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The oil giant said it plans to sell 1.5 per cent of the company, or about 3 billion shares, at an indicative price range of 30 riyals to 32 riyals.

Aramco likely to give IPO roles to Citi, Goldman, HSBC: source

Aramco is preparing to sell up to a 5 per cent stake by 2020-2021.

9 Sept 2019 12:13 PM IST

SBI reduces interest rates on fixed deposits, home loans

SBI reduces interest rates on fixed deposits, home loans

The one-year MCLR will come down to 8.15 per cent per annum from 8.25 per cent per annum from Tuesday.

9 Sept 2019 11:09 AM IST

Joint venture between Japanese automaker Nissan and Chinas Dongfeng Group reported the most recalls mainly due to faulty brakes.

Crisis-hit Nissan CEO set to resign as board meets

Saikawa is suspected of improperly adding 47 million yen (USD 440,000) to his compensation by altering the terms of a...

9 Sept 2019 10:37 AM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

PNB puts up for sale 11 NPA accounts to recover dues of Rs 1,234 cr

The lender has invited bids from asset reconstruction companies (ARCs)/ NBFCs/ banks/ financial institutions for 11 NPA...

9 Sept 2019 10:06 AM IST

At present, Patanjali has 230 acres in non-SEZ and 60 acres within SEZ area of Mihan.

Patanjali to infuse Rs 3,438 cr in Ruchi Soya to settle dues

Ruchi Soya informed that resolution applicant Patanjali group will infuse Rs 204.75 crore.

9 Sept 2019 9:39 AM IST

Chhichhore poster featuring the entire cast.

Fox Star collaborates with Likee to promote upcoming movie Chhichhore

Through this collaboration, Fox Star Studios aims to create a unique bond between the Chhichhore movie.

9 Sept 2019 9:29 AM IST

Cafe Coffee Day chains are run by Coffee Day Enterprises.

Coffee Day Enterprises ropes in IDFC Securities to identify strategic...

IDFC Securities would also advise on refinancing of existing debt and raising additional facilities to repay debt.

7 Sept 2019 5:06 PM IST

Sebi orders forensic audit of Sun Pharma financial statements from...

Sun Pharma, however, did not provide any specific details on the reasons for the SEBI to order the forensic audit.

7 Sept 2019 12:08 PM IST

In a significant development in the ongoing war against bank fraud, Dubai authorities have reportedly arrested Nitin Sandesara, one of the co-accused in the Sterling Biotech loan fraud case amounting to Rs 5,383 crore.

ED needs to be satisfied over dues payments made by Sterling...

NCLAT also said the promoters will have to settle their case with the creditors within a specified period.

6 Sept 2019 6:11 PM IST

Auto players should take up GST rate cut demand with state FMs: MoS...

Automobile and component manufacturers have been seeking GST cut on automobiles to 18 per cent from 28 per cent

6 Sept 2019 3:09 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 Housing Finance shares tank 10 pc amid reports of PIL...

The scrip tumbled 9.31 per cent to Rs 406.20 -- its 52-week low -- on the BSE.

6 Sept 2019 1:45 PM IST

Auto component industry on Monday sought uniform 18 per cent GST across the sector stating that low taxation would lead to better compliance and larger tax base.

ACMA seeks uniform 18 per cent GST on all components

The auto components industry currently employs 50 lakh people and contributes 2.3 per cent to India's GDP.

6 Sept 2019 12:52 PM IST