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RBI hikes MSS cap to handle liquidity

    The Indian government in consultation with the Reserve Bank of India (RBI) on Friday (Dec 2) sharply raised the Market Stabilisation Scheme (MSS) ceiling to Rs 6 lakh crore from Rs 30,000 crore to mop up extra liquidity from the system in view of demonetisation. After t

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01/12/2016
A car manufacturing plant of Maruti Suzuki India

Maruti Suzuki sales up 12.2 per cent

  India's largest car maker Maruti Suzuki India (MSI) has reported 12.2 per cent rise in total sales for November ...

01/12/2016
Mukesh Ambani

Reliance Jio extends freebies till March 31

  Buoyed by Reliance Jio growing faster than Facebook and WhatsApp in first three months of launch to reach 52 million cust ...

01/12/2016
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HDFC Bank bid to ease cash crisis

    The second-largest private lender HDFC Bank has partnered with Federation of Retail Traders Welfare Associatio ...

29/11/2016
Ratan Tata

Tatas ink pact with Liberty House for UK assets

    Tata Steel on Monday (Nov 28) clinched a pact with UK-based Liberty House Group that allows it to start exclus ...

26/11/2016
Cyrus Mistry

Tata Steel sacks Cyrus Mistry as chairman

  Tata Steel said on Friday (Nov 25) its board has removed Cyrus Mistry as the steel giant’s chairman and appointe ...

25/11/2016
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India second most unequal country in world: report

    India is the second most unequal country in the world with the top one per cent of the population owning nearl ...

19/11/2016
Ratan Tata

IT notice to Tata trusts over tax exemption

  The Income Tax department of the Indian government has asked Ratan Tata-led trusts to explain misuse of tax exempti ...

03/11/2016
Andhra Pradesh CM N Chandrababu Naidu (left) and Telangana CM K Chandrasekhar Rao

AP, Telangana get top ranks in ease-of-doing business, Gujarat third in list

  Andhra Pradesh and Telangana have jointly topped the ease-of-doing business ranking while Gujarat has slipped to ...

03/11/2016
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ICICI Bank cuts home loan rates

  Private-sector lender ICICI Bank on Thursday (Nov 3) announced a cut in its home loan rate by 0.15 per cent for new borro ...

29/10/2016
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SBI, ICICI Bank reduce lending rates

A representative picture   India's two top lenders, State Bank of India (SBI) and ICICI Bank, have announced a cut of ...