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 08:25 PM IST "The Chinese side is strongly dissatisfied and resolutely opposed to that. In accordance with relevant WTO rules, China will firmly safeguard its legitimate rights and interests," Beijing's commerce ministry said in a statement published on its website.
September 02, 2019 08:20 PM IST "The government announced a Rs 6,268-crore sugar export subsidy scheme on August 28, 2019, which is expected to help the country achieve 6 million tonne of sugar exports.
September 02, 2019 08:00 PM IST The company also announced a suite of streaming devices including set-top-box for watching content available on the Airtel Xstream app, formerly Airtel TV, on television sets and desktops.
September 02, 2019 07:50 PM IST Air India on Monday wrote an e-mail to CAPA stating that according to its "comparative scheduled capacity analysis on international routes", the national carrier has 16.7 per cent share in September when measured in terms of available seat kilometres (ASKMs).
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 07:30 PM IST As per the request for proposal for book running lead managers (BRLMs) floated by the SBI Card, the company intends to tap capital markets via IPO through 'offer for sale' by dilution of up to 14 per cent of the issued and paid up capital (up to 13.05 crore) equity shares and primary issuance of up to Rs 1,000 crore.
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 06:23 PM IST Sakshi Batra does a 3 point analysis of the sales of various segments of auto industry and the reasons for drag in sales.
September 02, 2019 06:14 PM IST The market may remain volatile unless there are visible signs of economic revival, says Ajit Mishra, Vice President at Religare Broking.
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 05:30 PM IST The refund has been made from a special account created by SEBI, to which Sahara was asked to deposit the money even as the group has maintained that it had directly refunded more than 95 percent of investors.
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 05:19 PM IST Earlier this August the company had committed to invest €300 million in the vacation homes business in Europe, with a special focus on strengthening technology.
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 04:24 PM IST It’s a good time to invest in microfinance industry as the political risk has faded away .
September 02, 2019 03:59 PM IST A source told Moneycontrol that Titan Capital was launched earlier this year although there hasn't been much activity on the investment front.
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 03:49 PM IST Mr. Powell sounded concerned about the US trade war with China and the European slowdown but emphasized that the US economy is close to both its goals of achieving price stability and full employment.
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 02, 2019 03:40 PM IST Aadhaar holds all vital information of an individual such as name, date of birth, gender, photo and address, and also biometrics.
September 02, 2019 03:35 PM IST On September 1, major companies such as Maruti Suzuki India, Hyundai, Mahindra & Mahindra, Tata Motors and Honda reported a high double-digit de-growth in their sales in August.
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