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Business

Bar stays on SGX

The National Stock Exchange on Saturday said that a court-ordered injunction would continue against the launch of any India derivative contracts by the Singapore Stock Exchange (SGX).
Our Special Correspondent May 27, 2018 00:00 IST

Double treat from GIC

The country's largest reinsurance company - General Insurance Corporation of India - has issued both dividend and bonus shares for its investors for the year ended March 31, 2018. The insurer was listed on the stock exchanges in October 2017.
A Staff Reporter May 27, 2018 00:00 IST

7 e-filing tax forms unveiled

The income tax department on Saturday launched and activated all the seven ITR forms for e-filing by taxpayers, after more than a month of them being notified.
PTI May 27, 2018 00:00 IST

Infy denies getting new complaint

IT major Infosys on Saturday said it had not received complaints through the whistleblower mechanism which allegedly raised certain issues related to the company.
PTI May 27, 2018 00:00 IST

Sebi starts drill to quiz Kochhar

Capital market regulator Sebi has served a notice on ICICI Bank and its managing director & CEO Chanda Kochhar in connection with a Rs 3,250 crore-loan to the Videocon group.
Our Special Correspondent May 26, 2018 00:00 IST

Dhunseri seeks ally in Egypt

Chandra Kant Dhanuka's Dhunseri Petrochem may induct a new equity partner in the Egyptian business after settling with the overseas lenders and shareholders.
Sambit Saha May 26, 2018 00:00 IST

Deficits play spoilsport

The fourth anniversary of the Narendra Modi-government has been marred by the pressure on both the fiscal and current account deficits brought about by rising oil prices and the need for populist spending with the general elections just a year away.
Jayanta Roy Chowdhury May 26, 2018 00:00 IST

TCS hits a milestone

Shares of Tata Consultancy Services on Friday attained a milestone when its market valuation briefly crossed the Rs 7-lakh crore mark. The country's largest IT services company becomes the first listed firm to achieve this level.
Our Special Correspondent May 26, 2018 00:00 IST

Bad loans weigh down bank duo

The spate of bad news continued for state-owned banks with two more lenders reporting losses for the fourth quarter ended March 31, 2018, on higher provisions for bad loans. While IDBI Bank reported a loss of Rs 5,663 crore, Bank of Baroda (BoB) slipped into the red with a net loss of Rs 3,102.34 crore.
Our Special Correspondent May 26, 2018 00:00 IST

Sagarmala funds pledge

The Union shipping ministry is eyeing the award of projects worth around Rs 70,000 crore under the flagship Sagarmala programme in 2018-19.
A Staff Reporter May 26, 2018 00:00 IST

IHH extends Fortis date

Malaysian firm IHH Healthcare Berhard on Friday extended the acceptance period for its revised proposal for acquiring Fortis to June 30 in the wake of changes in the board of the cash-strapped healthcare chain.
PTI May 26, 2018 00:00 IST

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