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Tata Motors loss after tax widened to Rs 1,046 crore in the third quarter of 2016-17, from Rs 137 crore a year ago.

Tata Motors total sales jump 52.48 pc to 54,627 units in Dec

Sales of commercial vehicles last month stood at 40,447 units as against 24,998 units in the same month previous year.

2 Jan 2018 1:14 PM IST

The comment comes in the backdrop of the regulators ongoing tussle with Apple that is reportedly not allowing convergence of the Trais Do-Not-Disturb app on its iOS platform.

Trai issues interconnectivity rules; fixes 30-day deadline for...

Trai has prescribed a daily penalty of up to Rs 1 lakh per service area for operators violating the new norms.

2 Jan 2018 1:07 PM IST

Idea said it plans to extend its 4G services to 20 circles across India by FY2017 after the board approved an additional Rs 1,000 cr capital expenditure to build its infrastructure.

Idea Cellular board to meet over fund-raising plans on Jan 4

Merger between Vodafone India and Idea Cellular is expected to be completed this year.

2 Jan 2018 10:22 AM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI lowers base rate, BPLR by 30 bps; leaves MCLR unchanged

Nation's largest lender revised down the base rate to 8.65 per cent for existing customers from 8.95 per cent.

1 Jan 2018 5:07 PM IST

JSW Energy has diversified businesses in carbon steel, power, mining, industrial gases, port facilities, cement and information technology sectors.

JSW Energy cancels deal to buy JPVL's 500 MW Bina plant

In May, 2017, JSW Energy had informed BSE that the Long Stop Date was extended from May 31, 2017 to December 31, 2017.

1 Jan 2018 4:30 PM IST

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd Bank raises $500 million from overseas lenders

Private sector bank has concluded the syndicated term loan facility from a group of overseas investors.

1 Jan 2018 2:55 PM 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 asks PSBs to consider selling, swapping loan assets

Swapping and selling assets will help banks to focus on their core competencies and trim their burden.

1 Jan 2018 2:33 PM IST

Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.

Bandhan Bank to offer 11.9 crore shares in IPO

IPO will consist of a fresh issue of up to 97,663,910 equity shares and an Offer for Sale of up to 14,050,780 equity...

1 Jan 2018 2:22 PM IST

Maruti Suzuki India

Maruti December sales up 10.3 per cent at 1,30,066 units

Sales of mini segment cars witnessed a 2 per cent rise to 32,146 units during the month.

1 Jan 2018 11:14 AM IST

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

DoT to issue notice to five telcos to recover Rs 2,578 crore

CAG observed that telecom operators deducted discounts offered to dealers and customers; free talktime.

1 Jan 2018 10:58 AM IST

Air India aircrafts

SpiceJet, Jet Airways join the race for Air India disinvestment

A top Jet Airways executive acknowledged that the company was eyeing the debt-reeling national airline.

30 Nov 2017 4:28 PM IST

Flipkart had hired about 10,000 temporary staffers, mostly in logistics, ahead of festive sales

Flipkart investors, employees trimming stakes as part of SoftBank deal

In August, Flipkart said SoftBank's Vision Fund had committed to the deal, giving the company an edge over Amazon.com.

30 Nov 2017 3:54 PM IST