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Business

RBI keeps key rate unchanged

The Reserve Bank of India on Thursday kept the key policy rate unchanged at six per cent for the fourth consecutive time since August last year in view of uncertainties around inflation.
Apr 05, 2018 15:08 IST

Stocks hit Chinese wall

Stocks worldwide came under fire on Wednesday after the US and China escalated their trade tensions with a fresh round of retaliatory tariffs.
Our Special Correspondent Apr 05, 2018 00:00 IST

Curtains for Burn Standard

Burn Standard, the 237-year-old wagon-maker, will be shut down and sold off because of poor financial performance, the government said on Wednesday.
Our Special Correspondent Apr 05, 2018 00:00 IST

Pro-people clauses in IBC tweak

Fixed deposit and debenture holders in firms taken up for bankruptcy proceedings may soon get to place a representative in the creditors' committee. Moreover, the home buyers of projects under bankruptcy proceedings will be treated as financial creditors under the new amendments to the insolvency law.
Jayanta Roy Chowdhury Apr 05, 2018 00:00 IST

Cargo rush keeps CPT in shipshape

The growth in cargo and container traffic has helped the Calcutta Port Trust to record higher operating income and earnings in 2017-18.
A Staff Reporter Apr 05, 2018 00:00 IST

RINL set to return to black

Rashtriya Ispat Nigam Limited has set its sights on returning to black in 2018-19 after struggling with operational losses in the last two years.
A Staff Reporter Apr 05, 2018 00:00 IST

Push for EU trade talks

Senior officials of India and the European Union will meet in Brussels next week in a bid to break the deadlock over a free trade agreement.
Our Special Correspondent Apr 05, 2018 00:00 IST

Home loan NPA alert

Rating agency Crisil on Wednesday warned housing finance companies (HFCs) should exercise caution while disbursing loans to self-employed borrowers as delinquencies in this segment have been rising.
Our Special Correspondent Apr 05, 2018 00:00 IST

Dull debut for ICICI Securities

ICICI Securities had a disappointing debut on the bourses on Wednesday with its shares finishing at a discount of 14.41 per cent to its issue price.
Our Special Correspondent Apr 05, 2018 00:00 IST

City gas bid rules altered

Bidding rules for city gas distribution licences in 100 cities have been revamped with greater weightages given to criteria such as the number of gas connections and CNG stations.
Our Special Correspondent Apr 05, 2018 00:00 IST

Mittal ploy to outsmart Numetal

Numetal's bid for Essar Steel could totter on shaky legal ground if the National Company Law Tribunal accepts ArcelorMittal's arguments against Rewant Ruia and VTB of Russia when the hearing on the eligibility of the suitors begins on Wednesday.
Sambit Saha Apr 04, 2018 00:00 IST

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