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Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Entities with sufficient funds, ability to run Air India can bid:...

Bidder who buys Air India would have to stay invested in the airline for at least three years.

19 April 2018 12:51 PM IST

Fortis last week to Rs 155 per share by valuing the hospital business higher at Rs 6,061 crore, from Rs 5,003 crore initially.

Fortis gets improved offer from Munjals, Burmans to invest Rs 1,500 cr

The board of directors of the company is scheduled to meet today to consider all the options.

19 April 2018 11:56 AM IST

Employees Provident Fund Organisation or EPFO stores members PF corpus.

EPFO members to get option to hike investments in ETFs by this fiscal

Over five crore subscribers of retirement fund body EPFO will get an option to increase or decrease investments.

18 April 2018 3:55 PM IST

Uber France is facing criminal proceedings in a court in the northern French city of Lille for its UberPop service.

Uber 'doubling down' on investment in Indian market

There have been reports about Uber and rival Ola joining forces in the Indian market.

18 April 2018 3:47 PM IST

The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe.

IMF sees solid near-term global growth but risks beyond

The IMF raised its US forecast by two tenths for both years, to 2.9 per cent for 2018 and 2.7 per cent for 2019.

18 April 2018 1:09 PM IST

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

India must create 8.1 million jobs annually, says World Bank report

India needs to create 8.1 million jobs a year to maintain its employment rate.

16 April 2018 6:44 PM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi hikes FPI investment limit for govt debt, corp bonds in 2...

Limit for FPIs in central govt securities shall be enhanced to Rs 2,07,300 cr on April 12 and Rs 2,23,300 cr on Oct 1.

13 April 2018 1:07 PM IST

Fortis shares gained 4.17 per cent to end at Rs 153.80 on the BSE on Thursday.

Hero, Dabur offer to invest Rs 1,250 crore in Fortis

Fortis board on Wednesday saying it may be willing to pay as much as Rs 160 per share to acquire control of the company.

13 April 2018 11:04 AM IST

Reliance Industries limited

RIL to buy 73 pc stake in Embibe, plans to invest USD 180 mn in 3 yrs

Embibe is an early stage company has on-boarded 60 education institutions to its platform.

13 April 2018 9:55 AM IST

FDI equity inflow in manufacturing sector grew by 31 per cent to USD 4.19 billion during April-June this fiscal.

Annual FDI inflows to rise to USD 75 bn over next 5 yrs: report

India is among the most favoured FDI destinations and the annual FDI inflows to the country is expected to rise.

12 April 2018 12:45 PM IST

Minister of State for Finance clarified that as per an earlier decision of GST Council, states may choose any date before June 1 to implement e-way bill. (Photo: ANI)

Most Indian retail investors trust financial services sector

Global association of investment professionals, shows that 71 pc of Indian investors trust financial services industry.

11 April 2018 10:29 AM IST

Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.

Sebi issues framework to club investment limits of foreign govt

The move comes as various stakeholders have been seeking guidance on clubbing of investment limits.

10 April 2018 6:02 PM IST