October 20, 2014 23:49 (IST)
State Bank of India is determined to carry on retail banking operations in the UK despite a recent crackdown by the Bank of England on the operations of foreign-owned banks in the country.
October 20, 2014 23:16 (IST)
Tata Consultancy Services, India's largest software exporter, has joined US-based Information Technology Industry Council (ITI), an IT services, consulting and business solutions organisation, it was announced on Monday.
October 20, 2014 22:49 (IST)
The government has set up a committee to frame bankruptcy law to enable entrepreneurs to close down unviable businesses.
October 20, 2014 22:41 (IST)
The scrapping of diesel price controls by the government opens the door for private sector refiners to return to a domestic retail market from which they have been excluded for years because they could not compete with state firms.
October 20, 2014 22:37 (IST)
The government promised on Monday to open up the coal industry to private players and moved closer to selling a stake in a state-run oil company, as Prime Minister Narendra Modi picked up the pace on economic reform days after relaxing fuel price controls.
October 20, 2014 22:25 (IST)
Brent crude slipped below $86 a barrel on Monday, resuming a downward move that took the global oil benchmark to near a four-year low last week as supply overwhelmed weak demand in several key markets.
October 20, 2014 21:16 (IST)
The government moved on Monday to open up its coal industry to commercial mining, signalling the most serious shift in 42 years toward allowing private players full participation in the sector.
October 20, 2014 20:34 (IST)
Telecom operators could get spectrum within 90 days after payment following a government panel asking the Department of Telecom (DoT) to work out a mechanism for allocating the airwaves to successful bidders in a reasonable period.
October 20, 2014 20:21 (IST)
Finance Minister Arun Jaitley on Monday signalled that the government may allow commercial use of mines in the future, but did not indicate when. The government is also using an executive order or Ordinance to acquire the land of nearly 214 coal blocks that were cancelled in September by the Supreme Court.
October 20, 2014 19:03 (IST)
Engineering firm Hindustan Construction Company (HCC) on Monday said it has bagged a contract worth Rs 393 crore contract from the Union Ministry of Road Transport and Highways.
October 20, 2014 19:03 (IST)
The government is mulling over reimposing some restrictions on gold imports after Diwali as higher inward shipments of the metal in the last few months have pushed up the trade deficit, a government official said.
October 20, 2014 18:46 (IST)
The government's decision to free diesel prices will give more space to the Reserve Bank (RBI) to slash interest rates earlier than expected, and also help in improving the overall finances of the country, according to a report by India Ratings.
October 20, 2014 18:22 (IST)
The Narendra Modi government may discuss much-needed reforms in the coal sector in a Cabinet meeting today, sources told NDTV. A decision on reforms in the coal sector may come after the government announced linking diesel prices to market rates and hiked prices of domestic gas over the weekend. The government needs to address the deficit in coal supply urgently to reduce import dependence and provide uninterrupted power to fuel a growing economy.
October 20, 2014 15:39 (IST)
In the largest office leasing deal, homegrown e-commerce giant Flipkart on Saturday agreed to take 3 million square feet of prime office space in Bangalore from realty firm Embassy group at an annual rent of Rs 300 crore.
October 20, 2014 15:31 (IST)
GATE 2015 application is through the online process only, and no hard copies of supporting documents are accepted. Payments have to be made through debit/ATM cards, credit cards or internet banking and e-challan only.
October 20, 2014 15:15 (IST)
With the government announcing increase in the price of domestically produced gas, state-run NTPC said the move will prove beneficial only if the power distribution companies buy the electricity produced from the plants consuming the costlier fuel.
October 20, 2014 14:18 (IST)
Gold prices recovered by Rs 75 to Rs 27,775 per 10 grams in the national capital on Monday, on the back of increased buying by jewellers and retailers amid the ongoing festive season and firming global trend.
October 20, 2014 13:53 (IST)
RIL will not get the benefit of the price rise for gas produced from its D1 and D3 gas fields.
October 20, 2014 12:54 (IST)
Axis Bank , which reported its second quarter earnings on Friday, was the top gainer on the banking sub-index on the BSE. Nomura on Monday raised its target price on Axis Bank from Rs 460 to Rs 490 citing a beat in its pre-provision operating profit (PPOP).
October 19, 2014 22:26 (IST)
Tax incentives are key to the success of real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), a senior Securities and Exchange Board of India official has said.