March 30, 2015 15:30 (IST)
Piramal Fund Management, a unit of Piramal Enterprises Ltd, on Monday said it would provide Rs 1,200 crore (about $192 million) in financing for a luxury residential complex in central Mumbai being developed by Omkar Group.
March 30, 2015 14:45 (IST)
Avantha Group company CG has bagged an order worth Rs 115 crore from central transmission utility Power Grid Corporation for supply of power equipment.
March 30, 2015 14:28 (IST)
Among Moody's rated banks, IDBI Bank has an especially high exposure to gas-based power plants and would be the key beneficiary of these measures.
March 30, 2015 13:15 (IST)
Another interesting anecdote Mr Naik shared was that when in the Powai office of L&T he sits in that same room, where he was interviewed 65 years ago.
March 30, 2015 09:14 (IST)
From April 1, train tickets can be booked in 120 days in advance (excluding the date of journey). For instance, as on April 1, 2015, tickets can be booked for trains up to July 28, 2015.
March 29, 2015 16:52 (IST)
There are about 15.3 crore LPG consumers in the country.
March 29, 2015 16:45 (IST)
Besides, the commerce and industry ministry has also proposed to increase the value of projects to be cleared by the Foreign Investment Promotion Board (FIPB) from Rs 1,200 crore to Rs 3,000 crore and the introduction of a composite cap which will include FDI, FII and other instruments in various sectors.
March 29, 2015 16:40 (IST)
The Foreign Direct Investment Promotion Board (FIPB), headed by Finance Secretary Rajiv Mehrishi, is scheduled to meet on April 9 take up the proposals, said the Finance Ministry.
March 29, 2015 16:10 (IST)
The government order follows auction of 33 mines in two tranches through which it garnered a massive Rs 2 lakh crore, surpassing CAG's estimates of a loss of Rs 1.86 lakh crore to the exchequer on account of allocation without auction.
March 29, 2015 12:09 (IST)
India contributed to 7 per cent of the global app downloads, ranking fourth behind Indonesia, China and the US, the report said.
March 29, 2015 11:06 (IST)
When you get past the noise and the smell, the unbearable heat, the G-force, the surprising physical exertion and, always, the constant threat of injury or death - auto racing, like much else, comes down to math. There is an optimal path around a racetrack, a geometric arc of least resistance.
March 28, 2015 20:30 (IST)
With uncertainty prevailing over Posco's Rs 52,000-crore mega steel project near Paradip, the Odisha government has said the ball is in the Centre's court with regard to raw material linkage for the South Korean firm.
March 28, 2015 14:52 (IST)
Anushka Sharma-starrer NH10 has so far recorded Rs 28 crore in estimated domestic box office collections, according to trade analyst Taran Adarsh.
March 28, 2015 14:41 (IST)
Oil tumbled 5 per cent on Friday, erasing the previous session's gains, as Yemen's conflict looked less likely to disrupt Middle East crude shipments and investors turned their focus to talks for a potential Iran nuclear deal that could put more supply on the market.
March 28, 2015 12:03 (IST)
India Inc is likely to witness attrition rates of up to 25 per cent in 2015, thanks to an upbeat job market and improved economy.
March 28, 2015 11:53 (IST)
The Reserve Bank of India (RBI) has proposed to lower the ceiling on how much a bank can lend to a single corporate group, in a move to curb risks in the banking sector at a time when bad loans are on the rise.
March 28, 2015 11:44 (IST)
Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector.
March 28, 2015 11:44 (IST)
South Korean steel giant Posco has sought refund from a rail line undertaking to be set up in partnership with Odhisa government citing change in company law but said it wasn't pulling out from the $12-billion steel project in the state.
March 28, 2015 11:31 (IST)
The Reserve Bank has revised regulations for non-banking finance lenders by directing them to get themselves rated by March 2016, and those failing to achieve investment grade ratings should not accept fresh deposits or renew older ones.
March 28, 2015 11:09 (IST)
The wholesale commodity markets remained closed in the national capital on Saturday.