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PTI
July 26, 2017
The National Company Law Tribunal on Wednesday allowed banks to initiate insolvency proceedings against Bhushan Steel and another firm, Bhushan Steel and Power.
Reuters
July 26, 2017
Silicon Valley baron Elon Musk insulted rival billionaire Mark Zuckerberg on Tuesday, escalating a tech wizard war of words over whether robots will become smart enough to kill their human creators.
PTI
July 24, 2017
A bill to authorise the RBI to direct banking companies to resolve the problem of stressed assets was on Monday introduced in the Lok Sabha by Finance Minister Arun Jaitley.
Reuters
Singapore, July 24, 2017
Southeast Asian ride-hailing service Grab expects to raise $2.5 billion in a record round of fundraising to cement its lead over Uber Technolgies Inc in the region and grow its payments platform.
By P.B. Jayakumar
NA, Edition:August 13, 2017

Ajay Piramal is betting on real estate and financial services to create a $20 billion business by 2020. The Shriram Capital-IDFC deal will fast-track his march.

By Niti Kiran
NA, Edition:August 13, 2017

Despite outpacing the growth in net profits over the past five years, dividend payouts are seemingly becoming inconsequential.

BT Online
New Delhi, July 21, 2017
The Chairman and Managing Director of Reliance Industries went on to chalk out the road-map for his companies in the coming days.
Reuters
New Delhi, July 21, 2017
After steel, power firms make up the second-biggest portion of India's $150 billion mountain of bad debts. Steel made up roughly a fifth of the bad debts and power more than 12 percent.
Reuters
New Delhi, July 20, 2017
Wipro said consolidated revenue remained flat at 136.26 billion rupees, while revenue from its core IT services segment came in at $1.97 billion, a 2.1 percent rise year on year.
BT Online
July 18, 2017
While the Nifty and Sensex retreated gains, still some stocks on the BSE were undeterred by losses and hit their fresh 52 week highs today.  Around 80 stocks were trading near their yearly highs today.
BT Online
New Delhi, July 17, 2017
Income Tax Filing always requires Form 16 issued by employers. But salaried people should also pay attention to another document - Form 26AS.
Reuters
July 17, 2017
The Gujarat High Court on Monday dismissed Essar Steel India Ltd's appeal against a central bank order that asked creditor banks to start insolvency proceedings against the steelmaker, lawyers on the case said.
BT Online
July 17, 2017
"The downgrade of ratings on other debt instruments reflects an impaired debt servicing capability due to a stretched liquidity position," said India Ratings.
MG Arun
July 17, 2017
While a section of financial experts have attributed the slowing down of the economy in the final quarter to demonetisation, what seems to be more pronounced is the haphazard way the currency change was managed.
PTI
July 17, 2017
Emboldened by the Banking Regulation (Amendment) Ordinance, the Reserve Bank of India (RBI) is expected to push for resolution of bad loans worth around Rs 8 trillion by March 2019.
PTI
July 17, 2017
Deposits in Jan Dhan accounts have touched a new high of Rs 64,564 crore, of which over Rs 300 crore came in the first seven months of demonetisation, according to government data.
Reuters
Mumbai, July 14, 2017

TCS posted slightly weaker-than-expected results for June quarter but reported over 10 percent y-o-y revenue growth from clients in the manufacturing, life sciences and energy sectors.

BT Online
July 14, 2017
The state-owned bank is rated investment grade in the overseas market, equivalent to the Indian economy's sovereign rating. 
BT Online
July 13, 2017
Banking stocks led the gains with the BSE Bankex rising 244 points to 27,046 level. Bank Nifty too rose during the day's trade and closed 193.20 points or 0.82 percent higher at 23,888 level.
BT Online
New Delhi, July 13, 2017
The decline in charges will be effective from July 15, 2017 and will be applicable on money transactions through internet banking and mobile banking services.
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