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Business

Wheat MSP hiked to douse fire

The Centre has raised the minimum support price of wheat by Rs 50, or 2.6 per cent, to Rs 1,975 per quintal am...

Long line for CAMS

The disappointing conditions in the market did not impact the initial share sale of Computer Age Management Se...
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Government must pick tab for waivers

The Rajiv Mehershi panel on loan recast has proposed the government should bear the burden of any relief while...

Dalmia to invest Rs 100cr to curb imports

Dalmia OCL, the refractory manufacturing arm of cement and sugar major Dalmia group, plans to invest Rs 100 cr...

MP Birla trio oppose court order

Harsh Vardhan Lodha and three cable manufacturing companies of the MP Birla group filed appeals against the tr...

Bengal excise duty worry for liquor makers

Two industry bodies representing major foreign liquor manufacturers in the country have written to the Bengal ...

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Business  /  Published 21.09.20

Rajan plan to stem bad loan crisis

Former RBI governor Raghuram Rajan on Monday suggested the government to privatise select public sector banks, set up a bad bank to deal with NPAs and dilute the role of Department of Financial Servic...
By PTI in New Delhi

Business  /  Published 21.09.20

MP Birla trio oppose court order

Birla camp had a different take. It argued that the controlling block of share — 62.9 per cent in Birla Corp — is part of the estate, a view taken by the single bench as well.  The B...
By Our Special Correspondent in Calcutta

Business  /  Published 21.09.20

Bengal excise duty worry for liquor makers

Two industry bodies representing major foreign liquor manufacturers in the country have written to the Bengal government to make changes to a proposed excise duty structure for liquor in the state or ...
By Pinak Ghosh in Calcutta

Business  /  Published 21.09.20

Telcos to pay 10% of AGR dues by March

Telecom operators, including Bharti Airtel and Vodafone Idea, which have pending adjusted gross revenue dues will have to pay 10 per cent of the total liability by March 31 irrespective of the part-pa...
By PTI in New Delhi

Business  /  Published 21.09.20

M&M mulls Ssangyong stake bid

Mahindra & Mahindra (M&M) is understood to be considering a $258 million (300 billion won) bid for its stake in Ssangyong Motor Company (SYMC) made by HAAH Automotive Holdings Inc, a US-based ...
By Our Special Correspondent in Mumbai

Business  /  Published 21.09.20

Dalmia to invest Rs 100cr to curb imports

Dalmia OCL, the refractory manufacturing arm of cement and sugar major Dalmia group, plans to invest Rs 100 crore over the next five years in a bid to step up indigenous production in India and bring ...
By A Staff Reporter in Calcutta

Business  /  Published 21.09.20

Government must pick tab for waivers

The Rajiv Mehershi panel on loan recast has proposed the government should bear the burden of any relief while the waiver of the contentious interest on interest be given only to a few borrowers, sour...
By Our Special Correspondent in New Delhi

Business  /  Published 21.09.20

SBI charges 0.35% extra for loan recast

State Bank of India (SBI) on Monday announced the details of its resolution framework to restructure Covid-19 related stress loans.  Corporate borrowers will have to provide a personal guarantee...
By Our Special Correspondent in Mumbai

Business  /  Published 21.09.20

Long line for CAMS

Shares of Route Mobile Ltd on Monday made a stellar stock market debut as they jumped 86 per cent at close of trade against its issue price of Rs 350. During the day,it rose to a high of Rs 735, a ga...
By Our Special Correspondent in Mumbai

Business  /  Published 21.09.20

Stocks collapse on fresh virus scare

Wall Street’s main indices tumbled to their lowest in nearly seven weeks on Monday, with the Dow shedding as much as 900 points, as worries about fresh coronavirus-driven lockdowns spilled over ...
By Our Special Correspondent in Mumbai


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