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SBI's capital and operating buffers are likely to be adequate to cover credit costs through FY19-FY20 and support its medium-term growth plans
June 18, 2019, 2:23 a.m.

State-owned China Development Bank, with loans worth Rs 9,860 crore ($1.4 billion) was the biggest creditor to the indebted telecom company, according to a filing made by the company to stock exchange
June 18, 2019, 2:13 a.m.

Gill took over in March pledging to improve transparency after his predecessor, founder Rana Kapoor, was forced out by the Indian central bank for inadequate disclosure of stressed loans
June 18, 2019, 1:50 a.m.

Investors will receive $57 in cash per share of Sotheby’s common stock under terms of the agreement.Sotheby’s shares rose 57% to $55.58 in New York
June 18, 2019, 12:23 a.m.

Premji, the billionaire philanthropist, wants to devote more time to charitable causes through his foundation.A board reconstitution will be the least of worries for Rishad, who will work to put Wipro back on the growth path
June 18, 2019, 12:20 a.m.

Founder Goyal repeatedly upped his asking price and refused to give up control, effectively scuppering any hope of a revival for Jet.Around August last year, there were telltale signs of financial distress in the airline
June 17, 2019, 11:36 p.m.

Hindustan Platinum, a refiner and manufacturer of precious metal products and services, has announced the purchase of ABB’s Humacao electrical contact
June 17, 2019, 9:35 p.m.

CFM International will deliver the first engine by 2020
June 17, 2019, 9:09 p.m.

Our Bureau Tata Motors, on Monday announced its partnership with Janani Tours, to deploy 25 Tigor Electric Vehicles (EVs) in Bengaluru.Janani Tours, a
June 17, 2019, 8:44 p.m.

JAL owes around Rs 1,296 crore and the bank had approached NCLT to recover the dues by filing an insolvency plea
June 17, 2019, 7:55 p.m.