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The RBI has initiated a prompt corrective action against state-owned Oriental Bank of Commerce (OBC) for high bad loans. Photo: PTI

RBI begins 'corrective action' against Oriental Bank of Commerce for...

The move will place various restrictions on the public sector lender including on fresh loans and dividend distribution.

7 Oct 2017 8:02 PM IST

Businesses today need to urgently and proactively invest in it, Sivarama Krishnan, partner and leader Cyber Security, PwC India, said.

TCS says no impact of 'purported data breach' on its data, systems

The Aadhaar-issuing body, UIDAI, had also clarified that there has been no security breach of its database or central...

7 Oct 2017 5:39 PM IST

Chairman and founder of Adani group Gautam Adani

Australians protest against Adani's Carmichael coal mine project

The national rallies come as new polling shows more than half of Australians oppose the mine, reported local media.

7 Oct 2017 1:27 PM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Sebi panel suggests shareholders' nod for royalty payment

Currently, there is no specific provisions pertaining to payments made pertaining to brand and royalty to related...

6 Oct 2017 6:38 PM IST

Sunil Kant Munjal is chairman, Hero Enterprises.

Note ban, GST will take some time to show results: Munjal

He adds demonetisation was a fantastic idea but its implementation could have been taken up differently.

6 Oct 2017 6:05 PM IST

Reliance Industries Limited

Reliance Industries sells off stake in US shale gas business for USD...

Reliance Industries Limited said it will continue to manage the remainder of its US shale resources.

6 Oct 2017 5:19 PM IST

The state housing authority has identified a mere 650 houses for this years lottery.

Govt may bring back inheritance or estate tax in range of 5-10 per...

Levy would be mainly for identified High Net worth Individuals, families who are gearing up against it.

6 Oct 2017 5:12 PM IST

Companies expect a 10-fold growth in gross merchandise value (GMV) in the next 12 months.

BSNL-Mobikwik wallet clocks Rs 1 crore GMV in 45 days

BSNL-MobiKwik wallet is an initiative to include semi-urban and rural India into digital payments economy.

6 Oct 2017 4:22 PM IST

SBI chief Arundhati Bhattacharya

Credit growth is 'unfinished agenda', says outgoing SBI chief

Arundhati Bhattacharya will be replaced by colleague and banking veteran Rajnish Kumar.

6 Oct 2017 3:31 PM IST

Mercedes Lewis Hamilton stands next to his car during a red flag session at the One Azerbaijan Grand Prix in Baku. (Photo: AP)

Mercedes retains top slot with 11,869 units from Jan-Sep

In the July-September quarter, Mercedes-Benz India sold 4,698 units, a growth of 41 per cent.

6 Oct 2017 3:24 PM IST

A coach of Jammu Tawi-New Delhi Rajdhani Express derailed on Thursday at the New Delhi Railway station. (Photo: ANI)

Tickets booked on IRCTC website may cost less as MDR likely to go

At present, Indian Railways' catering and tourism arm transfers MDR charge to passenger.

6 Oct 2017 3:10 PM IST

SpiceJets co-founder, owner and MD Ajay Singh has reportedly bough a controlling stake in the media channel NDTV. Photo: PTI

Lower state taxes on ATF, make fuel part of GST: SpiceJet chief

Cut in state taxes on ATF and bringing it within GST to make Indian aviation sector fastest growing in the world.

6 Oct 2017 2:52 PM IST