Business

At the interbank foreign exchange the rupee opened at 71.65 then gained further ground and touched a high of 71.60.

Nirmala Sitharaman also urged bankers to give emphasis on branch-based banking and improve customer ease.

With $67 billion, Ambani is also the ninth richest in the world which is topped by Jeff Bezos of Amazon with $140 billion.

After plunging over 521 points during the day, the 30-share BSE gauge finally settled 392.24 points, or 0.97 per cent, lower at 39,888.96. Similarly, the broader NSE Nifty plummeted 119.40 points or 1.01 per cent to end at 11,678.50.

The latest data showed that during September 2017-December 2019, around 3.12 crore new subscribers joined the Employees' Provident Fund Scheme.

Yes Bank Ltd shares inched up 1.2% after ICRA cut bank’s issuer rating to A- from A with a negative outlook.

Such visits create a whole lot of goodwill and help develop trade, said SBI MD Dinesh Khara, adding treaty or no treaty, the confidence level itself generates enough amount of trade.

On Thursday, GMR Infrastructure said the French group would acquire 49 per cent stake in its airport business for Rs 10,780 crore, a deal that will help the domestic entity reduce its debt burden.

Bharti paid Rs 10,000 crore on February 17 to the Department of Telecommunications after the SC rejected telcos' petition to ascertain with the DoT the amount and timing of payment of regulatory dues related to the AGR dispute.

Terming the impact of the epidemic on India, whose exim trade with China is worth USD 115 billion in 2019, a report by Crisil on Thursday said it could be a mixed bag in the base case scenario of the virus finding its way out by next month as the winter f...

The 30-share BSE gauge settled 152.88 points, or 0.37 per cent, lower at 41,170.12. Similarly, the broader NSE Nifty slipped 45.05 points, or 0.37 per cent, to 12,080.85.

The proposed deal is aimed at building a strategic and long-term relationship with Axis Bank, which currently contributes more than 54% to Max Life’s revenue, the report added.

The 64-year-old former Kingfisher Airlines boss is appealing against his extradition order to India on charges of fraud and money laundering amounting to an alleged Rs 9,000 crores in unpaid bank loans.

According to the National Statistical Office (NSO) data, manufacturing sector output declined by 1.2 per cent compared to growth of 2.9 per cent in the same month a year ago.

The proposed NCDEX IPO will entail fresh issuance of equity shares worth Rs 100 crore, while also giving existing investors a window to exit through an offer of sale (OFS) of 1.45 crore shares.

BHEL on Tuesday said consolidated net profit fell 17% to Rs 161.81 crore for the December quarter compared with Rs 196.43 crore a year ago.