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BusinessToday.In
September 17, 2018
Despite steps such as withdrawing withholding tax on Masala bonds, allow some breathing space to foreign portfolio investors, and check non-essential imports and promote exports in order to arrest the decline in rupee, the local currency fell over 50 paise below the 72 level per dollar mark in trade today.


Niti Kiran
New Delhi, September 17, 2018
India stands out on the global stage for fund raising through IPOs. The future looks promising too.


Dipak Mondal
New Delhi, September 17, 2018
The chances of missing the fiscal deficit target of 3.3 per cent are growing and the first quarter target is already 70 per cent.


PTI
September 16, 2018
At the emergency meeting, IL&FS's largest shareholder, LIC, which holds 25.34 per cent, is believed to have agreed to subscribe to the forthcoming rights issue and extend some immediate working capital loan.


PTI
September 16, 2018
The government is determined to keep fiscal deficit at 3.3 per cent of GDP on the back of buoyant tax revenues and expectations of surpassing the disinvestment target.


PTI
September 9, 2018
SEBI initiated a public consultation process for finalising the new guidelines after a high-powered panel suggested changes on several contentious proposals and more time for compliance with new KYC and beneficiary ownership norms.


BusinessToday.In
August 23, 2018
Air India is on the brink of defaulting on bank loan repayments, so the aviation ministry has sought Rs 500 crore from the finance ministry on an urgent basis.


Mail Today Bureau
August 22, 2018
Department of Investment and Public Asset Management has written a letter to ONGC stating that a listing would also help unlock value in the unit by improving its corporate governance and efficiency.


PTI
August 11, 2018
The net income of Coal India rose 17 per cent to Rs 25,470.86 crore during the quarter under review from Rs 21,774.42 crore in the year-ago period. Expenses remained higher at Rs 19,383.99 crore as against Rs 17,837.17 crore in April-June 2017.


BusinessToday.In
New Delhi, August 9, 2018
In addition to Rs 11,000 crore bailout package, the govt may give the board of directors additional powers to take decisions on operational issues.


BusinessToday.in
New Delhi, August 9, 2018
The mission chief of IMF described India as an elephant that is starting to run; after failed divestment bid, Civil Aviation Ministry plans Rs 11,000 crore bailout package for Air India; and China records first current account deficit in nearly 2 decades. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.


PTI
New Delhi, August 7, 2018
The airline is staying afloat on a bailout package extended by the previous UPA regime in 2012. The national carrier's debt burden was more than Rs 48,000 crore at the end of March 2017.


BusinessToday.In
New Delhi, July 16, 2018
Department of Economic Affairs Secretary Subhash Chandra Garg said that since the combined shareholding of both the government and LIC would be over 90 per cent, and that public shareholding is too low, an open offer might not be on the cards.


PTI
New Delhi, July 5, 2018
Whenever a government support is extended, there will be a corresponding timeline given to Air India to deliver on those expectations, says RN Choubey, secretary, Civil Aviation.


BusinessToday.In
New Delhi, June 30, 2018
He has been appointed to the position for a term of three months. He is to replace Mahesh Kumar Jain, who recently took charge as Deputy Governor of the Reserve Bank of India.


BusinessToday.In
New Delhi, June 27, 2018
The proposal has got in-principle approval from Prime Minister Narendra Modi and a committee comprising Secretaries from the Civil Aviation and Shipping ministries has been set up to decide on the valuation of the building.


E Kumar Sharma
June 27, 2018
Management experts are seeing a clear message to conglomerates in the recent move by Boston-headquartered conglomerate GE to \"focus on aviation, power and renewable energy\" to create \"a simpler, stronger, leading high-tech industrial company.\"


Anand Adhikari
New Delhi, June 26, 2018
The IDBI bank has been running low on capital. The bank also has gross NPAs of 27 per cent. If one includes stressed loans, more than one-third of its book will be classified as stressed.


BusinessToday.In
New Delhi, June 21, 2018
Amit Kachroo, Managing Partner at Aaneev Wealth  talks about the newly launched Bharat 22 ETF further fund offer and the merits and demerits of investing in the fund.


BusinessToday.In
New Delhi, June 20, 2018
Court summons Chidambaram's wife, son over black money complaintA special court for economic offence cases has summoned former union minister P Chidambaram's wife, son and daughter-in-law to appear on June 25 in connection with the prosecution initiated by the Income Tax Department under the Black Money Act. The special court issued summons to Nalini Chidambaram, Karti Chidambaram and his wife Srinidhi on the basis of a complaint filed by the Income Tax Department over alleged n...


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