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Reserve Bank warning on infra projects' loan refinancing

Following the issuance of the Reserve Bank of India (RBI)' 5/25 scheme, banks had taken up flexible structuring of a few projects

Retail inflation at eight-month low of 3.78%

Food inflation more than halved to 2.15 per cent in July from 5.48 per cent in the previous month

GST jettisoned, govt considers special session

House disruptions put a question mark on planned roll out of GST by April 1, 2016

China's action on yuan a lesson to world economies: CEA

The devaluation aims at reducing the spread between onshore and offshore rates

OneAssist raises series B funding from Sequoia, Lightspeed and Assurant invest

Funding will be used by OneAssist to expand and deepen its distribution particularly in the online and digital areas

CIL net dips on higher expenses

38.4% the rate at which contractual expenses rose y-o-y to Rs 2,490 cr

SC stays Maran bail cancellation till Sept, gives govt a big rap

Oil India first quarter net profit dips 9%

Dry well write-off stood at Rs 56.55 crore in June quarter

Govt clears spectrum sharing by telcos

Move could address the problem of call drops to some extent

Indian Hotels net back in black

Mumbai-based company reported a consolidated net profit of Rs 35-cr for June quarter

Drug regulatory infra gets Rs 1,750 cr

The money will be spent to set up testing laboratories and a training academy for regulatory and testing officials, among other things

Extra Rs 300-cr drought package for farmers approved

The Cabinet also eases norms for Rs 6,000-cr soft loan for sugar sector

Shriram Life net up 42%

City Union Bank Q1 net grows 12% to Rs 111 cr

Total income grew by 7.6% during the quarter at Rs 811 cr

IndusInd Bank raises Rs 5,081 cr via QIP

The lender said that the amount raised will be used to support the growth and will also help in augmenting the capital adequacy ratio

Axis Bank launches contactless cards

RBI guidelines allow processing contactless transactions below Rs 2,000 without a PIN

Nestle disappointed over Centre's class action suit

Conflict intensifies as verdict on recall of Maggi case in Bombay High Court is due tomorrow

Walmart resumes India expansion after 3-yr break

Rolls out first standalone store in Agra

Taiwan electronic manufacturing cluster at Bengaluru

City expects Rs 3,200 cr investment

Jethabhai Patel elected as new GCMMF chairman

Patel has been chairman Sabar Dairy since 2010