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Reliance Naval surges 700 per cent in record streak

Brokers say the stockâ€™s parabolic advance is likely driven by speculators, rather than by a change in the companyâ€™s...

27 Nov 2019 1:14 AM IST

The Competition Commission of India (CCI) began an investigation in 2017 after allegations that five companies colluded on bearings prices from 2009-2014 to pass higher raw material costs onto customers in the auto sector.

Probe finds bearings collusion by units of SKF, Schaeffler & Tata...

SKF, the worldâ€™s largest maker of ball-bearings, said in a statement it had assisted the investigation and disputed...

27 Nov 2019 1:12 AM IST

Media mogul Subhash Chandra on Monday resigned as chairman of his flagship company Zee Entertainment Enterprises Ltd, with immediate effect. (Photo: File | PTI)

Zee Entertainment shares sink over 9 pc after Subhash Chandra-'s...

On the BSE, the stock opened at Rs 340.50 and plunged 9.06 per cent to Rs 312.50.

26 Nov 2019 12:32 PM IST

Mutual Funds were forced to cut their lending to promoters after Sebi increased the equity cover that mutual funds take as collateral to four times as against earlier practice of keeping cover worth 1.6-1.7 times the loan amount.

Sebi to tighten rules for brokers after Karvy debacle

The measures likely to be taken by Sebi include barring brokers from offering clearing and settlement services.

26 Nov 2019 12:57 AM IST

The convenience of OTP-less single click payments will result in increased conversions in a more secure and convenient way.

Paytm to expand financial services

Discovery Capital, an existing shareholder of the company, also participated in the round.

26 Nov 2019 12:50 AM IST

The company will focus on artificial intelligence-based technology and big data solutions for new innovations that can generate large scale employment.

Paytm raises USD 1 billion in fresh funding

Accounts advised by T Rowe Price Associates were among the new investors for the fund, Paytm said in a statement.

25 Nov 2019 12:12 PM IST

RCom shares rally 6 pc to hit upper circuit on asset sale buzz

RCom shares rally 6 pc to hit upper circuit on asset sale buzz

On the BSE, Reliance Communications-'s shares rose 4.55 per cent to 69 paise apiece.

25 Nov 2019 11:44 AM IST

Bharat Petroleum Corp Ltd (BPCL)

-'Dipam started BPCL sale process before Cabinet nod

After that on November 20, the Cabinet Committee on Economic Affairs (CCEA) gave the go-ahead for the BPCL sell-off.

25 Nov 2019 2:03 AM IST

We are working out a mechanism where the resolution applicant, who through this entire court supervised process is acquiring a stressed asset as a going concern, will not be encumbered by the criminal liability relating to the company which has been caused by the previous management, an official said.

Govt plans to amend IBC to ring-fence buyers of stressed assets from...

The move will help make the insolvency process more attractive for the bidders and instil confidence in them, sources...

24 Nov 2019 5:27 PM IST

Anil Ambani along with four directors -- Ryna Karani, Chhaya Virani, Manjari Kacker and Suresh Rangachar -- had resigned from Reliance Communications (RCom) earlier this month.

RCom lenders reject resignation of Anil Ambani, 4 other directors

Reliance Communications had posted a consolidated loss of Rs 30,142 crore for the September 2019 quarter.

24 Nov 2019 5:03 PM IST

India has set a target of raising 1.05 trillion rupees (USD 14.6 billion) through the sale of state stakes in companies by March 2020.

BPCL privatisation: Asset valuer asked to submit company valuation in...

Cabinet Committee on Economic Affairs had on Nov 20 given a go-ahead for sale of government-'s entire stake in BPCL.

24 Nov 2019 11:32 AM IST

7 of top 10 compaines lose Rs 76,164 crore in market valuation; TCS worst hit

7 of top 10 compaines lose Rs 76,164 crore in market valuation; TCS...

From the top-10 pack, only RIL, HDFC and SBI witnessed gains in their market valuation for the week ended Friday.

24 Nov 2019 10:50 AM IST