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BPCL shares drop over 3 pc as govt clears way for privatisation

BPCL shares drop over 3 pc as govt clears way for privatisation

The government is mulling selling most of its 53.3 per cent stake in BPCL to a strategic partner.

7 Oct 2019 11:01 AM IST

HSBCs net profit for the first half also fell 28 per cent from the same period in 2015, dropping to $6.91 billion.

HSBC to cut up to 10,000 jobs in drive to slash costs: report

The plan represents the lenderâ€™s most ambitious attempt in years to cut costs.

7 Oct 2019 9:45 AM IST

Yes Bank files complaint against fake news on its financial health

Yes Bank files complaint against fake news on its financial health

Shares of the company are witnessing heavy beating at stock exchanges during the last few days.

6 Oct 2019 5:12 PM IST

BMW and Toyota have for some years been collaborating on fuel cell technology, lightweight components, and on possibly jointly developing the underpinnings of a sportscar.

Auto industry facing structural issues, affordability a challenge:...

It is a big structural issue that we will have to go through...Affordability is the real problem, said Toyota...

6 Oct 2019 2:49 PM IST

BPCL nationalisation act repealed in 2016; way clear for privatisation

BPCL nationalisation act repealed in 2016; way clear for privatisation

BPCL at the close of market on October 4 had a market capitalisation of about Rs 1.11 lakh crore.

6 Oct 2019 1:40 PM IST

Fund for digital payment infra in cities & towns

Fund for digital payment infra in cities & towns

Banks will identify one district in each state or union territory to make it 100 per cent digitally enabled.

5 Oct 2019 12:48 AM IST

Banks can quote forex rates round the clock

Banks can quote forex rates round the clock

The directions for implementing recommendations will be issued in consultation with the central government and other...

5 Oct 2019 12:45 AM IST

Microfinance lending limit raised to Rs 1.25 Lakh

Microfinance lending limit raised to Rs 1.25 Lakh

Lending limit per borrower has been raised from Rs 1 lakh to Rs 1.25 lakh.

5 Oct 2019 12:41 AM IST

Cut: Repo by 25 bps, GDP by 80 bps

Cut: Repo by 25 bps, GDP by 80 bps

Loan rates to come down; repo rate now at 5.15%, GDP growth pegged at 6.1%

5 Oct 2019 12:38 AM IST

The top three reasons for looking for a job in India include, new skill development cited by 42 per cent of respondents, salary (40 per cent) and better working conditions (39 per cent). (Representational Image)

India Inc welcomes RBI move; says rate cut will spur growth

The industry emphasised that it was now critical for banks to facilitate a faster transmission of rate cuts.

4 Oct 2019 3:50 PM IST

HDIL promoters, PMC board members charged with money-laundering

HDIL promoters, PMC board members charged with money-laundering

Mumbai Police arrested the tow directors at HDIL, Rakesh Wadhawan and Sarang Wadhawan on Thursday.

4 Oct 2019 10:32 AM IST

E-com sales garner Rs 11,500 crore in 3 days

E-com sales garner Rs 11,500 crore in 3 days

Mobile phones account for 55% of total GMV.

4 Oct 2019 12:29 AM IST