Business- Page 35

New Delhi: Punjab National Bank (PNB) reported a 7.12 per cent year-on-year (y-o-y) rise in its net profit at Rs 246.51 crore for December quarter of financial year 2018-18 (FY19). It had

New Delhi: Moody’s Investors Service said that fiscal slippage from the budgeted targets for the past two consecutive years and tax cuts and spending ahead of the general elections, is credit negative

Mumbai: Amazon.com and Walmart Inc.’s plans to dominate India’s online retail landscape have been ambushed by Prime Minister Narendra Modi’s political priorities heading into a tightening election. The vote, which must be

Mumbai:For a capital-starved economy, India shows little urgency to extricate good money stuck in failed businesses. That was going to change after the adoption of a modern bankruptcy regime in May 2016.

New Delhi: To protect domestic players from cheap imports, India has imposed anti-dumping duty on as many as 99 Chinese products as on January 28 this year, Parliament was informed. “As on

New Delhi:French auto major Renault launched a new range of its entry-level small car Kwid equipped with enhanced safety features in India in the price bracket of Rs 2.67-4.63 lakh (ex-showroom Delhi).

New Delhi:Foreign direct investment (FDI) into India has declined 11 per cent to USD 22.66 billion during April-September period of the current fiscal, according to commerce and industry ministry data. The foreign

Mumbai:The country’s largest lender State Bank of India denied reports that its servers have been compromised last week and assured that all its customer data continue to remain safe and secure. According

London: Mallya says the items are held by trusts that he has no interest in, according to the banks’ filings. Mallya wasn’t represented at the hearing and didn’t immediately respond to an

Islamabad: China will provide USD 2.5 billion in loans to Pakistan to boost the foreign exchange reserves of its “all-weather ally”, a media report said Saturday. The country’s USD 8.12 billion reserves,