Business

In morning session on Wednesday, Axis Bank was the biggest gainer on both indices, rallying over 6 per cent after the third largest private sector lender Axis Bank on Tuesday reported a 131 per cent surge in net income.

Jet Airways said on Monday it would seek a shareholder nod next month to convert existing debt into equity, raise more money and allow its lenders to nominate a director on its board as part of efforts to resolve its financing problems.

While RIL, Tata Consultancy Services (TCS), HUL and Kotak Mahindra Bank were the gainers, HDFC Bank, ITC, HDFC, Infosys, SBI and ICICI Bank suffered losses in their valuation for the week ended Friday.

In November 2018, the government appointed Naik as chairman of the National Skill Development Corporation (NSDC) the apex-level body that charts the course for skill training of India's youth.

Saying that the objectives of the law were fulfilled by its provisions, a bench of Justices RF Nariman and Navin Sinha disposed of a batch of petitions challenging the IBC

The PCA framework kicks in when banks breach any of the three key regulatory trigger points -- namely capital to risk weighted assets ratio, net non-performing assets (NPA) and return on assets (RoA).

According to data available with the depositories, FPIs withdrew a net amount of Rs 3,987 crore from equities and a net sum of Rs 53 crore from the debt market, taking the total outflow to Rs 4,040 crore during January 1-18.

The huge surge in government's debt has been propelled by 51.7 per cent growth in public debt from Rs 48 lakh crore to Rs 73 lakh crore in the four-and-half year period

Invoking Mahatma Gandhi's movement against political colonisation, Ambani said India now needs a new movement against data colonisation.

The growth is supported by healthy volume growth in two-wheelers, commercial vehicles and and tractor segment until November last year.

The mercury in Kupwara town in north Kashmir settled at minus 1.5 degrees Celsius an increase of over four degrees from minus 5.6 degrees Celsius the previous night, the official said. Gulmarg ski-resort in north Kashmir recorded a low of minus 10 degre...

Meanwhile, the NSE Nifty rose 24.50 points. A stock-specific movement is expected to happen in the next few days based on these results, as global market participants would wait for the interim budget before allocating fresh flows to India.

This year, the event will take place at a grand soiree on January 17 in Mumbai. Inspired by the evolving business and economic ecosystem of the country, the theme for this edition will be “Leaders of Change”.

The study covered nine cities — Mumbai, Pune, Noida, Gurugram, Bengaluru, Chennai, Hyderabad, Kolkata and Ahmedabad. Overall, sales rose by 30 per cent in nine cities to 73,691 units during October-December quarter of 2018-19 fiscal compared to 56,696 uni...

The biggest gainers were Yes Bank, Reliance, Infosys, Bajaj Auto, Asian Paints, ONGC, Bajaj Finance, SBI and TCS

The scheme, if approved by the government, is likely to be announced by the end of this month before the commencement of the Budget session.