Home » India » Delhi » New Delhi

New Delhi - Page 2200

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.

Govt notifies changes in Banking Regulation Act

The banking sector is saddled with NPAs of over Rs 8 lakh crore of which Rs 6 lakh crore PSBs.

27 Aug 2017 2:05 PM IST

The missile system will be produced by premier defence research organisation DRDO in collaboration with the Israel Aerospace Industries (IAI), said army official. (Representational Image | AP)

Medium range missile to boost Army's air power by 2020

The Defence Research and Development Organisation has signed a Rs 17,000 crore deal with IAI for the ambitious project.

27 Aug 2017 1:54 PM IST

Three years and three weeks after his surprise appointment as the first CEO and managing director of Infosys, who was not also a founder, Vishal Sikka has given up his post.

Away from boardroom blues, Infosys employees focus on 'Next Big Idea'

Infosys also held marathon investor calls and a press meet within hours of Mr Nilekani taking over on the evening of Aug...

27 Aug 2017 1:52 PM IST

SAIL too is a state-owned firm and is a prime consumer of coking coal as well as a major customer of CILs metallurgical coal.

Task force working on biz model for SAIL-ArcelorMittal JV

Govt had earlier said the proposed auto-grade steel plant would be set up close to an automobile hub.

27 Aug 2017 1:38 PM IST

The Karnataka Development Authority has instructed the banks that a Kannada unit must be established in all the branches. (Photo: PTI/Representational)

PSU banks take recovery action against 5,954 wilful defaulters

Total outstanding loans due to public sector banks by wilful defaulters amounted to Rs 92,376 crore

27 Aug 2017 1:15 PM IST

FDI inflows into India firmed up by 22 per cent to USD 35.85 billion during April-December 2016.

Strong FDI inflows to support rupee against US dollar: UBS

FDI inflows to India have nearly doubled over past decade to USD 42 billion as of 2016-17.

27 Aug 2017 1:02 PM IST

Former chief financial officer of Infosys, V Balakrishnan.

Nilekani must stay at Infosys for 2-3 years, Ravi needs to go:...

Re-constitution of the board and having checks and balances in place will create a lot of comfort for incoming CEO.

27 Aug 2017 12:31 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August. Photo: PTI

Growth worries spook FPIs, August net equity outflow at $2 bn

FPIs have ploughed in over Rs 13,000 crore in debt markets during this period.

27 Aug 2017 12:22 PM IST

Jan Dhan, Aadhaar, mobile ushered in a social revolution: Jaitley

1 billion unique Aadhaar numbers linked to 1 billion bank accounts and 1 billion mobile phones.

27 Aug 2017 12:15 PM IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

MF houses approach Sebi with 85 new proposals so far in 2017

Sebi's move towards paperless online mechanism for registration for MFs will turn into a boon for sector.

27 Aug 2017 12:04 PM IST

Indian ships saw a sharp decline in their share in carriage of countrys overseas trade.

India, EFTA give shape to free trade agreement, to meet soon

Two-way trade between regions dropped to USD 19 billion in 2016-17 from USD 21.5 billion in 2015-16.

27 Aug 2017 11:53 AM IST

Sensex, Nifty each lost over 1 per cent on Friday amidst fears of a US-North Korea war. (Photo: PTI)

Six of top-10 most valued cos lose Rs 13,799 crore in m-cap

From the top-10 list HUL's valuation slumped Rs 4,491.26 crore to Rs 2,55,179.55 crore.

27 Aug 2017 11:36 AM IST