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TVS Motor invests in electric bike maker Ultraviolette Automotive

Ultraviolette Automotive has received Rs 6 crore funding from TVS Motor Company.

13 Aug 2018 2:27 PM IST

Debt ridden telecom operator Reliance Communications on Thursday said it expects to reduce debt by around Rs 25,000 crore as the Supreme Court has lifted stay on sale of assets of the company.

RCom reinstates bank guarantees worth Rs 774 cr with telecom...

Reinstatement of bank guarantees will ensure that the company's licence and spectrum value of Rs 11,300 crore stands...

13 Aug 2018 2:18 PM IST

the Hero Xtreme 200S, Hero MotoCorp will also come up with a 250 cc motorcycle, after launching this 200 cc offering.

Hero MotoCorp set to begin sales of Xtreme 200R priced at Rs 89,900

The company is re-entering the premium motorcycle segment and plans to launch more such models.

13 Aug 2018 1:51 PM IST

Paytm Payments Bank is one of major digital payments banks in India. (Photo: PTI)

5 tech strong companies disrupting the payments space in India

The payments segment has been the most funded within the Indian fintech landscape, riding on the wave of demonetisation.

13 Aug 2018 1:41 PM IST

The rating agency noted that losses were reported at 19 of the 21 state banks in FY18, including State Bank of India (SBI), while earnings at the large private banks also came under significant pressure, with Axis Bank reporting its first-ever quarterly loss.

'Banking sector outlook to stay negative till capital positions...

Fitch said the USD 151-billion stock of bad loans remains a risk for the sector's weak income base.

13 Aug 2018 1:29 PM IST

Samiuddin denied allegations of cow slaughter and said he was a farmer with no history of cases of cow theft or slaughter. (Photo: Screengrab | Twitter @imMAK02)

Protect Hapur lynching survivor, file status report in 2 wks: SC to UP...

Supreme Court directed Meerut IGP to conduct inquiry into Hapur lynching case and file status report within two weeks.

13 Aug 2018 1:26 PM IST

The finance ministry is considering writing to markets regulator Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.

Sebi comes out with list of 1,677 defaulters

The defaulters include individuals as well as companies that failed to pay fines for various offences related to the...

13 Aug 2018 1:15 PM IST

The quantity of gold smuggled was higher earlier, but the gants were playing safe and bringing gold in lesser quantities. (Representational image)

Gold futures rise 0.28 per cent as speculators widen bets

Gold is trading at Rs 30,055 per 10 gram as speculators raised bets despite a weak trend overseas.

13 Aug 2018 1:05 PM IST

Sri Lanka will build a second refinery with a capacity of at least 100,000 barrels per day (bpd) in a tie-up with Indian Oil Corp. (Photo: AFP/File)

Indian Oil Corp will invest Rs 20,000 crore in city gas projects

It owns a third of India's oil refining capacity and has 44 per cent market share of fuel business.

13 Aug 2018 1:04 PM IST

In May last year, Ola had launched its first electric vehicle project in Nagpur.

Ola hires Ben Legg as MD for UK operations

Ola will be the only ride-hailing app in the UK that offers passengers the option of PHVs and Black Cabs.

13 Aug 2018 12:53 PM IST

The number of women on boards does not tell the full story of what workplaces look like deeper inside company, or across an industry. (Photo: Pixabay)

New age technology changing workplace drastically

While automation will eliminate some jobs, it will also create some jobs that will support the â€œautomation economyâ€.

13 Aug 2018 12:27 PM IST

Edelweiss is also absorbing the high quality investment team of these funds who bring over a decade of rich experience in Commercial Real Estate (CRE).

Edelweiss to acquire 2 funds of Milestone Capital Advisors

Edelweiss Group currently manages customer assets of over USD 26 billion, of which EAAA, has over USD 2 billion of...

13 Aug 2018 11:36 AM IST