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BusinessToday.In
September 19, 2018
On Tuesday, the rupee closed at its all time low of 72.98, falling 47 paise against the US currency due to surging crude oil prices and escalating trade war worries. Earlier in the day, the Indian currency hit a historic low of 72.99 in late afternoon deals.


PTI
New Delhi, September 18, 2018
Daiichi Sankyo, which has filed an intervention application in the insolvency plea filed by HDFC Bank, said they have a decree to recover money against RHC Holding.


BusinessToday.In
September 17, 2018
While the Sensex fell 505 points or 1.33% to 37,585 level, the Nifty lost 137 points or 1.19% to 11,377 level. Subdued Asian and European markets due to escalating trade war between the US and China mainly led to a caution on domestic bourses, brokers said.


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


PTI
September 16, 2018
This would be first charge sheet in the case pertaining to loans of over Rs 6,000 crore given to Kingfisher by a consortium of 17 banks led by State Bank of India which alone had an exposure of Rs 1,600 crore.


Rajeev Dubey
New Delhi, September 14, 2018
Rajnish Kumar further stated that SBI takes action with all alacrity and with very strong, proactive measures.


BusinessToday.In
September 14, 2018
The Indian currency has gained 123 paise in two sessions on report that PM Narendra Modi would hold a meeting to discuss economic scenario and the deteriorating rupee situation over this weekend.


BusinessToday.In
September 14, 2018
At 9:57 am, the Sensex rose 205 points to 37,923 level. The Nifty too gained 72.85 points to 11,442 points. Brent crude, which hit $80 per barrel two days ago, was trading at $78.25 a barrel.


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.


PB Jayakumar
New Delhi, September 13, 2018
Apart from the stay, the stressed power plants were also given another breather recently, when the high-level empowered committee constituted by the Prime Minister's Office allowed retaining fuel supply agreements (FSAs), Power Purchase Agreements (PPA) and long-term transmission network access rights.


BusinessToday.In
New Delhi, September 12, 2018
The Indian currency hit a fresh record low of 72.91 against the dollar on Wednesday, only to recover to Rs 72.35. The currency has fallen over 13 per cent against the dollar since January.


Sonal Khetarpal
September 11, 2018
The funds will be raised from the Michael & Susan Dell Foundation, Tata Trusts, The Mittal Foundation, British Telecom and Comic Relief.


BusinessToday.In
New Delhi, September 11, 2018
Indian IT services companies could see improvement in margins by as much as 100 basis points in their second quarter results due to the depreciating rupee.


BusinessToday.In
New Delhi, September 11, 2018
The bank was able to recover around Rs 8,445 crore in the April-June quarter alone, which is over 23 per cent of all recoveries made during the period. PNB recovered around Rs 5,618 crore in FY18 and Rs 5,643 crore the previous year.


PTI
September 10, 2018
World's largest steel producer ArcelorMittal on Monday offered Rs 42,000 crore to acquire Essar Steel Ltd, upstaging a Rs 37,000 crore bid by Russia's VTB Group-backed Numetal.


Abhishek Gupta
September 9, 2018
The key takeaway - the pickup in growth, without demand-pull inflationary pressure in the economy, supports our thesis that reforms have lifted India's potential growth, and activity ahead is likely to remain non-inflationary, writes Abhishek Gupta.


Joe C Mathew
New Delhi, September 7, 2018
In a critique of the March 2018 report of the Parliamentary standing committee on energy, CFA has stated that the recommendations suggested by the Committee to address the problem of stressed assets in power sector fall short of addressing the problem in an effective manner.


BusinessToday.In
August 31, 2018
The rupee's near-continuous slide against the dollar - it has depreciated 3.3% in this month alone - is sending importers scurrying to cover their overseas payment liabilities and hedge currency exchange risk.


PTI
Chennai, August 30, 2018
The SBI submitted that by effecting the provisional attachment order, the ED had scuttled the frantic efforts of the banks from realising public money.


PTI
August 25, 2018
After a seemingly endless stream of gloomy news and falling values, sentiment has finally started to show signs of improvement globally against the backdrop of the upcoming visit of Chinese delegates to the US in order to re-ignite trade talks.


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