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The RBI will continue to work to ensure that there are no market disruptions because of the redemptions through domestic liquidity operations and forex interventions.

Forex reserves on BoP basis jump by USD 21.6 bn in FY17: RBI

On nominal terms, the forex reserves surged by USD 9.8 billion, which was much lower than USD 18.5 billion jump in...

15 Jun 2017 9:10 PM IST

Axis Bank board okays Rs 5k cr capital raise on pvt placement

Axis Bank said it will list the debentures in the wholesale debt market segment of BSE and NSE.

15 Jun 2017 8:58 PM IST

HDFC Bank has decided to steeply raise the charges on certain transactions, capping cash component in others and also introducing charges on certain transactions from March 1.

HDFC to raise Rs 2,000 cr via debt, issue opens on Friday

The object of the issue is to augment the long-term resources of the corporation.

15 Jun 2017 8:41 PM IST

Flipkart hired about 1,500 people last year.

Flipkart-eBay India deal gets CCI nod

The transaction relates to the acquisition of 100 per cent share capital of eBay India by Bangalore based e-commerce...

15 Jun 2017 8:26 PM IST

BSNL to replace all 2G sites with 3G and roll out 4G services

BSNL introduces 4 GB mobile broadband per day for Rs 444

Under the scheme, one gigabyte of 3G mobile data will cost less than a rupee -- the lowest in the sector.

15 Jun 2017 8:03 PM IST

Hindustan Petroleum

Petrol price cut by Rs 1.12 a litre, diesel by Rs 1.24/litre

This is the last of the fortnightly revisions after which daily correction in rates will step in.

15 Jun 2017 7:48 PM IST

Priyanka Chopras Baywatch had released recently.

Priyanka Chopra declared world's most popular actor on social media

She is more popular than her Baywatch' co-star Dwayne Johnson and Wonder Woman' Gal Gadot on social media.

15 Jun 2017 7:46 PM IST

Representational Image.

Havells India to issue Rs 150 cr commercial paper to Yes Bank

The tenure of the security is 90 days and the proposed date of allotment is June 20.

15 Jun 2017 7:29 PM IST

Rating agency Fitch

Fitch affirms NTPC rating at 'BBB-' with stable outlook

Fitch also affirmed NTPC's senior unsecured rating of 'BBB-', and the 'BBB-' ratings on its USD 4 billion medium-term...

15 Jun 2017 7:05 PM IST

The progress of the monsoon and expectation about the passage of goods and services tax (GST) and India Incs earnings recovery also helped the markets to maintain their winning momentum at higher levels.

India Inc's overseas investment drops 56% in May

The Indian businesses' foreign investment also saw a decline on monthly basis as compared to USD 3.15 billion in April...

15 Jun 2017 6:51 PM IST

Indian Oil Corporation

Indian Oil launches control rooms to monitor daily fuel price...

The control rooms will address technical glitches or system issues that may be arising at the dealer's end.

15 Jun 2017 6:31 PM IST

Manufacturers are cutting down production ahead of the GST rollout due to lack of clarity on tax rates.

GST rules for cell towers a 'regressive' step: TAIPA

The government has increased tax rate under GST on telecom services from 15 per cent to 18 per cent.

15 Jun 2017 6:18 PM IST