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Friday, Apr 19, 2024 | Last Update : 08:13 AM IST

Oil companies defer decision to suspend fuel supplies to Air India

IOC, HPCL and BPCL had earlier this month threatened to snap aviation turbine fuel supplies to Air India.

18 Oct 2019 10:44 AM

Citibank spokesman said the bank did not meet the holding requirement in some instances, but customers were not affected.

Citi pays USD 30 million fine to settle real-estate violations: regulator

Federal law limits the time a national bank may hold foreclosed and “other real estate owned” (OREO) assets.

12 Oct 2019 10:31 AM

CAA said more than two-thirds of the total number of customers has been repatriated. (Photo: Twitter)

Thomas Cook customers may face two-month delay for refunds: report

A total of 100,000 bookings made by direct debit would be refunded within the next 14 days.

30 Sep 2019 2:35 PM

obligation. Crisil and ICRA had downgraded ratings on DHFL's commercial papers (CPs) worth Rs 850 crore last week, citing delay in payments.

DHFL makes Rs 962 crore payment towards NCDs, to seek ratings upgrade

The company has made interest payments in lieu of Rs 961.95 crores as committed to its debenture holders.

12 Jun 2019 8:58 AM

Reliance said its price agreement with such sellers is at market price and payments are settled in cash or by product supply bilaterally between it and such sellers.

Not involved in any cash payment arrangement to Venezuela's PDVSA for oil: RIL

PDVSA is only the original physical supplier, as the crude oil originates in its export facilities

20 Apr 2019 2:54 PM

ArcelorMittal did not have any immediate comment.

Supreme Court halts ArcelorMittal payment to buy Essar Steel: report

India’s bankruptcy court had approved ArcelorMittal’s USD 6 billion bid for debt-ridden Essar on March 8.

12 Apr 2019 4:33 PM

The airline had been delaying the salaries of its pilots, engineers and senior staff since August who have not been paid since January.

Jet Airways delays March salary payment to employees, engineers meet CEO

Jet Airways delayed March payment to its all 16,000 employees for the third time since September last year.

04 Apr 2019 9:00 AM

Cash-crunched Indian carrier Jet Airways Ltd said on Monday it will delay paying interest to its debenture holder. (Photo: Twitter | @jetairways)

Jet Airways delays payment to debenture holder

Jet has been saddled with debt of over USD1 billion due to tight competition and rising fuel costs.

18 Mar 2019 11:50 AM

Diverse functions like Sending and receiving payments, advanced payment services, infrastructure building and enhancement, unconventional and new user experiences are the future of new collaborations in the Fintech Industry.

Top Fintech trends revamping financial technology

Platforms as a service or PaaS are one of the biggest trends to look out for in the Fintech space.

24 Feb 2019 3:03 PM

Union Food Minister Ram Vilas Paswan. (Photo: FIle)

States must take steps to ensure payment of Rs 20,000 cr to cane growers: Paswan

The Centre last week raised the benchmark price of sugar sold at factory gate to Rs 31 per kg from Rs 29 per kg earlier.

20 Feb 2019 12:21 PM

The dividend of Rs 7.12 crore was due for the period between April 1, 2017 to December 23, 2018.

IL&FS Transportation Networks defaults on dividend payment of Rs 7.12 cr

The group's total debt stood at over Rs 94,000 crore as of October 2018.

07 Jan 2019 1:12 PM

Retailers such as discounters Aldi and Lidl, supermarket chain Kaufland, drugstores Rossmann and DM, department store chain Kaufhof, clothing retailers H&M, Esprit, C&A and Zara as well as consumer electronics chain MediaMarkt will accept payment with the app, which allows customers to pay contactless by holding their smartphone in front of a payment terminal.

Apple launches payments service in Germany following delay

Apple has already launched its payment services in 20 other countries.

12 Dec 2018 3:48 PM

ONGC has a 40 per cent stake in Venezuela’s San Cristobal project, with PDVSA holding.

ONGC gets USD 32 million payment from Venezuela's PDVSA

PDVSA paid about USD 90 million of that but has not paid the rest.

05 Dec 2018 11:26 AM

Company aims to benefit over 9.8 million partner merchants who accept payments using Paytm at their offline stores.

Paytm offers instant, on-demand settlement to partner merchants

The company has rolled out this functionality to over 1 million merchants across India.

29 Nov 2018 2:15 PM

Indian oil companies would use this branch to deposit their payment for oil imported from Iran in rupee.

India will pay in rupees for Iran oil post-US sanctions

The Reserve Bank of India (RBI) has given its nod to Iranian Bank Pasargad to set up a branch in Mumbai.

01 Nov 2018 10:48 AM

Iran is open to accepting rupee payment for oil and may use the money to pay for equipments and food items it buys from India.

India to pay in rupees for Iranian oil

India had planned to import about 25 million tonnes of crude oil from Iran in the current fiscal.

20 Sep 2018 6:29 PM

Company has defaulted in payment of quarterly interest of Rs 2.12 crore, which was due on September 19, 2018.

Hotel Leela defaults on payment of quarterly interest to LIC

Hotel Leelaventure said the total interest outstanding as on date is Rs 13.80 crore.

20 Sep 2018 11:06 AM

The exchange rate has already taken a toll on major carriers Jet Airways, IndiGo and SpiceJet.

Airlines bleed as big chunk of payments made in dollars

Rupee woes spread across sectors; govt-RBI in combat mode.

11 Sep 2018 8:34 AM

Company expects to make these payments in the next few days from the proceeds of the aforesaid sale transaction.

RInfra defaults on Rs 133 cr NCD redemption payment

Shares of RInfra were trading 1.46 per cent lower at Rs 413.75 apiece on BSE.

23 Aug 2018 12:59 PM

Delayed payments under MNREGA decline to 6-year low

Delayed payments, whi¬ch were as high as Rs 2.38 lakh cr in FY16 had declined significantly to Rs 67,956 cr in FY18.

15 May 2018 8:27 AM

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