India

Banks likely to sell bad loans to ARCs in bidders' absence

Banks and ARCs, both share a similar opinion that finding potential bidders for the accounts in the second list released by the central bank might be very difficult due to the glut of the stressed assets.

Jan 9, 2018

Kapil Mohan, who kept Indians high, passes away; Old Monk's Jallianwala Bagh connect

Kapil Mohan suffered a fatal cardiac arrest at Mohan Nagar, near Ghaziabad. He is survived by his wife Pushpa.

Jan 9, 2018

Caught on camera: Warden thrashes two school boys with pipe, make them stand upside down [VIDEO]

The incident has infuriated parents and child rights activists who demanded strict action against the warden.

Jan 8, 2018

Will Modi govt bring back LTCG tax on equity returns in Budget 2018?

Market participants believe that if the government bring in long-term capital gains tax on equity investments, it would negatively impact the investors.

Jan 8, 2018

IndiGo launches New Year Sale, offers flight tickets starting Rs 899

IndiGo Airlines has announced a new offer on air ticket with fares starting as low as Rs 899 .The bookings under the latest New Year 2018 offer is applicable on travel between February 1, 2018 and April 15, 2018.

Jan 8, 2018

CAT 2017 results announced: Like 2016, 20 candidates score 100 percentile!

Unlike last year, when all the 20 candidates were male students, there are two female candidates who have scored 100 percentile, this year.

Jan 8, 2018

This Indian insurance company has no rival in claim settlements, has zero complaints pending!

Life Insurance Corporation of India (LIC) has emerged as number one in the country again in the fiscal year 2016-17 so far as settlement of life insurance claim is concerned.

Jan 8, 2018

'Make in India' setback: Centre withdraws Rs 32,000 crore minesweeper project

The move comes as a major blow to the Indian Navy's efforts to boost its mine-warfare capability and is also seen as a big setback for the "Make in India" initiative.

Jan 8, 2018

AirAsia India to start daily flights to Bangkok and Kuala Lumpur by 2018-end

AirAsia is preparing to start international operations by starting daily services to Bangkok and Kuala Lumpur from Bengaluru and Kolkata.

Jan 8, 2018

SEBI slaps Rs 5 lakh fine on these 4 entities for violating SAST regulation

SEBI found that IFCI Factors, Unicon Merchants, Akash Gupta and Preeti Gupta had violated SAST Regulation for the transactions in the shares of Shiva Cement.

Jan 8, 2018

Sensex all-time high, Nifty breaches 10,600 despite tepid GDP forecast

Nifty 50 index crossed the 10,600 level for the first time, propelled by the gains in pharma and banking stocks, while Sensex is hovering around 34,355 levels.

Jan 8, 2018

Budget 2018: Centre seeks to woo middle class for 2019 polls with tax benefits

Discussions are around the benefits such as an increase in the tax exemption limit, a return of standard deduction in some form as well as additional benefits for health insurance and even fixed deposits.

Jan 8, 2018

Fourth day of Tamil Nadu transport unions' strike: Normal life hit; minister urges for normalcy

The Madras High Court has asked the workers to call off their strike and report for duty or face consequences that will include suspension and dismissal.

Jan 7, 2018

Why airfares won't go down, Civil Aviation Ministry explains

A report was tabled in Lok Sabha which suggests an upper limit for airfares and recommends not to levy more than 50 percent of the base fare for ticket cancellation.

Jan 7, 2018

Honour killing in Delhi: Father of three stabbed to death for eloping with relative

The two accused have reportedly confessed to the crime, saying that they felt insulted in the eyes of society by the actions of the couple.

Jan 6, 2018