Prime Minister Narendra Modi met US President Donald Trump at the White House on Monday as part of his US visit. Here are the highlights
US-India ties have ‘never been stronger’, says Donald Trump after Modi meeting: Narendra Modi hails the US as primary partner in rapid social and economic transformation, Donald Trump lauds PM for overseeing growth rates faster than any major economy
Reliance Industries seeks shareholders’ nod to raise Rs25,000 crore via debt: Reliance Industries proposes to raise funds via private placement of non-convertible debt instruments to meet capital expenditure target
Banks may move NCLT against four of 12 major defaulters this week: Monnet Ispat, Alok Industries, Amtek Auto and Essar Steel will likely be the first companies where bankruptcy proceedings are initiated this week
GST: Car firms brace for short-term losses: Hyundai, Mahindra offer steep discounts to push car sales before GST implementation, Maruti Suzuki, Toyota cut shipments to dealers to liquidate stock
http://www.livemint.com/Industry/4AhMHS5HvqknHh89XiMLOI/GSTAutofirms-brace-for-shortterm-losses.html
Uttar Pradesh farmers worried over farm loan waiver conditions: Uttar Pradesh’s farm loan waiver plan covers small, marginal farmers with debts of up to Rs1 lakh, leaving the rest a worried lot
Wal-Mart to benefit from GST in India: Krish Iyer: Wal-Mart India CEO Krish Iyer says under GST, the need for warehouses in every state will go away—a big benefit in terms of economies of scale
Textile traders to go on strike against GST on Tuesday: Textile traders, who will begin a three-day strike on Tuesday in protest against the goods and services tax (GST) Council’s decision to levy 5% tax on the sector
Chinese troops enter Sikkim, destroy two bunkers: In another transgression, Chinese troops entered India in the Sikkim sector and jostled with Indian Army personnel guarding the Sino-India frontier
Relief for Amazon, Flipkart as govt delays key GST provision
Ecommerce players had feared losing business as a large number of small suppliers were yet to register their operations as required under GST guidelines.
Ordinance empowering RBI in tackling bad loans only a one-off measure: YV Reddy
"The regulator has to tackle a situation where the bank and its management are not doing their job," former RBI Governor Reddy told ET.
Developers reel under losses as Rajasthan companies shut off wind power supply
A key characteristic of wind energy is its ‘infirm’ or ‘erratic’ nature with output varying considerably depending on the speed at which the...
How GST will alter contours of the automobile industry - for the better
GST may provide a fillip to aspirational segments - mid-sized sedans and SUVs - especially at the luxury end - which combined account for ju...
Motherson Sumi, Maruti Suzuki may hit target a year earlier
Maruti Suzuki is likely to hit its production target of 2 million vehicles on a yearly basis at least two quarters into FY19, powered by dem...
TVS Motors, Royal Enfield to pass on GST benefit to customers
Niche bike maker Royal Enfield has reduced prices of its models by up to Rs 2,300 while TVS Motors did not disclose quantum of price cut on ...
Banks may have to take 60% haircut on 12 largest NPAs: Crisil
The state-run Corporation Bank also last week sent the Delhi-based auto ancillary maker Amtek Auto, which is in default of Rs 14,075 crore, ...
India should aim to get 40% electricity from nuclear power by 2050: M R Srinivasan, Former AEC chief
Srinivasan said while the country should encourage solar and wind power to the maximum extent, for the base load requirements the way forwar...
ONGC turns to GSPC's undersea infrastructure for KG-basin gas output
ONGC last year agreed to buy GSPC's 80 per cent interest in the KG-OSN-2001/3 block, which sits next to the state-owned firm's KG-DWN-98/2 o...
HPCL joins talks to buy stake in Russian oil fields
Indian Oil Corporation (IOC), Oil India (OIL) and Bharat PetroResources (BPRL), a unit of Bharat Petroleum Corporation, came in using the in...
Coal on the rise in China, US, India after major 2016 drop
The fuel's popularity waned over the past several years as renewable power and natural gas made gains and China moved to curb dangerous leve...
Siemens, Schneider Electric and Eaton Corporation join ABB in race for L&T's electrical unit
Depending upon the final valuation, L&T will either divest its entire holding or retain a minority stake that will be sold later, sources sa...
Tata Steel could merge some of its subsidiaries: MD, TV Narendran
Tata Steel has 22 subsidiary companies, including listed companies such as Tata Sponge and Tata Metaliks. About half of these were loss maki...
Essar Steel eyes 25% market share in auto-grade steel segment
Automotive high strength steel grades maintain the safety standards of vehicles, while improving fuel efficiency through lightweighting.
Fresh merger structure to IRDA by Max Life-HDFC Life
http://www.financialexpress.com/money/insurance/fresh-merger-structure-to-irda-by-max-life-hdfc-life/478019/
http://www.financialexpress.com/money/insurance/fresh-merger-structure-to-irda-by-max-life-hdfc-life/478019/
More will update soon!!
