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Volkswagen plant will produce its first car in June 2017 and is expected to increase output to more than 100 vehicles a day.

Volkswagen launches new Passat at Rs 29.99 lakh

The company had earlier this year introduced performance-oriented hatchback GTI and premium SUV Tiguan.

10 Oct 2017 4:45 PM IST

Mahindra & Mahindra

M&M eyes petrol engines across the spectrum by April 2020

Mumbai-based company launched an updated version of its compact SUV KUV100 priced at Rs 4.39-7.33 lakh.

10 Oct 2017 4:32 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 decide on IPO size later: CEO

Bandhan Bank, which started operations in August 2016, was asked by RBI to come out with the IPO in three years from...

10 Oct 2017 4:05 PM IST

Shares of Bank of Baroda was trading 0.25 per cent up at Rs 138.95 on BSE.

Bank of Baroda to raise Rs 1,650 crore from bonds

Banks can write off such investments or convert them into common equity if approved by the RBI.

10 Oct 2017 3:40 PM IST

Govt has sanctioned 42 mega food parks which will be operational by 2019. (Photo: PTI)

Govt to set up mini food parks, backs direct farm sourcing

MoS for Food Processing says all 42 sanctioned mega food parks will be operational by 2019.

10 Oct 2017 3:38 PM IST

Prior to joining Facebook, Bedi served as the managing director of the South Asia region at Adobe. (Photo credit: Facebook)

Facebook India MD Umang Bedi quits; Bhushan named interim head

Umang Bedi will be leaving his role at Facebook at the end of this year.

10 Oct 2017 3:25 PM IST

Annually, Rs 2,500 crore of fuel is bought at petrol pumps and now a part of it being talked of being home delivered.

Maharashtra cuts petrol price by Rs 2 and diesel by Rs 1 per litre

State follows in footsteps of Gujarat that cut VAT by 4 per cent on petrol and diesel on Tuesday.

10 Oct 2017 3:14 PM IST

Vedanta Resources Group Chairman Anil Agarwal

Vedanta bets big money on ramping up output, but sets rider

Government to allow export of crude oil produced from the Barmer fields in Rajasthan to discover the right price.

10 Oct 2017 2:58 PM IST

Prior to the December 1 price change, rates were hiked by Rs 1.46 a litre in the case of petrol and Rs 1.53 per litre for diesel, excluding local levies, on November 16.

In Gujarat, petrol will cost Rs 66.53, diesel Rs 60.77 a litre from...

State cuts value added tax by 4 per cent on essential fuels after Centre slashed excise duty by 2 per cent.

10 Oct 2017 2:33 PM IST

Standard Chartered Chief Executive Bill Winters this month branded the banks income and profit unacceptable, as below-forecast third-quarter results underlined the challenges facing his overhaul.

Standard Chartered Bank opens new GBS centre in Bengaluru

Bank's strategy to invest USD3 billion over three years in technology and systems which it announced in 2015.

10 Oct 2017 2:32 PM IST

State Bank of India, SBI, chairman Rajnish Kumar has replaced Arundhati Bhattacharya. (Photo: PTI)

Rajnish Kumar shows SBI staff ways to tackle challenges

Kumar in a letter to staff highlights worst phase banking sector with huge debt burden was passing through.

10 Oct 2017 12:31 PM IST

Sahara chief Subrata Roy

Sebi moves SC against Sahara for 'obstruction' of Aamby Valley auction

This move comes despite the apex court's direction to go ahead with the scheduled auction of Aamby Valley property in...

10 Oct 2017 11:48 AM IST