YES Bank shares could be volatile this week as investors debate about the fate of mutual fund holdings of the debt issued by two promoter companies after the bank’s stock price halved from its peak in August.

JAIPUR | MUMBAI: Mahindra and Mahindra, India’s leading manufacturer of utility vehicles, is leveraging its overseas unit SsangYong to develop new products and expand its portfolio seven years after acquiring the South Korean brand.

The company has set itself a target of selling 9,000 units a month from three all new products planned this financial year,

Mumbai: The BSE benchmark Sensex pared early gains and turned choppy after opening over 200 points higher on Monday, led by fall in IT and pharma stocks amid strengthening rupee.

The 30-share Sensex pared early gains and was trading 4.38 points, or 0.01 per cent, higher at 34,985.40. The NSE Nifty too witnessed similar movement, and was trading 10.15 points, or 0.09 per cent, higher at 10,536.75.

You have to give full marks to Vodafone Idea Ltd for trying. When the newly merged company’s management met telecom analysts for the first time last week, it made a fairly logical case for an improvement in India’s telecom industry. They also laboured to point out that the company itself would soon be on a strong footing. The timeline for extracting full synergies from the merger had been advanced by two years, which, coupled with planned asset sales and equity issuances, would bring down leverage substantially, it said.

The great crypto crash of 2018 plunged deeper over the weekend.

Bitcoin slid another 4.5 percent to $3,635 at midnight Sunday in New York, according to Bitstamp. It recouped most of the losses by 7:50 a.m. but remains in the red. It’s lost 33 percent in the past week and 75 percent this year.

November so far hasn't seen a single draft filing of new fund offers in equity schemes from asset management companies (AMCs), according to data available with Securities and Exchange Board of India (Sebi).

Experts feel the mutual fund houses have slowed down in expanding their product basket in equity schemes after the market regulator last year expressed its displeasure for "me-too"

In a letter shot off to minister of state for civil aviation Jayant Sinha early this month, a top executive of Madrid-based information technology firm Amadeus estimated the revenue loss to travel agents of Air India to be around Rs 1,825 crore once state-owned carrier moves to a single global distribution system (GDS) for domestic flights.

Standard Chartered Bank has filed an interlocutory application in the bankruptcy court against a panel of lenders selecting ArcelorMittal to take over debt-ridden Essar Steel, saying the decision was “illegal” and was taken without considering its claims.

NEW DELHI: Chinese telecom gear vendor ZTE expects its 2018 India revenue to increase marginally helped by recent orders from state-run Bharat Sanchar Nagar Ltd. (BSNL) and Bharti Airtel despite the recent US ban which hurt its global operations.

“India market holds a very important position in ZTE's overseas business. This year, we had challenges, but even that didn't impact the India business much.

NTPC Limited and Archery Association of India (AAI) have announced a landmark three-year partnership, which includes the title rights across all National Archery Championships (NACs), National Ranking Archery Tournaments (NRATs) and exclusive right to provide kits/apparels to Indian Archery team for international participation.

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