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Raj Kumar served the LIC as executive director (international operations), CEO, LIC Mutual Fund Asset Management, zonal manager (I/C), Central Zone, Bhopal, ED (HRD-OD), ED (estate and office services).

Business

LIC launches special revival campaign

We had sought and got a special approval for extending this benefit to policies issued from January 1, 2014 also: LIC.

5 Nov 2019 1:46 AM IST

Tata Power will set up a new unit, TP Renewable Microgrid Ltd, to build the microgrids through 2026 that will serve nearly 5 million homes in the countryside and impact 25 million people, the two organisations said in a joint statement on Monday.

Business

Tata, Rockefeller Foundation plan 10,000 microgrids

The venture will become the world-'s largest microgrid developer and operator, they said.

5 Nov 2019 1:12 AM IST

$Airtel said it is approaching the Department of Telecom (DoT) to seek clarity on the total amounts involved and \request for their support to deal with this adverse outcome.\$ Business

Airtel prepaid users to get Rs 4 lakh life cover under Rs 599 plan

The company has launched the service in select states, including Delhi, and will be gradually roll out in rest of the...

4 Nov 2019 4:56 PM IST

Total income on a consolidated basis rose to Rs 32,850.89 crore in the said quarter from Rs 22,950.66 crore a year ago. (Photo: PTI)

Business

HDFC Q2 net profit up 76 per cent at Rs 1,749 crore

Total income (standalone) increased to Rs 13,494.12 crore from Rs 11,256.96 crore a year ago.

4 Nov 2019 3:32 PM IST

The bank has deposits of over Rs 11,000 crore and the RBI has said that 77 per cent of the depositors can withdraw their money with the Rs 40,000 limit.

Business

What steps taken to help PMC Bank depositors, HC asks RBI

The Enforcement Directorate is investigating the case and has attached the assets of HDIL promoters.

4 Nov 2019 2:42 PM IST

Infosys founders, once a byword for financial probity, must clean house. Or go the way of outsourcing firm Satyam Computers, and its Rs 7,000 crore accounting scam of 2009.

Business

India-'s Infosys says no prima facie evidence on whistleblower...

The letter was in reply to the NSEâ€™s request to the company to explain why it had not disclosed the receipt of the...

4 Nov 2019 1:25 PM IST

Travellers affected by the outage took to Twitter to raise concerns.

Business

IndiGo servers down across network, passengers stuck in queues

IndiGo-'s outage comes as dozens of flights face delays or cancellations on Monday, according to reports

4 Nov 2019 1:02 PM IST

Yes Bank had reported a net profit of Rs 965 crore in the same quarter of the previous year.

Business

Yes Bank shares plunge 15 per cent after Q2 net loss

Total income (consolidated) also slipped to Rs 8,347.50 crore during July-Sept 2019-20, as against Rs 8,713.67 crore.

4 Nov 2019 12:32 PM IST

Financing higher studies can be difficult, and in the absence of a scholarship you may have to look for a student loan to ensure that your childs further studies arent compromised upon. (Representational Image)

Business

Now finance your higher studies abroad with a Loan against Property

Overseas education continues to be an attractive proposition for undergraduate and postgraduate students.

4 Nov 2019 11:22 AM IST

Aramco is believed to be planning to sell the rest of a planned tranche of five per cent of the firm on an international bourse.

Business

Saudi Aramco kick-starts what could be world-'s biggest IPO

Bankers have told the Saudi government that investors will likely value the company at around USD 1.5 trillion.

4 Nov 2019 9:24 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

Business

Slower growth seen for NBFC-MFIs

In the June quarter, AUMs grew 4 per cent QoQ against 20 per cent in the same quarter last year.

4 Nov 2019 1:15 AM IST

We are cautiously optimistic. The reason why we are cautious is that we do not have a crystal ball. Many of the factors like high cost of acquisition, confusion related to BS-IV and BS-VI, issues related to finance norms and liquidity etc, continue to be there, said MSI Executive Director (Marketing & Sales) Shashank Srivastava.

Business

Maruti Suzuki -'cautiously optimistic-' over sales prospect in coming...

Maruti Suzuki said it would take at least few more months to get clarity if the industry is finally on a revival path.

3 Nov 2019 4:58 PM IST