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Coal India output rises 14 per cent to 177 million tonnes in four months

Coal India output rises 14 per cent to 177 million tonnes in four months

State-owned CIL today said it produced 177.43 million tonnes of coal in the first four months of the ongoing fiscal, registering a growth of 14 per cent. It had produced 155.53 million tonnes (MT) of coal in the year-ago period, Coal India Ltd said in a filing to BSE. In July CIL produced 40.56 MT coal, against 36.69 a year ago. The state-owned firm accounts for over 80 per cent of the domestic coal production.

Pakistan: Imran Khan opts for 'simple oath ceremony', rules out invitations to Indian VVIPs

Pakistan: Imran Khan opts for 'simple oath ceremony', rules out invitations to Indian VVIPs

Imran Khan has decided against inviting foreign leaders and celebrities to his oath taking ceremony as Pakistan's new prime minister as he wants to keep the event very simple, according to a media report.

Khan's Pakistan Tehreek-i-Insaf (PTI) emerged as the single largest party in the elections held on July 25. The 65-year-old leader is expected to take oath on August 11.

NHAI to ink pact with SBI for long-term unsecured loan of Rs 250 billion

NHAI to ink pact with SBI for long-term unsecured loan of Rs 250 billion

NHAI will on Friday ink a pact with State Bank of India (SBI) for a long-term unsecured loan to the tune of Rs 250 billion.

This is SBI's highest long-term unsecured loan to any entity and also the largest ever loan sanctioned to NHAI.

ICICI Bank makes disclosures on Chanda Kochhar in US SEC filing

ICICI Bank makes disclosures on Chanda Kochhar in US SEC filing

Mumbai/Delhi: ICICI Bank Ltd is yet to reply to a notice by the Securities and Exchange Board of India (Sebi) seeking clarifications on the disclosure of price-sensitive information, the bank said in a filing made to the US Securities and Exchange Commission (SEC) on Monday.

The markets regulator is investigating whether ICICI Bank and its chief executive officer, Chanda Kochhar

Kotak Mahindra Bank to raise up to ₹500 crore via preference shares

Kotak Mahindra Bank to raise up to ₹500 crore via preference shares

New Delhi: Kotak Mahindra Bank will raise up to 500 crore by issuing preference shares on a private placement basis.

The non-convertible preference shares (NCPS) issuance committee of the board of directors of the bank on Wednesday resolved to approved the issue of perpetual non-cumulative preference shares on a private placement basis aggregating to an issue size of up to 500 crore, Kotak Mahindra Bank said in a regulatory filing.

July numbers: Car sales slide on base effect, leaders Maruti, Hyundai edge lower

July numbers: Car sales slide on base effect, leaders Maruti, Hyundai edge lower

Sales of passenger vehicles in July by the country’s top two manufacturers Maruti Suzuki India and Hyundai Motor skidded with the former seeing a decline of 0.6% compared with the same month last year and the latter seeing an incremental growth of 1.1%. However, the automakers said this was due to the recalibration done last year in the run-up to the implementation of the goods and services tax (GST) and had nothing to do with the underlying sentiments in the market and would normalise from August.

Mahindra to launch India’s first electric SUV in 2019: All-new e-Verito sedan on cards

Mahindra to launch India’s first electric SUV in 2019: All-new e-Verito sedan on cards

Mahindra electric KUV100 (eKUV 100) SUV will be the first ever all-electric SUV to be launched in India with its launch scheduled in May/June 2019. Earlier in 2017, Dr Pawan Goenka had confirmed KUV100 going all-electric and the SUV was also showcased at the Auto Expo 2018. Mahindra Electric is currently the only automaker in India to commercially sell electric cars in India with the sale of Mahindra E20 Plus and Mahindra e-Verito.

ONGC paces up ahead of Q1 earnings; what to track

ONGC paces up ahead of Q1 earnings; what to track

NEW DELHI: ONGC stock advanced 1 per cent on Thursday ahead of its first quarter results later in the day.

Oil subsidy expectations, management guidance on oil and gas production over FY19 and FY20 and earnings and production outlook of OVL, ONGC's subsidiary, for FY19 will be keenly watched.

Women's Hockey World Cup 2018, India v/s Ireland Quarter-Final: Indian women look to repeat 70's success

Women's Hockey World Cup 2018, India v/s Ireland Quarter-Final: Indian women look to repeat 70's success

Indian women's hockey team would now be aiming to secure its first World Cup semifinal spot in 44 years by extracting revenge from giant-killers Ireland in the last-eight stage on the ongoing World Cup on Thursday.

The Indian women will also look to avenge the group stage loss they suffered on July 26.

Sensex slips from record after RBI hikes rate; bank, auto stocks drag

Sensex slips from record after RBI hikes rate; bank, auto stocks drag

Benchmark Sensex snapped its seven-session record setting spree to end 85 points lower today after the RBI hiked the policy rate on inflation concerns.

The Reserve Bank's Monetary Policy Committee raised the benchmark lending rate by 0.25 per cent for the second time in two months.

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