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BusinessToday.In
New Delhi, June 10, 2019
While the Indian benchmarks, Sensex and Nifty, witnessed positive trade on Monday, Reliance Power shares declined as much as 23.66 per cent and hit a new low of Rs 4.71 on the BSE


PTI
June 10, 2019
The car market leader produced a total of 1,51,188 units in May, including Super Carry LCV, down 18.1 per cent from 1,84,612 units in the year-ago month, MSI said in the filing.


PB Jayakumar
New Delhi, June 10, 2019
Why is Ajay Piramal exiting the Shriram Group of companies in which he invested heavily only six years ago?


Aseem Thapliyal
June 10, 2019
Rakesh Jhunjhunwala who held 5.72% stake or 5.07 crore shares in the firm at the end of March quarter is sitting on a profit of Rs 743.86 crore. 


BusinessToday.In
New Delhi, June 10, 2019
The company made this announcement after CARE, last Wednesday, downgraded the ratings assigned to the bank facilities of Eros International Media, the Indian arm of Eros International, citing delay in servicing of bank loans for the month of April 2019 and May 2019


BusinessToday.In
New Delhi, June 10, 2019
The key reason behind the layoffs is Urban Ladder's inability to raise more fund and its struggle to gain more profit


BusinessToday.In
New Delhi, June 10, 2019
Chinese President Xi to meet PM Modi on sidelines of SCO summitChinese President Xi Jinping will attend the Shanghai Cooperation Organisation (SCO) summit this week at Bishkek where he would also meet Prime Minister Narendra Modi, the first meeting between the two leaders after the BJP's massive victory in the general elections. The SCO summit is due to be held on June 13-14 in Bishkek, Kyrgyzstan.Anil Ambani's Reliance Power suffers Rs 2,951 crore loss in FY19Anil Ambani-led Reliance Power, ...


BusinessToday.In
June 10, 2019
Rakesh Jhunjhunwala held 5.07 cr shares or 5.72% stake in the firm for the quarter ended March 2019. The ace investor pared his stake from 5.78% at the end of December quarter to 5.72% in the last quarter.


BusinessToday.In
New Delhi, June 9, 2019
Reliance Power on Saturday reported a net loss of Rs 2,951.82 crore for the financial year 2018-19 as against net profit of Rs 840.46 crore in FY18; total income during the fiscal declined to Rs 8,534.26 crore from Rs 9,871.01 crore a year earlier


PTI
Mumbai, June 9, 2019
The third largest lender had put Bhushan Power & Steel on sale in December 2018 but could not find a buyer


BusinessToday.In
New Delhi, June 9, 2019
Central Bank will raise fund via follow-on public offer (FPO), rights issue or private placement including qualified institutions placements (QIP), subjected to shareholders approval in the ensuing annual general meeting to be held on June 28


BusinessToday.In
New Delhi, June 8, 2019
According to industry source, Vodafone Idea has reportedly received a valuation of around Rs 15,000 crore for its around 1.56 lakh kilometre long telecom fibre assets


Reuters
New Delhi, June 8, 2019
In Friday's circular, the RBI says lenders should work on a resolution plan based on the financial health of borrowers even before a default


PTI
New Delhi, June 7, 2019
On the concerns surrounding NBFCs, the brokerage said lending by such companies grew sharply in recent times and stood at 26 per cent in third quarter of 2018, which has slipped to 20 per cent in the succeeding quarter, and is expected to slow further.


BusinessToday.In
June 7, 2019
The deal will be completed in three transactions with the Blackstone-Embassy combine taking a 15% stake this week, followed by the purchase of the residual stake over the next 6-8 weeks. This will be followed by an open offer to the existing shareholders of IBREL.


BusinessToday.In
June 6, 2019
The State Bank of India had taken the lead in linking the interest rate applicable on savings account deposits over Rs 1 lakh as well as its short term loans to the RBI repo rate with effect from May 1 to ensure faster monetary transmission


PTI
June 6, 2019



BusinessToday.In
June 6, 2019
The G20 surveillance note released by the International Monetary Fund (IMF) staff said that the \"recent manufacturing indicators point to a tentative rebound in the emerging Asian and Latin American nations except India.\"


BusinessToday.In
June 6, 2019
The second bi-monthly Monetary Policy Statement of the current fiscal projects the GDP growth rate at 6.4-6.7 per cent till September but expects it to pick up pace to as much as 7.5 per cent in the second half of the fiscal


BusinessToday.In
June 6, 2019
The Resere Bank of India (RBI) took the decision to set up the committee in view of persistent demands to change the ATM charges and fees.


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