Silver futures decline Rs 44 per kg on tepid demand

Analysts said muted demand, weak trend in precious metals in global markets and trimming of positions by speculators weighed on silver futures here.

Bharti Airtel plans to raise up to $1 bn; subsidiary Network i2i to issue bonds

"...offering of USD denominated Guaranteed Subordinated Perpetual Securities by Network i2i Limited (a direct 100 per cent subsidiary of Bharti Airtel) expected to be rated BB by both SP and Fitch may follow, subject to market conditions," Bharti Airtel said in a regulatory filing.

SBI to adopt repo rate as external benchmark from today

Loans from SBI are expected to turn cheaper from this week by 30 basis points

Maruti Suzuki sales fall 24% to 1.22 lakh units in September, below analyst estimates

The company sold 1.22 lakh units in September 2019, falling 24.4 percent compared to 1.62 lakh units sold in same month last year, but the same increased by 15.2 percent compared to previous month due to low base.

Natco Pharma gets EIR from USFDA for Hyderabad facility

In a BSE filing, Natco Pharma announced "successful closure of inspection" with the receipt of an establishment inspection report (EIR) from the US Food and Drug Administration (USFDA) for the inspection conducted at its active pharmaceutical ingredient (API) facility in Mekaguda Village, near Hyderabad, India.

MG Motor sells 2,608 units of Hector in September

With increased supplies from global and local component suppliers, the company is starting second shift operations from November and would be adding around 500 people to its direct payroll to support the second shift operations, MG Motor said in a statement.

Bajaj Auto September sales miss expectations, fall 20% to 4.02 lakh units

Bajaj Auto#39;s domestic sales dropped 31 percent year-on-year to 2.15 lakh units and exports slipped 2 percent to 1.86 lakh units in the month gone by.

Airtel deploys 100 hops of Huawei#39;s 5G technology

Huawei has claimed that the transmission equipment meant for backhaul network that could transmit data on up to 1 gigabit per second (Gbps) speed with 28 megahertz of radiowaves to connect one mobile tower with another.

PMC bank saw massive cash withdrawals before RBI clamp down

This massive fund erosion began after some of these large depositors reportedly got a whiff of the whistleblower, reportedly a board member, leak to the regulator, which finally undid the bank on September 23, the sources added.

Reliance Power lines up Rs 4K crore capex to install FGD units

RPower has an operating capacity of 6000 MW operating at a plant load factor of 80 percent.

Reliance Infrastructure to cut debt further, to be capital-light: Anil Ambani

Addressing the shareholders at the AGM, chairman Anil Ambani also said the group#39;s defence businesses will also follow an asset- and capital-light model.

Skoda rolls out Kodiaq Scout at Rs 34 lakh; to launch 6 more models by 2021

The six will include two new launches and a few upgrades as part of its plans to revive its fortunes in India.

Here#39;s why SEBI is trying to boost MF AUM from B30 cities

As of August 2019, 15 percent or Rs 3.99 lakh crore of industry’s assets came from B30 locations.

IndiGrid reduces trading lot size by two-thirds to 1,701 units

SEBI required stock exchanges (NSE and BSE) to implement this reduction in lot size in consultation with the publicly offered InvITs and REITs within 6 months, the statement added.

SEBI settles insider trading case in Sabero Organics matter for Rs 1 crore

SEBI, during an investigation between May-June 2011, noted that Coromandel, after a meeting with the representatives of Sabero Organics, informed the bourses about the acquisition of the latter by it.

APTEL approves acquisition of Prayagraj power project by Tata Power JV

APTEL has upheld approval granted for transfer of 75.01 percent ownership of Prayagraj power project to Renascent Venture but without any reduction of adopted tariff, the company said in a statement.

Kalpataru Power Transmission bags orders worth Rs 775 crore

According to a company statement, KPTL and its international subsidiary have secured the orders from the government and private clients.

Lodha Group to invest Rs 2,500 cr on three affordable housing projects in Mumbai region

These three projects -- located at Thane, Bhiwandi and Taloja -- will be launched this financial year under a separate brand #39;Crown#39;, he said.

Clix Capital raises $40 million from existing investors

The company is targeting a loan book of Rs 5,500-6,000 crore by the end of the current fiscal as compared to Rs 5,000 crore currently, Clix Capital Services said in a statement.

SBI becomes first Indian bank to have an office in Australia#39;s Victoria

The Melbourne office will assist the growing trade and investment relations between Victoria and India and is the outcome of the state#39;s 10-year India Strategy – our shared future, according to a press release.

10 things you should know about the fee hike for an M.Tech degree in IITs

The fees will be increased to Rs 2 lakh gradually from the Rs 20,000 being charged at present

Glenmark gets Russian health ministry#39;s nod to market allergic rhinitis tablets

"Russia is one of the key markets for us and we are consistently looking to expand our product portfolio," Glenmark Pharmaceuticals Senior Vice President and Head - Asia, Russia and CIS region Csaba Kantor said.

Amazon, Flipkart make record first-day festive sales in India

Flipkart and Amazon began their flagship annual sales on Saturday, with both vying for customers during the October-December festive season when Indians make most of their big-ticket purchases.

SBI becomes first Indian bank to have office in Australia#39;s Victoria

The Melbourne office will assist the growing trade and investment relations between Victoria and India and is the outcome of the state#39;s 10-year India Strategy – our shared future, according to a press release.

Ranitidine controversy: Which Indian pharma companies stand to lose?

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Govt may soon share live status of infrastructure projects

The government intends to invest Rs 100 lakh crore in the listed projects by 2024-25

SEBI eases norms to allow smart cities raise funds through #39;Muni Bonds#39;

The decision comes after the board of Securities and Exchange Board of India approved norms in this regard in August.

Maruti Suzuki launches S-Presso at Rs 3.69 lakh, pitted against the Renault Kwid

Developed largely in-house at the Rohtak engineering centre in Haryana over last three years the S-Presso is pitted against the Renault Kwid

In Pics: Maruti Suzuki S-Presso, price, engine, features, bookings, variants, launch details

Here are all the details of the Maruti Suzuki S-Presso, the latest launch by the market leader

Hyundai-Kia investment in Ola runs into CCI hurdle

While absence of paperwork is the ostensible reason for the application running into trouble, sources said CCI is concerned about the competitive impact of car companies investing in ride-hailing apps

Global third-quarter MA sinks to three-year low amid US-China trade war fears

Concerns that the trade war between the United States and China has plunged global economic growth to its lowest levels in a decade weighed on dealmaking, even as debt financing for acquisitions remained cheap and equity markets stayed robust.

IRCTC IPO: A gem available at a discount

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JSPL aims to reduce net debt to below Rs 30K crore in next 2 years

Jindal said, though there is slowdown, the company is comfortably placed in the market with value added and niche products. The company would be more aggressive in marketing its products and would continue to look to divest the non-core assets, to reduce debt to the target level, he added.

In a first, Reliance Communications AGM to be chaired by resolution professional on September 30

Companies in the diversified group will be holding their annual general meetings (AGMs) in the financial capital.

Coal unions meet on September 30 to decide next course of action

All coal sector trade unions had called a strike against the Centre#39;s decision to allow 100 percent FDI in coal mining.

Consumer durable firms look forward to festive season for sales revival

Although, the industry is struggling for growth in some segments like TV panels, manufacturers expect factors like good monsoon and recent stimulus measures by the government will have positive impact on sales.

Saudi Arabia to invest $100 billion in India

Saudi Ambassador Dr Saud bin Mohammed Al Sati has said India is an an attractive investment destination for Saudi Arabia and it is eyeing long-term partnerships with New Delhi in key sectors such as oil, gas and mining.

South Korea#39;s POSCO continues exploring JV possibility with RINL in Visakhapatnam

The South Korean steel major is looking to set up a joint venture with RINL in Visakhapatnam for manufacturing of value-added special grade of steel.

Onion price rise: Mother Dairy sells 5,000 tonnes produce at cheaper rate so far in Delhi-NCR

Mother Dairy#39;s fruit and vegetable arm Safal has 400 retail outlets in Delhi, Noida, Ghaziabad, Faridabad and Gurgaon.

Why Biocon#39;s 10 cents insulin offer could be a game changer in fighting diabetes

Currently, blended median patient prices in LMICs are $9 per 10 ml vial translating to 36 US cents per day

Govt to set up working group on proposed new industrial policy

It was proposed that the new policy would aim at making India a manufacturing hub by promoting Make in India.

SEBI takes guard against security threats, plans to hire agency

Over the past few years, the regulator has been betting big on technology to address and handle challenges arising out of technological advancements in the markets.

PM#39;s speech at UNGA #39;belie#39; Centre#39;s actions in JK: NC

Addressing the 74th session of the UN General Assembly, the Prime Minister exhorted the international community to stand united against terrorism

Nadda has come from the jungle, can#39;t see development in Bengal: TMC

Senior TMC leader Firhad Hakim wondered why Nadda did not see jungle raj at the Centre as faulty policies of the BJP government has led to the weakening of the economy and job losses across the country.

Decided to quit because of allegations against Sharad Pawar: Ajit Pawar

"I apologise to NCP workers if their sentiments were hurt by my actions," he said.

In oblique reference, VP Naidu praises Modi#39;s UN speech, derides Imran#39;s

"The time has come to pay attention and isolate as soon as possible those who push terrorism. Then only there can be peace," he said.

Uddhav takes dig at Sharad Pawar over ED case politics

Earlier this week, the ED filed a case in connection with the alleged bank scam against Pawar, Ajit Pawar and others, triggering a firestorm in state politics.

Apollo Hospitals gets shareholders#39; approval to raise up to Rs 500 cr via NCDs

Nod to raise up to Rs 500 crore through issuance of non-convertible debentures (NCDs) on private placement basis.

No talks with Pak unless it acts against terrorism: Meghwal

Union Minister Arjun Ram Meghwal on September 27 said there cannot be any talks with Pakistan unless it acts against terrorism.

Yogi interacts with Kashmiri students, talks of dialogue and democracy

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