Vodafone Idea scrips on Tuesday plunged over 16 per cent to trade below Rs 3 a stock after India Ratings downgraded its rating on non-convertible debentures of Rs 3,500 crore citing stress on the company's near-term liquidity post the Supreme Court's ruling....
Indian Overseas Bank will approach Reserve Bank of India for withdrawal of PCA (prompt corrective action) framework once it starts making net profits even though the lender has already met the key criteria of below 6 per cent net NPA to be out of the restrictions, IOB MD & CEO Karnam Sekar has said....
Hero Motocorp will invest Rs 10,000 crore in research and development (R&D) in the next 5-7 years, Pawan Munjal, Chairman and Managing Director said on Tuesday....
Global technology company HCL Technologies (HCL) on Tuesday announced a new large contract with New Zealand dairy co-operative Fonterra to modernise and manage the entire technology infrastructure Fonterra employees around the world use everyday. ...
Shares of Network18, TV18, Hathway and Den Networks surged on Tuesday after Reliance Industries' announcement of consolidating the four entities into Network18....
Benchmark indices slipped after opening in the green on Monday....
The first AGR payment came to government as Airtel on Monday paid Rs 10,000 crore dues to the Department of Telecom (DoT)....
The Reserve Bank of India is currently examining if there is a need to bring any change in the monetary policy framework and that, if required, it will talk to the government, Governor Shaktikanta Das said on Saturday. ...
Finance Minister Nirmala Sitharaman has strongly denied quotes attributed to her by a report in The Print where she is quoted as snubbing industrialists and saying "I dont understand Bombay people"....
The US dollar inched up in late trading on Friday as US consumers' sentiment in February improved while the gross domestic product (GDP) in euro zone grew slower in the final quarter of 2019. ...
