Business
Not Hankering for Office, Fighting to Save Tata's Soul: Cyrus Mistry
Facing the axe from the board of Tata Group's crown jewel TCS, ousted chairman Cyrus Mistry on Tuesday said he is not hankering for office and his fight is to save the soul of India's largest conglomerate.
'Indo-China Trade Volume to Touch USD 65 Billion During 2016'
China Machinex is a global series of China products show annually held across nine counties - Brazil, Turkey, South Africa, Poland, Egypt, Kazakhstan, Jordan,UAE and India.
Sensex Gains 97 Points in Early Trade Ahead of Inflation Data
The benchmark BSE Sensex recovered almost 97 points in early trade on Tuesday on fresh buying by domestic investors ahead of inflation data to be released later in the day, even as markets fell overseas.
Banks to Ensure New Notes Deposit Reflect in Customer Counterfoils
According to the statement, the letter said that all the bank branches in the country be alerted to reflect correctly the cash deposit in old and new currency, and inform the customers about the same.
Vijay Singh Rejects Mistry's Charge on Role in AgustaWestland Scam
Vijay Singh vehemently denied ousted Tata Group Chairman Cyrus Mistry's allegations of having played a key role in the Rs 3,600 crore AgustaWestland VVIP choppers scam.
Rupee Takes a Pause After 3-day Rally, Down 6 Paise
Ending its three-day winning run, the rupee on Friday retreated from nearly a one-month high by falling 22 paise to 67.58 against the US dollar in early trade at the forex market on fresh demand for the American unit.
Sensex Rebounds 300 Points, Nifty Above 8,200 in Early Trade
The 30-share index was trading significantly higher by 314.05 points at 26,551.41 with all the sectoral indices led by metal, auto, PSU and capital goods trading in the green, rising by up to 1.64 per cent.
Cyrus Mistry Hits Back, Says Ratan Tata Doesn't Speak The Truth
It claimed that "five minutes before the Board Meeting scheduled on October 24, 2016, Mr. Nitin Nohria and Mr. Tata came to Mr. Mistry's room and told him that on that very morning, the trustees had taken a decision to replace Mr. Mistry ostensibly becaus...
Sensex Slips into Red as RBI Keeps Policy Rate Unchanged
The benchmark BSE Sensex slipped into negative terrain and plunged almost 228 points to 26,164.82 on selling pressure soon after the Reserve Bank surprisingly kept short term lending rate unchanged and lowered GDP growth rate to 7.1 per cent.
Ratan Tata Prevented Key Reforms in Tata Motors, Alleges Cyrus Mistry
The union leaders were paraded before the waiting media and Tata Motors did not get the benefit of a key work reform measure, he added.
We Need Rs 500 Notes to End Bank Queues: SBI
At least Rs 10 lakh crore must be in circulation for the long queues at banks to end but the pressing need is the missing Rs 500 currency, a top SBI official said on Monday.
FPI Outflows Hit $6 Billion in November on Cash Turmoil, Global Jitters
Foreign investors pulled out close to $6 billion from the capital market in November as anxiety gripped players over the impact of demonetisation amid mounting global concerns.
RBI Likely to Slash Rate by 25 Basis Points Next Week: Citigroup
Reserve Bank is expected to go for a 25 bps repo rate cut in its next week's policy review meet in view of downside risks to the economic growth, says a Citigroup report.
Bureaucracy, Corruption Main Hurdles For Companies in India: Report
The survey was conducted by the Norwegian Business Association India (NBAI) & Royal Norwegian Consulate General, Mumbai in collaboration with the Commercial section of Royal Norwegian Embassy, Delhi for the first time, to assess the current and near futur...
NHAI Suffers Rs 1,238 Crore of Toll Loss Post Demonetisation
Post demonetisation of currency notes of Rs 500 and Rs 1000, government has suspended user fee collection on National Highways with effect from November 9, 2016 (17:30 hrs), Minister of State for Road Transport and Highways P Radhakrishnan said in a writt...
RBI Restricts Withdrawal From Jan-Dhan Accounts to Rs 10,000 Per Month
The RBI, with a view to protect the innocent farmers and rural account holders of Pradhan Mantri Jan-Dhan Yojana from activities of money launderers, has decided to place certain limits on the operations in the PMJDY accounts.
