PNB to sell NPAs worth more than Rs 1,000 crore on June 27

Public sector lender Punjab National Bank (PNB) has put on sale six non-performing assets (NPAs) worth over Rs 1,000 crore, along with two accounts of Vandana Vidyut and Visa... Read more »

Honda Cars plans to hike vehicle prices by 1.2% from July

Honda Cars India is looking to increase vehicle prices by up to 1.2% from next month to offset rise in cost of raw materials and introduction of new safety... Read more »

FPIs still net buyers in June, pump in Rs 11,132 crore

Foreign investors are still net buyers in the domestic capital markets in June, infusing a total of Rs 11,132 crore on a net basis this month so far, according... Read more »

RITES up 6% as board considers bonus issue, IPO sells 12% stake

RITES shares rallied over 6 percent to Rs 295 on Friday after the company said its board would meet on June 24 to consider bonus issue proposal. A meeting... Read more »

Advertising spend in India to go up by 11.4% to Rs 69,700 crore in 2019: Dentsu Aegis report

The advertising spend in India is likely to grow by 11.4 per cent to Rs 69,700 crore in 2019, driven by key events such as the ongoing cricket world... Read more »

Mike Pompeo asks India to drop trade barriers, open floor to US in local markets

The US Secretary of State Mike Pompeo has urged New Delhi to further open its economy and forge trade barriers, saying countries that have provided American companies access to... Read more »

RBI policy rate cuts may not affect private investments: CMIE

The Centre for Monitoring Indian Economy (CMIE) has said that the past data would not indicate that a reduction in interest rates necessarily translates to rise in investments. In... Read more »

India Inc revenue growth reaches a six-quarter low in Q4: Report

Weakness in consumer sentiments and softening commodity prices have led India Inc to deliver a six-quarter low revenue growth of 10 percent in the fourth quarter of FY19, a... Read more »

Dedicated freighters in India share a tiny portion versus global peers

Dedicated freighters in India have minuscule share versus global peers. This has led to shorter lead distances compared with global freighters, lack of significant niche cargo, and intense competition... Read more »

India among the top 20 host economies that attract FDI inflows in 2017-18: UN report

Foreign Direct Investment (FDI) to India was up 6 per cent to USD 42 billion in 2018, with strong inflows in the manufacturing, communication and financial services sectors, and... Read more »