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United Bank of India and Srei are the first in the industry to enter into an arrangement for co-origination of loans under the Co-origination Model between Banks and NBFCs (non-deposit taking) for providing competitive credit to priority sector.

Srei focuses on co-lending biz; PAT down

The company-'s consolidated PAT was at Rs 98.04 crore in the first six months of this financial year against Rs 250.52...

13 Nov 2019 1:25 AM IST

As on 2018-end, the total supply of flexible workspaces was anywhere between 7 and 7.5 mn sq ft area and is expected to cross 10 mn sq ft by 2019-end.

Co-working to see higher scrutiny after WeWork fall

The massive demand for co-working spaces in the country by budding entrepreneurs, tech start-ups and even the big...

13 Nov 2019 1:22 AM IST

India holds a very important place in its heart because it is in India that the idea of the iconic timepiece- Reverso was born, when a polo player asked for a watch that could resist the toughness of his favorite sport.

Jaeger-LeCoultre puts up rare watches on auction

This coincides with the iconic timepiece brand identifying India and Indian collectors as one of the fastest growing...

13 Nov 2019 1:17 AM IST

JSW Steel is a leading integrated steel company in India with an installed steel-making capacity of 18 MTPA.

JSW Steel output falls 13 per cent to 12.54 LT in October

The company had produced 14.47 LT crude steel in October 2018, it said in a BSE filing.

12 Nov 2019 5:16 PM IST

Vodafones shares were up 0.6 per cent at 161 pence at 0931 GMT as investors focused on an upgrade to its earnings forecast rather than India. (Photo: PTI)

Vodafone-'s future in India in doubt after latest setback

Vodafone had asked the government for a relief package comprising a two-year moratorium on spectrum payments.

12 Nov 2019 3:35 PM IST

IL&FS Group holds 73.70 per cent stake in Schoolnet India Ltd (SIL).

IL&FS gets creditors-' approval for sale of education business

The transaction marks the latest step towards overall resolution of debt totalling around Rs 94,000 crore.

12 Nov 2019 3:22 PM IST

Google said in a blog post on Monday that patient data cannot and will not be combined with any Google consumer data. (Photo: ANI)

Google signs healthcare data and cloud computing deal with Ascension

Google and Ascension operates 150 hospitals and more than 50 senior living facilities across the United States.

12 Nov 2019 1:29 PM IST

Sales volume during the quarter stood at 2.33 lakh, increasing by 13 per cent over the corresponding period last year. (Photo: File)

Jindal Stainless reports Q2 profit at Rs 52 crore

The company clocked standalone net revenue of Rs 3,170 crore compared to Rs 3,068 crore in the same period.

12 Nov 2019 12:54 PM IST

Tata Chemicals, which has the interest of its employees well-being, promotes ethical conduct at work, work-life balance, supportive maternity leave, flexible work hours

Tata Chemicals features in top 10 safe workplaces for women in India

Nationwide survey on Safe Places to Work evaluated organisations on degree of safety & inclusiveness provided to women...

12 Nov 2019 10:49 AM IST

The deal will strengthen the partnership between the two companies, helping to accelerate FCGs ranking to one of the top five car marketplaces worldwide.

OLX Group to invest up to USD 400 mn in FCG

OLX Group-'s new investment of up to USD 400 million comprises a primary injection of capital in FCG.

12 Nov 2019 9:53 AM IST

Coal Indias net profit increased as its tax outgo declined significantly to Rs 754.25 crore from Rs 2,031.71 crore in the year-ago quarter.

Coal India Q2 net profit up 14 pc to Rs 3,522 crore

The company-'s net profit stood at Rs 3,084.54 crore in the year-ago period, it said in a regulatory filing.

12 Nov 2019 9:43 AM IST

According to Alibaba, the year-on-year GMV growth registered a 25.7 per cent rise, while the number of delivery orders stood at a massive 1.292 billion.

Alibaba-'s Singles-' Day sales hit new record of USD 38 billion

The Alibaba Group-'s various shopping platforms-' total GMV exceeded USD 10 billion in just 29:45 seconds.

12 Nov 2019 9:28 AM IST