Ludhiana/Gurugram, August 3
With apparel exports already on the decline, uncertainty over the continuation of Merchandise Exports from India Scheme (MEIS) is a double whammy for region-based exporters who are facing stiff competition from Bangladesh and Vietnam.
According to exporters, there is...
Mumbai, August 3
Lower provisions and higher interest income helped SBI return to the black during the first quarter ending June with a net profit of Rs 2,312 crore as against a net loss of Rs 4,876 crore a year...
Mumbai, August 3
Flag carrier Air India’s regional arm Alliance Air on Friday announced discounted fares starting as low as Rs 990 for flights across its network under a limited period sale offer.
The fares offered under the ‘Independence Day sale carnival’...
Mumbai: Reserve Bank governor Shaktikanta Das on Friday met the heads of public sector banks and reiterated his concerns over the "less-than-desired-level" of policy rate transmission by lenders.
Acknowledging the "discernible improvements in the banking sector," Das pointed out that there...
New Delhi: Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh year on the trot.
Ambani has kept salary, perquisites, allowances and commission together at Rs 15...
So you have been looking up used cars for some time now and have narrowed down your search to a few. It’s time now for a physical inspection. Call up the owner/used car dealer and set up a meet....
A little over a month after our report, Hyundai has now rejigged the variant lineup of the Santro and the in-process, increased the entry-level prices of the hatchback. Hyundai has done away with the previous two entry-level variants - the...
New Delhi: Private sector lender Axis Bank said on Saturday its board has approved raising up to Rs 18,000 crore through an issue of equity shares, depository receipts or convertible securities.
The Board of Directors of the bank approved the proposal...
New Delhi: Canadian investment firm Brookfield Asset Management has agreed to invest Rs 25,215 crore in a trust that controls Reliance Industries' telecom tower infrastructure assets, the companies said on Friday.
This is the second investment this year that Brookfield...
Kolkata: The tea industry, under the aegis of Indian Tea Association (ITA), has urged the Finance ministry for exemption from imposition of two per cent TDS on cash withdrawals exceeding Rs one crore from banks in a year as proposed...
