Business
Arun Jaitley to leave for Australia on March 28, to address Make in India conference
On the first leg of his official visit in Sydney, the minister will have an interactive session at S P Jain School of Global Management and inaugurate the Sydney branch of Union Bank of India. He will also meet with Julie Bishop, Minister for Foreign Affa...
Start-up funding being explored for oil, gas sector: Pradhan
"PSUs, in consultations with the petroleum ministry, are planning the creation of a start-up fund for the oil and gas industry," Pradhan said.
No bids for Vijay Mallya's Kingfisher House in Mumbai, auction fails
The consortium had evaluated the base price of the Kingfisher House at Rs 150 crore and bid increment amount was Rs 5 lakh.
Petrol turns dearer by Rs 3.07 a litre, diesel up Rs 1.90
Petrol in Delhi will cost Rs 59.68 per litre from Wednesday mid-night as against Rs 56.61 currently, said Indian Oil Corporation.
Grant Thornton's overvaluation of Kingfisher Airlines under probe
According to sources, the SFIO is probing how the company came to the valuation at a time when Kingfisher was incurring heavy losses.
ED summons former IDBI chairman Yogesh Agarwal in Kingfisher loan case
The Enforcement Directorate on Tuesday summoned former IDBI chairman Yogesh Agarwal in connection with the Kingfisher loan case.
Loan default case: ED quizzes Kingfisher Airlines' ex-CFO
The ED had issued summons to officials of the IDBI bank and Vijay Mallya-owned KFA under provisions of the Prevention of Money Laundering Act.
Rupee recovers 14 paise to end at 67.21 against dollar
The rupee resumed lower at 67.45 per dollar against Tuesday's closing level of 67.35 at the Interbank Foreign Exchange (Forex) market and dropped further to 67.51 on initial dollar demand from banks and importers.
Sensex rallies 135 points on late-buying, Nifty retakes 7,500
Maruti Suzuki surged 4 per cent to Rs 3,600 after the carmaker launched its much-awaited 'Vitara Brezza'. Others that supported the uptrend include L&T, ONGC, Hindustan Unilever, BHEL, RIL, Axis Bank and Infosys.
2-day Haryana investors summit to start in Gurgaon on Monday
Finance Minister Arun Jaitley will be the chief guest at the inaugural session while Haryana CM Khattar will deliver the keynote address.
Sebi orders four companies to refund investors money
Four companies were ordered to refund investor's money by the market regulator SEBI after they failed to comply with the public issue norms.
Post-Budget rally adds up, Sensex gains 364 points
The broader NSE Nifty retook the 7,400-mark on Thursday. Finance Minister Arun Jaitley has chosen to maintain fiscal discipline in the Budget by limiting deficit target to 3.5 per cent of GDP for 2016-17.
SBI seeks Mallya's arrest in Kingfisher loan default case
SBI has moved four applications at the DRT in Bangalore, seeking impounding Mallya's passport, getting him arrested, securing the lenders' first right on the payout from Diageo and getting full disclosure of his assets in the country and abroad.
Bill Gates richest man in world, Mukesh Ambani at 36th: Forbes
Forbes said Ambani has retained his position as India's richest person despite shares of his oil and gas giant Reliance Industries taking a hit due to lower oil prices.
Small mutual fund distributors exempted from service tax
The government has proposed to exempt service tax levied on agents earning less than Rs 10 lakh commission annually.
