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-
Six coal mines under allotment process: Govt
The ministry had started allotment process for 15 coal mines for various specified end-use such as in power and ironsteel sectors. -
NPPA hikes ceiling prices of 21 formulations by 50%
Most of these drugs are used as first line of treatment and are crucial to the public health program of the country. Many companies have applied for discontinuation of the product on account of unviability. -
China, US agree on text of phase one trade deal to end trade war: Chinese official media
China and the US have been locked in a longstanding trade war that has threatened to roil the global economy. -
RBI Central Board discusses functioning of co-operative banks
The Central Board headed by RBI Governor Shaktikanta Das also discussed the current economic situation, as well as the domestic and global challenges facing the country, the central bank said in a release. -
Betting big on its upcoming facility in Gujarat, Ascent Meditech sets ambitious revenue target
Rajiv Mistry, Founder and Managing Director of Ascent Meditech, said the company purchased 12 acres of land in South Gujarat to set up the new facility. -
Yes Bank expects third quarter to remain subdued, sees some improvement in revenue in Q4
Yes Bank had posted a consolidated net loss of Rs 629.1 crore for the September 2019 quarter due to a spurt in bad loans. -
Wall Street flat with all eyes on China news briefing
Wall Street opened lower after President Donald Trump said a report about a trade deal with China was completely wrong, dashing hopes that the two sides would arrive at an agreement in time to avoid new tariffs scheduled for Sunday. -
Variable pay to eat up 50-55% of India Inc salaries from 2020
A rise in variable pay directly means that the yearly in-hand compensation could be much lower. -
Forex reserves soar $2.3 bn to touch all-time high of $453 bn
In the reporting week, the rise in reserves was mainly on account of an increase in foreign currency assets, a major component of the overall reserves, which surged by $1.891 billion to $421.258 billion, according to the data. -
Restaurants may hike prices if onion remains costlier: AHAR
Onion prices had touched Rs 160-170 per kg in local vegetable markets across Mumbai and its suburbs over the last week. -
A look at top equity schemes that saw highest inflows
In terms of outflows, Franklin India Bluechip Fund saw most outflows in 2019 until October-end. -
CCI approves stake buy in SBI General Insurance by Napean Opportunities, Honey Wheat
The transaction involves acquisition of 16.01 per cent paid-up share capital of SBI General Insurance by Napean Opportunities and 9.99 per cent by Honey Wheat Investment Ltd, the CCI said in two separate statements. -
Gold slips Rs 103 to Rs 37,827 per 10 gram, down 0.91% for the week
The precious metal came in further pressure after US President Donald Trump’s comment that trade deal with China is very close lifted investor appetite for riskier assets. -
Exports contract marginally to $25.98 bn in November
The exports in November last year were $26.07 billion, while the import bill stood at $43.66 billion. -
NCL aims coal production of 115 MT by FY24, to stop road evacuation
The Coal India subsidiary with the highest growth of 9 per cent transports 17 million tonnes of coal per annum by trucks. -
Corp Affairs Ministry reviews ILFS resolution progress
After the crisis at diversified ILFS came to light last year, the ministry had superseded its board and since then various measures have been taken to address the issues as well as repay outstanding dues of the group. -
Moneycontrol Ultimate Business Quiz #76: Test your knowledge
Take a shot at the Moneycontrol Ultimate Business Quiz. Check how many you get right. -
AU Small Fin Bank raises Rs 525 cr from Temasek arm Camas Investments Pte
Temasek has invested the money through the conversion of its 1.01 crore warrants. -
Buzz everywhere, other than in my office: FM Nirmala Sitharaman on GST rate increase reports
Sitharaman addressed a press conference to enumerate on measures introduced during the Parliament#39;s winter session and progress on the economic steps taken so far -
Rupee pares gains to close flat at 70.83 against USD on crude price surge
The rupee opened strong at 70.54 and surged further by 33 paise to touch the day#39;s high of 70.50 to the US dollar, mirroring sharp gains in the stock markets. -
RIL arm acquires 51.78% stake in Asteria Aerospace for Rs 23.12 cr
The investment will further enable the group#39;s initiatives in emerging technology, it added. -
Oil hits three-month high as trade hopes, UK election lift sentiment
US sources said on December 13 that Washington has set its terms for a trade deal with Beijing, offering to suspend some tariffs on goods and cut others in exchange for Chinese purchases of more American farm goods. -
I-T Dept issues tax refunds of Rs 1.57 lakh cr till November: Revenue Secy
At a press conference called to disclose impact of steps taken to boost consumption in the economy so as to uplift growth from a six-year low, Pandey said tax refund cases have gone up by 17 per cent to 2.16 crore. -
In-Depth | When onion made India cry: How onion price rise affects politics, business and the common man
Onion – an ordinary vegetable – is a crucial political commodity given its long-standing history of overturning governments in India. -
Simplex Infra#39;s rating downgrade dents NAV of HDFC Credit Risk Fund by 30 bps - Is there more pain in the offing?
HDFC Credit Risk Debt Fund had an exposure of Rs 124.11 crore to the secured non-convertible debentures (NCDs) issued by Simplex Infrastructures -
TCS share price up 2.43% after Shapoorji Pallonji Group sells more shares in open market: Report
The move is part of SP’s asset monetisation plan to deal with its Rs 30,000 crore debt. -
Indian airlines likely to post loss of over $600 mn in FY20: Report
Currently, there are four budget carriers and two full service airlines -- IndiGo, GoAir, SpiceJet, AirAsia India, Vistara and Air India. -
Magma Fincorp raises Rs 350cr via private placement of NCDs
This investment by FMO, a Dutch Entrepreneurial Development Bank is under Voluntary Retention Route (VRR) for investment in the country#39;s debt by FPI. -
India#39;s largest security firm SIS#39; unique growth plan is out-of-the-box
Along with security solutions, SIS is gunning for pole positions in facilities management and cash management businesses too. None, globally, has done this -
India#39;s largest security firm SIS is aiming for global dominance
Along with security solutions, SIS is gunning for pole positions in facilities management and cash management businesses too. None, globally, has done this -
Budget 2020 likely to be presented on February 1: Report
February 1 is a Saturday and usually the Budget is never presented on that day, but in 2015 the National Democratic Alliance government had broken with this tradition -
NHFC crisis poses more bad loan risks for banks: Report
The spillover of stress among NBFCs to borrowers, and ultimately to banks, will hinder improvements in banks#39; asset quality, profitability and capital, which is credit negative, says a report by Moody#39;s on Friday. -
GIC Housing garners Rs 200cr via commercial paper issuance
The company has allotted commercial papers worth Rs 200 crore on December 12, 2019 at a rate of 5.36 per cent for 56 days to ICICI Mutual Fund, it said in a regulatory filing. -
Centre may raise FPIs investment limit in govt bonds to 10%: Report
Entry into the global bond market would amplify investment inflows for India by as much as $50-125 billion -
SoftBank-backed Paytm raises $660 million
The board of One 97 Communications Ltd will allot about 2.6 million shares to the investors, financial data accessed by business intelligence platform Tofler dated December 12 showed. -
Ujjivan’s stellar listing: What next for investors and those who missed the bus?
Existing investors should build up positions on every decline and new investors should also gradually add Ujjivan Bank with an eye on the long term. -
Ujjivan stellar listing: What next for investors and those who missed the bus?
Existing investors should build up positions on every decline and new investors should also gradually add Ujjivan Bank with an eye on the long term. -
Maruti to add BS-VI diesel variants of Ciaz, Ertiga, S Cross, Vitara Brezza: Report
Maruti feels it will lose a sizeable market share if it vacates this space to rivals -
Yes Bank seeks SEBI exemption for its Rs 2,000cr QIP in Jan: Report
As per SEBI guidelines, there should be a gap at least six months before a company can raise a second QIP. The bank had earlier raised Rs 1,930 crore via a QIP in August -
IFIN statutory audit: NFRA says Deloitte Haskins failed to comply with auditing standards
Issuing its first Audit Quality Review (AQR) report, the watchdog has concluded that quality control system and processes of Deloitte Haskins and Sells LLP (DHS) are "severely inadequate and ineffective", according to an official release. -
Gold shines in 2019; Axis Securities sees yellow metal touching Rs 39,500/10 gm by March
Investors have reason to cheer as Katke feels prices may correct by Rs 700-1,000/10 gm by December-end. -
Recap 2019 | Here#39;s what made news in India#39;s corporate sector this year
Here are the most important changes that India Inc witnessed in 2019. -
Recap 2019 | Best performing IPOs of the year
A look at the top 10 initial public offerings (IPO) in terms of returns through the year. -
Recap 2019 | 10 CEOs who fell from grace this year
Here are some of the top corporate honchos who fell from grace due to their conduct— either personal or professional— this year