Business News

Last updated: Monday, April 23, 2018 2:00:55 AM

Sebi fines Suzlon Energy over Rs 1 cr for violation of SCRA
Mumbai, April 21 (IANS) Securities market regulator Sebi on Friday imposed a fine of more than Rs 1 crore on Suzlon Energy for violation of Securities Contracts (Regulation) Act (SCRA).

Saturday, April 21, 2018 12:28:04 AM

Indiabulls Housing Finance's Q4 net profit 22.6%
Mumbai, April 20 (IANS) Indiabulls Housing Finance on Friday reported a 22.6 per cent increase in its net profit for the fourth quarter (Q4) of 2017-18.

Friday, April 20, 2018 11:22:04 PM

India's Forex reserves rise by $1.21 bn
Mumbai, April 20 (IANS) India's foreign exchange (Forex) reserves increased by $1.21 billion as on April 13, official data showed on Friday.

Friday, April 20, 2018 8:30:04 PM

SJVN signs MoU to target 9,200 mn units generation this fiscal
New Delhi, April 20 (IANS) Public sector power generator Satluj Jal Vidyut Nigam (SJVN) Ltd has signed an MoU with the Union Power Ministry setting a target of generating 9,200 million units of electricity, according to an official announcement on Friday.

Friday, April 20, 2018 7:38:07 PM

Axis Bank commences process to appoint new MD & CEO
Mumbai, April 20 (IANS) Lending major Axis Bank on Friday said it has commenced the "succession process to appoint a new Managing Director and CEO".

Friday, April 20, 2018 7:32:03 PM

Ramnath, Bhasin part of Fortis' advisory panel, Radiant fifth bidder
Mumbai, April 20 (IANS) Fortis Healthcare has named Renuka Ramnath and Lalit Bhasin as members of an "expert advisory committee", while KKR-backed Radiant Life Care was disclosed as the fifth bidder.

Friday, April 20, 2018 7:24:04 PM

Global cues depress equity indices, banking stocks fall (Roundup)
Mumbai, April 20 (IANS) Negative global cues such as high crude oil prices, along with a weak rupee and heavy selling pressure in banking stocks triggered by a likely hawkish stand of the Reserve Bank of India (RBI) in its next monetary policy review subdued the key Indian equity indices on Friday.

Friday, April 20, 2018 7:08:03 PM

Gionee to launch new smartphones in India on April 26
New Delhi, April 20 (IANS) Amid restructuring plans to scale up its India business, Chinese smartphone maker Gionee is set to launch a new range of smartphones on April 26.

Friday, April 20, 2018 6:20:05 PM

India pushes for BRICS rating agency
New Delhi, April 20 (IANS) India has urged the BRICS (Brazil, Russia, India, China, South Africa) countries to set up an independent rating agency of the group, according to an Indian official.

Friday, April 20, 2018 6:02:03 PM

Motorola opens 25 'Moto Hubs' in North-East
New Delhi, April 20 (IANS) Lenovo-owned Motorola on Friday expanded its retail presence by opening 25 new "Moto Hubs" in the North-East region.

Friday, April 20, 2018 6:00:04 PM

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