Business

The letter also sought to know whether there is any connection between the delay in annual filing with SEC and the resignation of erstwhile co-chairman Ravi Venkatesan from the board.

Earlier this month, the central bank had upped its retail inflation projection by 0.30 per cent and kept the policy stance in the neutral zone, even as it hiked the key rate by 0.25 per cent to 6.25 per cent.

As the Indian market continues to grow, 25 percent of all the brands in franchise mode is expected to be global as compared to about 13 percent at present.

The ED filed an application before a Mumbai court under the recently promulgated Fugitive Economic Offenders Ordinance that empowers it to confiscate all assets of an absconding loan defaulter.

The 21st aircraft, an Airbus A320 Neo plane landed at Delhi's Indira Gandhi International Airport at 0336 hours on Thursday, the airline said in a release.

"The additional capital will go a long way in supporting our growth plans over the next few years, especially in semi-urban and rural India," its deputy managing director Paresh Sukthankar said in a video message.

Retail inflation jumped to a four-month high of 4.87 per cent in May on costlier food items such as fruits, vegetables and cereals coupled with high fuel rates.

As per sources, Patel also informed the Standing Committee on Finance that RBI is in communication with the government for discontinuing the practice of appointing RBI nominees on boards of PSBs to avoid to any conflict of interest between the regulator a...

Prime Minister Modi had detailed discussions with President Xi on bilateral and global issues on the sidelines Shanghai Cooperation Organisation (SCO) summit here.

Forex dealers said increased demand for the US currency from importers as also the greenback's gains against rivals overseas put pressure on the rupee.

Bayer will remain the company name. Monsanto will no longer be a company name. The acquired products will retain their brand names and become part of the Bayer portfolio.

A top official of the bank said that they had earmarked Rs 50 crore to invest in fintech startups but will be modifying the rules in order to plough-in the money.

The government does not want to cut excise duty and is looking at alternative means to reduce petrol and diesel prices that had on Tuesday touched an all-time high of Rs 78.43 per litre and Rs 69.31 a litre respectively.

Bayer, based in Leverkusen, Germany, and Monsanto, headquartered in St Louis, Missouri, are two of the largest agricultural companies in the world.

As of Monday, the price of petrol was Rs 78.27 per litre and diesel was Rs 69.17 per litre. Cities like Mumbai paid a staggering Rs 86.08 per litre of petrol.

According to experts, the IPO market will continue to see hectic activity as over a dozen firms are awaiting Sebi's nod to launch their public issues.