Mukesh Ambani’s Reliance Industries shuts down its only oil field in the flagging KG-D6 block after production declined to nil.
RBI’s norms for co-origination of priority sector loans by banks, NBFCs to enhance flow of funds at competitive rates.
Shares of Graphite India opened 4 percent lower but soon recovered to trade 0.30 percent higher.
The company has lost its chief accounting officer and heads of human resources and communications this month.
DSP Mutual Fund sold DHFL’s ‘AAA’ paper at a yield demanded for debt with a higher risk.
Bank looking to raise nearly Rs 1,000 crore through stake sale in some of its non-core assets and real estate properties.
Dubai giant would take over bulk of its neighbor’s business.
KKR will acquire Life Healthcare’s stake in the hospital chain for Rs 2,120 crore
Uber CEO Khosrowshahi has made food-delivery business a top priority ahead of a planned IPO in the second half of 2019.
India’s regulators have entrenched incumbent managements at banks, and so the regulators have to step in to remove them.
Aston Martin has confirmed plans to build a hybrid supercar code-named “003.”
Sony is rolling out a mini version of its original PlayStation game console, seeking to tap in to the retro craze.
India’s rupee may be set to recover as oil peaks out and investors realize the currency has been sold off too heavily.
Digital assistants are not used much for shopping, but they have gone mainstream.
Pilots may have ‘forgotten’ to turn on a switch that controls cabin air pressure.
SBI will need two to three years to see gains from consolidation of its associate banks last year: Chairman
Level of investor interest in IPO is ‘unprecedented,’ CEO says.
IL&FS defaults would impact most of the institutional investors like mutual funds, pension funds and insurance firms, Moody’s said
Volkswagen doesn’t confirm, says only that it complies with all laws.
RBI follows government’s announcements made last week for curbing rupee fall.
Fees at Bank of America tumbled more than at any other major U.S. lender earlier this year in merger advisory.
The deal has been struck at an enterprise value of Rs 4,200 crore, according to people familiar with the matter.
The Takeover Panel is expected to announce the auction process as soon as today, one of the people said.
Sun Pharma announced that Almirall has received the EU approval for plaque psoriasis drug, Ilumetri.
Rupiah Set for Central Bank Relief as RBNZ Puts Pressure on Kiwi