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All posts tagged "Business"

Business4 days ago

India key market for us: Vodafone CEO

"We remain invested in India's growth story and India continues to remain a key market for us," Read said in the letter.
Business5 days ago

BSNL to raise Rs 15000 cr through sovereign bonds next month

New Delhi, Nov 13 : State run BSNL plans to issue sovereign bonds for raising Rs 15,000 crore next month, its chairman and MD P. K....
Business7 days ago

CBIC clarifies on ‘confusing’ GST input tax credit rule

New Delhi, Nov 11 : In a relief to taxpayers, the Central Board of Indirect Tax and Customs has clarified that a new rule announced last...
Business7 days ago

Govt to buy 10% of bonds issued by MSME: Nitin Gadkari

New Delhi, Nov 11 : Nitin Gadkari, Minister of Micro, Small and Medium Enterprises, on Monday said that the government will buy 10 per cent of...
Business1 week ago

October equity MFs inflow at 5-month low of Rs 6,015 cr

New Delhi, Nov 10 : Although there has been a rally in the stock markets off late, the net inflow in equity or growth-oriented mutual funds...
Business1 week ago

IndiGo codeshare to be operationalised from Dec: Qatar Airways

New Delhi, Nov 10 (IANS) Even as it waits to expand its partnership with IndiGo, Doha-based Qatar Airways will first operationalise its new codeshare agreement with...
Business2 weeks ago

Govt to induce Rs 10,000 cr in AIF to rescue stalled housing projects

Delhi: “Cabinet approves establishment of ‘Special Window’ to provide priority debt financing for completion of stalled housing projects” says finance minister Nirmala Sitharaman at a Press...
Business2 weeks ago

Sensex ends winning streak

Mumbai, Nov 5 : The Sensex on Tuesday ended the seven day winning streak with a 53 points loss after survey showed India’s service sector activity...
Business2 weeks ago

Sensex hits life-time high, crosses 40,400

Mumbai: The Indian equity markets opened on a firm note on Monday as the benchmark Sensex touched a fresh all time high of 40,434.83 during the...
Business2 weeks ago

India’s manufacturing PMI slips to 2-year low in October

Challenging market conditions coupled with delayed client payment, dampened business confidence in October.
Business4 weeks ago

HCL Technologies Q2 net profit up 4.4%

New Delhi, Oct 23 : Software major HCL Technologies Ltd (HCL) on Wednesday reported a Rs 2,651 crore consolidated net profit for the second quarter (Q2)...
Business1 month ago

Jio posts Rs 990 cr net profit in Q2

Jio crossed Ebitda of Rs 5,000 crore with 41.8 per cent margin and is on track to achieve 50 per cent margin.
Business1 month ago

Infosys declares 160% interim dividend

Bengaluru: Global software vendor Infosys on Friday declared an interim dividend of Rs 8 per share of Rs 5 face value, or 160 per cent, for...
Business1 month ago

Air India Assets Holdings’ second bond issue oversubscribed

The bond issues will help disinvestment-bound Air India pare away some of its debt.
Business1 month ago

Nokia leads Google-certified Android phones for enterprises

Gurugram, Oct 9 : When it comes to Android Enterprise Recommended (AER) smartphones validated by Google, Nokia leads the race among organizations as security become paramount,...
India1 month ago

Government not doing enough to revive economy: Congress

Quoting former Chief Economic Advisor (CEA) Arvind Subramanian, she said the actual GDP is less than 5 percent.
Blog2 months ago

IRCTC ofers attractive prospects going forward

It was yet another week of gains with BSE Sensex up 807.65 points or 2.12 per cent to close at 38,822.57 points, while the Nifty gained...
Business2 months ago

IRCTC IPO, largest of IR arms, to open on Monday

The minimum bid lot is 40 shares. Thus, orders can be placed in the multiple of 40 equity shares. The IPO proceeds will go directly to...
Business2 months ago

India, US very close to trade deal: Trump

New York, Sep 25 : India and the US are very close to concluding a trade deal, and a larger deal is set to be finalised...
Business2 months ago

India’s July factory output grows at 4.3%

New Delhi, Sep 12 : India’s factory output growth rate accelerated in July by 4.3 per cent from a rise of 1.17 per cent reported for...
Auto2 months ago

Tata Motors Group August global wholesales down 32%

Mumbai, Sep 12 (IANS) Tata Motors Group on Wednesday reported a decline of 32 per cent in August’s global wholesales, including that of Jaguar Land Rover,...
Business2 months ago

State Bank of India reduces MCLR, fixed deposit rates

Mumbai, Sep 9 : The State Bank of India (SBI) here on Monday announced reduction in the marginal cost of lending rate (MCLR), the fifth in...
India3 months ago

India’s July industrial output growth slows to 2.1% YoY

April-July of FY20 was 3 per cent compared with 5.9 per cent reported for the same period of the last financial year.
Business3 months ago

Samsung likely working on a cheaper Galaxy Fold: Report

In terms of specifications, the current device features a 7.3-inch primary flexible AMOLED display and a secondary 4.6-inch screen.
Auto3 months ago

Toyota-Suzuki Motown’s new tango

New Delhi, Aug 28 (IANS) Japanese motown giants have decided on a formal tango. Toyota Motor Corporation and Suzuki Motor Corporation, the parent of Maruti Suzuki,...
Business3 months ago

Resolve stressed assets in time for maximum value: RBI

The RBI issued the new NPA recognition and resolution guidelines on June 7 after the Supreme Court had, in April, declared the earlier one issued on...
Business3 months ago

India’s July retail inflation inches-lower to 3.15%

New Delhi, Aug 13 (IANS) Retail inflation in July softened a bit to 3.15 per cent from 3.18 per cent in June, and 4.17 per cent...
Business4 months ago

Twitter revenue up 18%, users grow in Q2

Twitter's advertising revenue in Q2 totalled $727 million, an increase of 21 per cent year-over-year.
Auto4 months ago

Tata Motors’ loss in June quarter doubles to Rs 3,679.66 cr

Mumbai, July 25 (IANS) India’s ongoing economic slowdown has claimed jobs, profits and caused investors to run scared of participating in the financial markets. An important...
Business4 months ago

Google chases Amazon, debuts shopping platform

San Francisco, July 23 (IANS) In a bid to take on Amazon in the burgeoning e-commerce space, Google has debuted its new shopping platform for the...
Tech4 months ago

Apple may buy Intel’s modem business for $1 billion

San Francisco, July 23 Apple which is looking to buy Intel’s modem division since last year is reportedly in “advanced stage” to strike a deal for...
Business4 months ago

SC’s status quo on Essar Steel sale to ArcelorMittal

New Delhi, July 22 (IANS) The Supreme Court on Monday ruled status quo on the sale of Essar Steel to ArcelorMittal. A bench headed by Justice...
Business4 months ago

Wipro net up 12.6% in first quarter

Sequentially, the net profit declined 4.2 per cent from Rs 2,494 crore a quarter ago.
Business4 months ago

Infosys net up 5.1% yearly, down 6.8% quarterly

Operating margin in dollar terms declined 3.2 per cent YoY to 20.5 per cent from 23.7 per cent and 2.3 per cent a quarter ago.
Business4 months ago

India’s June retail inflation rises to 3.18%

New Delhi, July 12 (IANS) Higher food prices have accelerated India’s June retail inflation to 3.18 per cent from 3.05 per cent in May, official data...
Business4 months ago

Deutsche Bank shares fall as restructuring begins

Berlin, July 8 (IANS) Deutsche Bank shares fell on Monday as investors digested details of a huge restructuring of the German lender. Shares were down 1.1...
Business5 months ago

14% rise in revenues of 20 states after GST: Jaitley

New Delhi, July 1 (IANS) As the Goods and Services Tax (GST) marks its second anniversary on Monday, former Finance Minister Arun Jaitley said that 20...
India5 months ago

Price of non-subsidised LPG reduced by Rs 100.50 per cylinder

The cooking gas in Delhi will be priced at Rs 637 per cylinder from midnight tonight as against Rs 737.50 currently, Indian Oil Corp said in...
Business5 months ago

Apple cancels deal for quantum dot iPhone camera

San Francisco, June 26 (IANS) Apple has reportedly scrapped a $22 million contract with British tech firm Nanoco for advanced iPhone camera sensor. Manchester-based Nanoco primarily...
Business5 months ago

Raghav Bahl invests $7.2 million more in ‘The Quint’

The latest investment follows two consecutive investments in March and April, totalling $14.36 million (100 crore).
Business5 months ago

Jet Airways shares fell by 46% on BSE

Jet Airways share price fell in early trade today with lenders meeting to finalise a resolution under the June 7 Reserve Bank of India mandate on...
India5 months ago

26 child labourers rescued from Parle-G biscuit factory

Most of the rescued children are in the age group of 12-16 years and belong to adhya Pradesh, Jharkhand, Odisha and Bihar.
Business5 months ago

India’s MoM retail inflation up 3.05% in May

New Delhi, June 12 (IANS) Higher food prices accelerated India’s May retail inflation to 3.05 per cent from 2.99 per cent in April, official data showed...
World5 months ago

Trump again takes aim at India’s tariffs on Harley Davidson mobikes

"I'll win again because we are doing well. We are not fools anymore. We are not the foolish country that does so badly," Trump asserted, citing...
Blog5 months ago

Role of litigators in Indiabulls case suspect

New Delhi, June 11 (IANS) With charges of misappropriation swirling in the air, Indiabulls Housing Finance share price took a beating on Tuesday, closing at Rs...
Business5 months ago

Allegation of siphoning-off Rs 98,000 cr ‘bizarre’: Indiabulls Housing Finance

Mumbai, June 11 (IANS) Refuting charges of misappropriation of around Rs 98,000 crore by its Chairman Sameer Gehlaut and other directors, Indiabulls Housing Finance late on...
Blog5 months ago

Nailed RBI turns blase on IL&FS charge sheet despite court acceptance

New Delhi, June 9 (IANS) During his policy review last week, RBI Governor Shaktikanta Das denied having received any SFIO investigative report on IL&FS — “We...
Business5 months ago

Adding to flyers’ burden, government ups security fee

As per the Civil Aviation Ministry order, domestic passengers would have to pay Rs 150 each time they buy a ticket from Rs 130 now.
Analysis5 months ago

How ever-greening & window dressing became the norm at IL&FS

New Delhi, June 8 (IANS) India has seen many financial scams, but none that can match the scope, size and magnitude of shadow bank Infrastructure Leasing...
Business5 months ago

Amazon loses contract with FedEx amid competition

San Francisco, June 8 (IANS) Amid increasing competition, global courier company FedEx has decided not to renew its air shipping contract with e-commerce giant Amazon. Amazon’s...
Business6 months ago

Impact of US withdrawal of GSP benefits ‘insignificant’

The US withdrawal of Generalised System of Preferences (GSP) will have an “insignificant” impact on India’s exports, however, the move has caused anxiety over economic uncertainty...
Business6 months ago

India’s Q4 FY19 GDP growth declines to 5.8% from 7.7% YoY FY18

New Dehi, May 31: The GDP growth rate of the country plunged to 5.8 per cent during the January-March quarter of the financial year 2018-19, from...
Business6 months ago

Leading online payments with over 50% market share: Paytm

New Delhi, May 31: Digital payments firm Paytm on Friday announced it has grabbed over 50 per cent market share in the payment gateway industry. The...
Business6 months ago

Macro environment conducive for RBI to cut rates

With the elections resulting in a decisive mandate, the attention will now shift to policy — both fiscal and monetary — with the key aim of...
Business6 months ago

BJP chief strategist Amit Shah no novice in market intelligence

New Delhi, May 31: BJP President and party chief strategist Amit Shah’s political acumen is now well known but little is known about his love for...
World6 months ago

Nirav Modi’s custody extended till June 27

London, May 30: A London Court on Thursday extended the custody of fugitive businessman Nirav Modi till June 27. Next case management hearing will be on...
Business6 months ago

Vodafone Idea Business Services ties up with CtrlS

New Delhi, May 29 : Vodafone Idea Business Services (VIBS), the enterprise arm of telecom major Vodafone Idea, on Wednesday announced a strategic partnership with datacentre...
Business6 months ago

Sun Pharma’s Q4 consolidated net profit at Rs 636 cr

Mumbai, May 28 (IANS) Sun Pharmaceutical Industries on Tuesday reported a consolidated net profit of Rs 635.88 crore for the fourth quarter of FY19. The company...
Business6 months ago

SpiceJet’s Q4 net profit up 22% to Rs 56.3 cr

Mumbai, May 28 (IANS) SpiceJet on Tuesday reported a 22 per cent rise in its net profit for the fourth quarter of 2018-19. According to the...
Business6 months ago

Pakistan Stock Exchange CEO Richard Morin resigns

Islamabad, May 28 (IANS) Pakistan Stock Exchange (PSX) Chief Executive Officer Richard Morin has stepped down from his post and his resignation has been accepted by...
Business6 months ago

Sensex flat, Manpasand hits lower circuit again

Mumbai, May 28: Sensex traded on a flat note after opening in the green on Tuesday. Manpasand Beverages hit lower circuit again on Tuesday for the...
Business6 months ago

IndiGo’s Q4 net profit soars 401%

Mumbai, May 27 (IANS) Budget passenger carrier IndiGo on Monday reported a rise of 401.2 per cent in its net profit for the fourth quarter of...
Business6 months ago

Facebook to launch its cryptocurrency next year: Report

London, May 24 (IANS) Facebook, which owns WhatsApp and Instagram, is gearing up to launch its own cryptocurrency next year, the BBC reported on Friday. Called...
Business6 months ago

Sensex hits 40,000 as NDA takes lead in early trends

New Delhi, May 23: Taking a cue from the initial trend of the Lok Sabha polls verdict which indicates lead of BJP-led NDA, the key Indian...
Business6 months ago

Airtel, Vodafone lose 30 mn users in March, Jio adds 9.4 mn

New Delhi, May 21 (IANS) Mobile subscriber base of Vodafone Idea and Bharti Airtel declined by nearly 14.5 million and 15.1 million respectively, totalling nearly 30...
Business6 months ago

Reinvest fast or some startup will gobble you up: AWS

India has such a broad swathe of companies – innovative startups, established enterprises and government customers — and Amazon Web Services (AWS) is more than ready...
Business6 months ago

For weavers of Varanasi, there is sorrow in wrap and weft

"First demonetisation killed us, then came GST and now power (electricity) has spelt doom for the business. Hamari zindagi ka tana-bana he bigad gaya hai (The...
Business6 months ago

As Lok Sabha elections conclude, Petrol, Diesel prices hiked

New Delhi, May 20: A day after the Lok Sabha Elections concluded, fuel prices witnessed a hike in prices. Petrol prices increased about 8-10 paise, while...
Business6 months ago

Mukesh, Nita Ambani shower love on Rishi Kapoor

New York, May 19: Reliance Industries Chairman and Managing Director Mukesh Ambani and his wife Nita Ambani visited veteran actor Rishi Kapoor, who is undergoing a...
Business6 months ago

Cashback incentives to push Google Pay in India

San Francisco, May 17 : To push its payments platform Google Pay in India, the search engine plans to offer cashback incentives on Android apps. Codenamed...
Business6 months ago

BSNL expects liquidity position to improve in Q2

New Delhi, May 17: After facing cash crunch for some months, state-run Bharat Sanchar Nigam Limited (BSNL) is expecting normalcy in cash flows in the second...
Business6 months ago

Mobile handset shipments decline 25% in Q1 2019

New Delhi, May 16 (IANS) Mobile handset shipments in India recorded a 25 per cent year-on-year (YoY) decline in the first quarter (Q1) of 2019 while...
Business6 months ago

Jet’s lenders to get bids verified, open to joint bid

Mumbai, May 16 (IANS) Grounded Jet Airways’ lenders plan to get all bids legally verified before beginning negotiations with interested parties. According to informed sources, lenders...
Business6 months ago

Warren Buffett’s Berkshire reveals $900 mn Amazon stake

San Francisco, May 16 (IANS) Warren Buffett’s Berkshire Hathaway had shares worth $904 million in e-commerce giant Amazon at the end of March 31, the media...
Business6 months ago

Key Indian equity market indices open in green

Mumbai, May 16: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE,...
Business6 months ago

Sensex declines by 203 pts amid record volatility

Mumbai, May 15: After Tuesday’s advance, the key equity indices succumbed to selling pressure yet again as the Sensex shed over 200 points on Wednesday amid...
Business6 months ago

British Airways to introduce new A350 aircraft on India routes

New Delhi, May 15: British Airways on Wednesday said that it will introduce its new Airbus A350 aircraft on India routes from later this year. According...
Business6 months ago

Sensex snaps 9-day long losing streak

Mumbai, May 14: The Sensex snapped its nine-day long losing streak on Tuesday to end 227.71 points higher. Except for IT, stocks of all other sectors...
Business6 months ago

GST officer commits suicide by jumping off 30th floor of World Trade Centre

Mumbai, May 14: An officer of the Goods and Services Tax (GST) department committed suicide by jumping off the 30th floor of the World Trade Centre...
Business6 months ago

India’s April wholesale inflation eases to 3.07%

New Delhi, May 14: Lower prices of manufactured items and key transportation fuels eased India’s annual rate of inflation based on wholesale prices to 3.07 per...
Business6 months ago

Food prices raise India’s April retail inflation

New Delhi, May 13: Higher food prices accelerated India’s April retail inflation to 2.92 per cent from 2.86 per cent in March, official data showed on...
Business6 months ago

Equity indices lose over 1% amid massive volatility

Mumbai, May 13: Falling for the ninth successive session on Monday, the key equity indices, Sensex and Nifty, declined over 1 per cent following massive volatility...
Business6 months ago

ED questions Kochhars in ICICI-Videocon case

New Delhi, May 13: The Enforcement Directorate (ED) on Monday questioned former ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar here in an ongoing...
Business6 months ago

Quikr ties up with Rocking Deals for offline service

New Delhi, May 12 (IANS) Online classifieds marketplace Quikr on Sunday announced a partnership with Rocking Deals for offering offline services to its customers. As per...
Analysis6 months ago

Are Indian Tariffs Really High?

The Trump-driven trade war does not seem to relent. In the latest development, the US has raised tariffs on $200 billion worth of Chinese imports to...
Business6 months ago

ITC Chairman Yogesh Deveshwar passes away at 72

New Delhi, May 11: ITC Chairman YC Deveshwar passed away on Saturday following a prolonged illness. He was 72. Born on February 4, 1947 in Lahore,...
Business6 months ago

Tim Cook says 4-year degree not necessary for coding

San Francisco, May 11: Apple CEO Tim Cook believes that a four-year degree is not really necessary to excel at coding and termed it an “old...
Business6 months ago

Dollar edges down amid CPI data

New York, May 11 (IANS) The US dollar slightly weakened against its major rivals in late trading on Friday as market participants digested the newly-released consumer...
Cities6 months ago

Legal feud over Hamdard’s control hits Rooh Afza

A single judge bench of the Delhi High Court in October 2017 ruled in favour of Hammad Ahmed, who staked his claim for being "the eldest...
Business6 months ago

March factory output slips to 21-month low

New Delhi, May 10 (IANS) India’s factory production shrunk in March 2019 by (-)0.1 per cent, the first contraction after June 2017, from a growth of...
Business6 months ago

Sensex logs 8th straight session of loss

Mumbai, May 10: The benchmark Sensex fell for the 8th straight session on Friday after witnessing a heavy volatility over a major escalation in the trade...
Business6 months ago

Mukesh Ambani’s RIL acquires global toy firm Hamleys

Mumbai, May 10: In a bid to become a dominant player in the global toy retail industry, Mukesh Ambani-led Reliance Industries Limited (RIL) on Thursday announced...
Business6 months ago

Key Indian equity market indices trading in red

Mumbai, May 9: Taking a cue from global markets, the key Indian equity market indices on Thursday opened lower. The Sensitive Index (Sensex) of the BSE,...
Business6 months ago

Trade tensions, Q4 results drag equity indices lower

Mumbai, May 8: Global trade tensions along with disappointing quarterly results suppressed the key Indian equity indices during Wednesday’s mid-afternoon trade session. The key indices –...
Business6 months ago

Facebook to make London hub for WhatsApp Payments

London, May 8: Before it launches WhatsApp Pay in India, Facebook has selected London as the base for the global roll-out of its digital payments service...
Business6 months ago

Post-poll: Brace for up to Rs 5 and Rs 3 per litre raise in petrol, diesel prices

New Delhi, May 7 (IANS) Petrol and diesel prices may increase sharply soon after new government comes to power at the Centre with oil companies looking...
Business7 months ago

Sensex ends 324 points lower, Nifty below 11,500

Mumbai, May 7: Dragged by dismal corporate earnings, caution amid the ongoing polls and emergence of fresh US-China trade tension, the key equity indices fell nearly...
Business7 months ago

Markets tumble over growing US-China trade tensions

Mumbai, May 6: In line with global markets, Indian equities on Monday logged steep falls as US President Donald Trump threatened to impose fresh trade tariffs...
Business7 months ago

WhatsApp Pay = RIP Paytm, say Twitterati

New Delhi, May 6: Twitterati on Monday went berserk after the news of Facebook CEO Mark Zuckerberg actively working on to launch WhatsApp Pay in India...
Business7 months ago

Facebook hiring fast to launch its own bitcoin: Report

San Francisco, May 4: Facebook is working hard to launch its own bitcoin for cryptocurrency-based payments on its platform that has 2.38 billion users. According to...
Business7 months ago

My firm has bought 1st Amazon shares, says Buffett

New York, May 3 (IANS) Berkshire founder and CEO Warren Buffett has said that his firm just bought its first Amazon shares. The news led to...
Business7 months ago

Akshaya Tritiya 2019: Gold jewellers expect big sale

Ahmedabad, May 2: Despite a steep increase in gold prices, jewellers in Gujarat seem ready to welcome buyers in large numbers this Akshya Tritiya as they...
Business7 months ago

Indian equity markets open flat as US holds Fed data

Mumbai, May 2: Taking a cue from global markets, the key Indian equity market indices on Thursday opened flat after the US Federal Reserve kept interest...
Business7 months ago

‘Super app’ to place Reliance Jio in pole position

New Delhi, May 1: As Mukesh Ambani, Chairman and Managing Director, Reliance Industries, prepares to officially launch world’s largest online-to-offline new e-commerce platform and give jitters...
Business7 months ago

India manufacturing, retail stores top priority: Tim Cook

Cupertino (California), May 1: Stressing once again that India is an important market for Apple, CEO Tim Cook said the current manufacturing in the country will...
Business7 months ago

SEBI bars NSE from securities market for 6 months

Mumbai, April 30 (IANS) Market regulator SEBI has directed the National Stock Exchange of India to disgorge Rs 624.89 crore in the co-location case. According to...
Business7 months ago

Ness Wadia sentenced for drug possession in Japan

New Delhi, April 30: Ness Wadia, son of industrialist Nusli Wadia and inheritor of one of Indias wealthiest business families, has been sentenced for drugs possession...
Business7 months ago

Indian equities react to weak Chinese factory data

Mumbai, April 30: The key equity indices opened on a dull note on Tuesday taking cues from the Asian markets which fell after China reported a...
Business7 months ago

SBI moves to invoke Essar Steel Promoters’ personal guarantees of Rs 15K cr

Ahmedabad, April 29: The State Bank of India on Monday filed a recovery suit against Prashant and Ravi Ruia, before the Debt Recovery Tribunal (DRT) here...
Business7 months ago

Cryptocurrencies should be banned: Official

New Delhi, April 26 (IANS) Terming cryptocurrencies as ponzi schemes, Anurag Agarwal, Joint Secretary in the Ministry of Corporate Affairs, on Friday said such virtual currencies...
Business7 months ago

Sensex closes 336 points up as Brent retreats

Mumbai, April 26: The Sensex advanced 336 points on Friday as the Brent crude — the global oil benchmark — retreated to $72 a barrel. The...
Business7 months ago

UK: Explosion at Tata Steelworks plant in South Wales

New Delhi, April 26: An explosion was reported at Tata Steelworks plant in the Port Talbot town of South Wales, United Kingdom, police said on Friday....
Business7 months ago

Key Indian equity market indices open in green

Mumbai, April 25: Despite the muted trend in global markets, the key Indian equity market indices on Thursday opened higher ahead of F&O expiry. The Sensitive...
Business7 months ago

Markets open on a positive note on Wednesday

Mumbai, April 24: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the...
Business7 months ago

Sensex down 80 points over polls, oil caution

Mumbai, April 23: Investors on Tuesday traded with caution anticipating a further rise in the international oil prices, and conclusion of the third and largest phase...
Business7 months ago

Investors demand write-offs as Jet owes over Rs 11K cr outstanding debt

Mumbai, April 22: Prospective investors in the temporarily grounded Jet Airways have asked lenders to take a massive haircut or write-off around 80 per cent outstanding...
Business7 months ago

Jet Airways employees considered taking over airline: NAG

Chennai, April 21 (IANS) Internal differences of opinion on employees taking over the management of Jet Airways did not permit pursuing the idea, but employees are...
India7 months ago

Jet Airways issues gag order, fearing impact on stake sale

New Delhi, April 19: The grounded Jet Airways has issued a gag order to its employees advising them to refrain from speaking with external stakeholders. An...
Business7 months ago

Notice to Samsung for not passing GST cut benefit to consumers

New Delhi, April 18 (IANS) The Directorate General of Anti-Profiteering has served a notice to technology major Samsung India for allegedly not passing on the benefits...
Business7 months ago

Key Indian equity market indices open in green

Mumbai, April 18: Despite a muted trend in Asian markets, the key Indian equity market indices on Thursday opened higher as the second phase of the...
Business7 months ago

RBI issues Rs 50 notes bearing Governor Shaktikanta Das’ signature

Mumbai, April 17: The Reserve Bank of India (RBI) on Tuesday issued Rs 50 denomination banknotes bearing the signature of Governor Shaktikanta Das. “The design of...
Business7 months ago

NCLAT adjourns IL and FS case hearing to April 29

New Delhi, April 16 (IANS) The National Company Law Appellate Tribunal (NCLAT) on Tuesday adjourned to April 29 the hearing on the matter of the debt-ridden...
Business7 months ago

Sensex, Nifty hit record closing high

Mumbai, April 16: Major Indian indices — Sensex and Nifty — closed at their highest-ever on Tuesday riding strong and sustained foreign fund inflows and bets...
Business7 months ago

Sensex up on easing trade tension, monsoon forecast

Mumbai, April 15: Signs of easing US-China trade tension and expectation of cooling inflation following Met department’s forecast of near-normal monsoon aided the benchmark Sensex to...
Business7 months ago

India’s March wholesale price index rises to 3.2%

New Delhi, April 15: India’s annual rate of inflation based on wholesale prices rose to 3.18 per cent in March, from a rise of 2.93 per...
India7 months ago

Anil Ambani’s French company got 143.7 mn euro tax relief after Rafale announcement: Le Monde

New Delhi, April 13: In fresh revelations that are bound to further fuel the controversy around the Rafale deal, French national newspaper Le Monde reported on...
Business7 months ago

Sensex ends higher ahead of Q4 results, macro data

New Delhi, April 12: Ahead of the fourth quarter results of the IT heavyweights Infosys and TCS, and key macro data release, major equity indices ended...
Business7 months ago

Markets end flat over growth concerns

Mumbai, April 11: Key equity indices closed on a flat note on Thursday over concerns of global growth after the International Monetary Fund cut the global...
Business7 months ago

Sensex tanks 345 points on growth concerns

Mumbai, April 10: Indian equities fell sharply on Wednesday after the International Monetary Fund (IMF) revised down the global growth forecast fuelling fears of a global...
Business7 months ago

Sensex ends 238 pts up despite high oil price

Mumbai, April 9: The benchmark Sensex closed 238 points higher on Tuesday despite the crude oil prices hitting a five month high. A sudden buying interest...
Business7 months ago

PNB Housing stake sale to boost PNB capital: Moody’s

New Delhi, April 8 (IANS) The Punjab National Bank (PNB)’s 13 per cent stake sale in PNB Housing Finance for Rs 18.5 billion will strengthen the...
Business7 months ago

Sensex ends lower on surging crude prices

Mumbai, April 8: Weak global cues over the delay in Brexit deal, uncertainty around the US-China trade tension along with rising crude oil prices dented investor...
Business8 months ago

Sensex, Nifty ends higher on positive global cues

Mumbai, April 5: Positive global cues owing to an easing of US-China trade tension pushed the Sensex and Nifty nearly 0.50 per cent higher on Friday...
Business8 months ago

Airtel, Jio to fight for Zee Entertainment stake

New Delhi, April 4 (IANS) Telecom majors Bharti Airtel and Reliance Jio are set for another face-off, this time in the entertainment segment as both the...
Business8 months ago

RBI’s lower growth forecast dents equity market

Mumbai, April 4: Key Indian equity indices fell on Thursday as the Reserve Bank of India (RBI) lowered the country’s growth projection for 2019-20 to 7.2...
India8 months ago

RBI cuts repo rate by 25 base points, lowers GDP growth forecast to 7.2%

New Delhi, April 4: The Reserve Bank of India (RBI) on Thursday reduced repo rate by 25 base points to 6% from 6.25% and the Gross...
Business8 months ago

Markets in green: Sensex up 180 pts, Nifty at 11,745

Mumbai, April 3: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the...
Business8 months ago

Sensex ends at an all time closing high

Mumbai, April 2 (IANS) The benchmark Sensex finished at an all-time closing high on Tuesday led by gain in the auto, IT and banking stocks. Sentiments...
Business8 months ago

Fraud-hit IL&FS’ ex-Chairman Sankaran arrested

Mumbai, April 1 (IANS) In its first arrest in its probe into fraud-hit Infrastructure Leasing and Financial Services (IL&FS), the Serious Fraud Investigation Office (SFIO) on...
Business8 months ago

Sensex hits all-time high, ends below 39k

Mumbai, April 1: The benchmark Sensex closed slightly below the 39,000-mark — after hitting an all-time high on the first day of the FY19-20’s trade —...
Business8 months ago

‘Unemployment biggest challenge seen by Indians’

The Pew Research Center report said that 76 per cent of adults have said that unemployment is a "very big problem and little has changed over...
Business8 months ago

NCLAT seeks details of IL and FS’ dues

New Delhi, March 29 (IANS) The National Company Law Appellate Tribunal (NCLAT) on Friday told the board of the cash-strapped IL&FS to submit the details of...
Business8 months ago

April-February fiscal deficit at 134% of target

New Delhi, March 29 (IANS) India’s budgetary fiscal deficit for April-February 2018-19 period reached 134.2 per cent or Rs 8.51 lakh crore of the target at...
Business8 months ago

Reliance Jio acquiring Haptik for Rs 200 cr: Report

New Delhi, March 29 (IANS) Reliance Jio is reportedly acquiring Haptik — one of the world’s largest conversational Artificial Intelligence (AI) platforms — for over Rs...
Business8 months ago

Direct taxes heading for at least Rs 70,000 cr shortfall

New Delhi, March 28 (IANS) The Finance Ministry is making a last-ditch effort to get close to the direct tax target of Rs 12 lakh crore,...
Tech8 months ago

Data loss higher among Indian organisations: Study

New Delhi, March 28 (IANS) Companies in India lost more data last year — averaging 3.31 terabytes costing $1,287,788, against a global average of 2.13 terabytes...
Business8 months ago

Tata, GIC, SSG to buy stake in GMR’s airport unit

New Delhi, March 27 (IANS) GMR Infrastructure on Wednesday said Tata Group, along with an affiliate of Singapore’s sovereign wealth fund “GIC” and SSG Capital Management,...
Business8 months ago

Markets in green: Sensex up 200 pts, Nifty crosses 11,500

Mumbai, March 27: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note up 200 points, while the Nifty crossed the 11,500 mark. The...
Business8 months ago

Larsen and Toubro offers to buy 31% shares of Mindtree

Bengaluru, March 26 (IANS) Global software major Mindtree on Tuesday decided not to proceed with its proposal to buy back its shares after infrastructure major Larson...
Business8 months ago

Naresh Goyal, his wife Anita quit Jet Airways board

Naresh Goyal, the founder and chairman of Jet Airways, along with his wife Anita Goyal have stepped down from the board of the cash-strapped airline on...
Business8 months ago

Jet Airways stocks jump 12% on news of Goyal’s exit

Mumbai, March 25 (IANS) Jet Airways stocks jumped 12 per cent on Monday afternoon following reports that Naresh Goyal has quit the company’s board.
Business8 months ago

Jet Airways to get Rs 1,500 crore ‘immediate support’

Mumbai, March 25: Jet Airways on Monday said that it will receive an “immediate funding support” of up to Rs 1,500 crore by lenders for operational...
Business8 months ago

Sensex up 116 pts, Nifty above 11,550 mark

The Sensex of the BSE opened at 38,452.47 from its previous close at 38,386.75 on Wednesday.
Business8 months ago

SBI to auction NPA assets worth Rs 6,169 cr in March

New Delhi, March 20 : The State Bank of India will auction non-performing assets (NPAs) amounting to Rs 6,169 crore in the next 10 days to...
Business8 months ago

Mindtree board to discuss proposed buyback offer

Bengaluru, March 20 (IANS) Leading IT services firm Mindtree’s board of directors will meet on Wednesday to discuss the company’s proposed buyback, in the backdrop of...
Business8 months ago

Markets open on positive note on Wednesday

Mumbai, March 20 : The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The BSE Sensex...
Business8 months ago

Mindtree ‘united’ to oppose L&T’s hostile takeover bid

Bengaluru, March 19: Leading IT services firm Mindtree on Tuesday said the company’s stakeholders, including investors and employees, were all “united” in opposing diversified conglomerate Larsen...
Business8 months ago

Sensex up 300 points, Nifty above 11,500

Mumbai, March 18: The benchmark Sensex jumped over 300 points higher, while the Nifty crossed the 10,500 mark during the morning trade session on Monday. Sentiments...
Business8 months ago

BSNL’s total loss crossed Rs 90K crore: Kotak Equities

New Delhi, March 15: Kotak Institutional Equities (KIE) has said that state-run telecom firm BSNL’s accumulated losses may have crossed Rs 90,000 crore by December end,...
Business8 months ago

Equity indices open in green, Sensex up 200 points

Mumbai, March 15: The key Indian equity indices opened on a positive note on Friday with the BSE Sensex gaining over 200 points, taking cues from...
Business8 months ago

India’s February WPI rises to 2.93%

New Delhi, March 14: India’s annual rate of inflation based on wholesale prices rose to 2.93 per cent in February from 2.74 per cent reported for...
Business8 months ago

Sensex beats Brexit woes to end over 261 pts higher

Mumbai, March 13: Sensex and Nifty ended higher on Wednesday despite weak global cues from a fresh wave of political scepticism originating from the UK over...
India8 months ago

BSNL, MTNL get Rs 1,000 crore to clear February wages

New Delhi, March 13: The government on Wednesday granted Rs 1,000 crore to Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) to help...
Business8 months ago

January industrial production rate plunges to 1.7%

New Delhi, March 12: The growth rate of India’s factory production slowed massively in January 2019 to 1.7 per cent, from 7.5 per cent reported for...
Business8 months ago

Cheaper food prices lower retail inflation in February

New Delhi, March 12: Lower food prices halved India’s retail inflation in February 2019 to 2.57 per cent, from 4.44 per cent during the corresponding month...
Business8 months ago

Sensex 481 pts up, Nifty above 11,300

Mumbai, March 12: Expectations of a stable government post the general elections along with a strong foreign fund inflow pushed the key Indian equity indices over...
Business8 months ago

Sensex up 250 points, oil, gas stocks surge

Mumbai, March 11: Markets rallied on Monday following the announcement of Lok Sabha election schedule and a largely positive global markets. Sensex and Nifty surged over...
Business8 months ago

Akash-Shloka Wedding: Ban Ki-Moon, Tony Blair, Sundar Pichai among VIP guests

Mumbai, March 9: Today is the Grand Wedding day as Akash Ambani, the son of Reliance Industries chairman Mukesh Ambani is all set to marry his...
Business9 months ago

Sensex, Nifty ends marginally lower over weak global cues

Mumbai, March 8: Amid weak global cues, the Indian equity indices ended with marginal losses on Friday after trading in a range for a major part...
Business9 months ago

Infosys to deliver digital services to Rolls-Royce

Bengaluru, March 7: UK-based automobile and aerospace major Rolls-Royce has selected Infosys as a strategic long-term partner to deliver engineering and digital services, said the global...
Business9 months ago

Key Indian equity market indices open in green

Mumbai, March 7: Despite a muted trend in Asian markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the...
Business9 months ago

Jio propels Mukesh Ambani to 13th spot in Forbes’ billionaire list

New Delhi, March 6: The phenomenal growth of Reliance Jio, backed by its ultra-cheap data plans that has transformed the telecom scenario in India, has helped...
Business9 months ago

Sensex ends 194 points higher; mid-caps, small-caps gains

Mumbai, March 6: A sharp fall in crude oil prices along with continuous foreign fund inflows helped the major indices — Sensex and Nifty — to...
Business9 months ago

Sensex closes 379 points up, Nifty at 10,988

Mumbai, March 5: Attractive valuations and ease in Indo-Pak tensions as well as strong gains in the Indian rupee helped the benchmark Sensex gain 379 points,...
World9 months ago

Japan court grants ex-Nissan chief Ghosn $9 mn bail

Tokyo, March 5: A Japan court on Tuesday granted ousted Nissan Motor Co. Chairman Carlos Ghosn a $9 million bail in a case of financial misconduct...
World9 months ago

Trump announces plans to end $5.6 bn preferential trade programme for India

New York, March 5: US President Donald Trump has announced that he was ending India’s $5.6 billion trade concessions under the Generalised System of Preferences (GSP)...
Business9 months ago

ICICI-Videocon loan case: ED questions Kochhars, Dhoot

New Dlehi, March 2: The Enforcement Directorate is questioning Former ICICI Bank CEO Chanda Kochhar, her husband Deepak Kochhar and Videocon Chief Venugopal Dhoot in connection...
Business9 months ago

India’s GDP growth projection lowered to 7% in 2018-19

New Delhi, Feb 28 (IANS) India is estimated to grow at a slower pace of 7 per cent in 2018-19, down from the 7.2 per cent...
Business9 months ago

WoodenStreet Aims for a Broader Expansion through a Unique Franchise Model

When it began with a dream to bring customization to the furniture market, WoodenStreet was but a small team of 10, starting with an online platform...
Business9 months ago

Amid negative global cues, F&O expiry Sensex ends 38 points lower

Mumbai, Feb 28: The benchmark Sensex closed 38 points lower on Thursday, while the Nifty finished below the 10,800-mark amid monthly derivative expiry and caution ahead...
Business9 months ago

Sensex ends 68 points lower as Indo-Pak tensions escalate

Mumbai, Feb 27: The Sensex and the Nifty finished in the red after rising during the early trading on Wednesday. The S&P BSE Sensex ended the...
Business9 months ago

Sensex tanks 500 over fears of escalation in India-Pakistan tension

Mumbai, Feb 26: The benchmark Sensex fell over 500 points on Tuesday after Pakistan claimed that Indian Air Force (IAF) fighter jets crossed the Line of...
Business9 months ago

FDI inflow in April-Dec fall 7% to $33.5 billion

New Delhi, Feb 25 : Foreign direct investment (FDI) into India in April-December 2018 declined by 7 per cent to $33.5 billion over $36 billion received...
Business9 months ago

Sensex surges 340 points over easing US-China trade tension

Mumbai, Feb 25: The benchmark Sensex advanced over 100 points after opening in the green on Monday following optimism in the Asian markets amid signs of...
Business9 months ago

Twitter co-founder Evan Williams steps down from board

San Francisco, Feb 23: Twitter co-founder Evan Williams on Friday announced that he is stepping down from the board of directors of the the micro-blogging site...
Business9 months ago

High oil price, inflationary fears subdue equity indices

Mumbai, Feb 22: High crude oil prices and fears of a rise in core inflation subdued the key Indian equity indices on Friday. According to market...
Business9 months ago

Sensex gains 142 points, Nifty 54

Mumbai, Feb 21: Major indices Sensex and Nifty advanced for the second day on Thursday, after it broke the nine-session-long losing streak earlier in the week...
Business9 months ago

EPFO hikes 8.65% interest rate for 2018-19 fiscal year

New Delhi, Feb 21: Employees’ Provident Fund Organisation on Thursday increased interest rate on employees’ provident fund to 8.65% from 8.55% for the 2018-19 fiscal year....
Business9 months ago

Sensex ends losing streak, ends 403 points higher

Mumbai, Feb 20: A slight ease in crude oil prices along with value buying and a strong rupee aided the benchmark Sensex to snap its longest...
Business9 months ago

Ericsson Case: Supreme Court holds Anil Ambani guilty of contempt

New Delhi, Feb 20: The Supreme Court on Wednesday held Reliance Communication chairman Anil Ambani guilty of contempt in a case filed by telecom equipment maker...
Business9 months ago

Sachin Bansal invests Rs 650 crore in Ola

Bengaluru, Feb 19 (IANS) Internet entrepreneur and Flipkart co-founder Sachin Bansal has invested Rs 650 crore, or about $92 million, in ride-hailing platform Ola in his...
Business9 months ago

Sensex ends lower for ninth consecutive day; IT finish 2% lower

Mumbai, Feb 19: Major indices Sensex and Nifty fell for the ninth consecutive trade session on Tuesday after heavy selling in the final hour of the...
Startups News9 months ago

Government widens start-up definition, enhances angel tax exemption limit

New Delhi, Feb 19: India on Tuesday revised the definition of start-ups, while also enhancing the limit of angel tax exemption. Easing the rules of doing...
Business9 months ago

Rising crude prices, Indo-Pakistan tension drag Sensex 310 pts lower

Mumbai, Feb 18: Rising global crude oil prices, along with heightened tensions between India and Pakistan, dragged the Indian equity market on Monday, with the key...
Business9 months ago

RCom stock up 10% as company reaches agreement with lenders

Mumbai, Feb 18 (IANS) The Reliance Communication (RCom) stock rose sharply by over 11 per cent on Monday, a day after the Anil Ambani-led Reliance Group...
Business9 months ago

Reliance Group reaches agreement with 90% of lenders

"Unlike Zee/Essel Group promoters - where there are about 25 lenders -- the Anil Ambani Group has only nine lenders at promoter level. Some of the...
Business9 months ago

HCL 5th among top 10 tech firms that received H1-B certifications in US

New Delhi, Feb 16: At a time when the US move to limit H1-B visas has left major tech companies perturbed as it will seriously affect...
Business9 months ago

Sensex, Nifty open higher

Mumbai, Feb 15: The Sensex gained close to 140 points after opening higher on Friday while the Nifty logged slight gains to trade above the 10,750...
Business9 months ago

Market down for sixth-straight session; Sensex falls 157 pts

Mumbai, Feb 14: Sharp jump in Brent crude oil price along with subdued quarterly earning results and a weak rupee pulled the key equity indices lower...
Business9 months ago

FinMin asks six public sector banks to improve on PCA parameters

Earlier, a Finance ministry official had said all the six banks were expected to come out of PCA over the next two quarters or by June.
Business9 months ago

Ratan Tata’s half-brother Noel joins as trustee of Sir Ratan Tata Trust

Mumbai: R Venkataramanan, the managing trustee of the Tata Trusts, a string of non-profits that own 66% of the diversified Tata Sons, has resigned. In another...
Business9 months ago

Markets open in green

Mumbai, Feb 13: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the...
Business9 months ago

India’s January retail inflation more than halved to 2.05%

New Delhi, Feb 12 : India’s annual rate of retail inflation more than halved to 2.05 per cent in January from a high of 5.07 per...
Business9 months ago

India’s YoY industrial production growth rate plunges in December

New Delhi, Feb 12 (IANS) The growth rate of India’s factory production decelerated in December 2018 at 2.4 per cent from a rise of 7.3 per...
Business9 months ago

Sensex ends 240 points lower ahead of inflation data release

Mumbai, Feb 12: The BSE Sensex closed 240 points lower on Tuesday, ahead of the release of retail inflation and industrial production data. After trading on...
India9 months ago

Faridabad-based student team clinches Microsoft’s Asia talent hunt contest

It was the proud moment for the Indian Tricolour to fly high as Faridabad-based Manav Rachna Institute of Research and Studies, student team attained victory at...
Business9 months ago

Swiggy launches ‘Stores’ platform for FMCG, medicine delivery

Bengaluru, Feb 12: In a bid to challenge the dominance of online fast moving consumer goods (FMCG) delivery platforms like Grofers and Big Basket, food delivery...
Business9 months ago

Sensex ends 151 points lower, Nifty short of 10,900

Mumbai, Feb 11: Major equity indices traded in the red throughout the day on Monday ahead of the key macro-data release on Tuesday, with Sensex closing...
Blog9 months ago

Defunct Kingfisher Airline promoters prevented shares worth over Rs 7,500 crore for use in settling bank claims

New Delhi, Feb 10 (IANS) Promoters of Kingfisher Airlines Ltd (KAL), including embattled liquor baron Vijay Mallya and United Breweries Holdings Ltd (UBHL), were in possession...
Business9 months ago

Sensex tanks 425 points, Nifty below 11,000

Mumbai, Feb 8: Both Sensex and Nifty ended over 1 per cent lower on Friday following a steep decline in auto stocks led by Tata Motors...
Blog9 months ago

RBI shifts to a more sanguine framework

The RBI cut policy rates by 25 bps to 6.25 per cent (voted 4-2) and changed the monetary policy stance from ‘calibrated tightening to ‘neutral (unanimous...
Business9 months ago

Good news: RBI rate cut to bring down EMI on home loans

Mumbai, Feb 7: The lowering of key lending rates by the Reserve Bank of India (RBI) on Thursday has come as a pleasant surprise for homebuyers...
Business9 months ago

Profit booking after rate cut subdues market

Mumbai, Feb 7: The Indian equity market failed to hold on to early gains made on the back of the Reserve Bank of India’s (RBI) suprise...
Business9 months ago

Loan interest costs set to fall as RBI cuts rate to 6.25%

New Delhi, Feb 7: In a surprise move that could bring down home and auto loans, the RBI on Thursday went the whole hog by not...
Business9 months ago

GAIL terminates contract with IL&FS for laying pipeline

New Delhi, Feb 6 : Natural gas processing and distribution major GAIL has terminated a contract given to IL&FS for laying pipeline in Bokaro-Durgapur section due...
Business10 months ago

Allahabad Bank narrows losses to Rs 732.81 cr in Q3

Kolkata, Feb 6: State-run Allahabad Bank on Wednesday announced a net loss of Rs 732.81 crore for the quarter ended December 31, 2018, narrowing the net...
Business10 months ago

Sensex closes 358 point up on hopes of rate cut

Mumbai, Feb 6: Expectations of rate cut in the Reserve Bank of India (RBI)’s bi-monthly monetary policy outcome due on Thursday, along with some healthy quarterly...
Business10 months ago

Air India CMD Pradeep Singh Kharola appointed Civil Aviation Secretary

New Delhi, Feb 6: Pradeep Singh Kharola, Chairman and Managing Director, Air India, was appointed the new Civil Aviation Secretary on Wednesday. The announcement came a...
Business10 months ago

Crypto exchange may have lost $145 mn after CEO dies in India

Quadriga, Canada's biggest cryptocurrency exchange, said it's unable to gain access to $145 million of bitcoin and other digital assets after the death of Cotten, its...
Business10 months ago

Caution over RBI’s rate-decision subdues market; oil stocks down

Mumbai, Feb 5: Caution over RBI’s rate-decision along with high crude oil price subdued the Indian equity indices on Tuesday. However, healthy gains in the global...
Business10 months ago

Bharti Airtel tanks over 4% after Moody’s downgrade

Mumbai, Feb 5: Shares of telecom major Bharti Airtel Ltd slipped over 4 per cent on Tuesday after ratings agency Moody’s downgraded some notes of the...
Business10 months ago

Walmart may exit Flipkart due to new FDI rules: Morgan Stanley

New Delhi, Feb 5: Retail giant Walmart may exit Flipkart after India’s new Foreign Direct Investment (FDI) norms for e-commerce companies came into force, US investment...
Business10 months ago

Last hour rebound lift equity indices, Sensex ends 113 pts up

Mumbai, Feb 4: Amidst fears over fiscal slippage, the Indian equity market made gains on Monday as buying picked up in the last hour of the...
Business10 months ago

GST revenue shortfall drags down tax revenue estimates

New Delhi, Feb 2 : Shortfall in GST revenue of an estimated Rs 1 lakh crore has forced the government to revise downwards its gross tax...
India10 months ago

Farmers’ protest as FM announces farm sops; DND shut, Delhi-Noida traffic hit

New Delhi, Feb 1 : On the day when Finance Minister Piyush Goyal announced direct annual income support of Rs 6,000 to farmers with land holding...
Business10 months ago

Interim Budget buoys market, Sensex ends 212 pts up

Mumbai, Feb 1:Interim Budget announcements of higher tax exemption limit and key measures for the rural economy and SME sector buoyed the Indian equity market on...
Business10 months ago

This in not Budget, but BJP manifesto for Lok Sabha polls: Congress

New Delhi, Feb 1: The Congress on Friday dubbed the Interim Budget as the “BJP manifesto”, saying the entire exercise was aimed at wooing voters for...
Business10 months ago

Highlights of Interim Budget 2019-20

New Delhi, Feb 1: Finance Minister Piyush Goyal on Friday made some major announcements in this year’s interim budget, including income support for marginal farmers and...
Business10 months ago

Budget 2019: No need to pay income tax if you earn less than Rs 5 lakh

New Delhi, Feb 1: Finance Minister Piyush Goyal on Friday made some major announcements in this year’s interim budget, including income support for marginal farmers and...
Business10 months ago

Budget 2019: Rs 6,000 investment support to farmers

New Delhi, Feb 1: Finance Minister Piyush Goyal on Friday announced direct annual income support of Rs 6,000 to farmers with land holding of two hectares....
Business10 months ago

Fiscal deficit target pegged at 3.4% of GDP in 2019-20

Fiscal deficit target pegged at 3.4% of GDP in 2019-20
Business10 months ago

Budget 2019: Government announces ‘Kamdhenu Yojana’ for cows

New Delhi, Feb 1: Finance Minister Piyush Goyal on Friday announced that the government will set up “Kamdhenu Yojna” for the welfare of cows. “The government...
Business10 months ago

Budget 2019: Goyal announces mega pension scheme for unorganised sector workers

New Delhi, Feb 1: Finance Minister Piyush Goyal on Friday announced the “Pradhan Mantri Shram Yogi Mandhan”, a scheme to provide an assured monthly pension of...
Business10 months ago

Market surge on global cues, healthy Q3 results; Sensex up 665 pts

Mumbai, Jan 31: Short-covering ahead of the monthly derivatives expiry along with a dovish US Fed outlook and healthy large-cap quarterly earnings result pushed the barometer...
Business10 months ago

Sensex ends flat over caution ahead of interim budget, F&O expiry

Mumbai, Jan 30: Mixed corporate earning results and caution ahead of the upcoming interim budget as well as the F&O expiry kept the indices from advancing...
Business10 months ago

Zee Media independent director quits after company ‘upheavals’

Mumbai, Jan 30: The massive plunge in Zee Entertainment Enterprises Ltd (ZEEL) stock last week following a media report which said that Zee promoters Essel Group...
Business10 months ago

Sensex ends 64 points lower, Nifty settles at 10,652

Mumbai, Jan 29: Uncertainties in the global market and caution ahead of the interim budget kept the major equity indices in a tight range on Tuesday,...
Business10 months ago

Equity market slumps over 1%; banking stocks tank

Mumbai, Jan 28: The Indian equity market slumped by over 1 per cent on Monday as banking, automobile, healthcare and consumer durables stocks came under heavy...
Business10 months ago

On Feb 1, will it be an interim budget or vote-on-account?

New Delhi, Jan 28: Will there be an interim budget or a vote-on-account on February 1. While the suspense on who will present it has ended...
Business10 months ago

Sensex up 160 points, Nifty marginally short of 10,900

Mumbai, Jan 25: Positive global markets and a strengthening rupee, with its third straight session of gains, aided the key equity indices to trade on a...
Business10 months ago

Mukesh Ambani aims to become India’s 1st Internet tycoon: The Economist

New Delhi, Jan 25: After a successful run with Jio which decimated the rival telecom players and has empowered 28 crore users in India till date,...
Politics10 months ago

NDA-BJP Govt has no right to present full budget: Congress

New Delhi, Jan 24: The Congress on Thursday attacked the Narendra Modi-led government for its plans to present a “full-fledged” budget in the upcoming Parliament Session,...
Business10 months ago

Sensex ends 86 points up, Nifty settles at 10,849

Mumbai, Jan 24: Amid mixed global cues and strengthening rupee, the Sensex advanced 86 points on Thursday while the broader Nifty settled at 10,849. While the...
Business10 months ago

Ravneet Singh Gill to be Yes Bank MD, CEO

Mumbai, Jan 24: Deutsche Bank India CEO Ravneet Singh Gill has been named the new MD and CEO of Yes Bank with effect from March 1....
India10 months ago

CBI registers case against V.N. Dhoot, Chanda Kochhar

Mumbai, Jan 24: In a significant development, the CBI on Thursday lodged an FIR against former ICICI Bank chief Chanda Kochhar, her husband Deepak Kochhar and...
Business10 months ago

After Jio, Mukesh Ambani bets big on Internet, video streaming market

New Delhi, Jan 24: Reliance Industries Chairman and Managing Director Mukesh Ambani who has disrupted the mobile telephony market with Reliance Jio, is set to take...
Business10 months ago

Sensex down 130 points minutes after opening in green

Mumbai, Jan 22: The S&P BSE Sensex declined around 130 points minutes after opening on a positive note on Tuesday, tracking weakness in the major Asian...
Business10 months ago

Sensex ends 190 points higher

Mumbai, Jan 21: Amid healthy third quarter earnings, Sensex and Nifty ended on a firm note on Monday tracking similar trend in the global markets over...
Business10 months ago

Nepal bans Indian notes above Rs 100

Kathmandu, Jan 21: Nepal’s central bank has announced the ban of Indian currency notes with denominations above Rs 100. The Nepal Rastra Bank (NRB) on Sunday...
Business10 months ago

Budget expectation, Q3 results to guide Indian equities

The ongoing third quarter earning results, budget expectations, developments in the US-China trade relations and the Brexit issue will chart the course of the markets in...
Business10 months ago

Sensex, Nifty end flat; healthcare stocks fall 2%

Mumbai, jan 18: Mixed global cues, weakness in the Indian currency and heavy selling in the healthcare and finance stocks dragged the key equity indices on...
Business10 months ago

Doing business in India now easier, cheaper, faster: PM Modi

Gandhinagar, Jan 18: Prime Minister Narendra Modi on Friday said that his government had made doing business in India easier, cheaper, faster and smarter with his...
Business10 months ago

Sensex ends 52 points up, Nifty holds 10,900

Mumbai, Jan 17: Amid mixed global markets and the ongoing corporate earning session, Indian equities ended higher on Thursday. Ahead of the release of quarterly results...
Business10 months ago

RBI relaxes external commercial borrowing norms

New Delhi, Jan 16 : The Reserve Bank of India (RBI) on Wednesday announced a new framework for external commercial borrowings (ECBs) and rupee-denominated bonds in...
Business10 months ago

Microsoft’s venture fund to invest in Indian startups

Bengaluru, Jan 16: Microsoft on Wednesday announced that its corporate venture fund M12 will invest in Indian startups with a funding size of $2 million to...
Business10 months ago

Indian equities end flat on May’s Brexit defeat

Mumbai, Jan 16: Broadly negative global cues, especially owing to the political uncertainty in the UK, subdued the Indian equity market on Wednesday. Both major indices...

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