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With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
RBI may agree on raising FPI limit on G-Secs to 6-7 per cent

RBI and the ministry are in the final stages of discussions for increasing the FPI limits from April 1, 2018.

2 April 2018 12:13 PM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.Business
Indian Oil plans USD 22 billion expansion over five years

IOC processed a record 1.38 million bpd crude at its directly owned plants in 2017-18.

2 April 2018 9:20 AM IST

Vedanta Resources chairman Anil Agarwal.Business
Anil Agarwal given more time to make firm offer for Vedanta Resources

Volcan on July 2 that it planned to offer minority shareholders 825 pence a share to acquire the 33.5 per cent of...

31 July 2018 9:13 AM IST

Harley-Davidson Street Rod 750Business
Harley-Davidson to spend up to USD 275 million to revive growth

Harley said it plans to develop a more accessible, small-displacement between 250cc and 500cc motorcycle for Asia.

30 July 2018 5:32 PM IST

State Bank of IndiaBusiness
Fixed term deposits in SBI to now emanate higher interests

The revised rate which comes into effect from 30th July, 2018, will be applicable on retail deposits below Rs 1 crore.

30 July 2018 2:20 PM IST

We see a very positive scenario for infrastructure segment with extra investment lined in for all areas of core infrastructure such as roads, metro rail, expressway, airports and expansion on existing highways: Nitin LallBusiness
India's infra deficit too large, will take time to be eliminated: S&P

Government estimates infrastructure investment of USD 4.5 trillion will be needed through 2040.

30 July 2018 12:38 PM IST

Intra-day, Infosys share price rose by 2.4 per cent to Rs 945.85. (Photo: PTI)Business
Infosys to invest Rs 750 cr in first phase of upcoming Noida facility

Company announced the expansion of its presence in Noida with the commencement of work on its new software development...

29 July 2018 4:43 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.Business
FPIs net inflow at Rs 1,800 crore in equities in July so far

Overall, so far this year, FPIs have pulled out nearly Rs 4,600 crore in equities.

29 July 2018 11:21 AM IST

Singapore-headquartered India LNG Transport Co (No 4) is the firm that won the time-charter contract from Petronet and got the 173,000 cubic meter vessel built at Hyundai Heavy Industries Co Ltds Ulsan shipyard in South Korea.Business
Petronet submits proposal to set up USD 1 bn LNG terminal in...

Petronet had last year signed a MoU with Petrobangla to set up a 7.5 million tonnes a year project.

27 July 2018 2:40 PM IST

Wholesale inflation in the month of October soared to 3.59 per cent on the back of food and fuel prices. (Photo: PTI)Business
FDI in food processing sector up 24 pc at USD 905 mn in FY'18

FDI inflow into the sector stood at USD 727.22 million during 2016-17 financial year.

27 July 2018 1:18 PM IST

HDFC bankBusiness
HDFC Bank's capital raising to lift capital buffers by 300 bps

Rs 8,500-crore infusion last week through a preferential allotment to parent HDFC will increase the common equity tier 1...

23 July 2018 3:18 PM IST

Fortis last week to Rs 155 per share by valuing the hospital business higher at Rs 6,061 crore, from Rs 5,003 crore initially.Business
IHH Healthcare wins race for Fortis, to invest Rs 4,000 cr

Malaysian firm will make a mandatory open offer to public shareholders for 26 pc of the outstanding shares post...

13 July 2018 8:49 AM IST

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