Business - Page 24

New Delhi: British American Tobacco Plc (BAT) on Friday sold a 9 per cent stake in ITC Hotels for Rs 3,856 crore through open market deals, with...

Mumbai: The Reserve Bank on Friday granted ‘in-principle’ approval to Fino Payments Bank Ltd (FPBL) for conversion into a Small Finance Bank (SFB). ...

New Delhi: Avadhut Sathe Trading Academy (ASTA) on Friday said it will challenge Sebi’s interim order directing it to disgorge Rs 546 crore in alleged...

Mumbai: Simone Tata, the mother of Tata Trusts chairman Noel Tata, died at a city hospital on Friday after a brief illness. Simone Tata, the...

GURUGRAM: Air India and Maldivian have entered a bilateral interline partnership to strengthen air connectivity between India and the Maldives. The...

Mumbai: Bankers said the RBI’s 25 bps rate cut on Friday signals scope for further easing to support sustained GDP growth. SBI Chairman and IBA...

Mumbai: Reserve Bank on Friday raised the GDP growth projection to 7.3 per cent for the current fiscal from its earlier estimate of 6.8 per cent...

Mumbai: The Reserve Bank on Friday significantly lowered the inflation projection for the current fiscal to 2 per cent from 2.6 per cent estimated...

Mumbai: Reserve Bank Governor Sanjay Malhotra on Friday said policy rates will remain low as long as inflation stays benign, while reiterating that...

Mumbai: India’s forex reserves dropped by $1.877 billion to $686.227 billion during the week ended November 28, the RBI said on Friday. In the...

Mumbai: Stock market benchmark indices Sensex and Nifty rallied on Friday after the RBI cut key benchmark interest rate for the first time in six...

New Delhi: Cooperative banks have lauded the Reserve Bank of India’s (RBI) decision to cut the repo rate to 5.25 per cent and infuse liquidity through...