Saridon exempted from FDC ban

The Supreme Court also granted exemption to three more formulations from the list of 328 banned FDCs.

Banks unwilling to reduce loan rate despite RBI’s call

Repo rate is the rate at which RBI lends money to commercial banks in the event of any shortfall of funds and is used by the RBI to control inflation.

Edelweiss, Kotak, JM Financials named in NSEL case

The source, however, stated that these charges would apply for all the brokers who had done any trade on the exchange.

RCom wants lenders to release Rs 260 crore

The SC on Wednesday held RCom chairman Anil Ambani and two others guilty of contempt of court for violating its order by not paying dues.

Insurers asked to focus on governance

The high-level meeting was the first of its kind.

Volkswagen boss says US tariffs could cost up to 2.5 billion euros: report

Analysts at London-based Evercore ISI said tariffs could cost Volkswagen 2.5 billion euros (USD2.8 billion) a year.

Production-spec Tata 45X (Maruti Baleno rival) reveal in March 2019

The world debut is set to happen at the 2019 Geneva Motor Show next month

First Drive: New Toyota Yaris

This sedan, while taking its design inspiration from Corolla, provides an overall lucrative package.

New MG SUV, possible Hyundai Creta rival, spotted testing in India

It could be the third SUV that MG is planning to launch in India in 2020.

Tata Motors bets big on e-buses, to supply 80 units to WB govt

The commercial vehicles business of the company is seeing considerable growth and is enjoying a market share of 45 per cent in the segment.

CMA inks wage settlement pact with trade unions

A total of 21 cement companies, consisting major players which cover 60 per cent of the country's total cement capacity.

Barclays sets aside millions to deal with Brexit uncertainty

The bank's net loss shrank to 76 million pounds from 1.29 billion pounds.

Zydus receives USFDA nod for 2 products

The company has received final approval from the United States Food and Drug Adminstration (USFDA) to market generic Phytonadione tablets.

Panasonic India eyes 15 per cent AC sales growth to Rs 1,400 cr next fiscal

The company is expected to close the current fiscal with an AC turnover of Rs 1,220 crore.

MobiKwik offers instant life insurance for Rs 20 on its App

This is the second big announcement by MobiKwik in the digital insurance space,

Capital requirement of PSBs to shrink to about Rs 25,000 cr in FY20: Moody's

The recent capital infusion will improve solvency of banks, but not fully resolve legacy problem loans.

Despite massive capital infusion, full turnaround is still away for PSBs: Moody's

Banks are far from a full turnaround as large volumes of problem-loans will still continue to cap improvements and capitalisation.

ComMin sets USD 50 billion bilateral trade target with Russia by '25

USD 50 billion target set for bilateral trade between India and Russia over the next seven years: CR Chaudhary.

CARE Ratings to government: From where will you get the recap funds for PSBs?

The union government on Wednesday declared an infusion amount of Rs 48,239 crore for recapitalisation of PSBs.

Indian economy fundamentals sound, set to reach USD 5 trillion: PM Modi

No other large economy in the world has grown at 7 per cent year after year, says PM.

Rupee drops 13 paise to 71.24 against dollar as crude rises

At the Interbank Foreign Exchange (forex) market, the domestic unit opened strong at 71.06 and rose to 70.91.

Gold up by Rs 360 on jewellers' buying

Gold is trading at Rs 34,830 per 10 gram at the bullion market here on increased buying from local jewellers.

Oil hovers near 2019 highs amid OPEC cuts

Oil prices have been driven up this year by supply cuts led by the Organisation of the OPEC.

Sensex ends 142 points higher; pharma, metal stocks rally

The 30-share Sensex settled 142.09 points, or 0.40 per cent higher at 35,898.35.

Sensex, Nifty start on a positive note; bank stocks jump

The 30-share index was trading 8.47 points, or 0.02 per cent, at 35,764.73.

Crisil sees gas demand rising by 3.5 per cent annually till FY23

Industrial PNG segment is expected to see a shift from alternative fuels because of better competitiveness in comparison with LPG.

EPFO finalises 8.65 per cent interest for 2018-19: Gangwar

The interest rate is credited into the subscribers account after the Finance Ministry's approval.

NIIT Tech partners Microsoft to help clients in 'cloudification'

Under the partnership, NIIT Technologies will directly manage the entire lifecycle for its enterprise customers.

Intellect Design Arena to provide digital solution to HUDCO

HUDCO is a wholly-owned entity of the Ministry of Housing and Urban Affairs.

IIFL Home Finance, Maharashtra govt sign MoU for building houses under PMAY

Under the agreed terms and conditions, IIFL HFL will be able to conduct on the spot counselling for home buyers.