Business news

RBI rejects Modi govt's demand for further easing of banking norms

The central bank's report says defaults rates are high and provisions inadequate to cover losses from bad loans.

Dec 29, 2018

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Kotak Mahindra Bank shareholders on edge as promoter equity deadline looms

With the promoters refusing to yield the bank is running the risk of coming under RBI action similar to what Bandhan Bank underwent in September

Dec 29, 2018

New guidelines for online food biz to impact BigBasket, Swiggy and Zomato

For better recognition of food by the customers, the companies will have to provide an indicative image of the food on their platform.

Dec 29, 2018

IndiGo's poor customer care record forces parliamentary panel to flag airline

Committee raps low-budget carrier's policies towards excess baggage, approach to customer complaints and festival season fares.

Dec 28, 2018

Death of diesel? Maruti to shut down one of the plants making engines - Report

Maruti is looking at deepening the partnership with larger global rival Toyota, which would help it crack the electric and hybrid market in the years to come.

Dec 28, 2018

Public sector banks' Rs 28,000 crore recapitalisation to ease liquidity

Lenders hit by massive farm loan waiver unlikely to benefit from capital infusion amid fear of rural lending cycle disruption.

Dec 28, 2018

HDFC Group vs Tata Group: Ultimate race to become India's largest conglomerate

After giving lead to HDFC Group on Wednesday, Tatas regained dominance on Thursday with the highest market cap.

Dec 27, 2018

GST anti-profiteering case: Hindustan Unilever to take legal route against NAA order

Hindustan Unilever argued that it has always accepted Goods and Services Tax (GST) as a progressive tax which will benefit consumers and the industry both.

Dec 27, 2018

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iPhone made in Chennai: Foxconn to make high-end Apple devices in India - Report

In all probability Apple would look at exporting units made locally as cost-sensitive India is not yet a major market for it.

Dec 27, 2018

Patanjali sales slump for first time since 2013 due to stiff competition and distribution issues

The reasons attributed to the dip in sales and profits include stiff competition with many rivals companies, mostly multinationals, an introduction of natural and herbal products as well as its own distribution issues post-GST rollout.

Dec 27, 2018

Trump to invoke national emergency to ban China's Huawei and ZTE in US

In August, President Trump signed an order banning US government and government contractors from using Huawei and ZTE equipment.

Dec 27, 2018

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Centre's e-commerce policy tweak an election year tactic to please core constituency?

Narendra Modi government may have bowed to pressure from BJP's core constituency of offline small traders and businessmen battling online platforms

Dec 27, 2018

Jalan panel faces tough task of deciding adequate RBI reserves

Growing global uncertainties in a multi-polar world will make it difficult to arrive at the right amount of risk provisioning.

Dec 27, 2018

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Hindustan Unilever fined Rs 383.35 crore for GST profiteering

It is to be noted that this is the highest fine imposed by the NAA for profiteering complaint against any company which is more than double the amount it has already deposited in the Central Consumer Welfare Fund.

Dec 26, 2018

Gopalpur port, which was hit by two cyclones in 2013-14, has commenced normal operations in December last year.

Indian Oil drops plan to buy Mundra LNG terminal stake

State-owned oil major had finished due diligence after receiving board approval last year for taking 50 per cent stake in GSPC LNG's Rs 5,000-crore project.

Dec 26, 2018

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Business news

RBI rejects Modi govt's demand for further easing of banking norms

Kotak Mahindra Bank shareholders on edge as promoter equity deadline looms

New guidelines for online food biz to impact BigBasket, Swiggy and Zomato

IndiGo's poor customer care record forces parliamentary panel to flag airline

Death of diesel? Maruti to shut down one of the plants making engines - Report

Public sector banks' Rs 28,000 crore recapitalisation to ease liquidity

HDFC Group vs Tata Group: Ultimate race to become India's largest conglomerate

GST anti-profiteering case: Hindustan Unilever to take legal route against NAA order

iPhone made in Chennai: Foxconn to make high-end Apple devices in India - Report

Patanjali sales slump for first time since 2013 due to stiff competition and distribution issues

Trump to invoke national emergency to ban China's Huawei and ZTE in US

Centre's e-commerce policy tweak an election year tactic to please core constituency?

Jalan panel faces tough task of deciding adequate RBI reserves

Hindustan Unilever fined Rs 383.35 crore for GST profiteering

Indian Oil drops plan to buy Mundra LNG terminal stake

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]