News

OMCs unlikely to be impacted by US withdrawal of sanction waiver

Business Standard - 2 hours 18 min ago
Analysts say firms can source oil from other countries, but investors need to be conscious about rising crude prices
Categories: Business News

Barclays to cut investment bankers' bonuses: FT

Reuters Business News - 2 hours 20 min ago
Barclays Plc is planning to cut bonuses for investment bankers as it steps up its defence against activist investor Edward Bramson ahead of next week's annual meeting, the Financial Times reported on Monday.
Categories: Business News

Sensex declines 495 points over Iran oil concerns; Nifty ends below 11,600

Business Standard - 2 hours 26 min ago
Both indices fell the most since December 21, 2018
Categories: Business News

Jet Airways bids set to draw a blank; Etihad to say no, TPG back out too

Business Standard - 2 hours 32 min ago
Among others, US-based private equity firms TPG Capital and Indigo Partners have not yet started any due diligence, in an indication that they don't intend to submit a binding bid
Categories: Business News

Money laundering case: ED orders Kochhars to appear with asset lists

Business Standard - 2 hours 36 min ago
Chanda Kochhar also has to provide income-tax returns in her individual capacity and of companies if she was a director or held any position
Categories: Business News

RBI committee to peg excess capital at Rs 3 trillion, says BofAML

Business Standard - 2 hours 39 min ago
BofAML's note comes as the panel led by former governor RBI Bimal Jalan prepares to submit its report in the coming weeks
Categories: Business News

Gail top bidder for IL&FS wind power plants with Rs 4,800-crore offer

Business Standard - 2 hours 42 min ago
Gail has offered Rs 4,800 crore for the wind projects, which will fetch the beleaguered group 100 per cent of the enterprise value, thereby resulting in no hair cut to the debt of the SPVs
Categories: Business News

RBI may tweak Feb 12 circular on stressed assets to 30-day grace period

Business Standard - 2 hours 52 min ago
New circular to treat term loan, cash credit on par with reference to buffer
Categories: Business News

World Cup: Nice guy, finish first! selectors' veiled advice to Rishabh Pant

Business Standard - 2 hours 58 min ago
Chief selector MSK Prasad said 'Pant was almost there' but finishing matches was the important point where they felt 33-year-old Karthik had an advantage over 21-year-old Rishabh Pant
Categories: Business News

Blackstone to buy controlling stake in Essel Propack for Rs 3,211 crore

Business Standard - 2 hours 59 min ago
Blackstone will buy 51 per cent in the specialty packaging company from promoter Ashok Goel at Rs 134 a share
Categories: Business News

U.S. names experts to Boeing certification review panel

Reuters Business News - 3 hours 1 min ago
U.S. Transportation Secretary Elaine Chao said on Monday she named four experts to a blue-ribbon committee to review the Federal Aviation Administration's (FAA) aircraft certification process after two deadly Boeing 737 MAX crashes killed nearly 350 people.
Categories: Business News

Debating austerity

Business Standard - 3 hours 5 min ago
At the crux of the book is the notion that when governments are facing an unsustainable debt position, it is much better to rein back deficits through spending cuts rather than tax increases
Categories: Business News

Governing uncertainty in geoengineering

Business Standard - 3 hours 10 min ago
Climate geoengineering is deliberate large-scale intervention in Earth's climate system to limit adverse global warming
Categories: Business News