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Bank offers interest rate of 4.5 per cent on deposits up to Rs 25,000; 5 per cent on deposits of Rs 25,000-50,000 and 5.5 per cent on Rs 50,000-1,00,000.

India Post Payments Bank hires ex-Vodafone top exec as MD, CEO

Sethi takes over from AP Singh who had been the interim MD and CEO of IPPB since January 2017.

23 Oct 2017 7:34 PM IST

Reliance Industries Limited

Reliance Industries' m-cap gets nearer to Rs 6 lakh crore

The company's market valuation surged by Rs 17,595.91 crore to Rs 5,94,078.91 crore.

23 Oct 2017 7:14 PM IST

Another option is that the Centre allows Air India to remain a national carrier by controlling at least 51 per cent stake.

Air India eyes sale of scrapped engine parts

Government has decided to go for strategic disinvestment of Air India and its five subsidiaries.

23 Oct 2017 7:09 PM 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 signs MoU with Escorts for tractor financing

Aim of the tie-up with Escorts is to promote, market and make accessible, organised finance facility.

23 Oct 2017 7:03 PM IST

Engine-maker Cummins India is investing in research on electric mobility solutions for India. (Photo: Representational/File/PTI)

Battery swapping can push electric car revolution: ADB blog

In India, tenders to procure 10,000 high-performance electric cars have already been announced.

23 Oct 2017 6:26 PM IST

Flipkart is in talks for a partnership with online ticketing platform BookMyShow, said media reports. Photo: PTI

Flipkart mulls investment in Urban Ladder, UrbanClap, Swiggy

This report comes days after it was reported that Flipkart is eyeing partnerships with MakeMyTrip and Bookmyshow.

23 Oct 2017 5:58 PM IST

Reliance sees the new handset, named JioPhone, allowing it to target Indias entire telecom user base.

India mobile carriers rally on hopes for easier competition after Jio...

Jio's announcement last week of new high-end data tariffs that effectively raise prices by as much as 20 per cent.

23 Oct 2017 5:57 PM IST

Once services commence, the ferry is expected to do four round trips every day. (Photo: PTI)

Essar completes construction of Ro-Ro terminals in Gujarat

Ro-ro ferry will bring down the travel time between Gujarat's Ghogha and Dahej ports from 7 hours to just 2.5 hours.

23 Oct 2017 4:46 PM IST

Integration with Truecaller has enabled 1mg to seamlessly on-board new users. (Photo: PTI)

Truecaller reports 21 per cent surge in user registration on '1mg'

Integration with Truecaller SDK enables new 1mg users to instantly sign-up in a simple and quick manner.

23 Oct 2017 3:05 PM IST

Net sales during the quarter under review stood at Rs 1,777.36 crore against Rs 1,559.33 crore in the year ago period.

Havells India reports Rs 171 crore profit for Jul-September

The company had posted a net profit of Rs 145.79 crore during the same period previous fiscal.

23 Oct 2017 2:34 PM IST

United Breweries Ltd (UBL), has persuaded liquor baron Vijay Mallya to step down from its board. (File Photo)

United Breweries asks Vijay Mallya to step down from board

UBL had requested Mallya to step down as chairman of the company as early as February and now want him to quit the board...

23 Oct 2017 1:02 PM IST

The government has proposed that proceeds from the health cess be used by exclusively for investment in public health. (Representational image)

Healthcare IT companies raise $5.5 bn in VC funding in Jan-Sep 2017

There were 16 Indian healthcare IT companies that received VC funding in the July-September quarter.

23 Oct 2017 12:45 PM IST