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The police seized the Mercedes, they are taking the help of the Regional Transport Office (RTO) to track down its owner and the driver. (Representational Image)

Daimler recalls hundreds of thousands of Mercedes-Benz diesel vehicles

Mercedes-Benz vehicles with so-called OM651 diesel engines meeting Euro 5 emission standards and has ordered Daimler to...

12 Oct 2019 11:11 AM IST

Citibank had used up about $10 billion in the last four years.

Citi pays USD 30 million fine to settle real-estate violations:...

Federal law limits the time a national bank may hold foreclosed and other real estate owned (OREO) assets.

12 Oct 2019 10:31 AM IST

Thomas Cook India Group. (Photo: Twitter)

Thomas Cook failure spurs UK to act on airlifting tourists home

The government was unable to use Thomas Cook aeroplanes and instead had to build what was in effect a temporary airline.

12 Oct 2019 10:26 AM IST

Infosys has become the latest major corporate to attract regulatory attention for alleged corporate governance lapses

Infosys clocks 9.8 per cent revenue growth in Q2

Infosys declared an interim dividend of Rs 8 per share with record date of October 24.

11 Oct 2019 11:41 PM IST

Indiabulls Real Estate posted a 95 per cent decline in its consolidated net profit at Rs 108.56 crore for the fourth quarter of the last fiscal as against Rs 2,181.13 crore in the year-ago period, according to a regulatory filing.

Indiabulls Real Estate announces share buyback worth Rs 500 crore

The buyback price is more than the double of the current share price, which is ruling at Rs 43.40 on the BSE.

11 Oct 2019 4:01 PM IST

Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.

TCS shares drop 4 per cent after Q2 results

The Tata Consultancy Services scrip declined 3.76 per cent to Rs 1,929 on the BSE.

11 Oct 2019 12:58 PM IST

The latest funding will also give us the impetus to strengthen our asset-light, low-cost and highly efficient logistics model.

DealShare raises USD 11 mn funding from Matrix Partners India, others

The company is also planning to expand its footprint to Maharashtra by the end of this month, it added.

11 Oct 2019 10:58 AM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

TCS flags challenging second half after missing profit estimates

TCS will now have 8.2 pc constant currency dollar growth in the full year which will be way below its double-digit...

11 Oct 2019 10:44 AM IST

Early this year, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance Ltd in a share-swap deal with an intent to create a combined entity with larger capital base and wider geographical reach.

Merger failure: Lakshmi Vilas Bank confident of raising capital

LVB is under the prompt corrective action framework of RBI since last month for low levels of capital buffers.

10 Oct 2019 5:24 PM IST

They will discuss legislative steps needed to prevent such incidents from happening and empower the regulator better, FM Nirmala Sitharaman said. (Photo: ANI)

PMC Bank: Sitharaman faces protesters; promises legislation

The depositors had gathered outside the BJP's office here ahead of FM Nirmala Sitharaman's scheduled press interaction.

10 Oct 2019 3:00 PM IST

The police arrested chief executive and an executive director of state-run Bank of Maharashtra on Wednesday, accusing them of misusing their authority in making loans to a property developer.

Bank of Maharashtra cuts MCLR by 0.10 per cent

Base rate has been kept unchanged at 9.50 per cent per annum.

10 Oct 2019 1:35 PM IST

Shares of DHFL were up 4.5 per cent at 128.80 rupees.

DHFL shares hit lower circuit as Edelweiss moves HC for recovery of...

DHFL, which has been severely impacted by the NBFC crisis which unfolded late last year following the IL&FS bankruptcy

10 Oct 2019 1:01 PM IST