a subscriber base of around 160 million.

3 Jan 2018 5:12 PM IST

The board also has representation from Snapdeal founders (Kunal Bahl and Rohit Bansal), NVP and Kalaari Capital.

Future Group may buy Snapdeal's logistics arm: sources

Deal is expected to close in next few weeks and may include transfer of Vulcan's workforce to Future Group.

3 Jan 2018 4:51 PM IST

All mobile companies have put up their interconnection towers on private properties for which they pay monthly rentals.

Mobile tower companies ask Punjab to frame uniform policy

Aligning policy with Right of Way rules would lead to a faster roll-out of telecom infrastructure.

3 Jan 2018 3:42 PM IST

The administration may also raise salaries paid to H1-B visa holders, a move that could significantly increase costs for IT companies that are already facing pressure on margins. (Representational image)

'Revenue growth of top Indian IT companies to be soft in Dec qtr'

Mid-tier companies are expected to report higher growth powered by a ramp-up in deals.

3 Jan 2018 3:35 PM IST

Buoyed by favourable capital market outlook and healthy performance by some of the earlier issuances, there has been a surge in high net-worth individual investor (HNI) interest in IPOs to capitalise on the listing gains.

SME IPOs make a mark in 2017, lap up record Rs 1,785 crore

Together 132 firms have a market capitalisation of more than Rs 30,000 crore.

3 Jan 2018 1:52 PM IST

IOC and the state govt agreed to revised terms at the meeting called at the behest of Pradhan. (Photo: AP)

Indian Oil Corp takes up 2018 as 'Year of Trust'

Indian Oil Corp will be once again leading this national agenda in the coming years.

3 Jan 2018 1:09 PM IST

Air India and its subsidiaries have nearly 20000 employees. Among them Air India has only 11,500 employees. Air India management has not offered their employees for voluntary buyouts, an Air India spokesperson said..

Air India's projected net loss for 2017-18 less than 2016-17

Airline has been making an operating profit of Rs 105 crore during 2015-16 and Rs 215 crore during 2016-17.

3 Jan 2018 12:19 PM IST

There would be no privatisation of the state-owned Coal India, said interim CMD Gopal Singh.

Coal India e-auction fetches 76 per cent premium in Q3 FY'18

Coal India had earlier indicated that it was aiming for about 25 per cent more realisation from e-auctions.

3 Jan 2018 10:24 AM IST

TV Mohandas Pai

Parekh as CEO is a huge positive for Infosys: Mohandas Pai

Salil Parekh being based in Bengaluru, the NASDAQ-listed company's headquarters.

2 Jan 2018 5:09 PM IST

PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the banks ATMs.

PNB expects resolution of 4-5 large NPA accounts bilaterally

Out of 28 identified cases, Punjab National Bank has exposure in 20 accounts.

2 Jan 2018 4:18 PM IST