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The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

LIC, Orix, SBI to subscribe to Rs 4,500 crore IL&FS rights issue

IL&FS Financial Services defaulted on bank loans, including interest of Rs 284.5 crore to five banks.

29 Sept 2018 1:45 PM IST

India has the highest retail prices of petrol and diesel among South Asian nations.

Fuel prices continue to touch new heights, petrol costs Rs 90.75/...

In Mumbai, a litre of petrol has touched Rs 90.75 per litre (increased by Rs 0.22).

29 Sept 2018 11:03 AM IST

Bandhan Bank MD and CEO Chandra Shekhar Ghosh.

RBI clamps down on Bandhan Bank over owner's stake

Bandhan Bank is taking necessary steps to comply with licensing condition to bring down its main shareholder's stake to...

29 Sept 2018 10:58 AM IST

NCP general secretary Munaf Hakim said that he was following another party colleague, Lok Sabha MP Tariq Anwar, by resigning. (Photo: Facebook screengrab/ Munaf Hakim)

Another NCP member quits, says 'difficult' after Sharad Pawar...

NCP general secretary Munaf Hakim said that more NCP workers might follow suit.

29 Sept 2018 9:24 AM IST

Mirabai Chanu had complained of discomfort in her lower back in May. The injury has since puzzled doctors across the country, who are unable to diagnose the cause. (Photo: Twitter / IOA)

Mirabai Chanu set to miss World Championships

he has set her eyes now on the Tokyo Olympics.

29 Sept 2018 12:52 AM IST

Mike Tyson poses at a promotional event in Mumbai on Friday. (Photo:Rajesh Jadhav)

Mike Tyson comes calling

Boxing legend is on his first visit to India, plans to go to slums.

29 Sept 2018 12:52 AM IST

According to the provisional data released by the stock exchanges, foreign portfolio investors (FPIs) sold shares worth Rs 1,699 crore on Wednesday.

Markets post steepest monthly dip

At NSE, shares of the company tumbled 70.82 per cent to close at Rs 58.45.

29 Sept 2018 12:48 AM IST

The LIC board will meet on September 4 to decide on the modalities for increasing stake in debt-ridden IDBI Bank to 51 per cent, a move that will provide insurance behemoth entry into the banking space.

IDBI board to consider allotment of 51 per cent shares to LIC on Oct 4

IDBI Bank's scrip closed at Rs 50 on BSE, up 0.40 per cent.

28 Sept 2018 6:10 PM IST

Mr. Nitesh Khandelwal, Co-founder and CEO, QuantInsti

QuantInsti selects prometric as its Global Test Centre provider for...

QuantInsti, the leader in algorithmic and quantitative trading education, has selected Prometric, a market leader.

28 Sept 2018 5:23 PM IST

Indrani Mukerjea appears before Mumbai court to file her divorce. (Photo: Mrugesh Bandiwadekar)

Indrani Mukerjea admitted to JJ Hospital due to low blood pressure

This comes less than three months after she was admitted to the state-run hospital following a chest pain.

28 Sept 2018 5:23 PM IST

Rahul Easwar, the grandson of Sabarimala priest Kandararu Maheswararu, who died in May this year, said they were going for a review petition. (Photo: Facebook/ Rahul Easwar)

SC verdict 'unbalanced', will fight for lord Ayyappa's rights:...

SC lifted ban on entry of women in Sabarimala following a 20-year legal battle, ruling that patriarchy cannot be allowed...

28 Sept 2018 5:00 PM IST

YES Bank Chief Executive Officer Rana Kapoor

Will never sell my shares in Yes Bank, says CEO and MD Rana Kapoor

The RBI recently asked Rana Kapoor to quit the post by January next year.

28 Sept 2018 4:19 PM IST