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21 May, 2018 7:05 AM Bhushan Steel's buyout to reduce PSB NPAs by Rs 35,000 crore

New Delhi: The acquisition of debt-laden Bhushan Steel, under the Insolvency and Bankruptcy Code (IBC) framework, will reduce bad loans of PSBs by Rs 35,000 crore, Financial Services Secretary Rajiv Kumar today said. "IBC transforming credit culture in NewIndia. About Rs 35,000 crore reduction of NPAs of PSBs in Bhushan Steel case. Reduction of NPAs in individual 30

20 May, 2018 5:45 AM SBI's Loans Against Property: Interest Rates, Processing Charges And Other Details

Repayment to the bank is to be done in form of EMIs at an interest rate pre-decided by the bank. State Bank of India (SBI) offers loans against property under its personal finance portfolio. SBI's loans against property give cash requirements against the individual's asset (or property), as mentioned on the official website of SBI. Loan against property 39

19 May, 2018 2:16 PM As Crude Oil Prices Touch $80, What It Means For Petrol, Diesel Prices In India

Petrol prices have risen by about a rupee per litre since Monday when fuel retailers resumed daily revision in prices after pre-Karnataka poll hiatus As brent crude oil prices hit $80 per barrel for the first time since late 2014 on looming US sanctions on Iran, the impact on India is not far away since it imports nearly 80 percent of its oil consumption 41

19 May, 2018 8:25 AM India drags US to WTO over steel, aluminium duties

India has dragged the US to the World Trade Organisation's dispute settlement mechanism over the imposition of import duties on steel and aluminium, an official said. India has stated that the decision will impact exports of these products to the US and it is not in compliance with global trade norms. "India has filed a dispute under the aegis of the WTO on the issue 58

18 May, 2018 1:33 PM Bajaj Auto Posts Best Ever Quarterly Net Profit In FY 2018

In the fourth quarter of FY 2018, Bajaj Auto posted a consolidated net profit of Rs. 1,175 crore, the company's highest ever quarterly profit. Bajaj Auto Limited has reported the company's highest quarterly profit growth in a year, in the fourth quarter of the financial year 2017-18. Consolidated net profit of the Indian motorcycle manufacturer grew 36 per cent in the fourth 49

16 May, 2018 1:24 PM WOW air to commence India operations, ticket from New Delhi to US at just Rs 13,499

The airline said that it will offer 4 fare options -- WOW basic, WOW plus, WOW comfy and WOW premium. New Delhi: Iceland`s low fare transatlantic airline -- WOW air -- on Tuesday said that it will commence operations between New Delhi and Keflavik airport to multiple destinations in North America at fares starting from Rs 13,499 including taxes 49

15 May, 2018 1:39 PM Kerala man who threw acid on nurse arrested

A 32-year-old man from Kerala has been arrested for allegedly throwing acid on a nurse here after she spurned his marriage proposal, a top police official said on Tuesday.  Hyderabad: A 32-year-old man from Kerala has been arrested for allegedly throwing acid on a nurse here after she spurned his marriage proposal, a top police official said on Tuesday 43

15 May, 2018 3:29 AM Karnataka assembly election results 2018: BJP takes lead, Congress second and JDS third

The Bharatiya Janata Party (BJP) and Congress are locked in a close fight in the Karnataka Assembly elections 2018. Counting for 222 seats of Karnataka Assembly elections is taking place at 38 centres across the state and as per the trends, the Janata Dal Secular (JDS) is at the third spot. Karnataka chief minister and Congress candidate Siddaramaiah 50

14 May, 2018 4:53 PM Quick Heal Q4 net more than doubles to Rs 49.2 cr

Security software provider Quick Heal Technologies today said its net profit more than doubled to Rs 49.2 crore in January-March 2018 against Rs 22.2 crore in the year-ago period. Its revenues increased 29 per cent to Rs 118.7 crore in the quarter under review from Rs 92.2 crore in the January-March 2017 quarter, Quick Heal said in a statement. For the fiscal 39

11 May, 2018 8:12 AM Tata Motors' Global Wholesales Grows By 40 Per Cent, In April 2018

Tata Motors Group's global wholesales for April 2018, including Jaguar Land Rover, were at 102,297 vehicles, registering a growth of 40 per cent over April 2017. Tata Motors Group has announced achieving a growth of over 40 per cent in global wholesales, with total wholesales of 102,297 vehicles, for the month of April 2018, against the 61,378 units 104