Business news

12 state-owned banks eyeing funds from markets

The remaining would raise funds through follow-on-public offer (FPO) or qualified institutional placement (QIP) from the market during course of the next fiscal.

Aug 6, 2017

Hard cash: Tata Steel MD takes home Rs 8.17 crore in fiscal 2017

Average percentage increase of salaries at Tata Steel, excluding top managerial cadre, was 6.60 per cent in 2016-17.

Aug 6, 2017

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GST Council: E-way bill provisions finalised, relief for textile works, tractor parts

The council also approved setting up anti-profiteering committees in all states and the Centre in the next 15 days to ensure that industries pass on the benefits of input tax credit to customers.

Aug 6, 2017

Cognizant's VRS scheme finds 400 takers, including Indian execs

The company did not disclose the number of Indian executives who accepted its separation offer.

Aug 6, 2017

Canara Bank pumps in Rs 2,600 crore in overseas bond market

The Bengaluru-based bank has hit the forex debt market after a long gap. Foreign rating agency Moody's has assigned a 'Baa3' rating to the issue.

Aug 6, 2017

Syndicate Bank posts June quarter net loss of Rs 263 crore

Total income during the first quarter of 2017-18 also fell to Rs 6,171.49 crore

Aug 5, 2017

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Indian Oil to pump $2.4 bn to expand Gujarat refinery

Indian Oil Corp will pool in $2.4 bn to expand the Gujarat refinery that will produce 360,000 barrels per day (bdp) oil by 2021.

Aug 5, 2017

Smart moves: Flipkart to sell refurbished smartphones soon

The company has initiated discussions with distributors for its offline tie-ups

Aug 5, 2017

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Weak domestic demand, global cues pull gold prices down

On Saturday, gold and silver prices drifted lower in Delhi bullion market.

Aug 5, 2017

Arun Jaitley promises guidance notes on GST

Touted to be one of India's most ambitious economic reforms in 70 years, GST is said to eventually boost tax receipts and provide simplicity for businesses.

Aug 5, 2017

Modi govt forms Bharat-22 ETF to sell stakes in 22 firms

The new exchange-traded fund will have a single company cap of 15 percent and a 20 percent cap on each sector.

Aug 5, 2017

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SBI, Tata Steel, SpiceJet, BPCL to declare Q1 results next week, guide stock markets

The major triggers for stock markets next week would be the June quarter results, followed probably by inflation and external trade data.

Aug 5, 2017

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Mahindra's focus on shared electric mobility to pose a risk to the oil industry?

Oil industry future will suffer from Mahindra's decision to produce more electric cars for shared mobilty

Aug 5, 2017

E-way rules likely to be notified on August 5, says GST Council

The Council is likely to review and finalise a mechanism to operationalise the anti-profiteering provision.

Aug 4, 2017

Snuffing it out: Tobacco has not run out of breath yet

The tobacco lobby regurgitates a few old arguments while hitting back at the govt's e-cigarette stubbing plan.

Aug 4, 2017

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Business news

12 state-owned banks eyeing funds from markets

Hard cash: Tata Steel MD takes home Rs 8.17 crore in fiscal 2017

GST Council: E-way bill provisions finalised, relief for textile works, tractor parts

Cognizant's VRS scheme finds 400 takers, including Indian execs

Canara Bank pumps in Rs 2,600 crore in overseas bond market

Syndicate Bank posts June quarter net loss of Rs 263 crore

Indian Oil to pump $2.4 bn to expand Gujarat refinery

Smart moves: Flipkart to sell refurbished smartphones soon

Weak domestic demand, global cues pull gold prices down

Arun Jaitley promises guidance notes on GST

Modi govt forms Bharat-22 ETF to sell stakes in 22 firms

SBI, Tata Steel, SpiceJet, BPCL to declare Q1 results next week, guide stock markets

Mahindra's focus on shared electric mobility to pose a risk to the oil industry?

E-way rules likely to be notified on August 5, says GST Council

Snuffing it out: Tobacco has not run out of breath yet

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]