ZEE says in advanced stage of discussion for sale of sports business

Sources had informed ET that the deal was almost done and an official announcement could be made by end of the month. Read more »

Sony India sets Rs 150 crore marketing budget this festive season

"The festive period of August-November is an important period for us to further enhance our sales. The marketing budget for this year's festive season will be 150 crore, besides Rs 420 crore... Read more »

NABARD sanctions loan for 10 MW solar plant in Haryana

Extra traffic load on the rural roads of Haryana owing to NCR traffic leads to the rural roads and bridges in the state needing construction and upgradation. Read more »

Private sector banks exceed priority sector target, foreign banks lag

Lending to medium and small enterprises as a percentage of the adjusted net bank credit dropped to 14.6% in the year ended March 2016 from 15.5% in the previous year. Read more »

RBI says 92% of the deposits accounts are covered, strong banks to pay lower insurance premium

The cover is aimed at protecting depositors at least a minimum sum upto Rs 1 lakh if the bank goes burst. Read more »

Audi launches petrol-powered A6 Matrix priced at Rs 52.75 lakh

The new model comes with various new features including seven-speed transmission and an advanced infotainment system. Read more »

RBI employees to join September 2 industrial strike

Reserve Bank employees all over the country will participate in September 2 industrial strike in support of the demands of the country's working class. Read more »

Vedanta aluminium maintains production guidance despite power failure

"The current run rate of aluminium production is around 1 MTPA and the overall 2016-17 volume guidance remains unchanged at 1.2 MTPA," the company said. Read more »

Improved demand props cement prices in the North: ICRA

During Q1 FY2017, cement production stood at 75.64 mn MT, a moderate growth of 5.7% over Q1 FY2016. This is higher when compared to 4.6% of production growth reported in FY2016. Read more »

Coal freight tariff rationalisation will have minimal impact on power: Piyush Goyal

Facing shortfall in freight loading, railways had last week rationalised coal tariff by reducing the rate for long-distance transportation and increasing it for short distance. Read more »