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With only 11 per cent of fresh slippages during the quarter being from standard restructured loans, Icra said that corporate slippages outside the vulnerable book continued.

Agencies clash on credit profile

Crisil claims improvement, ICRA denies.

4 Oct 2017 3:00 AM IST

A petrol pump attendant

Petrol, diesel to go cheaper as excise duty cut by Rs 2 a litre

Cut in excise on diesel and petrol will cost government an additional burden of Rs 26,000 crore in a full year.

3 Oct 2017 7:48 PM IST

Ghana's National Communications Authority clears Airtel-Tigo merger

The merged entity will have a 3G licence and 2G licence valid until January 2024 and October 2021, respectively.

3 Oct 2017 5:22 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.

Tata Motors ramping up production across segments

Its domestic sales of 53,695 units in September were the highest since March 2013.

3 Oct 2017 5:05 PM IST

Expedia chief Dara Khosrowshahi will step in as the new CEO of Uber, Photo: www.expediainc.com

Uber CEO to meet London transport officials after licence ban decision

Dara Khosrowshahi is set to meet Transport for London's Commissioner Mike Brown on Tuesday.

3 Oct 2017 2:31 PM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

Ambani's RIL makes first purchase of US crude oil

Reliance bought 1 mn barrels each of West Texas Intermediate or WTI Midland and Eagle Ford crude.

3 Oct 2017 1:30 PM IST

Mahindra & Mahindra

Mahindra starts manufacturing construction equipment

The Mumbai-based company on Tuesday rolled out its first motor grader -- Mahindra RoadMaster G75 -- under the business...

3 Oct 2017 1:03 PM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

Flipkart board approves USD 100 billion ESOP for employees

If the plan materialises then this will be the largest employment stock option plan by any startup in the country.

3 Oct 2017 12:50 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

Debt-reeling RCom to get lower value in Brooklyn deal post collapse of...

Reliance Communications Limited is currently saddled with a debt of USD 6.8 billion.

3 Oct 2017 10:58 AM IST

Earlier in the day, a case was registered against the Ola cab driver. (Representational Image)

Ola said to raise $2 billion from SoftBank, Tencent: Bloomberg

Japan's SoftBank has been looking to play consolidator in India's flourishing startup ecosystem.

3 Oct 2017 9:33 AM IST

The net absorption of office space increased 60 per cent to 1.8 million square feet (msf).

Net absorption in office space to pick up further

Chennai saw the maximum increase in net absorption led by sectors such as e-commerce, IT and banking & financial...

3 Oct 2017 4:45 AM IST

Among the headline-grabbing details was a plan to eventually make Apple iPhones in India.

Mobilemakers hit by lack of skilled workers

The government has since said it would not take any hasty decisions.

3 Oct 2017 4:32 AM IST