MSMEs credit guarantee coverage to increase to 1 lakh crore: President Kovind

The government will soon announce a new industrial policy with the goal of promoting growth of industries and creation of jobs, President Ram Nath Kovind said Thursday. Addressing the... Read more »

Indiabulls Housing Finance to buy back NCDs worth Rs 2,285 crore

Indiabulls Housing Finance will conduct a buyback of all non-convertible debentures maturing in July and August totalling Rs 2,285 crore, said its managing director and CEO Gagan Banga. Indiabulls... Read more »

Govt to issue fresh proposal for Air India sale

The Finance Ministry is issuing a fresh proposal for sale of Air India, incorporating issues like crude oil prices and exchange rate volatility, marred by EY last year on... Read more »

HDFC to acquire major stake in Apollo Munich Health Insurance for Rs 1,347 crore

HDFC Limited (“HDFC”) and Apollo Hospitals Group (“Apollo”), at their respective meetings held today, confirmed entering into definitive agreements for HDFC to acquire the entire 50.8% shareholding of Apollo... Read more »

Most companies have made it their mission to make UX a strategic differentiator”: ZEUX Innovation

Set up in 2016 by Saurabh Gupta and Hemal Gathani, ZEUX Innovation was built with a vision to design exceptional digital experiences and to deliver real business outcomes. Mumbai headquartered ZEUX... Read more »

Jet Airways share price drops to 61.50, SBI Capital Markets to seek an investor

Jet Airways share price continued its slide for the thirteenth straight day after lenders led by State Bank of India (SBI) thought of taking the ailing airline to bankruptcy... Read more »

Bharti Airtel, Vodafone Idea shares drop after DCC imposes penalty on telcos

Shares of Vodafone Idea fell nearly 4 per cent, while Bharti Airtel stocks declined 3 per cent after Digital Communications Commission (DCC) cleared imposing penalty on the telecom companies... Read more »

BHEL locks 200 MW solar energy orders worth Rs 800 crore

State-run engineering firm BHEL on Sunday said it has received two orders worth Rs 800 crore for setting up solar energy capacity of 200 MW, and its solar photovoltaic... 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 »

Punjab National Bank reveals loan defaults of over Rs 25,000 crore

The Punjab National Bank has revealed that over 1,142 defaulters across the country have defaulted to the tune of Rs 25,090.3 crore. The bank has initiated recovery proceedings by... Read more »