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Reliance Jio

End of free calls? Reliance Jio starts charging 6p/min for calling other operators

Now with the new condition, all Jio users wanting to call on Vodafone Idea and Airtel networks will have to buy additional top-up vouchers of Rs 10, Rs 20, Rs 50 and Rs 100 Oct 10, 2019
Lakshmi Vilas Bank put under prompt corrective action framework

RBI pulls plug on Lakshmi Vilas Bank merger bid with Indiabulls Housing Finance

Lakshmi Vilas Bank placed under regulatory restrictions over high leverage last month will have to explore other ways to raise capital; IndiaBulls may turn to share buyback. Oct 10, 2019
Asia Pacific

Asia-Pacific 2019 growth to slow to 5.8% on trade tensions: World Bank

Economic growth in the region is forecast to slip to 5.8% in 2019 from 6.3% in 2018. Oct 10, 2019
sensex nifty

Sensex, Nifty retreat as banks fall; Indiabulls dips 9%, Airtel top gainer

The broader NSE Nifty was down 0.35 per cent at 11,273.60 by 0437 GMT, while the benchmark BSE Sensex was weaker by 0.31 per cent at 38,060.12. Oct 10, 2019
budget 2017, fm arun jaitley, suresh prabhu indian railways, fares, tickets, modi

Railways made Rs 35,073 crore in 10 years by just selling scrap

The Indian Railways said it earned a maximum profit of Rs 4,409 crore by selling scrap in 2011-12. The lowest income of Rs 2,718 crore was in 2016-17. Oct 10, 2019
Reliance

Reliance to resume Venezuela oil loadings, says actions compliant to US sanctions

A spokesperson for Reliance said on Wednesday it has been supplying Venezuela with fuels, including diesel, permitted under US sanctions in exchange for the refined products. Oct 10, 2019
Ministry of Finance building in New Delhi

Centre mulls time-bound e-bidding process to speed up IBC resolution

The high-profile resolution cases of recent times have witnessed revised bids that have resulted in prolonged litigation which has eventually led to further delay in the insolvency process. Oct 9, 2019
Infosys

Enhancing its BPO services, Infosys takeovers Eishtec in Ireland

The analysts have said that acquisition would be part of Infosys's strategy to expand its BPO services in the Irish market. Oct 9, 2019
atf prices in india, jet fuel prices in india, air india stake sale, air india market share, air india losses, spicejet, indigo

Will there be any taker for Air India as 100% stake sale proposal sweetens deal?

Finance Minister Nirmala Sitharaman hopes to raise Rs 1.05 lakh crore from once-shelved Air India stake sale while struggling to make up the Rs 1.45-lakh-crore largesse lost to a corporate tax cut amid worsening revenue account deficit. Oct 9, 2019
sensex nifty

Markets today: Sensex opens on positive note; Nifty trades at 11,129.85 points

The Nifty was trading at 11,129.85 points on Wednesday morning. Oct 9, 2019
Gold sales

Gold sales likely to decline 50% on Dhanteras due to weakening demand

Gold imports have nosedived due to higher prices and an increase in import duty. Oct 9, 2019
Oyo Rooms

Oyo raises $1.5 billion in fresh round of funding, to target US market

The funds will be used to expand Oyo's business in the United States, its fastest-growing market and strengthen its vacation rentals business in Europe. Oct 8, 2019
China US currency manipulator

US blacklists 28 Chinese entities amid tense atmosphere; quick trade deal unlikely

The move by the US Commerce Department could deepen divisions between Washington and Beijing at a critical juncture in their 15-month trade war. Oct 8, 2019
US-TECHNOLOGY-HP

Major corporate lay-off: After Cognizant, HP India to fire 500 people in India

HP will fire 7,000-9,000 employees globally by 2022 as part of a restructuring of operations intended to cut costs Oct 7, 2019
yes bank

YES Bank seeks police probe over fake news; woos Microsoft for investment

Private lender YES Bank seeks multidisciplinary team to investigate the spread of alleged false news that has hit the bank's market cap; bank seeks strategic investment from Microsoft or one of the two other tech firms it is in talks with Oct 7, 2019
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