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Solvency ratio is a key metric used to determine the ability of an insurer to meet its debt, pay claims and honour other financial commitments.

Reliance Health barred from selling policies

Solvency ratio dips to 63% against norm of 150%.

8 Nov 2019 6:26 AM IST

IndiGo is the Indian aviation market leader, with about 40 per cent of the market share.

Qatar Airways signs one-way codeshare agreement with IndiGo for three...

IndiGo Chief Executive Officer (CEO) Ronojoy Dutta and Qatar Airways CEO Akbar Al Baker signed the codeshare agreement...

7 Nov 2019 7:10 PM IST

Housing financiers like Indiabulls Housing Finance and Dewan Housing Finance are facing liquidity crunch.

Homebuyers can approach banks for loan revival: Govt

Homebuyers are advised to reach out to their respective lending institutions to seek necessary guidance.

7 Nov 2019 4:44 PM IST

Shaktikanta Das

Closely monitoring situation at PMC Bank; forensic audit underway: Das

The apex bank enhanced the cash withdrawal limit to Rs 50,000 per account.

7 Nov 2019 3:47 PM IST

GM was the top-selling automaker for more than seven decades until Toyota surpassed it in 2008.

Toyota reports 1 per cent profit growth on healthy global sales

Toyota Motor Corp's profit for the second fiscal quarter totaled USD 5.4 billion, up from 585 billion yen last year.

7 Nov 2019 2:42 PM IST

DHFL is currently classified as stressed account but will slip into becoming a Non-Performing Assets (NPA) by December 31 unless a resolution is found.

Govt not planning to help banks rescue shadow lender DHFL: sources

DHFL's creditors include mutual funds, pension funds, insurance firms and a wide array of retail investors.

7 Nov 2019 1:30 PM IST

IndiGo on Tuesday announced that it had placed an order for 300 A320neo family aircraft, comprising A320neos, A321neos and A321XLRs. (Representational Image)

Have no interest in Air India, only IndiGo: Qatar Airways CEO

IndiGo on Thursday signed a one-way codeshare agreement with Qatar Airways, allowing it to book seats on the former's...

7 Nov 2019 1:12 PM IST

Tata Steel is countrys major steel producer.

Tata Steel shares fall about 4 pc after Q2 earnings

Consolidated income dipped 15.7 per cent to Rs 34,762.73 crore in the reporting quarter from Rs 41,257.66 crore a...

7 Nov 2019 12:24 PM IST

The joint venture will subsequently have similar scrapyards in different parts of the country.

Toyota, Suzuki eye cash for clunker policy, float JV

As per the government, an estimated 28 million end-of-life vehicles across categories will be ready to be scrapped by...

7 Nov 2019 5:48 AM IST

Karnataka High Court

Karnataka High Court stays insolvency move against Flipkart

The NCLT accepted the petition filed by Mumbai-based CloudWalker Streaming Technologies, an LED TV supplier to Flipkart.

7 Nov 2019 4:45 AM IST

The SpiceJet added that Some passengers were moved to flights of other airlines while the rest travelled by the scheduled SpiceJet flight.

SpiceJet board to consider Q2 results on Nov 13

The India's largest private airline had reported its highest-ever quarterly profit of Rs 261.7 crore for the June...

6 Nov 2019 8:22 PM IST

BSNL has also added 1.2 million subscribers through MNP during the month.

BSNL rolls out VRS scheme; expects 70,000-80,000 employees to avail it

In all, nearly one lakh BSNL employees are eligible for the VRS out of its total staff strength of 1.50 lakh.

6 Nov 2019 4:45 PM IST