Business news

Govt looking to set up separate bank to deal with PSU banks' NPAs

However, some bankers believe that having such bank may make the actual lenders negligent on the issue.

Feb 17, 2016

GrabOn to double its gross merchandise value to Rs 1,200 crore in FY2016

The online coupons start-up plans to achieve this by foraying into the offline space and expanding tie-ups.

Feb 17, 2016

HCL Tech mulling US listing this year: Report

A Bloomberg report said that HCL may look to raise nearly $1 billion from the offer.

Feb 17, 2016

Rupee tumbles to two-and-a-half-year low

The rupee touched a low of 68.62 versus dollar in the early trading session on Wednesday.

Feb 17, 2016

PSU banks at risk of rating downgrades: S&P

State-owned lenders may struggle to raise capital due to higher provisioning for bad loans, global rating agency Standard & Poor's said.

Feb 17, 2016

Japan December machinery orders rise in positive sign for capex

Companies expect orders to rise 8.6 percent in January-March.

Feb 17, 2016

US crude rebounds on investor optimism over oil producers deal

Top oil producers Russia and Saudi Arabia on Tuesday agreed to limit oil production at January levels.

Feb 17, 2016

Govt may raise FDI limit in state-owned banks to 49%: Report

The announcement to increase the FDI limit in public sector banks could be made in Budget, PTI reported.

Feb 16, 2016

HCL Tech acquires Volvo's external IT business

HCL is expected to increase its revenues by $1.8 billion over the next five years from the transaction, ET reported.

Feb 16, 2016

Budget 2016: Removal of DDT tops wish-list of real estate firms

The dividend distribution tax at 15 percent makes real estate investment trusts unviable, say industry players.

Feb 16, 2016

Punj Lloyd wins pipeline orders worth Rs 2,070 crore from Oman

The scope of work for the company includes construction of a 300-km natural gas liquid pipeline and a 301-km gas pipeline.

Feb 16, 2016

People line up outside an ATM at a State Bank of India branch in Mumbai

SBI warns of further rise in bad loans in March quarter

SBI reported a 62% drop in its net profit for the December quarter due to higher provisioning for bad loans.

Feb 16, 2016

Air India planning to fly Dreamliner on high-traffic domestic routes

Passenger traffic on domestic routes in India rose 20.2 percent last year, showed IATA data.

Feb 16, 2016

UB Holdings plunges over 10% after PNB declares it 'wilful defaulter'

The company reportedly owes about Rs 6,300 crore to Indian lenders, including Rs 800 crore to Punjab National Bank.

Feb 16, 2016

Gold falls below $1,200 an ounce on rebound in stocks, crude prices

A rally in global equities and crude oil prices has reduced the demand for the yellow metal among safe-haven seeking investors.

Feb 16, 2016

Prev 575 576 577 578 579 580 581 582 583 584 Next

Business news

Govt looking to set up separate bank to deal with PSU banks' NPAs

GrabOn to double its gross merchandise value to Rs 1,200 crore in FY2016

HCL Tech mulling US listing this year: Report

Rupee tumbles to two-and-a-half-year low

PSU banks at risk of rating downgrades: S&P

Japan December machinery orders rise in positive sign for capex

US crude rebounds on investor optimism over oil producers deal

Govt may raise FDI limit in state-owned banks to 49%: Report

HCL Tech acquires Volvo's external IT business

Budget 2016: Removal of DDT tops wish-list of real estate firms

Punj Lloyd wins pipeline orders worth Rs 2,070 crore from Oman

SBI warns of further rise in bad loans in March quarter

Air India planning to fly Dreamliner on high-traffic domestic routes

UB Holdings plunges over 10% after PNB declares it 'wilful defaulter'

Gold falls below $1,200 an ounce on rebound in stocks, crude prices

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]