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Wed, 08/23/2017 - 00:52

India’s regulator is putting a spotlight on dealings between banks and troubled borrowers by requiring listed companies to report within one working day missed interest or installment payments on loans.

Wed, 08/23/2017 - 00:49

Micro-finance institutions (MFIs) have lost their lead in micro-credit to banks for the first time in last quarter. While some of the large MFIs have become small finance banks, the industry growth has stunted post-demonetisation.

Wed, 08/23/2017 - 00:48

Reliance Industries, owned by Mukesh Ambani, is considering entering the power-storage business with its partner BP Plc to expand into the country’s growing renewable energy sector, according to two people with knowledge of the plan.

Tue, 08/22/2017 - 01:41

Tata Motors will invest more than Rs 4,000 crore ($625 million) to boost sales of its passenger and commercial vehicles, its chief executive said on Monday, as the automaker looks to return to profit in its domestic business.

Tue, 08/22/2017 - 01:40

 

With the first quarter results season getting over and no major events lined up for this week, foreign portfolio investors’ profit booking last week and their bearish bets in the futures & options market have come into the focus this week.

Tue, 08/22/2017 - 01:36

Debt-laden Essar Group on Monday concluded the sale of Essar Oil, including the captive port, power and retail assets, to Russian government-controlled oil giant Rosneft and a consortium of investors including Trafigura and UCP, for $12.9 billion, making it the largest foreign direct investment i

Tue, 08/22/2017 - 00:39

With uncertainty looming over India’s second largest IT firm Infosys, analysts are advising investors to use the buyback offer to exit from the company.

Tue, 08/22/2017 - 00:21

After the surprise exit of Vishal Sikka, Infosys has started the process to find the right candidate for the top post of CEO.

Thu, 08/17/2017 - 15:01

The benchmark NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade today on widespread gains following sustained buying by domestic institutional investors.

Thu, 08/17/2017 - 00:45

Close on the heels of market regulator Securities and Exchange Board of India (Sebi) cracking the whip on 331 suspected shell companies, the Income Tax Department is preparing another list of penny stocks that could be barred from being traded on bourses.

Thu, 08/17/2017 - 00:42

Market regulator Sebi along with stock exchanges are in the process of initiating audit on about 100 out of 331 suspected shell companies.

Thu, 08/17/2017 - 00:40

Bogus addresses and fictitious companies, which assist in the process of layering to hide the real identity of the investor and the beneficiaries, are behind the multi-disciplinary crackdown on shell companies.

Wed, 08/16/2017 - 23:50

More than 15 years after its thermometer factory at Kodaikanal in Tamil Nadu was closed down on complaints of mercury contamination, Hindustan Unilever has commenced soil remediation on a trial basis at the site.

Wed, 08/16/2017 - 19:30

The rupee staged an impressive comeback after plunging to a fresh three-week low and ended with a modest loss of 3 paise at 64.15 a dollar today even as local equities put up a strong performance.

Wed, 08/16/2017 - 00:52

Preparing itself for an initial public offering, e-commerce marketplace ShopClues is aiming at becoming Ebitda positive by next financial year.

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