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PTI
September 22, 2018
The Reserve Bank of India announced guidelines for co-origination of priority sector loans by banks and NBFCs with a view to enhancing flow of funds to the sector at competitive rates.


BusinessToday.In
September 22, 2018
Former French president Francois Hollande was quoted as saying that the Indian government proposed Anil Ambani's Reliance Defence as the partner for Dassault Aviation in the Rs 58,000 crore Rafale jet fighter deal.


PTI
September 22, 2018
While the French government said French companies have the full freedom to select Indian firms for the deal, Dassault Aviation, the makers of Rafale, said it had made the decision to partner with Reliance Defence Ltd.


PTI
New Delhi, September 21, 2018
Rahul's attack on Modi came after a French media report quoted Hollande as saying that the Indian government proposed Reliance Defence as the partner for Dassault Aviation in the Rs 58,000 crore Rafale jet fighter deal.


PTI
New Delhi, September 21, 2018
The 30-share index cracked 1,127.58 points, or 3 per cent, to hit an intra-day low of 35,993.64 Friday. It, however recovered most of the losses within minutes of the fall.


Joe C Mathew
New Delhi, September 21, 2018
The WBG institution comprises of the International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA).


BusinessToday.In
September 21, 2018
The strategy which the government has adopted is merging one weak bank with its stronger counterparts.  In this case, the weaker bank is Mumbai-based Dena Bank. The lender came under prompt corrective action of the RBI in May 2017 in view of high Net NPA and negative RoA (return on assets) and now faces restrictions on lending and several other bank operations.


PTI
Mumbai, September 21, 2018
A bank official, however, said the money has been paid \"in protest\" and the lender believes that it has not violated any norms.


BusinessToday.In
New Delhi, September 21, 2018
This new 9.7km stretch will also connect Delhi's Hazrat Nizamuddin railway station, the biggest railway terminus of the capital, and Sarai Kale Khan ISBT with the Metro.


BusinessToday.In
September 21, 2018
However, the indices later recovered on management of these companies allaying concerns over their financial position.


BusinessToday.In
September 21, 2018
The old buzz that Dubai-based Emirates Airlines is looking to acquire Abu Dhabi-based Etihad Airways - a move that would create the world's biggest carrier by passenger traffic - is getting louder.


BusinessToday.In
September 21, 2018
The YES Bank stock tumbled up to 34.03% or 108 points in early trade to 210.10 level. At 9:44 am, the stock was trading17 percent or 54 points lower at 263.65 on the BSE.


PTI
New Delhi, September 21, 2018
The EPFO also revised upward the number of new enrolments from September 2017 to June 2018 to 52.30 lakh from 47.13 lakh estimated earlier last month.


PTI
New Delhi, September 20, 2018
Fitch said it believes that a disorderly Brexit (UK exiting from European Union) could significantly disrupt JLR's supply chain and affect the company's earnings and cash generation.


Ajita Shashidhar
September 20, 2018
The irony is that the home-grown retailers are starved for cash and need capital and at the same time global giants are finding ways of investing in multi-brand physical retail companies.


PTI
September 20, 2018
The country's largest lender State Bank of India on Thursday said it is not in a position to acquire more banks at the moment as it needs 2-3 years to see gains from the consolidation effected last year.


Reuters
New Delhi, September 20, 2018
Iran's Naftiran Intertrade Co Ltd, a trading arm for state-owned National Iranian Oil Co, owns a 15.4 per cent stake in Chennai Petroleum, which has two refineries with a total combined capacity of 230,000 barrels of oil per day.


Joe C Mathew
New Delhi, September 20, 2018
In 2017-18, MFIs witnessed a 56 per cent increase in loan disbursements over the previous year.


BusinessToday.In
September 20, 2018
Global private equity major Kohlberg Kravis Roberts & Co LP (KKR) along with Mumbai-headquartered Radiant will buy 49.70 per cent stake in Max Healthcare from South Africa-based Life Healthcare Group Holdings for about Rs 2,120 crore.


Nilesh Teli
New Delhi, September 20, 2018
The global movement towards digital health has many implications for the Indian healthcare sector.


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