 | Cobrapost expose: RBI penalises Axis, HDFC, ICICIMUMBAI: The Reserve Bank today imposed a fine of Rs 5 crore on Axis Bank, Rs 4.5 crore on HDFC Bank and Rs 1 crore on ICICI Bank for violation of KYC norms and anti-money laundering guidelines after inquiring into charges levelled by a online portal ... |
 | Sensex ekes out marginal gains in volatile tradeKey benchmark indices witnessed divergent trend amid high intraday volatility. While the 50-unit CNX Nifty registered a marginal decline, the barometer index, the S&P BSE Sensex, ended just a tad higher for the day. The Sensex advanced 11.84 points or ... |
 | Rupee slumps to all-time low; all eyes on RBI, GovtThe rupee on Monday sank by a staggering 110 paise to life-time low of Rs. 58.16 against dollar, making the struggling economy further vulnerable as imports become costlier, inflation risks rise and record high CAD worsens. A confluence of negative factors ... |
 | Ahead of Etihad Airways deal decision, Jet Airways shares tank over 11%Shares of Jet Airways (India) today tumbled by over 11 per cent ahead of the Finance Ministry's meeting tomorrow on the Rs 2,000-crore Etihad deal. After plunging 13.46 per cent in intra-day trade, the scrip finally ended at Rs 403.70, down 11.18 per cent ... |
 | ONGC Videsh, Oil India to buy stake in Mozambique gas field for $2.5 billionMumbai: State-controlled oil companies ONGC Videsh and Oil India Ltd have agreed to buy a 10 per cent stake in a Mozambique oil and gas field from Videocon Industries for $2.48 billion. The acquisition will be implemented through a new entity, in which ... |
 | Equity mutual funds redemptions hit 8-mth highRedemptions from Indian equity mutual funds rose to an eight-month high in May with domestic investors pulling over $500 million from stocks as poor returns and a volatile market kept cautious investors at bay. Investors withdrew 29.1 billion rupees ($509.86 ... |
 | Karan Bajwa takes over as Microsoft India MDMicrosoft India said Karan Bajwa will take over as MD from Akerkar, who will move back to the US and take up another assignment for the company. ET SPECIAL: Now know your capital gain taxes with ET Portfolio. BANGALORE: The Indian arm of the world's ... |
 | Sterlite Industries copper plant can operate until July second weekREAD MORE ON » vedanta | Tamil Nadu State Pollution Control Board | tamil nadu | Sterlite Industries | National Green Tribunal | Gyan Sudha Misra | copper supplies. Sterlite Industries can operate once it re-opens until the second week of July, when experts ... |
 | GMR Airports picks up 17.03% stake in Delhi Duty FreeDelhi Duty Free Services is operating, maintaining and managing the duty free outlets at IGI Airport under concession from Delhi International Airport Private Limited (DIAL) for a period of 15 years up to 2024-25. "GMR Airports, a subsidiary of GMR ... |
 | L&T consortium wins Rs 6699.50 crore projectMUMBAI: Engineering major Larsen & Toubro (L&T), along with its Japanese consortium partner Sojitz Corp, has bagged a Rs 6,699.50 crore order from Dedicated Freight Corridor Corporation. The company's construction arm L&T Construction has secured ... |
