Malaysia’s Axiata and India’s Bharti Airtel to merge subsidiaries
#KUALA LUMPUR : #Axiata Group Bhd, #Malaysia’s largest mobile operator by market value, and Bharti #Airtel Ltd, India’s largest telecom operator by subscribers, agreed […]
Business
Defaulters must not flaunt money: RBI Governor Raghuram Rajan
#MUMBAI: Lashing out against promoters of defaulting companies who continue with lavish lifestyles despite owing thousands of crores to banks, Reserve Bank of India governor […]
Gold Monetisation Scheme, Banks to get 2.5% commission for unlocking household gold: #RBI
#Mumbai: The government will pay banks a 2.5 per cent commission to unlock the country’s massive stash of gold under a new monetisation scheme, the […]
RBI allows pre-mature withdrawal in gold monetisation Scheme
In an effort to make the Gold Monetisation Scheme more customer-friendly, the RBI on Thursday said depositors will be able to withdraw medium-term (5-7 year) […]
#Davos #WEF Key takeaways from what RBI Raghuram Rajan said at World Economic Forum
#Davos : #WEF Air of pessimism and anxiety has gripped investors world over as global markets continue their falling spree with no end in sight. […]
Honda Cars India hikes car prices across models by up to Rs 10,000
#Mumbai \#Bengaluru : #Honda Cars India has increased prices of its vehicles across models by up to Rs 10,000, joining the likes of Toyota Kirloskar […]
Finance Minister Arun Jaitley & Delhi CM Arvind Kejriwal share stage at Bengal Business summit
#Kolkata : Finance Minister Arun Jaitley and Delhi Chief Minister Arvind Kejriwal at the Bengal Global Business Summit in Kolkata onJanuary 8, 2016. After […]
#Reliance Communications and #Aircel #Maxis #Communications in talks to merge mobile business
#MUMBAI : #Reliance #Communications Ltd (#RCL ), India’s fourth-biggest mobile phone carrier, said on Tuesday it is holding non-binding but exclusive talks for a […]
Inflation rises to (-)1.99% in November on costlier food articles
#Delhi / #Mumbai : Deflationary trend eased in November with WPI inflation moving up to (-)1.99 per cent as food articles, led by and onion, […]
Tata Chemicals puts off plan to sell fertiliser biz business
#Mumbai : Lack of interest from buyers has forced Tata Chemicals to put off the sale of its fertiliser business. This was to have been […]
CIL ( Coal India ) production jumps 8.8% to 321 mn tonnes in Apr-Nov
#NewDelhi: #Coal #India’s production jumped 8.8 per cent to 321.38 mt during April-November period of the current fiscal, while offtake soared by 9.8 per cent. […]
India #Manufacturing growth at 25-month low in November
India’s manufacturing sector grew at its weakest pace in over two years in November as demand and output continued to soften, a business survey showed […]
India’s #Economic #Growth seen picking up, #RBI may hold rates steady
NEW DELHI : #India’s #Economic #Growth likely picked up in the July-September quarter, outpacing China on improving domestic demand and manufacturing activity that could persuade the […]
IDBI Bank raises $350 million (Rs 2,310) crore via green bonds to fund energy projects
#Bengaluru: #IDBI Bank on Thursday said it has raised $350 million (about Rs 2,310 crore) from green bonds to fund clean energy projects. The issue […]
HP Inc Shares Tumble 7% on Weak PC, Printer Sales
#Washington : #HP Inc forecast adjusted profit for the first quarter below market expectations HP Inc, which houses former Hewlett-Packard Co’s legacy printer and […]
RBI Chief Raghuram Rajan says drop in public and private investments top concerns
#HONGKONG: India’s central bank chief Raghuram Rajan said Asia’s third-largest economy is being hampered by a drop in public and private investments, but held out […]
Reliance Jio unfair advantage of the thousands of crores
#NewDelhi : “CAG in Parliament (CAG) draft report on the first 22 842-crore Reliance Jio ‘unfair advantage’ to talk about the final report, but surprisingly, […]
After NDA debacle in Bihar polls, Sensex tanks 608 points in early session
Mumbai : The 30-share index fell by more than 600 points on Monday morning, but by mid-day looked to touch the 26,000-mark once again. The BSE […]
PM Modi to launch first India gold coin’, other gold monetisation schemes today
New Delhi: Prime Minister Narendra Modi will today launch the first ever ‘India gold coin’ bearing Ashok Chakra in a move to cash in on […]
HDFC Bank reports a 20.49% rise in second quarter net profits
#Bengaluru #Mumbai : #HDFC #Bank on Wednesday reported a 20.49% rise in its second quarter net profits at Rs 2,869.45 crore compared to the same […]
Forbes Billionaires 2015 list : India’s 100 richest includes with four women
Singapore: Another year, another set of records broken by the planet’s wealthiest. Despite some global economic turmoil — plummeting oil prices, weakened Euros, ruinous rubles […]
#Sensex recovers 215 #points, #Nifty reaches 7841
Mumbai: The benchmark BSE Sensex recovered over 215 points in early trade today on value-buying by participants amid positive global cues. The 30-share barometer spurted […]