Business news

Passport mandatory for loans of more than Rs 50 crore from PSBs

Following the PNB scam, the Finance Ministry has made passport details mandatory for loans above Rs 50 crore from Public Sector Banks so that defaulters cannot escape abroad.

Mar 10, 2018

RBI slaps Rs 5 crore penalty on Airtel Payments Bank

The decision has been taken as Airtel Payments Bank violated the 'Operating Guidelines' and directions issued by RBI on Know Your Customer norms.

Mar 10, 2018

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Looking for best returns? These stocks have surged up to 900% in one year

There are about 10 stocks which have more than doubled investors' wealth in the last one year.

Mar 10, 2018

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Stock market outlook, week of March 12: Inflation, Bharat Dynamics IPO, US data

The Indian markets will focus on inflation and industrial production figures back home and a slew of U.S. macro-economic data in the coming week.

Mar 10, 2018

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Trescon CEO talks about disruption in events industry, tips for entrepreneurs [Video]

Mohammed Saleem, Trescon CEO, discusses the traditions of the events industry and how his startup is changing it with new ideas and innovations.

Mar 9, 2018

Top 5 savings bank accounts for women

To create an impact in the financial and banking sector in India and encourage women to manage their money better, several banks are now offering special accounts for women.

Mar 9, 2018

Fire at Chennai Airport's ATC Room Affects Operations; Flights Re-Routed

UDAN Version 2: Details about Regional Connectivity Scheme's overseas flights

Announcement of UDAN version 2 comes at a time when major Indian carriers are expanding fleets to connect smaller cities.

Mar 9, 2018

PNB requests relief from RBI: Occasional expose is feted, but justice never served

The daring bank heist executed in an unbelievably simplistic manner will now become the subject of complex arguments at various courts.

Mar 9, 2018

As US tightens H-1B visa norms, Japan to recruit 2 lakh Indian IT professionals

Good news for the Indian techies who are facing troubles due to changes in the H-1B visa norms in the US. Japan is planning to issue green cards for skilled professionals.

Mar 9, 2018

'Bond with the Best' brand Reid & Taylor, S Kumars head for bankruptcy

Apparel and suiting brand Reid & Taylor and its parent company S.Kumars have defaulted on more than Rs 5,000 crore of loans.

Mar 9, 2018

WhatsApp set to disrupt digital payments market in India, says GlobalData

Established players such as Paytm are also feeling the push and fear that their position will be challenged with the entry of WhatsApp payments, according to the report.

Mar 9, 2018

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Buy, Sell, Hold: What stocks are analysts tracking on March 9

Analysts recommend buying stocks such as Mahindra & Mahindra, Mahindra Holidays, Hexaware Technologies, among others.

Mar 9, 2018

Stocks to watch on March 9: InterGlobe Aviation, SpiceJet, Punjab National Bank

Stocks such as InterGlobe Aviation, SpiceJet, Punjab National Bank are likely to move in trades on Friday.

Mar 9, 2018

Economy and markets: All you need to know to start your day on March 9

SGX Nifty signals a positive start for the domestic markets after the benchmark Sensex gained 318 points or 0.96 percent to close at 33,351 on Thursday.

Mar 9, 2018

HDFC Bank raises lending rates: Loans and EMI to get costlier

The Increase in marginal cost of funds based lending rates by the bank implies that the EMI (Equated Monthly Installments) and interest rates of loans will also go up.

Mar 8, 2018

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