Business news

RBI to raise cap for easy loans under Mudra to Rs 20 lakh; will it increase bad debt?

The Pradhan Mantri Mudra Yojana (PPMY) was launched by Prime Minister Narendra Modi with an aim to provide easy loans to non-corporate, non-farm small and micro-enterprises.

Jun 19, 2019

How trade wars are changing the shape of globalisation

The on-going trade-tussle between the US and China has much deeper implications not only for the global trade environment but also for the flow of capital.

Jun 18, 2019

BYJU's lands Rs 1,393 crore funding from Qatar Investment Authority

India is seeing more and more foreign government investments in the start-up sector. Apart from CPPIB and QIA, other government arms like GIC and OPIC have also made major investments.

Jun 18, 2019

Anil Ambani's RCom owes whopping Rs 15,000 crore to three Chinese banks

According to RCom's regulatory filings, the group has paid back Rs 35,000 crore of debt in the last 14 months.

Jun 18, 2019

58,000 jobs coming: Manufacture, infra to drive job growth in key cities, says report

As per the report; manufacturing, engineering and infrastructure industries will see job growth of about 8 percent in 2019-20.

Jun 18, 2019

Will Etihad buy Jet cheap under insolvency process leaving lenders high and dry?

Now that SBI-led lenders' consortium has decided to start bankruptcy proceedings against Jet Airways, UAE national carrier Etihad with 12% stake has a chance to drive a hard bargain.

Jun 18, 2019

Amazon to invest in NinjaCart; here's why Jeff Bezos is interested in the fresh produce sector

Grocery contributed to about 61% of the overall retail market in 2018. It contributed about Rs 38 lakh crore as its share to the retail market last year. Amazon is interested to gain from the biggest Asian market scheme of selling fresh produce.

Jun 17, 2019

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Why is Infosys reviving Panaya, the Israeli subsidiary it wanted to sell at slashed rate?

The corporate governance fight created a negative impact on the brand value of Panaya, making it difficult for Infosys to find a buyer for it even after the value was slashed.

Jun 17, 2019

Tax evaders jittery as net tightens; threat of jail for black money gets real

New guidelines limit the scope of compounding that lets offenders off the hook with a fine; stiffer procedures including touch prosecution norms recommended

Jun 17, 2019

India tweaks export priorities as US-China trade wars shape new global order

Commerce ministry study shows potential to boost exports of 350 products to the US and China markets; China could offer a new market for 151 products helping to reduce the trade gap between the two countries.

Jun 17, 2019

UCO Bank names Yash Birla as wilful defaulter; here's why RBI won't approve additional funds

UCO Bank also revealed the names of seven wilful defaulters who have total unpaid dues of Rs 740 crore. The names include Mehul Choksi, Manoj Jayaswal and Abhishek Jayaswal.

Jun 17, 2019

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Market mind's on the monsoon with one eye on budget as uncertainty reigns

Benchmark indices expected to consolidate during the wait for fresh cues; Union Budget and GST Council meetings to be watched domestically; Fed meeting, US response to India's tariff tweak, US-China trade wars and the Middle East among key global cues.

Jun 16, 2019

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Business news

RBI to raise cap for easy loans under Mudra to Rs 20 lakh; will it increase bad debt?

How trade wars are changing the shape of globalisation

BYJU's lands Rs 1,393 crore funding from Qatar Investment Authority

Anil Ambani's RCom owes whopping Rs 15,000 crore to three Chinese banks

58,000 jobs coming: Manufacture, infra to drive job growth in key cities, says report

Will Etihad buy Jet cheap under insolvency process leaving lenders high and dry?

Amazon to invest in NinjaCart; here's why Jeff Bezos is interested in the fresh produce sector

Why is Infosys reviving Panaya, the Israeli subsidiary it wanted to sell at slashed rate?

Tax evaders jittery as net tightens; threat of jail for black money gets real

India tweaks export priorities as US-China trade wars shape new global order

UCO Bank names Yash Birla as wilful defaulter; here's why RBI won't approve additional funds

Market mind's on the monsoon with one eye on budget as uncertainty reigns

Trade spat: India imposes retaliatory tariff on 29 US items

Cloud over India-Pakistan World Cup tie: Star India may lose Rs 100 crore

Here's why Hexaware wants to buy Mobiquity for Rs 1,266 crore