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Amalgamation of LVB with DBS Bank completed, Rs 2,500 cr fund...

New Delhi, Nov 30 | Lakshmi Vilas Bank (LVB) is now amalgamated with DBS Bank India Limited (DBIL), the wholly owned subsidiary of Singapore-based...

Bharti AXA Life post 10% growth in renewal income at Rs...

New Delhi, Nov 30 | Leading private life insurer Bharti AXA Life Insurance Monday said the company registered 10 per cent growth in its...

SII to seek Rs 100 cr damages from volunteer seeking compensation

New Delhi, Nov 29 | After a Chennai-based volunteer served a legal notice to the Serum Institute of India (SII) demanding Rs 5 crore...

Innovative Growth: Savlon enters PPE segment, on way to become Rs...

By Rohit VaidNew Delhi, Nov 29 | Innovating its way to become a Rs 1,000 crore consumer spend brand in FY21, health and hygiene...

Chennai volunteer for SII’s Covid vaccine claims Rs 5 cr compensation...

By Venkatachari JagannathanChennai, Nov 28 | A city-based 40-year-old business consultant, who was a volunteer for the Covidshield vaccine that is under development at...

ED attaches properties worth Rs 27 cr of former IAS officer

New Delhi, Nov 28 | The Enforcement Directorate (ED) on Saturday said that it has attached properties to the tune of Rs 27 crore...

DHFL’s Q2 net loss narrows to Rs 2,122 Cr

Mumbai, Nov 27 | The insolvent Dewan Housing Finance Corporation Ltd has reported a consolidated net loss of Rs 2,122.65 crore for the...

P&G companies fined Rs 241 cr for not passing on GST...

New Delhi, Nov 26 | The National Anti-Profiteering Authority (NAA) has imposed a fine of over Rs 241.5 crore on P&G Home Products, P&G...

P&G companies fined Rs 241 cr for not passing on GST...

New Delhi, Nov 26 | The National Anti-Profiteering Authority (NAA) has imposed a fine of over Rs 241.5 crore on P&G Home Products, P&G...

General Strike: 20L cheques worth 18K Cr ‘miss’ clearance

Chennai, Nov 26 | Banking operations across the country was affected on Thursday with about 4.5 lakh bank employees joining the nationwide strike called...

CBI searches multiple locations in Bihar, TN, Kerala; recovers Rs 1...

New Delhi, Nov 26 | The Central Bureau of Investigation (CBI) on Wednesday carried out searches in Bihar, Tamil Nadu and Kerala in connection...

Direct tax refunds of nearly Rs 1.37 lakh cr issued in...

New Delhi, Nov 25 | The Central Board of Direct Taxes (CBDT) has issued refunds of nearly Rs 1.37 lakh crore to over 41.25...

CBI searches multiple locations in Bihar, TN, Kerala; recovers Rs 1...

New Delhi, Nov 25 | The Central Bureau of Investigation (CBI) on Wednesday carried out searches in Bihar, Tamil Nadu and Kerala in connection...

HDFC Bank crosses Rs 8 lakh cr market cap for first...

Mumbai, Nov 25 | HDFC Bank's market capitalisation crossed the Rs 8 lakh crore mark for the first time on Wednesday.Its shares on the...

Govt to infuse Rs 6K cr equity in NIIF Debt Platform...

New Delhi, Nov 25 | The Central government will infuse equity of Rs 6,000 crore into the National Investment and Infrastructure Fund (NIIF) Debt...

Out of Rs 951 cr voluntary contributions of above Rs 20k,...

New Delhi, Nov 25 | Five national political parties received Rs 951 crore through voluntary contributions of above Rs 20,000 out of which the...

FII inflows cross Rs 50K cr in a month for the...

New Delhi, Nov 24 | For the first time, buying by foreign institutional investors (FIIs) has crossed Rs 50,000 crore in a month in...

CBI registers 2 more FIRs in Rs 25K cr J&K land...

New Delhi, Nov 24 | The Central Bureau of Investigation (CBI) has registered two more FIRs linked to the Rs 25,000-crore Roshni land scam...

Yediyurappa allocates Rs 500 cr to his community’s corporation

Bengaluru, Nov 23 | Karnataka on Monday allocated a whopping Rs 500 crore to the newly-formed Karnataka Veerashaiva-Lingayat Development Corporation (KVLDC).Chief Minister B. S....

Javadekar on TRPs: Can’t measure the opinion of 22 cr people...

New Delhi, Nov 23 | Union Information and Broadcasting Minister Prakash Javadekar on Monday asked journalism students not to get caught up in sensational...

Jeweller’s teenage son kidnapped in Bihar’s Begusarai, Rs 1 cr ransom...

Patna, Nov 22 | The 16-year-old son of noted jeweller was abducted in Bihar's Begusarai town on Sunday, and a Rs 1 crore ransom...

Rs 280.68 cr loan default as on Sep 30: Coffee Day’s...

Chennai, Nov 22 | Integrated logistics provider and part of the Coffee Day group, Sical Logistics, on Sunday said it has defaulted a sum...

MP’s Jabalpur collects Rs 1.34 cr fine for Covid norms violations

Jabalpur (Madhya Pradesh), Nov 22 | An amount of over Rs 1.34 crore has been collected in Madhya Pradesh's Jabalpur district alone in fines...

HP collected Rs 8 cr as cow cess, rehabilitated 15,177 cattle

Shimla, Nov 22 | Nearly Rs 8 crore collected as cow cess through the sale of liquor in Himachal Pradesh has helped the state...

LVB’s branch network alone can be valued at Rs 5,630 cr:...

By Venkatachari JagannathanChennai, Nov 20 | The 563 branches of the Karur based 94-year old Lakshmi Vilas Bank (LVB) can get a valuation of...

Bharti Infratel, Indus Towers merger complete; VIL gets Rs 3,760 Cr

New Delhi, Nov 19 | The much-delayed merger of Bharti Infratel and Indus Towers completed on Thursday.Post the completion of the transaction, Vodafone Idea...

Drugs worth Rs 2,320 cr seized in Manipur, govt to reward...

Imphal, Nov 19 | The Manipur Police and Assam Rifles troopers have seized 582 kg brown sugar smuggled in from Myanmar valued at Rs...

Xiaomi India sold 1.3 cr devices during festive season

New Delhi, Nov 19 | Xiaomi India on Thursday announced that it has sold over 1.3 crore devices during the festive period in India.The...

Direct tax refunds of over Rs 1.36 lakh cr issued in...

New Delhi, Nov 18 | The Central Board of Direct Taxes (CBDT) on Wednesday said that it has issued direct tax refunds refunds of...

Maha police track stolen ATM cash van, nab 3 with Rs...

Mumbai, Nov 18 | The Maharashtra Police have recovered a hijacked ATM cash van and recovered most of the stolen money besides nabbing...

Accounts exec arrested for ‘fraudulent’ transfer of Rs 7 cr

Gurugram, Nov 17 | The Gurugram police have arrested an accounts executive of a private firm for his alleged role in a scam involving...

CBI takes over Rs 25K cr J&K land scam case

New Delhi, Nov 16 | The Central Bureau of Investigation (CBI) has taken over three cases linked to the ignorance of Roshni Act provisions...

Amazon seeks control of Rs 30K Cr Future Group assets with...

New Delhi, Nov 16 | Amazon is seemingly seeking to control 100 per cent of FRL by controlling the entire Kishore Biyanis Groups majority...

NBCC bags orders worth Rs 1,165 cr in October

New Delhi, Nov 16 | State-run construction major NBCC (India) Ltd said that it had bagged orders worth Rs 1,165.52 crore in October."This is...

Gurugram: Accused involved in Rs 400 Cr fraud with Citibank held

Gurugram, Nov 15 | A man involved in a Rs 400 crore fraud case with Citibank in 2010 was arrested by the Gurugram police,...

Reliance Retail Ventures acquires 96% holding in Urban Ladder for Rs...

New Delhi, Nov 15 | Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL) has acquired equity shares of Urban Ladder...

K’taka body recommends revolving fund of Rs 5K cr for farm...

Bengaluru, Nov 14 | Karnataka Agriculture Price Commission (KAPC) on Friday strongly recommended to the state government to set up revolving fund to the...

South Central Railway ships 4 cr litres milk from Andhra to...

Secunderabad, Nov 14 | The South Central Railway (SCR) zone has so far shipped four crore litres of milk from Andhra Pradesh's Renigunta to...

Dhanteras: Rs 320 cr sales lift slack jewellery biz in Gujarat

Gandhinagar, Nov 13 | The auspicious day of Dhanteras brought good news for the jewellery business in Gujarat.According to market information, business worth over...

K’taka to borrow Rs 7,438 cr for B’luru suburban rail project

Bengaluru, Nov 12 | The Karnataka government would borrow Rs 7,438 crore to fund the 148km suburban rail project across Bengaluru, state law and...

FinMin approves MEIS allocation of Rs 39K cr for FY20

New Delhi, Nov 12 | The Finance Ministry has approved the allocation of Rs 39,097 crore under the Merchandise Exports from India Scheme (MEIS)...

Govt to allocate Rs 10,000 cr more for PM Garib Kalyan...

New Delhi, Nov 12 | The Centre will allocate an additional amount of Rs 10,000 crore for the Prime Minister Garib Kalyan Rozgar Yojana...

Govt to provide Rs 65,000 cr for subsidised fertilisers

New Delhi, Nov 12 | Finance Minister Nirmala Sitharaman on Thursday announced that the Central government will provide Rs 65,000 crore for subsidised fertilisers...

Govt infuses Rs 6K cr in NIIF debt platform to increase...

New Delhi, Nov 12 | As part of efforts to provide proper funding to infrastructure projects, the government on Thursday decided to infuse Rs...

FM announces Rs 18,000 cr additional outlay for PMAY-Urban

New Delhi, Nov 12 | The Centre will allocate Rs 18,000 crore more to the Pradhan Mantri Awas Yojana (PMAY) - Urban for building...

Hotel occupancy improves, 2020 revenue loss seen at Rs 90k cr

New Delhi, Nov 11 | The occupancy level of hotels in India has somewhat improved to 26 per cent in September, compared to 10...

Bata India reports Q2 net loss of Rs 44 cr

Mumbai, Nov 10 | Bata India on Tuesday reported a consolidated net loss of Rs 44.31 crore during the July-September quarter.During the same period...

As market climbs new highs, net FII inflow crosses Rs 14k...

Mumbai, Nov 10 | The Indian equity market has been on a fresh record run of late backed by a surge in foreign institutional...

States to earn Rs 6,656 cr from coal mine auctions: Pralhad...

New Delhi, Nov 9 | States will garner a total revenue of Rs 6,656 crore annually from the success of the nation's first ever...

Net outflows from equity MFs at over Rs 2,700 cr in...

New Delhi, Nov 9 | Equity mutual fund schemes saw an outflow of Rs 2,724.95 crore in October, showed data from the Association of...

Business

Amalgamation of LVB with DBS Bank completed, Rs 2,500 cr fund...

New Delhi, Nov 30 | Lakshmi Vilas Bank (LVB) is now amalgamated with DBS Bank India Limited (DBIL), the wholly owned subsidiary of Singapore-based...