September 02, 2019 08:50 PM IST The third deadline for submission of Expression of Interest (EoI) ended on August 31. With no new bidders emerging during this period, there are only three entities that had put in their initial bids earlier.
September 02, 2019 08:40 PM IST The Indian steel giant announced that it had clinched the sale of a Canadian and Swedish plant as part of its worldwide Cogent Electrical Steels division but, despite exploring all options, the company has been unable to find a way forward for the Orb Electrical Steels plant.
September 02, 2019 07:45 PM IST It comes against the backdrop of the government's announcement on August 30 about merging 10 public sector banks into four entities, as part of which PNB will merge Oriental Bank of Commerce (OBC) and United Bank of India (UBI) with itself.
September 02, 2019 06:45 PM IST Sahara group said this only validates its long-maintained stand that more than 95 per cent investors were already repaid directly by it and the money deposited by it with Sebi for refunds amounted to 'double payment'. The group said the 'idle' money lying with Sebi should be returned to it so that it can use the same for business expansion and for creating jobs.
September 02, 2019 05:40 PM IST In July, NMDC had sent a notice to terminate the contract awarded to BHEL for setting up the system.
September 02, 2019 05:29 PM IST The company produced a total of 1,11,370 units in August as against 1,68,725 units in the year-ago month.
September 02, 2019 05:28 PM IST The company had sold 70,067 units in the corresponding month a year ago.
September 02, 2019 05:10 PM IST The amount was borrowed for a period of 4 years with a lock in period of one year by pledging JK Tyre shares owned by the promoters. The loan amount was to be repaid by March 2023.
September 02, 2019 04:30 PM IST Indian firms had raised $2.18 billion in borrowings from overseas markets in July 2018.
September 02, 2019 03:59 PM IST In January this year, KIOCL had announced to enter into an agreement with SAIL to set up a pellet plant.
September 02, 2019 03:43 PM IST Officials said OVL has applied for a sixth extension to explore Block-128, the licence for which was valid till June 15, 2019.
September 01, 2019 05:57 PM IST Sales in the domestic market stood at 10,701 units as compared to 14,100 units in August 2018, down 24 percent.
September 01, 2019 05:10 PM IST The company also exported 227 units last month.
September 01, 2019 03:45 PM IST The partnership comes after the Reserve Bank of India announced progressive Co-Origination Policy in September 2018, allowing banks and NBFCs to co-lend to a wider set of enterprise owners.
September 01, 2019 03:42 PM IST HMIL currently has 502 dealerships and about 475 rural sales outlets across the country.
September 01, 2019 03:05 PM IST The company also expects the contribution of its private labels to increase to around 75 percent of total sales, from 70 percent currently.
September 01, 2019 02:01 PM IST RuPay is the first-of-its-kind domestic debit and credit card payment network of India developed by National Payments Corporation of India, an umbrella organisation for operating retail payments and settlement systems.
September 01, 2019 01:43 PM IST The automaker had reported retail sales of 1,508 units in July 2019.
September 01, 2019 01:39 PM IST Under the agreement, after investment of the first tranche in Meru, M&M will have the right to appoint majority of the directors on the board of Meru and will control its composition, it added.
September 01, 2019 01:20 PM IST US-based Purdue Pharma and its owners, the Sackler family, have offered to settle over 2,000 lawsuits against the company for $10 billion to $12 billion, reports suggest
September 01, 2019 12:35 PM IST According to sources privy to the development, Apple has conveyed to the government its plans to set up physical as well as an online store, in line with its 'global experience' centres for Apple-branded products.
September 01, 2019 12:10 PM IST Having commenced a nation-wide fleet testing in September last year, the company is also facing a challenge over customer acceptance of EVs and adopt a business model.
September 01, 2019 10:52 AM IST This cooperation agreement may include Indian state-owned firms picking up 49 percent stake in Vankor cluster oilfields.
September 01, 2019 10:25 AM IST HDFC's m-cap zoomed Rs 21,657.69 crore to Rs 3,73,860.41 crore, while that of HDFC Bank jumped Rs 17,950.48 crore to Rs 6,09,441.46 crore.
August 31, 2019 06:19 PM IST Venkatesh was the second head to roll out from the scam-ridden company.