Flipkart co-founder Sachin Bansal invests Rs 650 crore in Ola

NEW DELHI: Flipkart co-founder Sachin Bansal has invested about Rs 650 crore in Ola, giving the…

RBI to prod banks to pass on rate cuts to borrowers

Many banks had increased their deposit rates in the third quarter anticipating a liquidity crunch. Earlier…

Ambuja Cement posts net profit of Rs 1,378 cr for Dec quarter

88 crore in the December 2018 quarter, benefiting from write-back of tax provisions relating to earlier…

RBI to transfer Rs 28,000 crore to government as interim dividend

NEW DELHI: The Reserve Bank of India ( RBI ) on Monday announced that it will…

PSBs, govt fund to own 51% in restructured Jet Airways

Sources say SBI-led lenders will convert Rs 600 crore loan into equity at Re 1, which…

DRL’s Duvvada unit cleared by FDA

The company on Saturday informed the bourses that it has received a written communication from USFDA,…

Rocket start-up Relativity quadruples resources in a year, adds former SpaceX leaders

Relativity Space fits squarely among those aspiring rocket ventures but with a twist: The three-year-old start-up…

First time in FY19, RBI becomes net buyer of dollars in Dec

The central bank bought $ 837 million and sold $ 230 millionthe spot market during the…

GMR set up sub-committee to consider demerger of airport biz

Hyderabad: In what could be a precursor to the GMR group clearing the decks for taking…

Pulwama terror attack: India hikes customs duty to 200% on all goods imported from Pakistan

NEW DELHI: Taking strong economic action against Pakistan following the, India Saturday raised the customs duty…

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