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The six-member bank consortium included SBI, IDBI, and United Bank of India, others

State-run lender United Bank of India on Tuesday clarified that it never had any exposure to DSK Developers, which is embroiled in a loan fraud controversy that led to
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Country needs about $200 billion investment into the infrastructure sector annually, said the CEO

Mumbai: The National Infrastructure and Investment Fund (NIIF) is looking to launch a $2-billion long-term fund to finance various mega projects. The new fund has already been registered. The NIIF already has two operational funds -- the NIIF master
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LIC is the biggest public shareholder in IDBI Bank, with a stake of 10.82% as of March.

The government is considering selling over 40 per cent of its stake in IDBI Bank to state-run Life Insurance Corporation (LIC), sources have told
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AirAsia is offering 20 per cent discount on international flight tickets on all seats of all flights, said the carrier on its official website- airasia.com.  AirAsia's latest on international flight tickets are available on flights flying to Kuala
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Top crude oil producers agreed to boost production by around a million barrels a day from July

With the key meeting of OPEC now behind, petroleum investors are looking out for the next trend in crude oil prices. While crude oil prices jumped after the
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FPIs sold shares worth a net Rs 1,343.44 crore on Friday.

The Indian rupee lowered by 29 paise to 68.13 against the US dollar in early trade on Monday. As demand for the American unit from importers and banks picked up, Indian rupee weakened. Also, pressure was put on Indian rupee as domestic equity markets

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When rains have lashed parts of Maharashtra causing considerable damage in the highly-populated places including Mumbai and the adjoining areas where four persons have died in the past 24 hours. Among the four people who died included a 15-year-old
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IRDAI does not allow LIC or any other insurer to own more than 15 per cent in any company.

Mumbai: The government today sounded evasive about the media reports that it was planning to ask LIC to take a controlling stake in the crippled IDBI Bank, saying the boards of the respective entities will take a call on the matter. "Both IDBI Bank and LIC
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To avail AirAsia's offer on flight tickets, customers are required to make advance booking.

In a fresh sale, AirAsia India is offering 20 per cent discount on all seats of all flights, as stated on its website, airasia.com. The latest offer from
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Varroc Engineering IPO opened on Tuesday. The Varroc Engineering IPO's price band has been fixed in the range of Rs 965 and Rs 967. Varroc group started in 1988. The company is a global tier-1 automotive component manufacturer and supplier of exterior
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William Boulter, who is currently IndiGo's chief strategy officer, will be taking over as CCO

Sanjay Kumar, chief commercial officer (CCO) of IndiGo, has resigned from the airline, with effect from July 15, 2018, to pursue other career interests, said
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All concessional fares are calculated on the basis of fares for mail/express trains.

Indian Railways offer concessions on ticket prices to different categories. The quantum of these concession ranges from 25 per cent to 100 per cent. These reductions
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India's stock markets opened lower on Tuesday as the market benchmark index Sensex declined 114 points to open at 35,355.72 points. However, the losses were quickly pared, and the benchmark index retreated to trade in the positive range. At 12.44 pm,
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Thirty five stocks on the 50-scrip Nifty index finished in the negative zone

The Sensex shed 219 points to close at 35,470 on Monday. The NSE Nifty declined 59 points to settle at 10,762. Domestic equity markets tracked weakness in Asian peers, where renewed US-China trade concerns hurt sentiments. Losses in

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Market live: Sensex gains were by Infosys, Vedanta and Larsen - Toubro.

The stock markets started the week on Monday on a negative note, with the S-P BSE Sensex dipping 56.31 points or 0.16 per cent to trade at 35,633.29 in early morning trade.
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Weakness in the rupee came despite a sharp pull back in crude prices last week.

Extending the losses, the Indian rupee on Tuesday dropped further by 7 paise to open at 68.20 against the US dollar in early trade. The weakening of Indian rupee is due to
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Sovereign however remained unaltered at Rs 24,800 per piece of eight gram in limited deals.

New Delhi: Gold gained Rs 50 to close at Rs 31,650 per ten gram at the bullion market on Monday on persistent buying by local jewellers despite a weak trend
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Petrol and Diesel Rates Today: Fuel prices in the country are determined by global crude oil prices.

For the fifth consecutive day, oil marketing companies (OMCs) cut petrol prices on Monday. According to the rate chart, petrol price in Delhi today is
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Bengaluru: Software significant Infosys on Monday rejected an investigation by the US regulatory watchdog SEC versus it and said it would file Form 20F within the specified time. Speculation that the Form 20F is not filed in time or there is an ongoing SEC investigation is baseless and inaccurate, an Infosys official told IANS here.Responding to media
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There was no disruption in running of trains on Western Railway suburban section.

Indian Railways operated Western Railway has mentioned a list of trains rescheduled today because of Mumbai rains on its official twitter handle- @WesternRly. Several trains are running late or have been rescheduled due to heavy Mumbai rains. The Southwest Monsoon
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The progress of monsoon rainfall is being watched by farmers and economists alike. While sowing of crops such as cotton, corn and pulses has been delayed due to slow progress of monsoon, weather office IMD (India Meteorological Department) has said
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For the 6th day in a row, petrol prices were cut on Tuesday across all cities. Fuel prices have been lowered by upto 14 paise in Delhi and Kolkata, by 18 paise in Mumbai and by 15 paise in Chennai. Now, after the Tuesday's rate cut, the fuel rates in city cities of Delhi, Kolkata, Mumbai and Chennai
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Jet Airways is offering 10% discount on domestic flights under its '25th anniversary special sale' offer.

Airlines in the country are offering a host of offers on domestic and international flight tickets on the back of ongoing summer vacations. Jet
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These postpaid plans amid high competition in the telecom sector.

Vodafone India recently revamped all its postpaid recharge plans by increasing data benefits and a host of other benefits to take on other telecom operators. After offering a number of pr
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INR vs USD: Weakness in the equity markets added to pressures on the rupee against the dollar

The rupee weakened by 29 paise to finish at 68.13 against the US dollar on Monday. Demand for the greenback from importers and banks put pressure on the
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IRCTC's payment reconciliation team works on a 24x7 basis.

IRCTC (Indian Railway Catering and Tourism Corporation) offers the benefit of booking train tickets under foreign tourist quota on it's website/app, informed Indian Railways' online ticketing
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The Parliamentary committee is headed by Congress leader M Veerappa Moily.

Senior officials of 11 public sector banks (PSBs) will appear before the Parliamentary Standing Committee on Finance on Tuesday on the issue of the banks' massive non-performing
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PolicyBazaar.com records sale of nearly 300,000 transactions a month, ETechAces said in a statement

Online insurance aggregator PolicyBazaar has raised more than $200 million (Rs 1,362 crore at $1 = Rs 68.13) in a new round of funding led by SoftBank
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House Rent Allowance (HRA) is an important source of saving income tax.

The last date to file income tax returns for financial year 2017-18 is July 31. If you are now wondering over the amount that you are paying as income tax, you should realise that
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TRAI Name and Logo Design Contest: Entries must be submitted by July 2, according to a statement

Telecom regulator TRAI or Telecom Regulatory Authority of India has announced prizes worth a total Rs 2 lakh under a name and logo design contest. Two
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