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  • India plans to allow relinquished coal-fired plants to sell power Dec 06, 2020 03:31 PM IST

    India plans to allow relinquished coal-fired plants to sell power

    The proposal, if approved, would help old coal plants earn additional revenue, increase liquidity in short-term power markets and help distribution companies in states facing a power deficit access cheaper power, the ministry said in the draft proposal dated Friday.

  • Deepak Fertilizers ties up with Samunnati to offer agri services to FPOs in 5 states Sep 03, 2020 03:13 PM IST

    Deepak Fertilizers ties up with Samunnati to offer agri services to FPOs in 5 states

    The partnership is expected to empower over 70,000 farmers through 150 FPOs across five states — Maharashtra, Gujarat, Karnataka, Andhra Pradesh and Telangana — in the next three years, the company said in a statement.

  • Samir Mehta new Deputy CEO of Aye Finance Aug 13, 2020 05:53 PM IST

    Samir Mehta new Deputy CEO of Aye Finance

    The ex-Hero FinCorp top executive will lead the business scale up at Aye Finance

  • Explained | Here’s how RBI-permitted video KYC works for bank customers Aug 13, 2020 05:41 PM IST

    Explained | Here’s how RBI-permitted video KYC works for bank customers

    In this edition of the Explained series, find out how new customers can use video KYC for opening a bank account

  • SEBI Chairman Ajay Tyagi's term extended by 18 months Aug 05, 2020 06:48 PM IST

    SEBI Chairman Ajay Tyagi's term extended by 18 months

    The current SEBI Chairman's term was due to end on August 31, 2020.

  • Alembic Pharmaceuticals gets USFDA nod for erectile dysfunction drug Aug 05, 2020 11:20 AM IST

    Alembic Pharmaceuticals gets USFDA nod for erectile dysfunction drug

    The approved product is therapeutically equivalent to the reference listed drug product Levitra tablets of Bayer Healthcare Pharmaceuticals Inc.

  • Foreign entity sells shares worth Rs 384 crore in Apollo Hospitals Enterprises Aug 04, 2020 07:55 AM IST

    Foreign entity sells shares worth Rs 384 crore in Apollo Hospitals Enterprises

    At this price, the stake sold by Munchener Ruckversicherungs-Gesellschaft Aktiengesellschaft In Munchen is worth Rs 383.68 crore.

  • COVID-19 is not Financial Armageddon; can lead to unparalleled success Jul 09, 2020 05:33 PM IST

    COVID-19 is not Financial Armageddon; can lead to unparalleled success

    Veteran finance expert, Pankaj Vasani mulls over the COVID-19 crisis at this point of time, its impact on the Indian economy, the complexities of a revival and the changing definition of success for the corporation

  • Gold bond issue price fixed at Rs 4,852 per gram Jul 03, 2020 08:43 PM IST

    Gold bond issue price fixed at Rs 4,852 per gram

    The central bank in April had announced that the government will issue Sovereign Gold Bonds (SGBs) in six tranches beginning April 20 till September.

  • Auto sales numbers: Why Tata Motors moved away from age-old industry practice Jun 17, 2020 10:04 AM IST

    Auto sales numbers: Why Tata Motors moved away from age-old industry practice

    The change in strategy has raised doubts over corporate governance issue. But company doesn't think so

  • Exclusive | L&T Mutual Fund: GA-backed IIFL Wealth, HDFC AMC, Blackstone and DSP Group in the fray Apr 29, 2020 11:49 PM IST

    Exclusive | L&T Mutual Fund: GA-backed IIFL Wealth, HDFC AMC, Blackstone and DSP Group in the fray

    The engineering to software conglomerate, which houses L&T Mutual Fund under listed arm L&T Finance, had put the mutual fund business on the block earlier in a renewed attempt to find a suitable buyer

  • New FDI law covering Chinese investments sends dealmakers into a tizzy Apr 23, 2020 09:36 PM IST

    New FDI law covering Chinese investments sends dealmakers into a tizzy

    Apart from investments in specific sectors, government nod was required only for investments originating from Pakistan and Bangladesh

  • RBI allows banks to issue electronic cards for overdraft accounts Apr 23, 2020 08:50 PM IST

    RBI allows banks to issue electronic cards for overdraft accounts

    The electronic card for overdraft accounts in the nature of personal loans should be allowed to be used for domestic transactions only, the RBI added.

  • Will go through SC order on cryptocurrency: FM Sitharaman Mar 04, 2020 09:37 PM IST

    Will go through SC order on cryptocurrency: FM Sitharaman

    Sitharaman was responding to questions regarding government's stand on cryptocurrencies in the backdrop of the Supreme Court's judgement.

  • Vivaad Se Vishwas scheme to help save time, money in fighting disputes: FM Sitharaman Mar 02, 2020 05:25 PM IST

    Vivaad Se Vishwas scheme to help save time, money in fighting disputes: FM Sitharaman

    She said the government has taken measures to reduce litigation and a similar scheme was announced for indirect tax disputes.

  • Gold gains Rs 116 to Rs 38,431 per 10 grams, silver down Rs 55 to Rs 45,535 per kg Oct 23, 2019 06:15 PM IST

    Gold gains Rs 116 to Rs 38,431 per 10 grams, silver down Rs 55 to Rs 45,535 per kg

    In the futures market, gold rate touched an intraday high of Rs 38,099 and an intraday low of Rs 37,944 on MCX.

  • Tata Steel to cut capex to Rs 8,000 cr in FY20 amid slowdown Aug 10, 2019 08:35 PM IST

    Tata Steel to cut capex to Rs 8,000 cr in FY20 amid slowdown

    Of the Rs 12,000 crore, the steel major had initially planned to spend around Rs 8,000 crore on India operations.

  • The Moneycontrol Show │ Debt funds, monsoon outlook, market strategies Aug 03, 2019 09:29 AM IST

    The Moneycontrol Show │ Debt funds, monsoon outlook, market strategies

    Benchmark indices Nifty and the Sensex broke below crucial levels in the absence of positive triggers either from the domestic earnings or from FII flows.

  • SEBI levies Rs 10 lakh fine on Prime Capital, Warner Multimedia Jan 01, 2018 06:28 PM IST

    SEBI levies Rs 10 lakh fine on Prime Capital, Warner Multimedia

    Markets regulator SEBI on Monday imposed a total penalty of Rs 10 lakh on Prime Capital Market and Warner Multimedia for disclosure lapses in the matter of Blue Circle Services.

  • Moody's ups rating outlook for 3 banks to be stable Nov 06, 2017 08:57 PM IST

    Moody's ups rating outlook for 3 banks to be stable

    The upgrade in outlook follows the government's announcement last month to infuse an unprecedented Rs 2.1 lakh crore into public sector banks over two years.

  • State Bank of India cuts lending and retail term deposit rates Oct 31, 2017 08:48 PM IST

    State Bank of India cuts lending and retail term deposit rates

    SBI, which accounts for more than a fifth of India's banking assets, will lower the 1-year MCLR to 7.95 percent from 8 percent, according to a notification on Tuesday.

  • Gail India launches three cargo LNG tender: Traders Sep 29, 2017 03:06 PM IST

    Gail India launches three cargo LNG tender: Traders

    The first delivery is due November 10-30, with the remainder split between the first and the second half of December, traders said.

  • MG Motor India completes takeover of Halol plant from GM Sep 27, 2017 11:15 AM IST

    MG Motor India completes takeover of Halol plant from GM

    MG Motor India, a wholly-owned subsidiary of China's largest automaker SAIC Motor Corp that owns the brand, aims to launch its first product in 2019 and follow it up with another a year later. While the SUV segment remains an important segment, the company is yet to finalise products for the Indian market.

  • NC delegation calls on Rajnath, raises issue of Article 35A Sep 10, 2017 07:34 PM IST

    NC delegation calls on Rajnath, raises issue of Article 35A

    A delegation of the opposition National Conference, led by former chief minister Omar Abdullah, on Sunday conveyed to Union Home Minister Rajnath Singh the party's concern over the Centre's ambiguity in defending Jammu & Kashmir's special status under Article 35A of the Constitution.

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