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BusinessToday.In
New Delhi, February 28, 2020
Chicken sales down 50%, prices by 70% on coronavirus rumourChicken sales in India have come down over 50 per cent and prices by 70 per cent in the last one month as speculation swirled on social media that chicken causes coronavirus disease, denting both demand and prices, a top Godrej Agrovet official said on Thursday. However, once the rumours die down and consumption rises in the next 2-3 months, there would be a shortage of chicken in the country causing sharp rise in prices, ...


PTI
New Delhi, February 28, 2020
AGR dues: COAI also sought an immediate cut in licence fee levy to three per cent from 8 per cent and reduction in spectrum usage charges.


Reuters
New Delhi, February 28, 2020
Tata Group has faced antitrust reviews in the past; a CCI investigation last year found units of Tata Steel and other firms colluded on prices of bearings


Anand Adhikari
February 28, 2020
Sumant Kathpalia, who will succeed Romesh Sobti as the new chief of IndusInd Bank, will face challenges ranging from asset quality to diversification of assets book


BusinessToday.In
February 27, 2020
SBI Cards IPO: The issue whose price band has been fixed at Rs 750 to Rs 755 per share is attracting bids at a premium of 40% to the issue price in the grey market


Reuters
February 27, 2020
Indian jewellers have received surprise tax notices asking them to turn over money they made from customers who scrambled to buy gold after 2016 noteban


BusinessToday.In
New Delhi, February 27, 2020
FM pulls up banks for 'blindly' following rating agencies; says they have lost local touchUnion Minister Nirmala Sitharaman has told banks they shouldn't blindly believe in \"credit scores\" of those seeking loans as branch-level connect with customers was more important. The FM rapped state-owned banks for being out of touch with customers at the ground level, saying they often failed to communicate government schemes to customers due to their inability to communicate in the loca...


BusinessToday.In
New Delhi, February 27, 2020
FM's tongue-lashing of PSB chiefs came on the day she launched the next phase of reforms for state-owned banks -- EASE 3.0; Sitharaman says lack of branch-level contact had eroded their goodwill


BusinessToday.In
February 27, 2020
Share Market Update: BSE 30-share S&P Sensex closed 143 points lower at 39,745 and NSE 50-share index Nifty50 closed 45 points lower to 11,633.


Manu Kaushik
New Delhi, February 26, 2020
Despite an AGR burden of Rs 53,000 crore, Vodafone Idea hopes for a fresh lease of life, right before a crucial meeting of the highest decision-making authority in the Telecom Ministry


BusinessToday.In
New Delhi, February 26, 2020
She further said that banks should not blindly follow rating agency data on customers. She added that the government intends to employ data analytics in the Indian banking sector


Rupa Burman Roy
February 26, 2020
The IPO of the credit card unit of the country's largest lender SBI will close on March 5. Shares will be offered in SBI Cards IPO in a lot of 19 and in multiples of 19 equity shares thereafter.


Hari Hara Mishra
February 26, 2020
Out of Rs 9,870 crore worth of claims, the creditors have received a princely sum of Rs 96 crore - that is right. Less than 1% after more than one year of running around, which will not compensate even the expenses incurred by the creditors


Hari Hara Mishra
February 26, 2020
Certainly, ARCs are specialised entities and in 2017, minimum net worth of ARCs was enhanced 50 times by the RBI from Rs 2 crore to Rs 100 crore to boost their capital base


Nevin John
February 25, 2020
JSW Steel is keen to de-risk the acquisition as it has an expansion plan on cards, besides the company is facing unprecedented challenges in the steel market


PTI
February 25, 2020
RBI Governor Shaktikanta Das says banks should focus on countering a slowing credit growth


BusinessToday.In
New Delhi, February 24, 2020
Government has already issued the first set of clarifications for Air India bidders on the 'confidentiality undertaking' listed out in the Preliminary Information Memorandum (PIM) issued on January 27


BusinessToday.In
February 24, 2020
Stocks to watch today on February 25: TVS Motors, HUL, HDFC Bank, JSW Steel, Bharti Infratel among others are the top stocks to watch out for in Tuesday's trading session


BusinessToday.In
February 24, 2020
Muthoot Finance share price hit an all-time high of Rs 945.75 today, rising 3.47% from its previous close of Rs 913.30 on BSE 


PTI
New Delhi, February 23, 2020
To keep inflation under specified level, the government in 2016 had decided to set up Monetary Policy Committee headed by RBI Governor entrusted with the task of fixing the benchmark policy rate


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