Business news

After Urjit Patel, Banks Board Bureau chief blames govt over governance

Though governance standards have improved in the country since bank nationalization this hasn't reflected adequately in the PSB ecosystem.

Mar 20, 2018

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Lemon Tree Hotels IPO: Things investors should watch out for

Lemon Tree Hotels looks to raise Rs 1,000 crore through Initial Public Offering (IPO) by selling up to 185 million shares that represent 23.59 percent of its equity share capital.

Mar 20, 2018

India among world's top 5 consumers of Glenfiddich as whiskey lovers increase

Peter Gordon, the director of William Grant & Sons, said that the demand for whiskey in India makes it a compelling opportunity for global players.

Mar 20, 2018

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Canara Bank shares tumble as ex-chairman booked in loan fraud case

'Funds were siphoned off through a chain of alleged bogus transactions facilitated by fake sister concerns, family members and bank officials'

Mar 20, 2018

Zuckerberg's net worth slumps $5.1 bn in Facebook-led tech selloff

Facebook shares plunged as much as 8 percent, erasing nearly $40 billion of market value on Monday amidst reports of alleged data breaches.

Mar 20, 2018

Narendra Modi could rule till 2024, maybe longer, without strong rival: Poll

Indians' approval of Modi and their satisfaction with both the country's direction and the state of its economy have grown in recent years.

Mar 20, 2018

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Buy, Sell, Hold: What stocks are analysts tracking on March 20

Analysts recommend buying stocks such as Shilpa Medicare, Federal Bank, HCL Tech, among others.

Mar 20, 2018

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Stocks to watch on March 20: UltraTech Cement, Canara Bank, Future Retail

Canara Bank shares are likely to be under pressure after the CBI filed charges against former chairman and others in an alleged loan fraud case.

Mar 20, 2018

Economy & markets: Asian stocks fall after Wall Street losses; Fed in focus

SGX Nifty signals a weak start for the domestic markets after the benchmark Sensex plunged 252 points or 0.76 percent to close at 32,923 on Monday.

Mar 20, 2018

Indian Oil Corporation Petrol Diesel price decreased

IOCL launches home delivery of fuel: Now get diesel at your doorstep

Indian Oil Corporation Limited is the first company in the country to launch Petroleum and Explosives Safety Organisation (PESO)-approved doorstep delivery of diesel.

Mar 19, 2018

If loosely governed PSBs drain public money, they should be privatised

Most bank frauds happen at PSBs. Vast majority of NPAs are from the PSBs. The least profitability is reported from PSBs. And they are the least governed as well.

Mar 19, 2018

Illegal cryptocurrency malware hits Tesla's Amazon Cloud resources

After Google and Facebook, Twitter may be next to ban cryptocurrency ads

Twitter likely to ban Cryptocurrency, Initial coin offerings (ICO), and token sales advertisements on its platform.

Mar 19, 2018

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Nuclear deal: Kicking Iran in shins is good domestic economics for Trump

The coming of age of shale oil will insulate America against price scares for the foreseeable future

Mar 19, 2018

Sandhar Technologies IPO opens: 10 points to consider before investing in it

ICICI Securities and Axis Capital will manage the Sandhar Technologies IPO. The equity shares are proposed to be listed on BSE and NSE.

Mar 19, 2018

7th Pay Commission: Government may offer salary hikes beyond recommendations

7th Pay Commission latest update: The fitment factor is expected to be hiked to 3.00 from the current 2.57 beyond the recommendations of the 7th Pay Commission.

Mar 19, 2018