Business
EMI moratorium: SC seeks response on moratorium period interest, matter listed for July 17
June 12, 2020
EMI moratorium: SC seeks response on moratorium period interest, matter listed for July 17
New Delhi: The Supreme Court on Friday asked Solicitor General Tushar Mehta to convene a meeting of the Finance Ministry…
Mukesh Ambani gets 5.52 lakh shares in RIL rights issue
June 11, 2020
Mukesh Ambani gets 5.52 lakh shares in RIL rights issue
Billionaire Mukesh Ambani has got 5.52 lakh shares of his flagship firm Reliance Industries (RIL) in the just-concluded Rs 53,124…
Sensex opens over 100 points higher, turns choppy on profit-booking
June 9, 2020
Sensex opens over 100 points higher, turns choppy on profit-booking
New Delhi: Equity benchmark Sensex jumped over 100 points in early trade on Tuesday on optimism over reopening of the…
Airline sector: Recovery unlikely to be before 2023, says Moody’s
June 8, 2020
Airline sector: Recovery unlikely to be before 2023, says Moody’s
Air passenger demand globally will remain severely depressed in 2021 and will not see a substantial recovery before 2023, according…
Silver Lake raises stake in Jio Platforms to 2.08% for additional Rs 4,546.80 cr
June 6, 2020
Silver Lake raises stake in Jio Platforms to 2.08% for additional Rs 4,546.80 cr
New Delhi: Private equity firm Silver Lake has invested an additional Rs 4,546.80 crore in Reliance Industries’ digital arm Jio…
SBI Q4 net profit jumps four-fold to Rs 3,581 crore
June 5, 2020
SBI Q4 net profit jumps four-fold to Rs 3,581 crore
Bengaluru: State Bank of India (SBI), the country`s largest lender by assets, reported a more than four-fold jump in profit…
Facebook to acquire stake in Jio Platforms via Jaadhu Holdings
June 4, 2020
Facebook to acquire stake in Jio Platforms via Jaadhu Holdings
Facebook will acquire 9.9 per cent stake in Jio Platforms announced last month via a new entity — Jaadhu Holdings…
SBI, ICICI Bank cut savings deposit rates
June 3, 2020
SBI, ICICI Bank cut savings deposit rates
Mumbai: The country’s largest bank State Bank of India (SBI) and second largest private sector lender ICICI Bank have reduced…
Loan EMIs to get cheaper for borrowers, PNB cuts key lending rates
June 2, 2020
Loan EMIs to get cheaper for borrowers, PNB cuts key lending rates
New Delhi: Giving major respite to borrowers, country’s second-largest state-owned lender Punjab National Bank (PNB) has announced reduction in its…
Non-subsidised LPG rate hiked, aviation fuel up by Rs 11,000/kl
June 1, 2020
Non-subsidised LPG rate hiked, aviation fuel up by Rs 11,000/kl
New Delhi: Oil marketing companies have hiked the prices of non-subsidised cooking gas and aviation turbine fuel with effect from…