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Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

Reliance Infratel withdraws petition for permission of asset sales

The RCom group firm's petition was also backed by public sector lender SBI at NCLAT.

29 May 2018 5:48 PM IST

Fortis Healthcare on Tuesday decided to initiate a fresh, time- bound bidding process for its sale and terminated the offer from Munjal-Burman combine that was earlier accepted by the companys board.

Fortis Healthcare initiates fresh bidding process for sale

As per the latest timeline, binding bids should be submitted on June 14 between 8.30 am to 9.30 am.

29 May 2018 5:23 PM IST

SC stays death penalty of man convicted of raping, killing 11-yr-old...

Besides Satish, the execution of another convict in the case was stayed by the Supreme Court last week.

29 May 2018 4:42 PM IST

Current years profit is less due to non-repeatable high investment income recorded in the previous financial year.

Max Life FY18 net profit down 20 per cent at Rs 528 crore

Insurer's solvency ratio was at 263 per cent, significantly higher than the regulatory requirement of 150 pc.

29 May 2018 4:41 PM IST

Air Asia Group CEO Tony Fernandes allegedly lobbied with government servants for clearances, removal of existing 5/20 rule of aviation and change in regulatory policies, CBI alleged. (Photo: AP)

Air Asia CEO, others booked for violating norms to get international...

The case relates to alleged violation of norms for relaxation of 5/20 rules in aviation sector to get licenses for...

29 May 2018 3:59 PM IST

The CBI on Wednesday questioned Vikram Kothari, and his son at its headquarters in Delhi. (Photo: File)

ED attaches assets worth Rs 177 crore in Rotomac bank fraud case

The ED alleged that these assets were the 'proceeds of crime' of the illegal act of money laundering.

29 May 2018 3:31 PM IST

EEPC India on Monday said Indias exports grew by 17 per cent to USD 76 billion in financial year 2017-18.

India's exports seen hitting USD 350 billion in 2018-19: trade body

FIEO also hopes India will actively engage with the United States to protect local industry's interest.

29 May 2018 3:23 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

WB to provide USD 21.7 mn loan for Rajasthan financial management

As per the statement, the objective of the project is to contribute to improved budget execution.

29 May 2018 3:09 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

He's predator: Air India hostess accuses senior official of sexual...

In a letter to Union Minister Prabhu, the air hostess asked govt to appoint a neutral' investigation committee.

29 May 2018 2:48 PM IST

Gold prices fell by Rs 250 to Rs 30,750 per 10 grams in special Diwali Muhurat trading at the bullion market Thursday despite some token buying by jewellers.

Gold extends losses on subdued global cues, lacklustre demand

Silver recovered by Rs 70 to Rs 40,900 per kg on scattered enquiries from industrial units and coin makers.

29 May 2018 2:45 PM IST

The income-tax (IT) department continued its investigation on bank frauds attaching 14 bank accounts of Rotomac group.

ED attaches Rs 177 crore assets in Rotomac bank fraud case

The ED had filed a criminal case under the PMLA in this instance in February, based on a CBI FIR.

29 May 2018 2:39 PM IST

In an important step toward countrys energy security, state-owned oil explorer ONGC plans to double its gas production in the next 5-6 years.

ONGC nominates one director on HPCL board; wants common govt director

Till now HPCL had two government nominee directors - Rath and Sandeep Poundrik.

29 May 2018 2:36 PM IST