X

Business

Escape hatch in Sebi tweak

The Securities and Exchange Board of India (Sebi) on Tuesday revised the underlying principles for its consent settlement mechanism that will effectively allow perpetrators of most egregious market frauds to go scot-free without admitting guilt and paying just a nominal penalty.
Our Special Correspondent Sep 19, 2018 00:00 IST

Crude deals a fresh blow to rupee

The rupee on Tuesday slid 47 paise to settle at a record low of 72.98 against the dollar because of surging crude oil prices and escalating trade war worries.
Our Bureau Sep 19, 2018 00:00 IST

Steps to bolster market

Sebi on Tuesday approved a slew of reforms and soothed the anxieties of some foreign investors by accepting most of the recommendations of the HR Khan panel.
Our Special Correspondent Sep 19, 2018 00:00 IST

Infy suffers setback

Rajeev Bansal, the former chief financial officer of Infosys, will get to keep his hefty severance package after all.
Our Bureau Sep 19, 2018 00:00 IST

R-Com to exit telecom

Billionaire Anil Ambani on Tuesday announced that cash-strapped Reliance Communications would be completely exiting the telecom business to concentrate on real estate in the future.
Our Bureau Sep 19, 2018 00:00 IST

Bank merger faces short-term hiccups

The proposed merger of Dena, Vijaya and Bank of Baroda, which will create the country's third largest lender, will face various challenges even as the move raises the prospects of more weak banks being merged with stronger entities.
Our Special Correspondent Sep 19, 2018 00:00 IST

Axis retail loan focus

Axis Bank expects retail lending to soon touch 50 per cent of its advances.
A Staff Reporter Sep 19, 2018 00:00 IST

Mutual fund houses to charge less

The Securities and Exchange Board of India (Sebi) on Tuesday brought some good news to investors in mutual funds when it reduced the fees that they pay to fund houses to manage a scheme.
Our Special Correspondent Sep 19, 2018 00:00 IST

Bengal mulls infotech sops

Bengal could offer sops to attract technology firms to the proposed IT hub at Newtown, Rajarhat.
A Staff Reporter Sep 19, 2018 00:00 IST

Export energisers

The government plans to incentivise exports through WTO-complaint measures and address the liquidity issue of exporters as curbs on non-essential imports to check the widening current account deficit (CAD) may have a limited impact.
R. Suryamurthy Sep 19, 2018 00:00 IST

Third-largest bank in the making

The move to merge Bank of Baroda, Vijaya Bank and Dena Bank will create the third largest lender in the country behind the State Bank of India and ICICI Bank.
Our Special Correspondent Sep 18, 2018 00:00 IST

Opinion

More Top Stories

Back to top icon