Clearing the air on Coal India Limited (CIL) board’s decision to not abide by government’s directive to cut down the amount of coal under e-auction, Piyush Goyal, minister for coal, power and renewable energy said the company never declined
The markets saw fresh highs in the week ended August 22, owing to aggressive institutional buying, buoyed by Prime Minister Narendra Modi's maiden Independence Day speech; easing Wholesale Price Index (WPI)-based inflation; and declining crude oil prices.
Mahindra First Choice Wheels, the multi-brand used-cars offering from the Mahindra and Mahindra stable, is eyeing a significant increase in its footprint in the Punjab market.
According to the Daily Star, the Uttara Group, Bajaj Auto's local assembler, is set to build a Taka 150 crore plant, which will be operated and technically supported by Bajaj.
Aggressive institutional buying buoyed by Prime Minister Narendra Modi's maiden Independence Day speech, easing whole-sale price inflation and declining crude oil prices turbocharged the markets to fresh record highs in the week ended August 22.For
Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled US mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.The Federal Housing Finance
Saying Pearl Agrotech Corp Ltd (PACL) ran a collective investment scheme, mobilising about Rs 50,000 crore, the Securities and Exchange Board of India (Sebi) has asked the company to refund investors and wind up operations.
India Inc’s coveted club of companies with market capitalisation (m-cap) of more than Rs 1 lakh crore now has 18 members.
The Reserve Bank of India (RBI) on Friday came out with a new regime for liquidity management to keep overnight rates close to the repo rate and entice banks to do more efficient liquidity management.
The country's largest carmaker, Maruti Suzuki India Limited (MSIL), is likely to seek minority shareholders’ approval for developing manufacturing facilities in Gujarat through a wholly-owned subsidiary of parent Suzuki Motor Corporation (SMC)
US apparel retailer GAP has entered India through a franchise agreement with Arvind Lifestyle Brands, a unit of textile and retail major Arvind.
Policy changes and a provision for guaranteed returns must be put in place to boost infrastructure development, which requires large-scale funding, said Larsen & Toubro (L&T) Chairman A M Naik.
Low-cost airline SpiceJet is under the scanner of the income tax (I-T) department for suspected violations of TDS (tax deducted at source) and non-distribution of Form-16 to its employees, a Central Board of Direct Taxes (CBDT) official said on
Maruti Suzuki on Friday said it would convert all contract workers at its factories in Gurgaon and Manesar to permanent or temporary staff over the next two years.
ICICI Bank, in a move to take ahead its financial inclusion strategy, is planning to add another 1.5 million bank accounts in this financial year.
The old 10-year government bond has continued to be the top traded security in terms of volume, even after almost a month from the date of issue of the new bond, considered the new benchmark security.