The Telegraph
Wednesday, October 18, 2017


Price trend a bother for RBI

Worry that rising consumer prices will threaten the central bank's inflation target of 4 per cent led the majority of the Reserve Bank of India's monetary policy committee to vote to keep rates steady, according to the minutes issued on Wednesday....   | Read..

Nicco faces liquidation

Ailing cable manufacturer Nicco Corporation has been put under the liquidation process by the National Company Law Tribunal (NCLT), drawing the curtains down on the 75-year-old company after lender......   | Read..

UltraTech net down 31%

High interest cost on the cement plants acquired from Jaypee along with higher fuel cost and depreciation have pulled down the profits of Aditya Birla group firm UltraTech Cement in the July-Septem......   | Read..

Investors punish Axis

The shares of Axis Bank on Wednesday tanked nearly 10 per cent, wiping out over Rs 11,700 crore of investor wealth, after the private sector lender reported a sharp rise in bad loans during the qua......   | Read..

Samvat 2073 ends on a tepid note

The key indices ended on a flat note on Wednesday, marking a tepid end to an otherwise eventful Samvat 2073 that saw the Sensex gaining 17 per cent and the Nifty around 18 per cent even as Rs 25 la......   | Read..

Mahindras tie up with HDFC Cap

Mahindra Lifespace Developers on Wednesday announced a joint venture with HDFC Capital to develop affordable housing projects with an investment of Rs 500 crore in the next three years....   | Read..

Tata Tele gets nod to raise money

The board of Tata Teleservices (Maharashtra) has cleared a proposal to raise up to Rs 20,000 crore through an issue of preference shares to promoters or via debentures....   | Read..

East to gain from gas swap

A deal to swap LNG from the US for LNG from Japan will ensure the gas will land in the east coast and enable the revival of the fertiliser plants at Sindri, Gorakhpur and Barauni, which will use th......   | Read..
Price trend a bother for RBI