Category: Business

Larger number of bad loans originated in 2006-2008: RBI ex-chief

New Delhi: A larger number of bad loans or NPAs originated in 2006-2008 when Indian economic growth was strong as…

Sensex plunges 500 points; Nifty loses 150 points

Mumbai: The key Indian equity indices continued their steep fall for the second consecutive session on Tuesday with the benchmark…

August domestic passenger vehicles’ sales down 2.46%: SIAM

New Delhi: Sales of domestic passenger vehicles declined by 2.46 per cent in August 2018, data showed on Tuesday. According…

Sensex, Nifty open in green, rupee opened higher by 15 paise

New Delhi: The market on Tuesday opened on a positive note with the Sensex rising over 100 points, while the…

Tata Motors Group’s August global wholesales up 14%

Mumbai: Automobile major Tata Motors Group's global wholesales in August 2018, including Jaguar Land Rover (JLR) rose by 14 per…

Global cues subdue equity indices

Mumbai: Broadly negative global cues subdued the key Indian equity indices during the morning traded session on Tuesday. According to…

Fuel price touches fresh high; Petrol near Rs. 90 in Mumbai

MUMBAI: The fuel prices continued its northward march and set fresh highs on Tuesday morning, with the price of Petrol…

Real Estate Act brought discipline, transparency: Minister

New Delhi: Union Minister of Housing and Urban Affairs Hardeep Singh Puri on Monday said the Real Estate (Regulation and…

Experts blame depreciating Rupee, fuel price hike for Sensex, Nifty plunge

Mumbai: Market analysts on Monday stated that the decline in the value of the Indian Rupee against the US Dollar…

Equity indices register highest single-day fall in 6 months

Mumbai: An expected rise in inflation dented investors' risk-taking appetite on Monday and pulled the Indian equity market deep into…

Australian Open enters into strategic technology partnership with Infosys

Sydney: Tech major Infosys on Monday announced a strategic three-year partnership with the Australian Open to enhance digital experience of…

Levi’s celebrates women changemakers with #IShapeMyWorld season 4

Mumbai: Levi's® celebrates the power of women and their determination to inspire change, with the fourth edition of its successful…

RBI approves Amitabh Chaudhry’s appointment as Axis Bank CEO

Mumbai: The Reserve Bank of India (RBI) on Monday approved the appointment of Amitabh Chaudhry as the new Managing Director…

InCred on-boards Kamlesh Dangi as Group Head for HR

New Delhi: Mumbai based new-age financial services group, InCred on Monday announced the appointment of industry veteran Kamlesh Dangi as…

Ford India to update powertrain control software on 7,249 EcoSport

Chennai: Car maker Ford India on Friday said it is voluntarily inspecting 7,249 EcoSport petrol vehicles made between November 2017…

Ashok Leyland inaugurates electric vehicle facility

Chennai: Commercial vehicles major Ashok Leyland Ltd on Friday said it has inaugurated its electric vehicle (EV) facility in its…

Alibaba’s Jack Ma to retire next year, Daniel Zhang to succeed

Bengaluru/Beijing: Alibaba's Executive Chairman Jack Ma will step down in September 2019 and hand over the reins to Chief Executive…

Equity indices open in red on global cues, weak rupee

Mumbai: The key Indian equity indices opened in the negative territory on Monday, tracking broadly negative cues in the global…

Haier signs MoU with UP Govt; to invest in state over next four years

New Delhi: Consumer Electronics brand Haier has announced signing of a Memorandum of Understanding (MoU) with the Government of Uttar…

Indonesia’s Rupiah Woes: How will India be affected

Singapore: In the past week, in all likelihood, the central banks of India and Indonesia pumped in billions of dollars…