SAIL to close two subsidiary companies
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August 31, 2019
State-run steel maker Steel Authority of India Ltd (SAIL) is shutting down two of its subsidiaries located in Uttar Pradesh and Jharkhand....
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OVL, partners buying 49% stake in Vankor cluster oilfields
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August 31, 2019
New Delhi: A preliminary pact for a consortium of Indian companies led by ONGC Videsh (OVL) for acquiring about 49 per cent stake in Russia...
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Why band-aids & pills will no longer solve India's chronic pain
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August 31, 2019
India’s GDP growth slowed to 5% in the April-June quarter, the slowest since the scam-hit days of UPA-2. From 8.2% a year ago, growth has fa...
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Leprosy drug to treat cancer? Doctors hunt for new uses of old medicines
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August 31, 2019
NEW DELHI: Can a leprosy tablet priced at Rs 2 be the miracle cure to treat blood-cell cancer? Or can expensive injections given to treat os...
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Maruti Suzuki sales fall 36% in August
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August 31, 2019
NEW DELHI: The country’s largest carmaker Maruti Suzuki today reported a 35.9% decline in domestic sales at 94728 units last month. While sa...
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FPIs net sellers for 2nd straight month, pull out Rs 5,920 cr
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August 31, 2019
New Delhi: Foreign investors pulled out a net amount of Rs 5,920 crore from the Indian capital markets in August even as the government roll...
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Trade war just reached a whole new level
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August 31, 2019
China and the United States began imposing additional tariffs on each other's goods on Sunday, the latest escalation in a bruising trade...
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8 of top-10 firms add Rs 77,222 cr in m-cap; HDFC twins lead
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August 31, 2019
New Delhi: Eight of the 10 most valued domestic companies together added Rs 77,222.53 crore in market valuation last week, propelled by shar...
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100 days & counting: Hits and misses of Modi 2.0
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August 31, 2019
India loved Narendra Modi’s first term as prime minister, going by the 2019 election results. How is the country warming up to the initial m...
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Steep penalties for traffic rule violations from today
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August 31, 2019
Amendments to the Motor Vehicle Act were passed by the Parliament recently but most come into effect from September 1. This means that drivi...
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Indian B-to-B founders are shifting base to Silicon Valley
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August 31, 2019
What’s the point of so much shuttling?” Saket Modi, 29, asked himself a few months ago.Last year, the cofounder of Lucideus, a cybersecurity...
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Board to soon consider amalgamation with OBC, United Bank: PNB
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August 31, 2019
Punjab National Bank (PNB) on Saturday said a board meeting will be held soon to consider amalgamation of Oriental Bank of Commerce and Unit...
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Pay service charge on rail e-tickets from tomorrow
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August 31, 2019
NEW DELHI: E-tickets bought through IRCTC will get costlier as the Indian Railways has decided to restore service charges from September 1, ...
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IRCTC to restore service charges on e-tickets from September 1; Rs 15 for non-AC, Rs 30 for AC classes
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August 31, 2019
NEW DELHI: E-tickets bought through IRCTC will get costlier as the Indian Railways has decided to restore service charges from September 1, ...
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Big chunk of insurance game may now change
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August 31, 2019
MUMBAI: At least three insurance companies — Star Union Daiichi, Canara HSBC OBC Life Insurance and India First Life Insurance — could witne...
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Things that have now fallen into place, and the ones that haven't
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August 30, 2019
The government has merged some relatively strong banks with some relatively weak ones, to create some large banks, with capital adequacy, ra...
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Two-wheeler sales may remain under strain for two years: Suzuki
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August 30, 2019
NEW DELHI: Two-wheeler sales in the local market will remain under pressure for the next two years on account of price increases from the im...
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The factor that finally sealed India's grand bank deal
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August 30, 2019
NEW DELHI: For the last six months or so, officials in the department of financial services and the public sector bank brass had been brains...
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Once city of banks, Kolkata may have one PSU bank headquarter
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August 30, 2019
Kolkata: During the pre-Independence era, there had been more bank headquarters in Kolkata than any other Indian city, except Mumbai. Now Ko...
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Israel wants to post personnel in India to screen Tel Aviv flyers
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August 30, 2019
NEW DELHI: Israel wants to add additional layers to its air-security and has requested India to allow trained Israeli personnel to put flyer...
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IndiGo replaced one PW engine/week in last 2.5 yrs
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August 30, 2019
NEW DELHI: In the last 2.5 years, IndiGo Airbus A320 Neos have on an average seen one faulty Pratt & Whitney (PW) engines powering these...
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Half of merging banks had ‘foreign’ origins
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August 30, 2019
MUMBAI: While the big bang merger will bring in much needed economies of scale in the operations of some of the smaller banks, it will also ...
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19 lakh people fail Assam's citizenship test
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August 30, 2019
GUWAHATI: A total of 3,11,21,004 persons have been found eligible for inclusion in Final NRC, leaving out 19,06,657 persons including those ...
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Haldiram-Pioneer team bids for Kwality
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August 30, 2019
MUMBAI: A consortium of Haldiram Snacks and Pioneer Securities has bid for Kwality, offering only a little above 6% of the stressed dairy pr...
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Restaurant body’s knives still out for Zomato
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August 30, 2019
MUMBAI: A standoff between restaurant owners’ body National Restaurant Association of India (NRAI) and food delivery platform Zomato over a ...
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Saudi Aramco board sees too many risks for New York IPO
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August 30, 2019
DUBAI/LONDON/RIYADH: The board of Saudi Aramco has determined that listing the state energy giant in New York would carry too many legal ris...
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How the new banks will look post merger
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August 30, 2019
The government’s proposal to merge six public sector banks with their peers will propel Delhi-based Punjab National Bank to become the secon...
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Automakers bank on buyback option to tackle slowdown
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August 30, 2019
Nilanjan Banerjee of New Delhi bought Mahindra’s premium luxury SUV, Alturas, this month. No big deal, except that he will keep the vehicle ...
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Domestic media welcomes FDI cap for digital news
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August 30, 2019
NEW DELHI: Domestic media entities have welcomed the decision to bring digital news media under the ambit of the FDI policy regime. The Unio...
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Domestic media welcomes FDI cap for digital news entities
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August 30, 2019
NEW DELHI: Domestic media entities have welcomed the decision to bring digital news media under the ambit of the FDI policy regime. The Unio...
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