Business

FCA in a notice said it has imposed a penalty of 896,100 pounds on the bank and restricted it from accepting deposits from new customers for 147 days.

Sharp said it will take an 80.1 percent stake in Toshiba's PC unit on Oct. 1, and will retain its Dynabook brand.

IT ministry is working with other departments like Niti Aayog on various aspects of these advanced technologies, and is also engaged with software body Nasscom on skill development initiatives.

China has threatened to hit back with tit-for-tat tariffs on tens of billions of dollars in US goods.

Modi launched India's BHIM, RuPay and SBI app at the 'Business, Innovation and Community Event' held in Singapore, where digital platform was the main theme,

In real terms, calculated at constant prices with base 2011-12, the per capita income grew by 5.4 per cent to Rs 86,668 in 2017-18 as compared to Rs 82,229 in 2016-17.

The loss was mainly due to provisioning requirements including higher provisions on account of RBI guidelines on revised framework on Resolution of Stressed Assets, IOB said in a statement.

One of Britain's best known businessmen, Sorrell said he would invest 40 million pounds of his own money into Derriston Capital.

The Central Bureau of Investigation said Tuesday it was probing allegations that Fernandes illicitly lobbied Indian officials for favourable treatment for his Malaysian-based carrier.

Forex market sentiment turned bearish after tracking losses in most Asian and emerging market currencies, also impacted by political developments in Italy.

Aircraft fuel expenses surged 31 percent for the quarter while foreign exchange losses amounted to 1.32 billion rupees, the country's second-largest airline by market share said in a statement on Wednesday.

The Competition Commission of India (CCI) in February fined Google $20 million for abusing its position in online web search and also slammed the company for preventing its partners from using competing search services.

In an identical filing, Bhushan Steel confirmed the development saying Tata Steel shall implement the resolution plan through Bamnipal Steel Ltd, a wholly owned subsidiary of Tata Steel.

Bengaluru-headquartered Canara Bank Ltd, Allahabad Bank, UCO and Dena saw their bad loans and provisions for bad loans rise sharply in the quarter.

Nestle may have gotten the menu right, but its timing was off. When young consumers came back to the frozen food aisle last year, the company's supply chain wasn't ready. The result: It lost market share to rivals.

Rupee gained five paise to 67.08 against the US currency on suspected RBI intervention and stray dollar demand.