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Updated: 2 hours 9 min ago

News digest: Retail fuel price, Fortis stake sale, Nipah virus, and more

Tue, 05/22/2018 - 21:43
from PMO taking a final call on the cut in excise duty on petrol and diesel to nine dead as protest against Sterlite turns violent, BS brings you up to date with the latest news

Nine dead as protest against Sterlite turns violent in Tamil Nadu

Tue, 05/22/2018 - 20:41
Ever since the project went on stream, the company has been facing problems as agitators claim that the factory is causing harm to its employees

SBI stock surges 3.7% on hopes that worst on NPAs is behind

Tue, 05/22/2018 - 20:13
State Bank of India posts record loss of Rs 77 bn in Q4

State Bank of India posts record loss of Rs 77 bn in Q4; stock rises 3.7%

Tue, 05/22/2018 - 20:01
Surge in provisions for NPAs, erosion in value of investments take toll

State Bank of India set to sell stake in insurance arm soon

Tue, 05/22/2018 - 19:56
The bank is planning to sell its stake in SBI General Insurance, SBI Card and SBI Capital Market

Oil on the boil: Fuel subsidy may hit Rs 530 billion, says Moody's

Tue, 05/22/2018 - 18:54
Most petroleum products are sold at market prices in India, except liquefied petroleum gas and kerosene

NSE sues Singapore Exchange in the Bombay HC over India product launch

Tue, 05/22/2018 - 18:33
The NSE is trying to stop SGX from launching derivatives that could replace the Nifty 50 contracts that have traded in the city-state for 18 years.

CCI approves $66 bn Bayer-Monsanto merger, but with host of riders

Tue, 05/22/2018 - 18:30
Monsanto will have to sell its 26% stake in Mahyco, merged entity will have to maintain non-exclusive distribution channels and a policy of broad-based non-exclusive licensing of GM and non-GM traits

Trump says Singapore summit with Kim Jong-un 'may not work out for June 12

Tue, 05/22/2018 - 17:18
Moon's visit to the White House -- three weeks ahead of Trump's scheduled June 12 summit in Singapore with Kim -- comes amid renewed uncertainty about Kim's intentions

L&T Technology Services revenue rises 15% to Rs 37.4 billion in FY18

Tue, 05/22/2018 - 17:05
For the March quarter, L&T Technology Services posted year-on-year revenue growth of 30 per cent to Rs 10.54 billion

Insolvency: NCLAT puts on hold resolution process for Essar Steel

Tue, 05/22/2018 - 16:46
The next date of hearing in the NCLAT has been set for July 23, after which it will be heard on a daily basis

Infosys puts a break on fresher hiring, relying more on experienced hands

Tue, 05/22/2018 - 16:43
Share of young engineers in 18-25 age group drops to 28% in FY18, senior staff ratio goes up

India Inc foreign borrowing jumps over two-fold to $3.92 bn in April

Tue, 05/22/2018 - 16:37
Among major companies which tapped the overseas market to raise capital included - Reliance Jio, Aditya Birla Finance, Vayu Urja Bharat Private Ltd and JSW Steel Ltd