In a letter sent to Air India, the three oil PSUs -- Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) -- said "the outstanding has not come down considerably in the absence of the committed monthly lump sum payment".
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NIFTY 100's Latest News
FD interest rates: State Bank of India FD rates have been lowered by 10 basis points (or 0.10 percentage point) across a select tenor in the retail segment.
The S&P BSE Sensex and NSE Nifty 50 indexes snapped their six-day losing streak paced by gains in banking heavyweights like HDFC Bank, ICICI Bank, Kotak Mahindra Bank, State Bank of India HDFC and IndusInd Bank. The Sensex surged as much as 678 points and the NSE Nifty 50 index reclaimed its important psychological level of 11,300. The Sensex and N...
Fixed deposit (FD) interest rates: Top banks such as State Bank of India (SBI), Punjab National Bank (PNB), ICICI Bank and HDFC Bank provide up to 50 basis points higher returns to senior citizens.
SBI is the lead banker in 48 districts across the country, whereas Bank of Baroda is the lead banker in 17 out of 250 districts in the first phase. This is part of the systematic bank reform process which envisioned taking banks to doorsteps of customers.
Since the start of 2017, more than 20 US retailers, including Sears Holdings Corp and Toys 'R' Us, have filed for bankruptcy, succumbing to the onslaught of fierce e-commerce competition from Amazon Inc.
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