Business

Mumbai: Fortis Healthcare on Saturday said that its Board will meet on May 10 to consider the recommendations made by its "expert advisory committee" (EAC) which has been set-up to evaluate all binding proposals for fund infusion.

As per a regulatory filing, the company informed the stock exchanges that its EAC will now consist of two members "who

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Mumbai: The Reserve Bank of India (RBI) said it is withdrawing a restriction that limited foreign investors to only investing in government and corporate bonds with tenures of three years or more, a move that could bolster the domestic bond market.

The decision by the RBI, announced late on Friday, came close on the heels of weak investor interest

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New Delhi: The government mobilised Rs 7.41 lakh crore from the Goods and Services Tax (GST) during 2017-18, according to the finance ministry. The government rolled out the GST regime from July 1 last year. "During the year 2017-18, total revenue collections under GST in the period between August 2017 and March 2018 has been Rs 7.19 lakh crore.
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IRCTC Offers 4 Nights/5 Days Train Tour Package From Rs 6,440

This package is valid till September 30, 2018.

Indian Railway Catering and Tourism Corporation (IRCTC) is offering 4 nights/5 days 'Ooty Mudumalai' tour package at a starting price of Rs 6,440 under a special offer. According to the official website of IRCTC Tourism (irctctourism.com), this package is called as 'Ooty Mudumalai Package' and covers
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SBI's Overdraft Facility Against FD For Online Customers Explained

Currently, joint account holders cannot avail overdraft facility against FD.

Customers can now avail an overdraft against Fixed Deposit (FD) via State Bank of India (SBI) YONO app, informed country's largest lender on its
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IRCTC Offers 2 Days/1 Night Flight Tour Package Under Rs 12,000

This package includes one breakfast and one dinner on daily basis.

Indian Railway Catering and Tourism Corporation (IRCTC) is offering two-day 'Delhi-Shirdi' tour package at a starting price of Rs 11,900 under a special limited offer. This tour package is named as ' Delhi-Shirdi Flight Package' and cover destinations like Delhi, Pune, Shani
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Airtel's Prepaid Recharge Plans: Rs 219 Vs Rs 249 Rs 349 Vs Rs 549 Vs Rs 799

Airtel's Rs 219 offers prepaid recharge plan is valid for 28 days.

Bharti Airtel recently revised many of its prepaid plans and also announced a slew of new prepaid recharge plans. Airtel launched prepaid plans priced at Rs 219
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Aditya Ghosh Resigns As IndiGo President, Rahul Bhatia Is Interim CEO

Mr Greg Taylor will join IndiGo initially as a senior adviser.

MUMBAI: InterGlobe Aviation Ltd, which runs the country's top carrier IndiGo, said on Friday its president, Aditya Ghosh, would step down effective July 31, after being with the company for 10 years.

The airline's board will in the coming months consider

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Do You Know 4-Day Bank Holiday Is Coming Up In Some States

However, not all banks in all the states will be shut on Monday and Tuesday.

Even as many people may be planning to go on long holidays for the extended weekend with effect from Saturday, April 28, they should ensure that they have enough of cash at their disposal or complete their required banking transactions.
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Jio's Offer: How To Avail Rs 2,200 Cashback On Rs 999 JioFi 4G Hotspot

Cashback will be instantly credited into customer's MyJio account.

Reliance Jio has launched a new exchange offer for customers looking to buy a WI-Fi dongle or modem, according to a statement released by the company. Under this limited period offer, Reliance Jio customers can avail an instant cashback of up to Rs 2,200 on purchase of new JioFi 4G
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GoAir Offers Discount On Flight Tickets: 10 Things To Know

The travel period of GoAir's discount offer ends on September 30, 2018.

GoAir airline is offering 10 per cent discount on domestic flight tickets on bookings done via HDFC bank debit and credit cards, according to its website - goair.in. The promo code for the same is GOHDFC10. Customers willing to avail

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Air Deccan To Start Operations On These Flights From May 1

Air Deccan in December 2017 restarted scheduled air services after a gap of nearly a decade

An Air Deccan flight from Agartala, Tripura, landed at the Umroi Airport (Shillong, Meghalaya) on Thursday. The flight was operated on a
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Idea Cellular Reports Net Loss Of Rs 962 Crore In Q4

Idea said its merger with Vodafone Group Plc's Indian unit was likely in the first half of 2018.

Idea Cellular Ltd, India's third-biggest telecoms carrier, posted a sixth straight quarterly net loss that was narrower than
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Jio Reports Profit For Second Quarter In Row, RIL Posts Record Earnings

Reliance Jio reported a net profit for the year at Rs 723 crore.

Mukesh Ambani-led Reliance Industries (RIL) on Friday reported a 20.6 per cent jump in its consolidated net profit for fiscal 2018 at Rs 36,075 crore as compared to Rs 29,901 crore last year. For the quarter ended March, the oil and gas to telecom
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Airtel's Rs 219 Plan Offers Free Hello Tune, Data, Calling Benefits

Airtel's Rs 219 prepaid recharge plan is valid for 28 days.

To take on competitor Reliance Jio, Bharti Airtel announced a new prepaid recharge plan priced at Rs 219 with 1.4GBs or gigabytes of 3G/4G per day data for a period of 28 days, along with free 'Hello Tune' benefit. Airtel's all-new Rs 219 prepaid recharge plan also offers calling and SMS
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Types Of Loans Offered By SBI Explained Here

SBI offers loans for financing new car where interest is calculated on daily reducing balance.

State Bank of India (SBI) offers a variety of loans under personal finance solutions to satisfy varying needs of the banking public.
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Reuters: Indian oil-to-retail conglomerate Reliance Industries Ltd said on Friday its telecoms business Jio reported its second straight quarterly net profit since its launch nearly two years ago, as its cut-price plans continue to attract subscribers. Reliance Jio Infocomm Ltd, which sparked a price war and pushed the telecom sector into
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Most of the attention that's been paid to new rules requiring companies to publish a comparison between CEO and worker pay has focused on one number: The pay ratio. Headlines have zeroed in on high multiples - at Walmart, the CEO makes 1,188 times the median worker; at Mattel, the figure is 4,987 to 1 - or on the
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Change Your Boarding Station Online Via IRCTC Website. Steps Here

Boarding point change is not allowed if ticket is seized, said IRCTC.

Indian Railways passengers can change their boarding station from Indian Railway Catering and Tourism Corporation (IRCTC) e-ticketing website online, informed IRCTC in a tweet posted on its official handle. There are chances when the passenger may wish to board train from another
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Current Gold Price: Gold Declines For Second Day, Silver Follows

Gold prices in Delhi came down to trade just above the Rs 32,200 per 10 grams

Gold prices in Delhi declined for a second straight day. Traders said a fall in demand in the domestic bullion markets hurt the sentiment. Gold prices in Delhi came down to trade above the Rs 32,200 per 10 grams level on Friday. Strength
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Fewer H-1B Visas Used By Indian IT Firms, More Going To US Firms: Report

H-1B visa, most sought after by Indian IT professionals, is a work visa issued by the US government

Indian IT majors TCS, Infosys, Wipro and Tech Mahindra bagged 6,973 H-1B visa approvals in financial year 2017, a mere 39 per cent among the top 10 employers in terms of H-1B visa approvals. This is one of the
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Flipkart Offers No Cost EMI On Mobile Phones. Details Here

The minimum transaction amount to avail this offer is Rs 10,000.

Flipkart has announced a 'No Cost EMI (equated monthly installments)' offer on select smartphones purchased from its online website/app, said country's largest
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Maruti Suzuki Delivers 10% Q4 Profit Growth On Strong Sales

Analysts expected Maruti Suzuki Q4 profit to come in at Rs 2,110 crore.

India's top selling car maker Maruti Suzuki India Ltd posted a 10 per cent rise in net profit for the fourth quarter on Friday, buoyed by strong sales volume
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Axis Bank Share Surges Over 5% Today Despite Reporting First-Ever Loss

For the March quarter, Axis Bank's loans grew 18 per cent

Shares of Axis Bank surged as much as 5.5 per cent today despite the private lender reporting its first ever quarterly loss on Thursday. Axis Bank's net loss was at Rs 2,189 crore for the fiscal fourth quarter to March 31, said the Mumbai-based bank, which was founded in 1993. Shares of Axis
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GoAir Offers Discount On Flight Tickets This Weekend

The travel period under this offer is valid till September 30, 2018.

GoAir on Saturday announced a discount offer on domestic flight tickets. The airline informed about the offer on Twitter. One can book tickets on GoAir mobile app for booking of tickets on weekends and get Rs 250 off on one-way and Rs 500 off on return journey, said the airline on
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Sensex, Nifty Rise To Near 3-Month Highs, Axis Bank Surges 9%

The BSE Sensex advanced 256 points to close at 34,969 on Friday

Sensex and Nifty closed at their highest levels in nearly three months today, boosted by strong gains in banking stocks and market heavyweight Reliance Industries. The BSE benchmark index Sensex surged 256 points to end at 34,969 while the NSE Nifty
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Nifty Reclaims 10,700 Amid Broad-Based Gains, Axis Bank Surges 4%

Adavances in banking and energy stocks led the gains in Sensex and Nifty

Sensex and Nifty moved higher on Friday amid broad-based gains. The Sensex rose over 250 points to 34,998 while Nifty reclaimed 10,700 levels. Banking, capital goods, auto and oil - gas stocks supported the gains while some weakness was seen in IT stocks. Among the Nifty50
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HDFC Bank Revises FD Interest Rates But Some Banks Pay Up To 9%!

Small finance banks pay up to 9% interest rate across various maturities on FDs less than Rs 1 crore.

HDFC Bank recently revised its fixed deposit interest rates by as much as 110 basis points (bps). One basis point is equal to
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Fitch Holds India's Sovereign Rating At Lowest Investment Grade

Fitch said India's fiscal finances are weak but current account deficit position is favourable

New Delhi: Global credit rating agency Fitch on Friday affirmed India's sovereign rating at 'BBB-' with 'stable' outlook, saying that the country's medium-term growth potential is strong. 'BBB-' rating indicates lowest investment grade.

"India's rating

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How Much Petrol, Diesel Prices Have Risen So Far This Month

Petrol and diesel prices are broadly determined by global crude oil and rupee-dollar exchange rates

There was no change in petrol and diesel prices today, a third day of steady rates. Currently, oil marketing companies - Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation -
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