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PTI
New Delhi, September 20, 2018
Last month, Adani Enterprises had filed a plea in the Bombay High Court seeking quashing of all LRs against its firms that are under probe for alleged over-invoicing of Indonesian coal imports.


BusinessToday.In
September 20, 2018
The Ministry of Electronics and IT (MeitY) is drafting another letter asking the Facebook-owned platform to design a technology-led solution to trace the origins of incendiary messages.


Reuters
September 19, 2018
Marking its first expansion outside Asia, OYO founder said it plans to invest 40 million pounds ($53 million) to launch in 10 British cities in the next 18 months.


PTI
New Delhi, September 19, 2018
The debts incurred by IL&FS in the form of bank loans accounted for around 0.5-0.7 per cent of overall banking system loans as on March 31, 2018.


BusinessToday.In
New Delhi, September 19, 2018
This is the first capital infusion by the Walmart-backed e-commerce giant ever since the US-based retail behemoth acquired a majority stake in the company.


Mail Today Bureau
New Delhi, September 19, 2018
Sebi says the mutual fund expenses will be brought down considering economies of scale. The easing of norms for FPIs is in tune with the government policy to attract foreign funds at a time when the rupee is depreciating sharply and the stock markets are on a roller coaster.


Anand Adhikari
September 18, 2018
The BJP-led NDA government probably had the right intention when they knocked on the doors of Ravi Venkatesan, former chairman of Microsoft India and P S Jayakumar, an ex-citibanker turned entrepreneur, for helping them in conducting an experiment of sorts with Bank of Baroda.


Dipak Mondal
New Delhi, September 18, 2018
The MCA officials claim that out of 33 lakh directors, only 12 lakh had completed the KYC process for free, by the last date of 15 September.


BusinessToday.In
New Delhi, September 18, 2018
Ola's latest round of funding from the two Chinese investment firms comes when the company is eyeing expansion across India and abroad.


BusinessToday.In
New Delhi, September 18, 2018
For the start, the homegrown company will provide services around Auckland, Christchurch and Wellington. To build its presence in the country, Ola has roped in Brian Dewil as the country manager for New Zealand.


BusinessToday.In
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...


BusinessToday.In
New Delhi, September 18, 2018
The company will sell life, health and general insurance in India where the insurance sector is booming. Its rivals Paytm and Flipkart are already working towards making their presence stronger in the insurance space.


BusinessToday.In
September 18, 2018
Dena Bank was on RBI's Prompt Corrective Action (PCA) list and other two banks have the strength to subsume a weaker bank, Finance Minister Arun Jaitley said on Monday. 


Anand Adhikari
September 17, 2018
The merger of Dena Bank and Vijaya Bank with Bank of Baroda will create new challenges for the amalgamated bank.


BusinessToday.In
September 17, 2018
The merged entity or amalgamated bank would be India's third largest.


BusinessToday.In
September 17, 2018
The bonds are directly pegged to the Indian currency. So, investors will directly take the currency risk or exchange rate risks. If the value of Indian currency falls, the foreign investor will have to bear the losses, not the issuer which is an Indian entity or a corporate.


Anand Adhikari
New Delhi, September 17, 2018
Gender diversity is missing in large areas of the financial services industry. There is no easy way out.


Mark D. Martin
New Delhi, September 17, 2018
We must work out a realistic, cost-effective strategy to make the world land and fuel in India.


Devashish Das Gupta
New Delhi, September 17, 2018
Companies need to imbibe a service-oriented culture as customer empathy and engagement matter most in the long run.


Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


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