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The recent measures taken by the Reserve Bank of India (RBI) to resolve non performing assets (NPAs) in the banking system under the Insolvency and Bankruptcy Code (IBC) would require banks to take a 60 per cent haircut on their loan assets, ratings agency Crisil said on Monday.

Banks need to take 60 per cent haircut on non performing assets

Study suggests banks to increase provisioning by 25 per cent.

26 Jun 2017 8:29 PM GMT

The bandh would be from June 27 to 29.

Textiles dealers threaten of 3-day strike over GST

The move to tax textiles would affect lakhs of organised and unorganised traders.

25 Jun 2017 7:04 PM GMT

The registration window for traders who failed to register for GST will open again on June 25.

GST to push sales higher: Kenstar

The company is planning to expand in the north by this yearend. It will also get into the industrial cooler segment.

25 Jun 2017 7:02 PM GMT

The Reserve Bank of India has told TS finance department officials that it is not possible to disburse loans to farmers in cash, though it will try to do so.

India Inc lowers Rs 1 lakh-crore debt in year

Firms lower Rs 33,000 cr debt, says SBI.

25 Jun 2017 6:58 PM GMT

NR Narayana Murthy

Infosys: NR Narayana Murthy a no-show at AGM

-"None of the founders or promoters were at the AGM, even an hour after it began at 3 p.m.

24 Jun 2017 9:43 PM GMT

Reliance Industries

Reliance Industries and BP drop 3-year-old gas price challenge

Centre had conditionally agreed to BP Inc's demand.

23 Jun 2017 9:36 PM GMT

The companys audit committee had appointed Gibson Dunn & Crutcher, LLP, an international law firm and Control Risks, a global risk consultancy to probe the alleged irregularities.

Infosys gets clean chit in Panaya deal

CEO found no evidence of wrongdoing on the part of the firm.

23 Jun 2017 9:22 PM GMT

Major segments including scooters, motorcycles and cars, witnessed record decline December sales.

'0001': coolest car number in Delhi auctioned for Rs 16 lakh

The â€œ0001â€ series was sold for Rs 12.50 lakh in September, 2014 and Rs 12.10 lakh in 2015.

23 Jun 2017 6:56 AM GMT

Chairman of the Alibaba Group Jack Ma. (Photo: AP)

Automation may trigger WW-III: Alibaba boss

A study by Oxford University suggested that 100 professions or occupations are at risk of being eliminated by automation...

22 Jun 2017 7:35 PM GMT

150 samples of edible oil for adulteration checks are taken every month. Many are adulterated.

Farmer protests push for rise in edible oils import tax

Farmers are demanding better prices for their produce and billions of dollars in debt relief.

22 Jun 2017 7:34 AM GMT

Sebis Whole Time Member S Raman said there would be no change in control of Wipro pursuant to the proposed reconstitution.

Sebi eases norms to acquire stressed companies

Open offer would not be mandatory for investors.

21 Jun 2017 7:15 PM GMT

Indian School of Business or ISB campus.

ISB records 39 per cent rise in firms visiting campus

ISB also witnessed increase in demand of leadership positions from government think tanks, public and private sector.

20 Jun 2017 7:48 PM GMT