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Mail Today Bureau
New Delhi, June 21, 2018
About half a dozen low-floor buses conk out on different arterial roads every day, resulting in massive snarls and perennial woes for commuters. The situation is likely to aggravate during monsoon with waterlogged roads.


Mail Today Bureau
Lucknow, June 20, 2018
The clearance will enable the Baba Ramdev-led company to meet the Centre's June 30 deadline to complete the acquisition of land, for the final approval to set up the food park


Mail Today Bureau
New Delhi, June 20, 2018
The agency further charged Mallya with diverting Rs 255 crore to the UK and from there transferring it into the account of his Formula 1 team. IN 2008, Mallya diverted Rs15.9 crore of the loan money from KAL account into the account of RCB.


Mail Today Bureau
June 18, 2018
Nirav Modi, who was earlier holed up in the UK, is now reported to have flown to Belgium. His move to Belgium follows the pressure that India was building up on the Theresa May government to get him extradited.


Mail Today Bureau
June 13, 2018
The ED and CBI are probing the father and son for allegedly taking kickbacks in exchange for getting the Aircel-Maxis deal of over Rs 3,500 crore cleared by the Foreign Investment Promotion Board in 2006, when P Chidambaram was the Finance Minister.


Mail Today Bureau
June 13, 2018
Oil is India's biggest import item and an increase in oil prices push inflation up and widens the trade deficit, putting pressure on the rupee. So far in 2018, retail prices of petrol have climbed 9.2 per cent and diesel by 13.7 per cent in Delhi.


Mail Today Bureau
June 11, 2018
Indian Bank posted the highest profit of Rs 1,259 crore and Vijaya Bank's profit was Rs 727 crore during the fiscal year. After factoring in the profit of these two banks, the net loss piled up by public sector banks works out to around Rs 85,370 crore in 2017-18 compared with a net profit of Rs 473.72 crore in 2016-17.


Mail Today Bureau
June 8, 2018
Cash strapped national carrier Air India is desperately seeking a Rs 1,000 crore short-term loan to run its day-to-day operations. The airline has already held back salaries of its 11,000 employees for three consecutive months.


Mail Today Bureau
June 7, 2018
The RBI on Wednesday raised its key policy rate for the first time in over four years to rein in inflation, a move which will translate into higher EMIs for home and car loans and make it costlier for business enterprises to borrow for increased investment.


Mail Today Bureau
June 6, 2018
The ED questioned P Chidambaram based on the statement given by then FIPB officials on the alleged role played by the former Finance Minister in giving FIPB approvals of over Rs 3,500 crore.


Mail Today Bureau
June 1, 2018
In a major setback to the government's plans, the offer to sell a majority stake in debt-ridden Air India did not attract any bid as the deadline closed on Thursday.


Mail Today Bureau
June 1, 2018
The Indian economy posted a growth rate of 7.7 per cent during the January to March quarter, enabling the country to retain its position as the fastest growing major economy, data released by the Central Statistics Office showed on Thursday.


Mail Today Bureau
May 31, 2018
ICICI Bank has instituted an independent inquiry into allegations raised by an whistleblower against CEO Chanda Kochhar of having given out huge loans to certain business groups who in return extended benefits to companies run by her husband and brother-in-law.


Mail Today Bureau
May 29, 2018
The Committee of Creditors of Binani Cement on Monday voted in favour of UltraTech Cement's Rs 7,960-crore offer. AV Birla Group-led UltraTech Cement's bid received 100 per cent consent at the CoC meeting.


Mail Today Bureau
May 25, 2018
ONGC Videsh Ltd (OVL), the overseas investment arm of state-owned Oil and Natural Gas Corporation (ONGC), on Thursday reported a 29.6 per cent jump in its net profit to Rs 981 crore for the fiscal year ending March 31, 2018 on the back of a higher output of crude oil and natural gas.


Mail Today Bureau
May 25, 2018
Tata-Singapore airlines joint venture Air Vistara appears to be going through more engine trouble in its Airbus Neo planes than it would like to admit.


Mail Today Bureau
May 24, 2018
The union cabinet on Wednesday approved the promulgation of an ordinance to amend the Insolvency and Bankruptcy Code (IBC) in order to classify homebuyers as financial creditors at par with banks which will enable them to get quick refunds from defaulting builders.


Mail Today Bureau
May 21, 2018
The Board of Directors of Ultra-Tech Cement, at its meeting held on Sunday, approved a scheme of arrangement amongst Century Textiles and Industries and its respective shareholders and creditors, the Aditya Birla Group firm said.


Mail Today Bureau
May 18, 2018
Finance Minister Piyush Goyal on Thursday assured all possible help from the government to strengthen the 11 public sector banks that have been placed under the RBI's 'Prompt Corrective Action' framework to check their deteriorating financial health.


Mail Today Bureau
May 17, 2018
A second charge sheet filed by the CBI on Wednesday highlights how prime accused Gokulnath Shetty actually demanded and got a bribe of more than Rs 1 crore for extending a bank credit of over Rs 2.28 crore to Gitanjali Exports Corporation Limited.


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