Business

Former joint MD of the company, Arun K Saha, and MD of transportation network, K Ramchand, were arrested in June under the Prevention of Money Laundering Act (PMLA).

NTPC and Power Development Department, Jammu and Kashmir, had earlier requested the coal ministry for cancellation of the coal block.

According to a blueprint prepared by the Railway Board, no concessions, privileges or duty passes will be allowed on these trains, sources said.

The NCLT Mumbai will continue its scheduled hearing in the case of their alleged role in the IL&FS fraud matter, a three-member bench headed by Chairperson Justice S J Mukhopadhaya said.

The ministry said that the consultation process is aimed at aligning the banking sector with national priorities, stimulating ideas and inculcating a sense of involvement among bankers at the branch level.

Sitharaman, in a a meeting with the PM, stressed on the current challenges faced by the auto and realty sectors, highlighting the slowdown in sales and inventory buildup.

Jhunjhunwala said the economy and the equity markets will rebound but one cannot put a time stamp on it.

The stock price corrected even as the private sector lender reportedly raised $275 million by selling shares to domestic and foreign investors in a qualified institutional placement (QIP) offer that closed on 9 August.

The 30-share index was trading 240.75 points or 0.64 per cent down at 37,341.16 at 0930 hours; and the broader Nifty fell 62.80 points or 0.57 per cent to 11,046.85 in morning trade.

Reliance plans to remove inefficiencies in the consumption chain and transfer significant new value to consumers, producers and merchants.

Yes Bank Ltd shares dropped 3.4% after the lender informed stock exchanges that it was is in the process of appointing new chief financial officer (CFO), chief compliance officer (CCO) and chief operating officer.

Titan on Tuesday registered a 6.2% jump in its standalone net profit at Rs 370.7 crore for the June quarter against Rs 349.2 crore in the same quarter a year ago.

The Reserve Bank on Wednesday marginally lowered the GDP growth projection for 2019-20 to 6.9 per cent from 7 per cent forecast in the June policy.

India on Monday revoked a constitutional provision giving Kashmir the authority to make its own laws, potentially stoking tension in the Himalayan region.

At 10:48 am, the Berger Paints stock was trading at Rs 343.60, up 2.8%, on BSE after hitting a record high of Rs 351.65 earlier in the session.

Both crude benchmarks fell last week, with Brent down 2.5 percent and US crude falling 1 percent after plummeting by more than 7 percent on Thursday after Trump's tweet to the lowest level in about seven weeks.