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Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

Flipkart commits $500 mn investment in payments arm PhonePe

Commitment is in addition to USD 75 million infused by Flipkart in PhonePe since the acquisition in 2015.

12 Oct 2017 7:54 AM

Sanjeev Sanyal, principal economic adviser at the Finance Ministry.

Govt adviser says consolidation may lead to 10-15 state banks

The government may cut its stakes in state-run banks to 52 per cent.

6 Oct 2017 5:37 AM

Last year, Aviva India tied up with CII to service its vast membership of SMEs and hoped to reach out to the 1.5 million-strong segment with tailor-made products.

Aviva India sees green shoot emerging in SME focus

Aviva India has over 5 lakh customers and registered premium income of Rs 466 cr in April-Sept period.

22 Nov 2017 7:06 AM

Reliance Industries limited

RIL raises USD 800 mn via 10 year bonds at lowest rate

Company's debt swelled to Rs 2,14,145 crore at end of September as compared to Rs 1,96,601 crore.

21 Nov 2017 6:55 AM

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India Inc raises over Rs 36,000 cr via QIP in April-September

In comparison, firms had mopped-up Rs 2,818 crore in April-September period of 2016-17.

5 Nov 2017 10:35 AM

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

FPIs can buy corp debt limit worth Rs 9,500-cr in infra sector

Till September 22, foreign investments in rupee denominated bonds were Rs 32,381 crore

29 Sept 2017 11:51 AM

Raghuram Rajan had cautioned the government that short-term costs of a radical ban of high-value currency notes would outweigh the long-term benefits. (Photo: AP) (Photo: PTI)

Rajan says govt could sell some assets to fund ailing PSU banks

RBI have been trying to ease the burden on state-run lenders, which account for 70 per cent of all lending.

9 Sept 2017 10:25 AM

With 12 seats in first class, 26 in business and 385 in economy class, the Jumbo plane will operate one flight per day each to Kolkata and Mumbai from New Delhi between October 16 and October 21, Air India said in a statement. (Photo: File | AFP)

Air India revives plans to raise Rs 500 cr; to mop up Rs 6,100 cr from...

Air India is to receive a budgetary support of Rs 30,231 crore over a 10-year period ending March 2021.

20 Nov 2018 10:34 AM

With 12 seats in first class, 26 in business and 385 in economy class, the Jumbo plane will operate one flight per day each to Kolkata and Mumbai from New Delhi between October 16 and October 21, Air India said in a statement. (Photo: File | AFP)

From time to time, govt is providing support to Air India: Choubey

The airline's accumulative losses stood at Rs 47,145.62 crore in financial year 2016-17.

19 Nov 2018 11:46 AM

SBI is Indias largest public sector lender. (Photo: PTI)

SBI to raise Rs 20,000 cr for affordable housing, infra

Bank did not specify whether the borrowing would be in rupee denomination or foreign currency.

18 Jan 2018 5:06 AM

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

Govt lowers additional borrowings to Rs 20,000 crore in FY18

Government has reassessed additional borrowing requirements taking note of revenue receipts and expenditure pattern.

17 Jan 2018 5:48 AM

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC surges over 6 pc as board approves fundraising plan

The stock surged to a high of Rs 1,876.80, up 6.56 per cent over its previous closing price on BSE.

15 Jan 2018 7:25 AM