CBI books Totem Infrastructure in Rs 1,394 cr bank loan fraud ...

Reliance Infrastructure Ltd (RInfra) today said it has won a Rs 1,081 crore contract from Nuclear Power Corporation of India Ltd (NPCIL) for works pertaining to two units of the Kudankulam project in Tamil Nadu.The company said its engineering, procurement ...

After signing a profit sharing agreement with Cochin Shipyard Ltd (CSL) - India's largest shipbuilding and maintenance company - Kolkata Port Trust (KoPT) is set to revive its ship repairing facilities in two out of five idling dry docks which it abandoned in ...

Essel Infraprojects Ltd (EIL) today announced the appointment of Vinod Bhandawat as chief financial officer(CFO) with effect from February 1.Bhandawat brings more than 26 years of varied experience across treasury, fund raising, IPO, mergers and acquisitions ...

India Gas Solutions Pvt Ltd, the equal joint venture between Reliance Industries and UK's BP plc, today signed an agreement with Andhra Pradesh government to invest in creating marketing infrastructure for natural gas from KG basin.The joint venture is now ...

Chennai : Public sector general insurer, New India Assurance Company Ltd, on Saturday said it has posted a net profit of Rs 617.28 crore for the quarter ended December 31, 2017. The company drastically brought down its underwriting loss (roughly premium minus ...

New Delhi: Finance Minister Arun Jaitley, who is undergoing dialysis this week, has asked finance secretary Hasmukh Adhia to examine if the Goods and Services Network (GSTN) can be converted into a government held company or a Public Sector Unit. GSTN is the ...

New Delhi: The ED on Monday carried out searches at Vadodara-based Diamond Power Infrastructure Ltd (DPIL) and its directors who are accused of defrauding a consortium of 11 banks after availing a Rs 2654.40-crore loan that was declared a non-performing asset ...

Delhi-based FinTech startup Cash Suvidha raised USD 1 million pre-Series A funding from Initia Holdings Ltd., Vipin Agarwal, Partner in India Industrial Growth Fund and others.The newly-secured capital will be used to increase the loan books of the company ...

A financial technology provider in banking and insurance sector, Intellect Design Arena Ltd today said it has launched the digital credit card management system for United Bank of India.This marks the company's first end-to-end business solution deal, ...