The name change is part of the post-acquisition integration exercise to merge Bhushan Steel with its new parent from Moneycontrol Business News https://ift.tt/2OqQGq8
Despite the rise in oil prices, the headline inflation number came down to 3.69 percent for August as against 4.17 percent for July. If the RBI increases repo rate by 25 basis points (bps), then it would be the third consecutive rate hike. from Moneycontrol Business News https://ift.tt/2Ndo7Yt
According to a press release issued by the Indian drug maker, as a result of the termination, Dr Reddy#39;s has regained worldwide rights to DFA-02, and is currently evaluating its options to take the programme forward. from Moneycontrol Business News https://ift.tt/2Iutlyu
According to a press release issued by GMR Monday the project involves upgradation, modernisation, operation and maintenance of Nagpur Airport for a period of 30 years and includes construction of a new terminal amongst other works. from Moneycontrol Business News https://ift.tt/2xRNlqD
On October 1, petrol prices hit Rs 91.08/litre in Mumbai and Rs 83.73/litre in Delhi. Here#39;s a look at 10 countries where it is the cheapest and most expensive. from Moneycontrol Business News https://ift.tt/2x6jBVK
According to a press release issued by the Indian drug maker, as a result of the termination, Dr Reddy#39;s has regained worldwide rights to DFA-02, and is currently evaluating its options to take the programme forward. from Moneycontrol Business News https://ift.tt/2y1NqYg
Manufacturing activity weakened in Vietnam and Indonesia last month, while Taiwan#39;s factories grew at the slowest pace in more than two years on sluggish export orders, according to business surveys released on Monday. from Moneycontrol Business News https://ift.tt/2NWsZ9J
ILFS, which has missed more than five debt payments since August and downgraded by three rating agencies, has filed an application with NCLT from Moneycontrol Business News https://ift.tt/2DK4EiN
A joint inspection committee told a bench headed by NGT Chairperson Justice A K Goel that the three plants are non-compliant with respect to the standards of the particulate matter emitted by them from Moneycontrol Business News https://ift.tt/2OZ5Jo0
The agency said the properties, jewellery, flats and bank balances are in India, UK and New York among others. from Moneycontrol Business News https://ift.tt/2NX6dPj
Walmart had indicated that it would bring in more strategic investors on board at some point. One such investor at the time was Google from Moneycontrol Business News https://ift.tt/2y6nquy
Spot gold was down 0.3 percent at $1,188.41 at 0407 GMT. On Friday, gold touched its lowest since August 17 at $1,180.34 an ounce. from Moneycontrol Business News https://ift.tt/2NS6Tp4
The association has sought help from Gurgaon Deputy Commissioner (DC) Vinay Pratap Singh and urged him to intervene and provide an alternative source of water to the residents Aardee City Society from Moneycontrol Business News https://ift.tt/2y3vZGG
The Nikkei Manufacturing Purchasing Managers#39; Index, compiled by IHS Markit, rose to 52.2 in September from 51.7 in August. from Moneycontrol Business News https://ift.tt/2y2eVRi
Higher fuel cost, product price hikes, increasing interest rates and the on-going shraadh period hit the company#39;s retail and wholesale sales from Moneycontrol Business News https://ift.tt/2xNS7Ft
Higher fuel cost, product price hikes, increasing interest rates and the on-going shraadh period hit the company#39;s retail and wholesale sales from Moneycontrol Business News https://ift.tt/2y6mpCK
When the Insolvency Bankruptcy Board of India (IBBI) was formed two years ago, the regulator wanted to meet bank chiefs but bankers were unwilling, the report said from Moneycontrol Business News https://ift.tt/2DQKLGG
Bajaj Auto said motorcycle sales in September 2018 jumped 17 percent to 4.30 lakh units and 3-wheeler sales spiked 20 percent to 71,070 units compared to corresponding month last year. from Moneycontrol Business News https://ift.tt/2Ned1Cz
The light crude oil is a new grade with an API gravity of around 34-43, while the current Basrah Light grade that Iraq exports will be renamed Basrah Medium, one Iraqi industry source familiar with the matter said. from Moneycontrol Business News https://ift.tt/2xPxJ6Z
Brent crude oil futures were trading at $83.24 per barrel at 0228 GMT, up 51 cents, or 0.3 percent, their highest level since November 2014. from Moneycontrol Business News https://ift.tt/2y01od3
In Delhi, prices of compressed natural gas (CNG) rose Rs 1.7 to Rs 44.30/kg. Prices of subsidised LPG cylinders too increased Rs 2.89 at Rs 502.4 per cylinder. from Moneycontrol Business News https://ift.tt/2P1PczR
This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here. from Moneycontrol Business News https://ift.tt/2RecJPy
The new withdrawal limit on cards will be effective from October 31, weeks before the festival season from Moneycontrol Business News https://ift.tt/2xK6uLd
Word of the deal came as Canadian Prime Minister Justin Trudeau convened a 10 p.m. (0200 GMT Monday) Cabinet meeting to discuss the North American Free Trade Agreement talks. from Moneycontrol Business News https://ift.tt/2DJMT37
The WTO Deputy Chief Economist Alexander Keck, told reporters during a conference call that service sector has an enormous contributor to growth and to trade including manufacturing trade. from Moneycontrol Business News https://ift.tt/2xOGmyK
With 12 seats in first class, 26 in business and 385 in economy class, the #39;Jumbo#39; plane will operate one flight per day each to Kolkata and Mumbai from New Delhi between October 16 and October 21, Air India said in a statement. from Moneycontrol Business News https://ift.tt/2RdfDUG
From building spacecrafts and Flamethrowers to tweeting sensitive info, Elon Musk has been there and done that. Here#39;s how the business magnate/investor#39;s made headlines for the better part of the millennium, albeit not always for the right reasons. from Moneycontrol Business News https://ift.tt/2QiasRW
Amazon India, which competes head-on with Walmart-backed rival Flipkart, has also recently crossed the milestone of four lakh sellers on its platform. from Moneycontrol Business News https://ift.tt/2NVtfpt
Some of the reasons why this may not happen, include the new 4% inflation target and India#39;s rapid growth. from Moneycontrol Business News https://ift.tt/2QhsdB1
Some of the oldest pending bills for the visits of the president, the vice president and the evacuation flights are nearly 10-year-old, the data furnished by Air India says. from Moneycontrol Business News https://ift.tt/2NSK9F9
New regulations for the reinsurance business in India were finalised by the insurance regulator at its September 28 meeting and will apply to all segments of the insurance sector from March next year from Moneycontrol Business News https://ift.tt/2Qj4wYY
The US emerged as the top export destination for India, with $47.9 billion worth of shipments in the last fiscal ended March, followed by the UAE and Hong Kong, the commerce ministry data showed. from Moneycontrol Business News https://ift.tt/2Qj4uQQ
Last fiscal, the bank had added over Rs 2,915 crore in fresh bad loans, leaving it with a net loss of Rs 585 crore against a profit of Rs 256 crore in the previous fiscal year. from Moneycontrol Business News https://ift.tt/2NTcThi
This year, the company aims to clock a revenue of Rs 720-750 crore from over Rs 600 crore in FY 18. from Moneycontrol Business News https://ift.tt/2QmD3FW
Diversified conglomerate indicates it would venture into the health food segment and build its own brand. from Moneycontrol Business News https://ift.tt/2NSXKMP
ONGC is now looking at restructuring the equity of OPaL and is exploring the option of roping in a foreign partner. from Moneycontrol Business News https://ift.tt/2NS2T7S
The company is also looking at increasing its exports substantially to $100-150 million in the next three years from the present $10 million. from Moneycontrol Business News https://ift.tt/2Qla994
Bhushan Steel#39;s Odisha plant is presently operating at 3.5 million tonne against a capacity of 5 million tonne from Moneycontrol Business News https://www.moneycontrol.com/news/business/tata-steel-aims-to-raise-production-at-bhushan-steel’s-odisha-plant-to-4-mt-by-fy19-end_11484101.html
As per the report, before the deal, Shriram Capital, the group holding company, would have to finalise plans for a three-way merger with its publicly traded arms: Shriram Transport Finance and Shriram City Union Finance from Moneycontrol Business News https://ift.tt/2NQLyfv
The board of directors of the bank at their meeting decided to give its #39;in-principle approval#39; for amalgamation of Vijaya Bank and Dena Bank with Bank of Baroda and commence the process for the same, subject to applicable approvals, Bank of Baroda said in a regulatory filing. from Moneycontrol Business News https://ift.tt/2NQFS5h
The managing director of Biomed, which was supplying polio vaccines for only government-run immunisation programmes, was arrested after the Central Drug Regulator filed an FIR in this case. from Moneycontrol Business News https://ift.tt/2xKNLPK
At the AGM, the company passed a resolution to raise capital through rights issue worth about Rs 4,500 crore, approach NCLT for asset sale resolution and get liquidity to repay debtors from Moneycontrol Business News https://ift.tt/2zEsPeD
India and Uzbekistan could cooperate to foster the development of new and advanced technologies and with that create the new Silicon route, he said, adding that the two countries needed to strengthen collaboration in the services sector. from Moneycontrol Business News https://ift.tt/2QkzeRH
The board at their meeting held Saturday decided to give its in-principle approval for amalgamation of Vijaya Bank along with Bank of Baroda and Dena Bank in line with the Finance Ministry proposal of September 17 subject to all statutory approvals, Vijaya Bank said in a filing to exchanges. from Moneycontrol Business News https://ift.tt/2R4xCwx