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Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

PMC depositors gather outside RBI Delhi, demand assurance from central...

On Tuesday, the RBI increased the withdrawal limit from the bank's customers to Rs 50,000.

6 Nov 2019 3:44 PM IST

According to Frankfurt authorities the car could not be driven anymore and will be sent to the scrap heap. (Representational Image: Pixabay)

Maruti Suzuki, Toyota Tsusho to set up vehicle dismantling, recycling...

MSTI will set up its vehicle dismantling and recycling unit in Noida, Uttar Pradesh within 2020-21.

6 Nov 2019 1:51 PM IST

AstraZeneca to distribute Sun Pharma cancer medicines in China

Shares of Sun Pharma rose as much as 5.4 per cent to a nine-week high after the announcement.

6 Nov 2019 12:49 PM IST

Elwell said the FAA sent Boeing additional questions about its proposed fixes for the MAX planes, which caused the delay. (Photo:AP)

Boeing says India may order 2,380 jets from planemakers over 20 years

The company expected the model to return to commission in the fourth quarter in the United States.

6 Nov 2019 12:42 PM IST

Asserting that all its loans are fully secured, suspended PMC Bank managing director Joy Thomas stated that one large account - HDIL - was the sole reason for the present crisis that led to the regulatory action on Tuesday. (Photo: PTI)

Withdrawal limit for PMC Bank depositors raised to Rs 50,000

With the above relaxation, more than 78 per cent of the depositors of the bank will be able to withdraw their entire...

5 Nov 2019 6:30 PM IST

In the international market also, gold prices were trading higher at USD 1,502 an ounce and silver at USD 17.71 per ounce.

Gold prices fall Rs 101 on rupee appreciation, weak global cues

Gold is trading at Rs 39,213 per 10 gram on Tuesday on rupee appreciation and selling in global markets.

5 Nov 2019 3:38 PM IST

Representational image of an Indigo aircraft.

IndiGo, Qatar Airways to announce strategic deal

Qatar has in the past shown interest in investing in IndiGo but the Indian airline has resisted.

5 Nov 2019 2:49 PM IST

The Maruti Suzuki cars that will see a reduction in prices include Alto 800, Alto K10, Swift Diesel, Celerio, Baleno Diesel, Ignis, Dzire Diesel, Tour S Diesel, Vitara Brezza and S-Cross.

Suzuki Motor Corp Q2 operating profit down 32 pc as India, Japan sales...

Net sales in the period under review stood at 847.9 billion yen as against 941.9 billion yen in the year-ago period.

5 Nov 2019 2:36 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB posts profit of Rs 507 crore in Q2

The state-owned lender had posted a loss of Rs 4,532.35 crore during the same quarter a year ago.

5 Nov 2019 2:20 PM IST

Global rating agency Moodys Investors Service on Tuesday placed Yes Banks foreign currency issuer rating of Ba1 under review for downgrade.

Yes Bank shares zoom 9 pc after Rakesh Jhunjhunwala buys stake

The scrip, after a positive opening, further jumped 8.77 per cent to Rs 71.90 on the BSE.

5 Nov 2019 12:13 PM IST

Ubers costs jumped about 33 per cent to USD 4.92 billion (Â£3.81 billion) in the latest quarter. (Photo: AP)

Uber's quarterly loss widens as costs rise; shares fall

Overall, the company's net loss widened to USD 1.16 bn in the quarter ended Sept 30, from USD 986 mn a year earlier.

5 Nov 2019 8:15 AM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC Q2 net profit up 76 per cent at Rs 1,749 crore

Total income (standalone) increased to Rs 13,494.12 crore from Rs 11,256.96 crore a year ago.

4 Nov 2019 3:32 PM IST