May 24, 2015 18:36 (IST)
The Ashok alone incurred a loss of about Rs 13 crore in 2014-15, while other ITDC hotels together ran up losses of about Rs 15 crore.
May 24, 2015 15:20 (IST)
The idea is to set up a structure for quick sharing of information about unscrupulous borrowers and help banks fight bad loans.
May 22, 2015 16:37 (IST)
In line with a general weak trend, silver ready declined by Rs 180 to Rs 39,175 per kg, while weekly-based delivery advanced by Rs 95 to Rs 39,295 per kg on speculative buying.
May 22, 2015 16:28 (IST)
Technology giant IBM is planning to set up its second data centre in India to cater to the demand from various sectors including financial services and government.
May 22, 2015 16:23 (IST)
The Finance Ministry has sanctioned Rs 5,223 crore fuel subsidy for the January-March quarter to cover almost all of the revenue loss that the two retailers suffered on selling domestic cooking gas (LPG) and kerosene at government rates.
May 22, 2015 16:08 (IST)
In March, the market regulator announced an alternative investment platform targeted at the country's booming internet start-ups, relaxing some key requirements to encourage them to list at home.
May 22, 2015 15:36 (IST)
The move follows the recent successful auction of coal blocks for captive use to companies, which fetched the government over Rs 2 lakh crore.
May 22, 2015 14:55 (IST)
Oil and Natural Gas Corp, Oil India and GAIL (India) sell crude and fuels like cooking gas at discounted rates to partly compensate retailers for losses they incur on selling fuels at government-set cheaper rates.
May 21, 2015 22:09 (IST)
As it prepares a new regulatory framework for start-ups and alternative investments, the Securities and Exchange Board of India (Sebi) on Thursday set up an 18-member panel headed by IT czar N R Narayana Murthy to advise on policy matters in this regard.
May 21, 2015 22:09 (IST)
Ahluwalia Contracts (India) Ltd on Thursday said it has bagged orders worth Rs 676.36 crore for construction of institutional and residential buildings.
May 21, 2015 20:51 (IST)
The Cabinet also approved financial restructuring of Brahmaputra Valley Fertilizer Corporation by waiving the entire cumulative interest Rs 774.61 crore as on March 31, the Fertiliser Ministry said in a statement.
May 21, 2015 20:42 (IST)
Saudi oil minister Ali Al-Naimi said on Thursday that the kingdom envisaged the fact that fossil fuels could become unnecessary before the middle of the century and was investing in renewable energy for that reason.
May 21, 2015 19:27 (IST)
This inflow has helped in raising the assets base of mutual fund industry to Rs 11.86 lakh crore mark at the end of last month from Rs 10.83 lakh crore at the March-end.
May 21, 2015 19:07 (IST)
Airlines face a fresh probe for suspected cartelisation and for the alleged arbitrary hike in airfares, with the Competition Commission of India (CCI) saying it needs to get to the bottom of the issue.
May 21, 2015 16:34 (IST)
Country's largest lender State Bank of India today signed MoU with digital payments company PayPal for facilitating cross-border transactions.
May 21, 2015 16:22 (IST)
Gold prices remained steady on Thursday at Rs 27,650 per 10 grams at the bullion market on scattered buying from jewellers even as the precious metal strengthened overseas.
May 21, 2015 16:05 (IST)
The government is taking all steps to tackle any unforeseen situation arising out of below-normal monsoon this year and states are also alert on the matter, a top official said on Thursday.
May 21, 2015 14:05 (IST)
In March, courts had ordered civil aviation regulator to de-register 11 of SpiceJet's Boeing planes following disputes with three lessors.
May 20, 2015 23:33 (IST)
A government proposal to attract thousands of tonnes of gold owned by households into a bank deposit scheme will likely fail in its current form as it does not address some key concerns for banks and consumers.
May 20, 2015 23:29 (IST)
Gail has signed a preliminary deal with Shell for the potential sale of liquefied natural gas (LNG) supply sourced from its portfolio, made up of US production, three sources with knowledge of the matter said.