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On Reliance Capitals partnership with Nippon Life, Ambani said their Rs 9,000-crore investment in life insurance and asset management businesses represents the largest FDI from Japan in India.

Reliance Capital sells 10.75 pc stake in RNAM for Rs 1,450 cr

The proceeds will be utilised to reduce Reliance Capital-'s outstanding debt, the company statement said.

17 Jun 2019 1:25 PM IST

Direct NCLT Allahabad for early hearing on insolvency plea against JAL: ICICI Bank

Direct NCLT Allahabad for early hearing on insolvency plea against...

A single member NCLT bench of Justice Bansi Lal Bhat directed to list ICICI Bank-'s plea on July 1 for hearing.

17 Jun 2019 1:18 PM IST

Jet Airways shares continue to face massive selling pressure; tumble over 18 pc

Jet Airways shares continue to face massive selling pressure; tumble...

At NSE, shares plunged 17.94 per cent to a multi-year low of Rs 67.

17 Jun 2019 12:36 PM IST

PMAI seeks higher export duty on iron ore with over 58 pc Fe content

PMAI seeks higher export duty on iron ore with over 58 pc Fe content

Export of 58 per cent plus Fe iron ore without value addition need to be discouraged, PMAI said.

17 Jun 2019 12:29 PM IST

Piramal Enterprises is the flagship company of Piramal Group and has presence in healthcare and financial services verticals.

Piramal sells entire stake in Shriram Transport Finance for approx Rs...

As on March 31, 2019, Piramal Enterprises held 2.26 cr shares amounting to 9.96 pc stake in Shriram Transport Finance...

17 Jun 2019 11:55 AM IST

Vedanta lost USD 200 mn in profits in one year of Tuticorin plant shutdown: Agarwal

Vedanta lost USD 200 mn in profits in one year of Tuticorin plant...

As many as 20,000 direct and indirect jobs have been lost due to the shutting of the smelter.

17 Jun 2019 11:02 AM IST

ADB approves Rs 1,650 cr infrastructure projects in Tripura

ADB approves Rs 1,650 cr infrastructure projects in Tripura

The project will be taken up in Khowai, Ambassa, Dharmnagar, Kailashahar, Udaipur, Bishramganj and Belonia.

17 Jun 2019 9:48 AM IST

UCO Bank names Yash Birla wilful defaulter, puts notice with photo

UCO Bank names Yash Birla wilful defaulter, puts notice with photo

UCO Bank also declared directors of seven other companies as wilful defaulters, which have total outstanding of Rs 740...

17 Jun 2019 9:35 AM IST

Start-ups entering listed space via reverse merger

Start-ups entering listed space via reverse merger

Both these companies acquired listed vehicles on the BSE and revamped the management.

17 Jun 2019 12:15 AM IST

Large-screen TV sales soar up to 100 pc as World Cup fever grips fans

Large-screen TV sales soar up to 100 pc as World Cup fever grips fans

Companies expect sales to pick up further as tournament progresses towards knock-out rounds, and have lined up...

16 Jun 2019 3:43 PM IST

Govt likely to provide Rs 30,000 crore to PSU banks in Budget 2019

Govt likely to provide Rs 30,000 crore to PSU banks in Budget 2019

The public sector banks would also require capital for the credit growth, which has just started picking up.

16 Jun 2019 3:24 PM IST

PNB to sell NPAs worth over Rs 1,000 cr, six accounts put on block

PNB to sell NPAs worth over Rs 1,000 cr, six accounts put on block

The reserve price for the six non performing assets (NPAs) has been fixed at Rs 342 crore.

16 Jun 2019 3:04 PM IST