August 29, 2018
Anil Ambani’s RInfra completes sale of Mumbai power assets biz to Adani

Anil Ambani’s RInfra completes sale of Mumbai power assets biz to Adani

. After completing the sale of one of its marquee assets, the Anil Ambani-promoted Reliance Infrastructure (RInfra) is hoping to turn into a zero-debt company. It […]
August 28, 2018
Mapusa bank curbs: Teachers rush to open new accounts

Mapusa bank curbs: Teachers rush to open new accounts

Panaji: Almost 1,000 teachers, who have salary accounts at the Mapusa Urban Co-operative Bank, have been instructed to open new accounts in other banks and submit […]
August 28, 2018
30 stressed power accounts set to go to NCLT as RBI’s NPA deadline ends

30 stressed power accounts set to go to NCLT as RBI’s NPA deadline ends

Lenders to about 30 stressed power assets will refer them to bankruptcy courts, after the Allahabad High Court denied any relief to the sector from the […]
August 28, 2018

Life Insurance Corporation to buy up to 14.9 per cent stake in IDBI Bank

By: ENS Economic Bureau | Mumbai, New Delhi | Published: August 29, 2018 1:23:14 am While LIC already holds over seven per cent stake in IDBI […]
August 28, 2018
UTI MD Leo Puri’s extension case: T Rowe Price takes petition back

UTI MD Leo Puri’s extension case: T Rowe Price takes petition back

US-based T Rowe Price on Tuesday withdrew its case filed in the Bombay High Court, seeking extension in tenure of former UTI Asset Management Company’s (AMC) […]
August 28, 2018
FTA misuse by China hitting us: Stainless steel industry

FTA misuse by China hitting us: Stainless steel industry

NEW DELHI: A surge in imports from China and countries with which India has signed free trade agreements (FTAs) is heaping misery on the domestic stainless […]
August 28, 2018
HC upholds NSE’s move to levy higher STT on physically settled contracts

HC upholds NSE’s move to levy higher STT on physically settled contracts

The Bombay High Court on Tuesday has upheld the National Stock Exchange’s (NSE) move to levy higher Securities Transaction Tax (STT) on derivative contracts that are […]
August 28, 2018
Data recovery in demand

Data recovery in demand

Calcutta: The adoption of a data protection law in India could open up business opportunities for data recovery and cleaning firms. The draft data protection bill, […]
August 28, 2018
Diesel price in Mumbai soars to all-time high, stokes fear and worry

Diesel price in Mumbai soars to all-time high, stokes fear and worry

After rising continuously for a fortnight, the price of diesel in Mumbai hit an all-time high of ₹73.90 per litre on Tuesday while petrol was selling […]