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Allahabad Bank on Saturday became the second state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month, adding to concerns about a banking industry burdened with bad debts. (Photo: Allahabadbank.in)

Allahabad Bank board approves merger with Indian Bank

Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the...

17 Sept 2019 9:00 AM IST

Amazon sees 50 per cent more sales this year

Kicking off the first road show in the capital, the senior officials of Amazon India said they would hold similar shows...

17 Sept 2019 1:24 AM IST

Flying allowance, which constitutes between 50-80 per cent of a pilots salary. (Representational Image)

Air India Assets Holdings' bond issue fully subscribed; raises Rs...

The company received bids worth Rs 20,830 crore. AI has decided to accept the entire issue of Rs 7,000 crore, the...

16 Sept 2019 3:32 PM IST

Chennai-based TVS Motor Co on Wednesday reported 30.63 per cent jump in standalone net profit to Rs 165.61 crore for the March quarter riding on robust sales growth.

TVS Motor company launches new TVS NEO NX in Mali

NEO NX is powered by a 110cc motor producing 8.5 BHP of power and 8.5 Nm of torque.

16 Sept 2019 2:57 PM IST

JSW Energy has diversified businesses in carbon steel, power, mining, industrial gases, port facilities, cement and information technology sectors.

Bhushan Power case: NCLAT to hear JSW Steel's plea on Oct 14

NCLAT will decide over the payment of Rs 19,350 crore by JSW Steel of Bhushan Power & Steel on hearing on Oct 14.

16 Sept 2019 1:53 PM IST

As per industry statistics, there are close to 42 million SME enterprises in India across manufacturing, infrastructure, food processing, packaging, chemicals, IT and the service industry.

Enabling SMEs to drive the Indian economy to a brighter future

SME enterprises contribute 30 per cent of the total GDP and creating employment for more than 110 million people.

16 Sept 2019 12:02 PM IST

Shifu Orboot, a one-of-its-kind globe enhanced by AR, that allows children to explore the world beyond boundaries.

Shifu interactive AR toys to stimulate STEM skills

The gaming series Plugo Count and Plugo Link, will make screen time super fun and productive for your child and Shifu...

16 Sept 2019 11:56 AM IST

Theme for this year is to focus on Empowering Women in the Maritime Community

SHM Shipcare celebrates Women in Maritime' 2019

Stressing the need for increasing participation of women seafarers in maritime.

16 Sept 2019 11:32 AM IST

SBI to move RBI to offer fixed-floating rate home-loans: Chairman

SBI to move RBI to offer fixed-floating rate home-loans: Chairman

Floating rate loans are re-set as when the interest rates fall or rise, but fixed rate loans are reset in 9-12 months.

16 Sept 2019 9:54 AM IST

Flying allowance, which constitutes between 50-80 per cent of a pilots salary. (Representational Image)

Air India posts Rs 4,600 cr operating loss in 2018-19; aims profit...

The airline's net loss stood at about Rs 8,400 crore while total revenues touched around Rs 26,400 crore in 2018-19.

16 Sept 2019 9:46 AM IST

SBI chief slams 'selfish' pvt sector bank for Altico crisis

The default by Altico has resulted in concerns over the wider implications.

16 Sept 2019 9:35 AM IST

The oil giant said it plans to sell 1.5 per cent of the company, or about 3 billion shares, at an indicative price range of 30 riyals to 32 riyals.

Saudi Aramco tells Indian refiner it will get oil: source

Aramco has lost half of its production capacity after attacks on its facilities on Saturday.

16 Sept 2019 8:47 AM IST