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Reuters
September 19, 2018
Marking its first expansion outside Asia, OYO founder said it plans to invest 40 million pounds ($53 million) to launch in 10 British cities in the next 18 months.


PTI
New Delhi, September 19, 2018
The debts incurred by IL&FS in the form of bank loans accounted for around 0.5-0.7 per cent of overall banking system loans as on March 31, 2018.


BusinessToday.In
New Delhi, September 18, 2018
Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...


BusinessToday.In
New Delhi, September 18, 2018
For SMBs to be competitive in the national and international arena, they need to have access to new production and management technologies.


Reuters
New Delhi, September 18, 2018
Trump warns if China takes retaliatory action against US farmers or industries, it will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports.


BusinessToday.In
September 17, 2018
The top gainer among sugar stocks was Avadh Sugar and Energy which hit the upper circuit of 19.99% to 567.15 level on BSE today. The stock of sugar manufacturer Bajaj Hindusthan Sugar rose up to 19.95% to 10.22 level on the BSE.


Arpita Mukherjee
New Delhi, September 17, 2018
Flexi-staffing has advantages for employers and also certain kinds of employees.


Prosenjit Datta & Dipak Mondal
New Delhi, September 17, 2018
The GDP back series data 'accidently' became public thanks to a report on real sector statistics prepared by a committee constituted by the National Statistical Commission. In the din that ensued, some of the more serious concerns that the committee raised regarding quality of the data got lost. Business Today's Prosenjit Datta and Dipak Mondal caught up with Sudipto Mundle, chairman of the Committee on Real Sector Statistics, which prepared the new series, to dig deeper into the observations made in the report. Edited excerpts:


Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


Reuters
September 15, 2018
India's loadings from Iran for this month and next will drop to less than 12 million barrels each, after purchases over April-August had been boosted in anticipation of the reductions.


PTI
September 15, 2018
The penalty has to be paid by the entities \"jointly and severally\". According to a SEBI order, Sumangal had collected Rs 85 crore from investors through illegal collective investment schemes.


PTI
September 15, 2018
The acquisition -- for \"up to 65 million euros including earn-out, management incentives and bonuses -- is expected to close during the third quarter of fiscal 2019, subject to customary closing conditions,\" Infosys said in a statement.


BusinessToday.In
September 14, 2018
The top gainer among sugar stocks was Avadh Sugar and Energy which hit the upper circuit of 19.99% to 472.65 level on BSE today. On Wednesday, the stock closed 6.47 per cent higher at Rs 393.90 on the BSE.


Mail Today Bureau
New Delhi, September 14, 2018
The controversy-hit lender has invited bids for the e-auction to be held through the bank's portal on September 20.


BusinessToday.In
New Delhi, September 13, 2018
Chinese Consul General in Kolkata Ma Zhanwu says his country is planning a bullet train service between Kunming and Kolkata, which will pass through other neighbouring countries like Myanmar and Bangladesh.


BusinessToday.In
New Delhi, September 13, 2018
Office space is in heavy demand in BKC, which has emerged as the city's financial centre in the past few years, taking over from Nariman Point. So, the sale of the corporate headquarters is expected to fetch Rs 1,300-1,500 crore. 


PTI
New Delhi, September 13, 2018
Telecom operator Bharti Airtel had yesterday confirmed that it has received demand notices towards penalties totalling Rs 11 lakh for six circles for the quarter ended March 2018.


PTI
September 12, 2018
Kochhar, who has been away from office following an enquiry initiated under the retired Supreme Court judge BN Srikrishna late May but continues to hold onto her position as the managing director & chief executive, was absent from the AGM.


PTI
September 12, 2018
Factory output measured in terms of the Index of Industrial Production had expanded by just 1 per cent in July last year, according to the data released by Central Statistics Office.


BusinessToday.In
New Delhi, September 12, 2018
CM HD Kumaraswamy also revealed that such sales for Mysore silk sarees will be offered across the state in phases.


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