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Company will use the funds for lending to its renewable energy and energy efficiency projects.

RCap arm to get Rs 300 cr loan from IREDA for green projects

Government has targeted to raise its renewable energy capacity to 175 GW by 2022 from 45 GW at present.

9 Oct 2017 2:22 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.

ONGC may sell stake in IOC to LIC to fund HPCL deal

ONGC has already secured shareholder nod to raise up to Rs 25,000 crore debt.

9 Oct 2017 1:56 PM IST

Embattled liquor baron Vijay Mallya. (Photo: PTI)

Kingfisher probe: Officials, directors under lens for violations

Company's balance sheet was never strong and its credit rating was lower than what was required for sanctioning loans.

8 Oct 2017 5:49 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 to meet telcos on international termination rates

Trai will come out with a separate regulation on the international termination charges, currently pegged at 53 paise per...

8 Oct 2017 3:56 PM IST

Mobikwik was among the first companies to launch a mobile wallet in the country in 2009.

MobiKwik to spend Rs 80 cr on marketing, promotion

Company is also focusing on bringing more people onboard from tier I, II and III regions.

8 Oct 2017 3:43 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 records highest 4G upload speed in September

Telecom Regulatory Authority of India tabulates data download speed with the help of its MySpeed app.

8 Oct 2017 2:57 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 puts 32 NPAs with outstanding loan of Rs 1,176 cr on block

Net NPAs stood at 9.16 per cent and 7.81 per cent as on June 30, 2016 and March 31, 2017, respectively.

8 Oct 2017 1:43 PM IST

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.

EESL order will accelerate full range EV programme: Tata Motors

To fulfill the EESL order, Tata Motors will manufacture electric version of its compact sedan Tigor.

8 Oct 2017 12:23 PM IST

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

Coal imports up 10 pc in Sept as power plants face fuel shortage

India's coal imports declined marginally to 19.08 MT as against 19.63 MT in the same month of 2016-17.

8 Oct 2017 12:15 PM IST

FMCG companies scaled back growth-oriented investments and shifted focus to sustaining profits all at the cost of the top line.

GST 100 days: FMCG cos give thumbs up, say demand picking up

Most FMCG firms were hit by de-stocking by channel partners ahead of implementation of the GST.

8 Oct 2017 12:08 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.

CRZ nod to ONGC's Rs 266 crore desalination plant in Maharashtra

Proposal is to set up a seawater desalination plant with a capacity to process 20 million litres per day.

8 Oct 2017 11:39 AM IST

The company will leverage SBIs sole branch in that country to service its products and tie-up with local banks later.

SBI Life to open Bahrain branch by December

Company has received the requisite approvals from the Central Bank of Bahrain and the Indian regulator IRDAI.

8 Oct 2017 11:35 AM IST