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Times of India: Business News and Markets News

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Updated: 2 min 26 sec ago

PNB scam: ED files first chargesheet against Nirav Modi, associates

2 hours 30 min ago
Few days back, the central probe agency had attached assets worth Rs 170 crore of Nirav Modi in connection with its money laundering probe.
Categories: India News

Jet Airways shares hit 52-week low on weak Q4 earnings

4 hours 11 min ago
Jet Airways on Wednesday reported a standalone net loss of Rs 1,036 crore in the March quarter due to rise in oil prices and weaker rupee.
Categories: India News

Saudi's $80 oil goal eating into PM Modi's budget before polls

4 hours 29 min ago
Narendra Modi’s government made the most of cheap oil by substituting any fall in prices with taxes that kept retail fuel rates unchanged for consumers and boosted the federal revenue.
Categories: India News

Whistleblower slams Infy board, again

Wed, 05/23/2018 - 8:29pm
Categories: India News

State-run banks’ losses near Rs 50,000 cr in Q4

Wed, 05/23/2018 - 4:13pm
The huge losses are a fallout of new Reserve Bank of India (RBI) norms scrapping all loan-restructuring schemes and will put pressure on the government to infuse more capital into public sector unit (PSU) lenders than planned earlier.
Categories: India News

Bankruptcy relief for MSME promoters

Wed, 05/23/2018 - 3:54pm
The Cabinet, which has recommended the promulgation of an ordinance to amend the Insolvency and Bankruptcy Code (IBC), has suggested that promoters of companies with turnover of up to Rs 250 crore will be allowed to bid.
Categories: India News

Homebuyers to be treated on a par with lenders

Wed, 05/23/2018 - 3:05pm
Although the amendments through an ordinance that was cleared by the union cabinet will be prospective, it will have bearing on cases that are already facing insolvency proceedings and the resolution plan is in the works, experts said.
Categories: India News

Tata Motors net profit drops nearly 50% in Q4

Wed, 05/23/2018 - 7:52am
Categories: India News

Cabinet clears amendments to bankruptcy code

Wed, 05/23/2018 - 6:31am
The Cabinet today cleared amendments to the Insolvency and Bankruptcy Code (IBC), incorporating changes suggested by a government appointed panel.
Categories: India News

India's billionaire count to rise 3 times by 2027: Report

Wed, 05/23/2018 - 5:35am
By 2027, the United States is likely to have the maximum number of billionaires at 884, followed by China (697), and India (357) in the second and third positions, respectively.
Categories: India News