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Showing posts from June, 2018

Fitch downgrades Punjab National Bank due to fraudulent transactions 

The two-notch downgrade to PNB's rating is a reflection of the significant deterioration in its standalone credit profile. from The Hindu - Business https://ift.tt/2sv0NOE

Fitch downgrades PNB

“The two-notch downgrade to PNB's VR is a reflection of the significant deterioration in its standalone credit profile mainly due to a drop in its core capital ratio.” from The Hindu - Business https://ift.tt/2HjCjMC

Tata Motors forms a new division for electric mobility business

Promotes Shailesh Chandra to lead the vertical. from The Hindu - Business https://ift.tt/2kNOUz2

Failure and faith

The tactics distinct to football fields and business boardrooms from The Hindu - Business https://ift.tt/2JrpTr9

Suzuki’s automobile production in India crosses 20 million milestone

The Japanese small car major began its automobile production in India in December 1983. from The Hindu - Business https://ift.tt/2HlsMoE

What’s driving the GDP revival?

Manufacturing, services and investments are looking up, but the government’s hand clearly stands out from The Hindu - Business https://ift.tt/2stxETL

Global trade spat puts factories, recovery at risk

Eurozone factory growth slowed to a 15-month low in May from The Hindu - Business https://ift.tt/2J9KFZe

FPI outflows hit 18-month high

Overseas portfolio investors pull out ₹29,714 cr. in May, most since Nov. 2016 from The Hindu - Business https://ift.tt/2xDjYdU

Why is the MSCI mulling caps on emerging markets, including India?

Last week, MSCI Inc., a widely-tracked global index provider said it is considering placing some emerging markets including India on notice for limiti from The Hindu - Business https://ift.tt/2stf26x

‘We have to reinvent what we invented 132 years ago’

More opportunities now to create solutions with technology that wasn’t available 10 years ago: Daimler AG’s Källenius from The Hindu - Business https://ift.tt/2HgLzkT

Flipkart deal: Taxman to act after Walmart obtains regulatory nod

I-T dept. may issue notices seeking details of taxes withheld from The Hindu - Business https://ift.tt/2sCWtvL

Bullish on commercial vehicle segment till 2020: Srivats Ram

Demand has gone up in auto sector, says Wheels India MD from The Hindu - Business https://ift.tt/2LWsV59

What’s driving the GDP revival

Manufacturing, services and investments are looking up, but the government’s hand clearly stands out from The Hindu - Business https://ift.tt/2JrxXIu

MSCI mulls caps on EMs including India

Last week, MSCI Inc., a widely-tracked global index provider said it is considering placing some emerging markets including India on notice for limiti from The Hindu - Business https://ift.tt/2HgQ3YA

‘We have to reinvent what we invented 132 years ago’

More opportunities now to create solutions with technology that wasn’t available 10 years ago: Daimler AG’s Källenius from The Hindu - Business https://ift.tt/2JmCcVJ

BSH Household Appliances to invest €100 mn in 4-5 years

BSH Household Appliances Manufacturing Pvt. Ltd. will invest €100 million over the next four to five years in India, said a top official.“We will inve from The Hindu - Business https://ift.tt/2Li2ntZ

IRDAI seeks details of agents

IMFs also told to upload information about sales persons in central database from The Hindu - Business https://ift.tt/2HfbglK

‘We are bullish on CV segment till 2020’

Demand has gone up in auto sector, says Wheels India MD from The Hindu - Business https://ift.tt/2JaicCt

Freudenberg to invest ₹210 cr near Chennai

The new unit will make sealing products for automotive sector from The Hindu - Business https://ift.tt/2sBWO1I

PhonePe crosses 100 million users

Flipkart-owned digital payments start-up PhonePe said it had overtaken Paytm to become the largest consumer payments company in the country. The Benga from The Hindu - Business https://ift.tt/2HdaV36

Two Chinese firms mull manufacturing units in India

Comio sets aside ₹150 crore for the new plant from The Hindu - Business https://ift.tt/2kGkQp0

Startup to launch geared e-motorcycle

COIMBATORE:eMotion Motors, a Coimbatore-based startup, will launch prototype of its geared electric motorcycle - Surge - on June 5 on World Environmen from The Hindu - Business https://ift.tt/2LdMQLU

LMW’s aerospace thrust to bank on carbon composites

Lakshmi Machine Work’s (LMW) Advanced Technology Centre is set to foray into the production of components and sub-assemblies made of carbon composites from The Hindu - Business https://ift.tt/2kJnzy3

Yellow Tie may spend ₹25 crore to expand

Restaurant franchise firm to buy QSRs from The Hindu - Business https://ift.tt/2Hen9bJ

‘PSB losses wipe out $13 bn of infusions’

Situation likely to sustain in FY19: Fitch from The Hindu - Business https://ift.tt/2LfOCMn

Goldman VP insider rap is Goliath-beats-David tale

At issue is why the SEC and FBI would go to all the effort from The Hindu - Business https://ift.tt/2kMwgaV

Ross to press China to buy as allies seethe over U.S. tariffs

U.S. Commerce Secretary in Beijing to secure Chinese purchases of commodities from The Hindu - Business https://ift.tt/2sA7Cxx

Healthcare investors weigh bets as election risks loom

The issue of drug pricing remains in the political spotlight from The Hindu - Business https://ift.tt/2J6o3fY

India’s BPCL seeks extra Iran oil amid sanctions threat

Iranian oil attractive due to discount; India, Europe to explore ways to protect trade with Iran from The Hindu - Business https://ift.tt/2szZRaW

Fresh allegations against Kochhar

‘Ruia brothers received undue favours’ from The Hindu - Business https://ift.tt/2J88D73

Eveready plans to monetise land

Board approves proposal to sell surplus assets within 12 to 18 months from The Hindu - Business https://ift.tt/2HeBtRp

Konica unit eyes 8% market share

Konica Minolta Business Solutions Pvt. Ltd., a leader in advanced imaging and networking technologies, has drawn up plans to achieve double digit grow from The Hindu - Business https://ift.tt/2LT9ZnP

‘Relaxation in cabotage law to benefit Indian ports’

It can address accumulation of empty containers: MANSA from The Hindu - Business https://ift.tt/2sq9TMC

Exhibition firms seek industry status

‘Sector channelises ₹3 lakh cr. business; spends ₹25,000 cr. on organising events’ from The Hindu - Business https://ift.tt/2sxYedO

Long-term motor insurance on cards

IRDAI urges insurers to design third party five-year policy for two-wheelers, three-year cover for cars from The Hindu - Business https://ift.tt/2JsgXCd

SEBI bars Mallya from capital market for 3 years

SEBI bars Mallya from market for three yearsThe Securities and Exchange Board of India (SEBI) has barred Vijay Mallya from the securities market for t from The Hindu - Business https://ift.tt/2Jkcf9o

Rs 1 crore reward for informants on benami schemes: Govt

Inform on benami deals to get up to ₹1 cr. reward The government announced a scheme for informants of benami transactions under which an individual ca from The Hindu - Business https://ift.tt/2LfXuSh

AirAsia chief gets CBI summons

The summons to Mr. Fernandes has been sent through e-mail. from The Hindu - Business https://ift.tt/2Jm3Pyo

Auto sales zip on fast lane in May

Maruti Suzuki clocks 24% growth in passenger vehicles , Tata Motors 61% from The Hindu - Business https://ift.tt/2LN5Lhw

May auto sales rise in double digits

Maruti Suzuki clocks 24% growth, Tata Motors 61% from The Hindu - Business https://ift.tt/2Hb7fyO

Chanda Kochhar is on annual leave, ‘will resume mid-June’

ICICI Bank’s board denies that the CEO has been asked to proceed on leave from The Hindu - Business https://ift.tt/2kEM2UX

Samsonite CEO exits on short-seller attack

Tainwala accused of resume padding from The Hindu - Business https://ift.tt/2LODdVb

Reliance lists gaming unit Codemasters

Raises 1,700 crore from the LSE listing from The Hindu - Business https://ift.tt/2xvR5jX

India’s manufacturing PMI eases in May

Global oil prices could potentially destabilise India’s recovery, warns report from The Hindu - Business https://ift.tt/2J8RsCk

‘SEBI failed to act against Tata Finance’

SAT says markets regulator let off the firm despite finding serious violations in preference shares issue from The Hindu - Business https://ift.tt/2LejwVE

Warburg Pincus to buy 26% in IndiaFirst Life

U.K.’s Legal & General to sell stake from The Hindu - Business https://ift.tt/2Jm9swo

Power firms win court reprieve from RBI’s strict norm on NPAs

Allahabad HC directs finance ministry to hear sector’s views from The Hindu - Business https://ift.tt/2LbgYHS

HDFC hikes home loan rates by 10 bps

Mortgage lender HDFC has hiked the home loan rates by 10 bps with effect from tomorrow, June 2, 2018.As a result, home loan rates for upto Rs.30 lak from The Hindu - Business https://ift.tt/2svO2mb

Tata Boeing Aerospace begins delivery of AH-64 Apache chopper fuselage

The facility at Adibatla is the sole global producer of fuselages for AH-64 Apache helicopter delivered by Boeing to its global customers. from The Hindu - Business https://ift.tt/2J9wDXv

Radiant Life Care back in race for Fortis

Board appoints Ravi Rajagopal as chairman. from The Hindu - Business https://ift.tt/2JiQvKV

GST collections in May drop to ₹94,016 crore

GST collections in May declined to ₹94,016 crore from over ₹1.03 lakh crore in April, the Finance Ministry said on Friday. As many as 62.47 lakh bus from The Hindu - Business https://ift.tt/2xyc1a6

Tough action needed to turn around Air India: Anand Mahindra

With the Government's effort to privatise Air India eliciting no response from prospective bidders, Anand Mahindra, chairman of the Mahindra group, from The Hindu - Business https://ift.tt/2J3YBry

Tough action needed to turn around Air India: Anand Mahindra

Lists action programme for the Government. from The Hindu - Business https://ift.tt/2J5Jutz