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RCom was expecting a significant debt reduction post completion of merger with Aircel. (Photo: File)

Not paying interest to lenders in light of SDR, says RCom

RCom, in its debt restructuring plan said lenders could turn part of debt into equity by taking up 51 per cent stake in...

7 Nov 2017 8:59 AM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

A year on, bankers say note ban has been good for them

RBI in June said as much as 99.1 per cent of the junked bills had returned to the banking system.

6 Nov 2017 8:33 PM IST

HDFC Bank makes RTGS, NEFT online transactions free from Nov 1

NEFT or RTGS transaction carried out at the bank branch will be payable.

6 Nov 2017 5:08 PM IST

UTair India, which is a subsidiary of UTair Aviation of Russia, has three H125 choppers in its fleet.

Airbus signs pact with UTair India for support services

Programme helps operators in reducing their operating cost and improve the availability of the helicopter.

6 Nov 2017 4:19 PM IST

The offshore India fund not domiciled in India receives flows from overseas investors and in turn invests the money into the Indian markets, according to a report by Morningstar.

Firms named in Paradise Papers come under Sebi's scanner

Sebi would ask the listed companies concerned to provide details about any offshore entities liked to them.

6 Nov 2017 2:56 PM IST

According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.

What are Paradise Papers?

Paradise Papers provides an interesting study of how firms and individuals skirt tax paying using artificial entities.

6 Nov 2017 1:34 PM IST

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.

Indian Bank Q2 net up 11.5 per cent at Rs 452 crore

Bank had made a net profit of Rs 405.14 crore in the similar July-September quarter of 2016-17.

6 Nov 2017 1:30 PM IST

Old Rs 500 notes were banned along with Rs 1,000 curreny notes on November 8 last year. (Photo: PTI/FIle)

Deregistered companies deposited Rs 17,000 crore

Some 2.24 lakh companies have been struck-off by the corporate affairs ministry for remaining inactive for a period of...

6 Nov 2017 6:21 AM 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)

Deregistered cos deposited Rs 17,000 cr post note ban: Govt

Around 2.24 lakh companies have been struck off till date for remaining inactive for two years or more.

5 Nov 2017 5:18 PM IST

In a statement, Air India condemned the incident and said that they will also probe the matter at their end.

Air India scouts for $535 mn loan to buy 3 Boeing planes

Disinvestment-bound carrier has reduced the required loan amount by around USD 20 million.

5 Nov 2017 4:00 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

Govt to give 60 per cent stake in ONGC fields to pvt firms

Oil ministry has identified 11 more producing oil and gas fields of the state- run firm for handing over to private...

5 Nov 2017 1:14 PM IST

The police has recovered 41 cars worth Rs 4 crore. (Photo: Deepak Kurkunde)

Domestic CV sales to grow 6-7 per cent in current fiscal: ICRA

ICRA also expects LCV (Trucks) segment to grow 14-16 per cent in the current fiscal.

5 Nov 2017 12:35 PM IST