Integrating 28 companies and brands globally -- including Dimension Data, NTT Communications, Netmagic Solutions, NTT Security and Arkadin -- the new $11 billion NTT Ltd company from Tuesday began its operations in India. Netmagic and Dimension Data are the two big companies with huge operations in ...
The loan irregularities at the Punjab and Maharashtra Co-operative (PMC) Bank raises questions on the roles of regulator (RBI), auditor, independent directors and bank directors, Minister of State for Finance Anurag Thakur said on Monday and added that the government will look into all the areas because eventually it is going to impact ...
Petrol and diesel prices are up again - petrol by 7-8 paise and diesel by 9-10 paise, according to data from Indian Oil Corporation. Petrol is selling at Rs 74.42 a litre, while diesel price rose to Rs 67.33 a litre in Delhi on Monday even as international crude oil prices stabilised after the ...
Shares of Lakshmi Vilas Bank hit the 5 per cent lower circuit on Monday after the Reserve Bank of India (RBI) initiated Prompt Corrective Action (PCA) against it on account of its high non-performing assets (NPA) among other issues. It hit the lower circuit right at the start of the trading session and fell ...
The key Indian equity indices opened on a negative note on Monday, with the BSE Sensex trading over 300 points lower. The domestic stock market traded in tandem with the Asian markets following reports that the US was considering delisting Chinese companies from the ...
In a move to contain surging onion prices, the government on Sunday prohibited the export of all varieties of onions with immediate effect and imposed stock limits on onion traders. "Export policy of onion for the item description at Serial Number 51 and 52 of...
American fashion retailer Forever 21 has filed for bankruptcy, adding that it planned to "exit most international locations in Asia and Europe", the media reported on Monday....
US stocks ended lower, wrapping up the week on a negative note, as Wall Street parsed a slew of mixed data, including those related to consumer spending and durable goods, which offered clues for investors to assess the health of the US economy. The Dow Jones Industrial Average decreased 70.87 points, or 0.26 per cent, to ...
Reliance Capital Ltd. on Friday announced successful completion of 21.54 per cent stake in Reliance Nippon Life Asset Management Ltd (RNAM) to Nippon Life Insurance of Japan (Nippon) for sale proceeds of Rs 3,030 crore ($430 million), pursuant to binding definitive agreement signed on May 23, 2019....
The United Nations Food and Agriculture Organisation is striving to develop a new business model based on science, data, transparency and accountability that fosters strong partnerships with the private sector, FAO Director-General Qu Dongyu said on Friday....
