New Delhi: Industry body Confederation of Indian Industry (CII) on Sunday said the multi-sectoral and multi-dimensional policy stimulus announced last week will have a significant…
Posts published in “Business”
New Delhi: The Central Vigilance Commission (CVC) has constituted Advisory Board for Banking Frauds (ABBF) headed by former Vigilance Commissioner T M Bhasin to examine…
New Delhi: The government will soon consider a proposal of relaxing rules for complying with the mandatory 30 percent local sourcing norms by foreign single-brand…
New Delhi: Seven of the 10 most valued domestic companies cumulatively lost Rs 86,879.7 crore in market valuation last week, with FMCG major ITC taking…
After trading in red for three-session, Indian stock market benchmark BSE Sensex rebounded 228 points to end at 36,701.16 on Friday, August 23 on hopes…
New Delhi: The Enforcement Directorate on Saturday alleged Jet Airways founder Naresh Goyal “structured” a number of tax evading schemes and siphoned off huge funds…
New Delhi: The government on Saturday clarified that enhanced surcharge has been withdrawn for foreign portfolio investors on capital gains in both the equity and…
Finance Minister Nirmala Sitharaman on Friday, during a press conference, announced steps to be taken by banks for effective transmission of repo rate cuts to…
New Delhi: InterGlobe Aviation promoter Rakesh Gangwal on Friday said the company’s board has approved a new policy on related-party transactions, amid an ongoing feud…
Necessary notification for amendments in Prevention of Money Laundering Act will be issued, the finance minister said. Image for representation only. Loading… New Delhi: The…
New Delhi: Ruling out any immediate review of enhanced surcharge on super rich, Finance Minister Nirmala Sitharaman on Friday said the matter will be looked…
Nirmala Sitharaman also announced a rollback of enhanced surcharge on foreign portfolio investors (FPIs) levied in the Union Budget. New Delhi: Finance Minister Nirmala Sitharaman…
New Delhi: Aviation regulator DGCA has issued a fresh set of guidelines on-duty time limitations for aircraft maintenance personnel. The advisory is being issued to…
The finance minister also outlined steps like labour reforms, amendment to the bankruptcy law to increase investments. New Delhi: Finance Minister Nirmala Sitharaman and and…
Nirmala Sitharaman also said the decision on recommendations of the UK Sinha Committee regarding ease of credit, marketing, technology and delayed payments to MSMEs will…
Restoring the pre-Budget position, Sitharaman said the surcharge on long and short-term capital gains arising from transfer of equity shares has been withdrawn. News18 Creative…
Finance Minister Nirmala Sitharaman also said that banks will pass on RBI rate cut benefits to borrowers through MCLR reduction. New Delhi: Finance Minister Nirmala…
Addressing the media on measures to boost the economy, Sitharaman said the government respects and honours wealth creators. File photo of Finance Minister Nirmala Sitharaman.…
New Delhi: Air India owes three state-owned oil firms Rs 5,000 crore in unpaid fuel bills with payments being delayed by almost eight months, forcing…
The move is expected to generate an additional lending and liquidity in the financial system to the tune of Rs 5 lakh crore. File photo…
Bengaluru: SoftBank Group Corp-backed Indian hospitality startup Oyo will rebrand Hooters Casino Hotel in Las Vegas in a deal that a source with knowledge of…
Finance Minister Nirmala Sithraman said reform is a continuous process for her government and it tops the agenda. Finance Minister Nirmala Sitharaman at a press…
Mumbai: The rupee spurted 15 paise to close at 71.66 against the US dollar on Friday on hopes that the government will roll back the…
New Delhi: The Delhi High Court on Friday allowed Naresh Goyal, the founder of the now-grounded Jet Airways, to withdraw his petition for permission to…
New Delhi: Finance Minister Nirmala Sitharaman on Friday asked fair market regulator the Competition Commission of India to guard Indian businesses and consumers against foreign…
The NSO report is based on the payroll data of new subscribers of various social security schemes run by ESIC, retirement fund body EPFO and…
Reports of roll back of FPI tax and announcement that the finance minister would address the media in the evening fuelled speculations that the government…
At a time when the auto industry is cutting back on production and has cut 3.5 lakh jobs, Bajaj Auto MD Rajiv Bajaj has said…
Moody’s Investors Service said the weaker global economy has stunted Asian exports and the uncertain operating environment has weighed on investment. A representative photo. (Courtesy:…
Mumbai: When Prime Minister Narendra Modi was re-elected in May with a sweeping majority, Indian stock markets jumped to all-time highs as investors anticipated big…
New Delhi: Air India owes three state-owned oil firms close to Rs 4,500 crore in unpaid fuel bills with payments being delayed by almost seven…
The rupee for the first time in nine months breached the 72-mark against the US dollar in opening trade due to heavy losses in stock…
The 30-share index dropped 345.55 points or 0.95 per cent to 36,127.38 in early session with 19 of its constituents trading in the red. Image…
A strong dollar in the overseas markets and continued foreign fund outflows weighed on the domestic currency, according to forex traders. (Image only for representational…
The benchmark stock indices on Thursday, August 22, ended at a six-month low after government’s chief economic adviser ruled out a stimulus, which dashed hopes…
New Delhi: Niti Aayog Vice Chairman Rajiv Kumar has described the current economic slowdown as an “unprecedented situation that India has not faced in last…
Mumbai/ Bengaluru: Amazon.com Inc is set to snag a minority stake in India’s Future Retail Ltd, which operates more than 900 stores in India and…
New Delhi: With the tourist season coming to an end, the domestic air passenger traffic in July increased by just 3.01 per cent compared to…
New Delhi: Skeptical about the efficacy of a bailout package to Indian industry, Chief Economic Adviser KV Subramanian on Thursday said any such step will…
According to an airline official, discussions are underway to resolve the matter and Air India has already paid Rs 60 crore as lump sum. Representative…
Mumbai: The Indian rupee on Thursday plunged to an over eight-month low of 71.81, dropping 26 paise against the US dollar as tumbling equities and…
Dubai: The UAE will be the first Middle East country to launch the RuPay Card during Prime Minister Narendra Modi’s visit to the Gulf nation…
The fall is the lowest in eight months is possibly due to a block deal that saw 6.7% of the NBFC’s shares exchanging hands at…
Mumbai: Benchmark equity index Sensex plummeted 587 points on Thursday, pressured by heavy selling in banking and energy stocks amid weak global cues. Investor sentiment…
Aurangabad/Mumbai: Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season window closed, Indian farmer…
Real estate giant DLF’s shares fell by 19.4 percent intraday on Thursday to hit its 31-month low on August 22 after receiving a notice from…
Mumbai: The rupee opened on a weak note and fell 17 paise to 71.71 against the US dollar in early trade on Thursday amid foreign…
Mumbai: Domestic equity benchmark BSE Sensex dropped over 100 points to fall below the 37,000 mark on Thursday tracking weak cues from other Asian markets…
Benchmark indices ended in red for the second consecutive day on Wednesday, August 21 due to broad-based selling. Despite strong European cues, the BSE Sensex…
India’s July crude oil imports declined from a year earlier, while petrol imports climbed to their highest since at least April 2011, data from the…
Hyderabad: India needs to encourage ecommerce and reduce red tape to help small businesses sell online and export goods to help revive sagging domestic economic…
Mumbai: Transfer of funds through the high-value RTGS system will be available from 7 am instead of 8 am from August 26, the Reserve Bank…
A report had said the Kolkata-based group having presence in cigarettes to hospitality and IT, is considering a bid to buy stake in the Coffee…
London: The Indian government has lodged an appeal against a local UK council’s attempt to close down a memorial dedicated to Bhimrao Ambedkar in north…
New Delhi: Gold prices on Wednesday appreciated Rs 50 to hit a new high of Rs 38,820 per 10 gram at the bullion market here…
Mumbai: Benchmark equity index Sensex slumped 268 points on Wednesday, dragged by losses in ITC, HDFC, L&T and ICICI Bank as investors remained wary of…
Bengaluru: Parle Products Pvt Ltd, a leading biscuit maker, might lay off up to 10,000 workers as slowing economic growth and falling demand in the…
Bengaluru: Indian shares were little changed on Wednesday in the absence of major cues, in line with broader Asia, as investors were hopeful of monetary…
Mumbai: The rupee rebounded from six-month low level and appreciated by 23 paise to 71.48 against the US dollar in early trade on Wednesday tracking…
Mumbai: Domestic equity benchmarks BSE Sensex and NSE Nifty started on a negative note on Wednesday as investors remained risk averse due to uncertainties over…
Benchmark indices shed their early gains with modest loses to end marginally lower Tuesday, August 20. The day witnessed volatile trading with Nifty closing below…
Mumbai: Reserve Bank deputy governor MK Jain on Tuesday slammed banks for poor compliance with regulations, and pointed out that high value frauds and fines…
Post-transaction, Ctrip.com — an existing stakeholder in MMT — will increase its stake in the Indian travel company to 49 per cent. Image for representation…
Former joint MD of the company, Arun K Saha, and MD of transportation network, K Ramchand, were arrested in June under the Prevention of Money…
DHFL shares tanked 5.20 per cent to close at Rs 46.50 on the BSE. Intra-day, the stock tumbled 7.84 per cent to Rs 45.20. Image…
NTPC and Power Development Department, Jammu and Kashmir, had earlier requested the coal ministry for cancellation of the coal block. Representative image Loading… New Delhi:…
Jet Airways, which is under insolvency proceedings, stopped flying from April 17, leaving hundreds of slots vacant at both domestic and international airports. Jet Airways.…
According to a blueprint prepared by the Railway Board, no concessions, privileges or duty passes will be allowed on these trains, sources said. Indian passengers…
The company’s market valuation fell by Rs 3,035.31 crore to Rs 16,524.69 crore on the Bombay Stock Exchange. It’s market valuation fell by Rs 3,035.31…
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Tuesday declined to give any interim relief to auditing firms Deloitte Haskins & Sells LLP…
New Delhi: India’s automobile industry may be in for some sunshine after months of gloom and doom. According to data released by the Federation of…
Mumbai: Snapping its three-session rising streak, equity benchmark Sensex closed 74 points lower on Tuesday, dragged by losses mainly in financial counters as investors remained…
New Delhi: Gold prices on Tuesday touched a record high of Rs 38,770 per 10 gram in the national capital after gaining Rs 200 on…
Mahanagar Gas Ltd (MGL) share price rallied 12 percent to Rs 882.10 in the National Stock Exchange (NSE) in early trade on Tuesday (August 20)…
New Delhi: A government panel has recommended cutting the corporate tax rate to 25% from 30% for all companies and scrapping surcharges on tax payments,…
New Delhi: State Bank of India announced special offers for customers on Monday to encourage purchase during the upcoming festive season in the retail banking…
While Sensex and Nifty shed off majority of their early gains in the last trading hours on Monday, August 19, certain stocks came in news…
Mumbai: Domestic equity benchmark BSE Sensex rose over 100 points in early trade on Tuesday led by gains in IT stocks amid positive cues from…
Mumbai: The rupee opened on a weak note and fell 23 paise to 71.66 against the US dollar in early trade on Tuesday amid rising…
Mumbai: If the largest lender SBI has its way, it may herald the beginning of the end of the ubiquitous debt cards from the banking…
Mumbai: Swedish home furnishings major Ikea on Monday said it has launched its online store in the city offering more than 7,500 products. It said…
Washington: US President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk…
Mumbai: Global payments major Visa on Monday hit out against the government for abolishing the merchant discount rate (MDR) on card payments, as the logic…
Mumbai: Credit growth will have to increase “substantially” to over 20 percent annually if the economy were to achieve Prime Minister Narendra Modi’s USD 5-trillion…
New Delhi: Former RBI Governor Raghuram Rajan has called slowdown in the economy “very worrisome” and said the government needs to fix the immediate problems…
Mumbai: The Indian rupee tumbled 29 paise to close at an over six-month low of 71.43 against the US dollar on Monday amid growing worries…
New Delhi: Gold prices on Monday declined by Rs 100 to Rs 38,570 per 10 gram in the national capital, tracking weak trend overseas and…
Mumbai: Benchmark indices Sensex and Nifty saw their gains restricted on Monday after financial and auto stocks came under selling pressure towards the fag-end of…
Mumbai: Even as he reiterated the regulatory resolve to not let any large NBFC fail, Reserve Bank governor Shaktikanta Das Monday ruled out ordering an…
Mumbai: After over a dozen public sector banks, including State Bank, have voluntarily linked their loans and deposits pricing to the repo rate, Reserve Bank…
With over 0.92 crore shares of changing hands, MPS Infotecnics was leading among the most traded stocks on the National Stock Exchange (NSE) in the…
Hong Kong/Singapore: Cathay Pacific shares were choppy in opening trade on Monday after the shock exit of CEO Rupert Hogg, as the airline grapples with…
Mumbai: The rupee appreciated by 9 paise to 71.05 against the US dollar in early trade on Monday, tracking gains in domestic equities and indication…
Mumbai: Domestic equity benchmark BSE Sensex rose over 200 points in early trade on Monday tracking gains in index heavyweights RIL, ICICI Bank and Infosys…
Hoping that monsoon will have a positive impact, the SBI chairman said increased spending by the government and the upcoming festival season would boost demand.…
New Delhi: The government plans to give debt waiver for “small distressed borrowers” under the insolvency law framework, according to a senior official. The proposed…
New Delhi: The government is likely to come out with a clarification on applicability of the foreign direct investment policy on the digital media sector,…
New Delhi: Foreign investors pulled out Rs 8,319 crore on a net basis from capital markets in the first half of August, continuing their selling…
New Delhi: Nine of the 10 most valued Indian companies suffered a combined loss of Rs 84,354.1 crore in their market valuation last week mainly…
New Delhi: Amid an escalating face-off between restaurants and aggregators, online food-ordering platform Zomato on Saturday said it is open to making modifications to rectify…
New Delhi: Cafe chain operator Coffee Day Enterprises on Saturday said its total debt is expected to reduce to around Rs 1,000 crore after adjusting…
New Delhi: The Enforcement Directorate has filed its first charge sheet in the IL&FS alleged illegal payment default crisis case even as it has attached…
Kolkata: The leader of the Congress in Lok Sabha, Adhir Ranjan Chowdhury, has said it will be tough for any leader from outside the Gandhi-Nehru…
New Delhi: Bharti Airtel shareholders have approved a proposal allowing chairman Sunil Bharti Mittal and CEO Gopal Vittal to retain excess remuneration paid in 2018-19,…
New Delhi: The finance ministry has asked public sector banks (PSBs) to initiate a month-long consultation process with officers starting from branch level to seek…
Mumbai: The rupee recovered from early lows to close higher by 13 paise at 71.14 against the US currency on Friday in line with firm…
IDBI Bank Ltd shares slumped as much as 12% in intraday trade on Friday, i.e. 16 August after the lender posted massive loss of Rs…
Yes Bank Ltd shares bounced back over 6% in intraday trade on Friday, i.e. 16 August, after a media report said that the lender is…
PM Modi Worried About Job Losses, Asks Nirmala Sitharaman For Detailed Analysis on Economic Slowdown
PM Modi Worried About Job Losses, Asks Nirmala Sitharaman For Detailed Analysis on Economic Slowdown
New Delhi: Prime Minister Narendra Modi has reviewed the state of the economy and discussed likely steps to arrest the current slowdown with union finance…
Indian stock markets were trading with modest losses on Thursday, i.e. 16 August. At 11:07 am, the benchmark S&P BSE Sensex was trading at 37,219.79,…
Mumbai: The rupee opened on a weak note and fell 20 paise to 71.47 against the US dollar in early trade on Friday amid rising…
New York: General Electric shares plunged Thursday after an accounting expert accused the company of fraud, an allegation the industrial giant strongly denied and said…
Mumbai: Domestic equity benchmark BSE Sensex dropped over 300 points in early trade on Friday tracking losses in metal, auto, IT and banking stocks. The…
New Delhi: The National Company Law Appellate Tribunal (NCLAT) upheld the order of the Mumbai bench of NCLT, directing to initiate insolvency resolution process against…
New Delhi: US-based co-working operator WeWork is expanding its India business and foraying into Pune market where it has taken on lease over 1.22 lakh…
New Delhi: Senior officials of 16 countries, including India, China and Australia, which are negotiating mega free trade agreement RCEP will meet in Indonesia next…
New Delhi: Saudi Arabian Oil Co (Aramco) buying a 20 percent stake in Reliance Industries’ oil-to-chemical business will help it regain the position of being…
New York: Stock markets on both sides of the Atlantic saw hefty losses Wednesday, gripped by fears for the global economy following poor Chinese and…
New Delhi: The Bimal Jalan committee, constituted to assess the adequate size of capital reserves that the RBI should hold, has finalised its report, sources…
Dear Reader, We invite you to subscribe to Moneycontrol Pro and move to the next level of data, tools and content that we have to…
Mumbai: BSE benchmark Sensex rallied 353 points on Wednesday, driven by gains in index heavyweights ICICI Bank, RIL, HDFC and Infosys amid positive Asian cues.…
New Delhi: Wholesale price-based inflation declined for the third consecutive month to a 25-month low of 1.08 per cent in July, mainly on account of…
Bengaluru: The Coffee Day Group has sold its 100-acre tech park in Bengaluru to private equity player Blackstone. The deal is valued between Rs 2,600-Rs…
New Delhi: Hospitality firm Oyo is all set to enter the high-margin segment with the launch of its coffee chain, The French Press. According to…
India’s famed automobile sector has been hit by a severe slowdown for many months now and its unprecedented sales decline has ceased to surprise. The…
Sun Pharmaceutical Industries Ltd shares dropped over 6% on Wednesday, wiping out all the gains of the previous session when the company had reported its…
Apollo Hospitals Enterprise Ltd stock rallied over 9% its 52-week high of Rs 1,445 on Wednesday, i.e. 14 August, a day after the company reported…
Inflation based on Wholesale Price Index (WPI) was at 2.02 per cent in June this year and 5.27 per cent in July 2018. A vendor…
New Delhi: In an attempt to safeguard workers’ savings in their provident fund accounts, the Employees’ Provident Fund Organisation (EPFO) will seek early redemption of…
New Delhi: Moody’s Investors Service on Wednesday said Reliance Industries’ announcement of sale of a 20 per cent stake in its oil to chemicals (O2C)…
Mumbai: The rupee rebounded from the six-month low and appreciated by 55 paise to 70.85 against the US dollar in early trade on Wednesday amid…
Mumbai: Domestic equity benchmark BSE Sensex rebounded by nearly 300 points in early trade on Wednesday, led by gains in index heavyweights RIL, HDFC and…
Mumbai: The RBI on Tuesday said on-lending by registered NBFCs (other than MFIs) towards agriculture, MSEs and housing sector up to prescribed limits will be…
New Delhi: The Centre has issued guidelines on operationalising Rs 1-lakh crore partial guarantee scheme under which public-sector banks can purchase high-rated pooled assets of…
New Delhi: Consumer price index (CPI) based retail inflation eased marginally to 3.15 per cent in July on the back of softening fuel and light…
As per the data released by the Central Statistics Office (CSO), the inflation in the food basket was 2.36 per cent in July, marginally up…
New Delhi: American e-commerce giant Amazon is in advanced stage of discussions with Future Retail Ltd for picking up 8-10 per cent stake in the…
Mumbai: BSE benchmark Sensex on Monday crashed about 624 points dragged by heavy losses in index heavyweights HDFC twins, Infosys, ITC and ICICI Bank amid…
New Delhi: Silver prices on Tuesday soared Rs 2,000 to touch an all-time high mark of Rs 45,000 per kg, while gold declined by Rs…
Bharat Heavy Electricals Ltd (BHEL) shares cracked over 11 percent in intraday trade on Tuesday after the state-owned company reported a consolidated net loss of…
New Delhi: Ace stock market investor Rakesh Jhunjhunwala, in an exclusive interview to CNBC-TV18, said in order to attract foreign investment, a necessity to realise…
Reliance Capital Ltd shares witnessed huge swing on Tuesday, August 13, as the stock price declined over 8% in afternoon trade after rising 5% in…
The deal, which is in a very early stage, would allow the company to conduct required due diligence going forward. The logo of Saudi Aramco…
Founded in 2015, CARS24 is among the largest platforms for buying and selling cars in the country. File photo of Indian cricketer MS Dhoni. Loading……
Yes Bank Ltd shares plunged over 10% in intraday trade on Tuesday, i.e. 13 August, after falling 8% in the previous session. The stock price…
Reliance Industries Limited (RIL) share reclaimed more than Rs 8 lakh crore capitalisation in trade on Tuesday, a day after chairman and managing director of…
Bharti Airtel Ltd and Vodafone Idea Ltd shares took a beating on Tuesday, August 13, after Reliance Industries Ltd chairman Mukesh Ambani announced at the…
Bengaluru: Reliance Industries shares saw their biggest intraday rise in a more than a decade on Tuesday, after it set a target to reach zero…
Indian stock markets erased initial losses to trade in the positive zone on Tuesday, i.e. August 12, as trading resumed after a three-day long break.…
Mumbai: The rupee deprecated by 38 paise and fell to 71 per dollar mark in early trade on Tuesday amid strengthening of the American currency…
Mumbai: Domestic equity benchmark BSE Sensex dropped over 200 points in early trade on Tuesday, dragged by losses in index heavyweights HDFC twins, Infosys and…
Reliance Industries Ltd (RIL) shares jumped as much as 9% in early trade on Tuesday, i.e. 13 August, after chairman Mukesh Ambani made several important…
Mumbai: In the second major setback to the lenders bid to revive the grounded Jet Airways by selling it out, billionaire businessman Anil Agarwal, a…
New Delhi: In a surprise announcement, Reliance Industries Limited’s (RIL) Chairman and Managing Director Mukesh Ambani on Monday announced a 10-year partnership with Microsoft to…
New Delhi: The country’s gold imports, which have a bearing on the current account deficit (CAD), increased by 35.5 per cent to USD 11.45 billion…
Mumbai: Chairman and Managing Director of Reliance Industries Ltd (RIL), Mukesh Ambani on Monday announced a slew of new measures that will bring you closer…
On Sunday, Agarwal’s investment company Volcan Investment, had submitted an expression of interest in buying Jet Airways. File photo of Anil Agarwal (Twitter Image) Loading……
Mumbai: Jio and Reliance Retail businesses will be separated and listed on bourses in next five years, Chairman and Managing Director Mukesh Ambani said at…
New Delhi: Reliance Industries-owned Reliance Retail aims to be among the world’s top 20 retailers over the next five years, chairman and managing director Mukesh…
New Delhi: State-owned Syndicate Bank expects to mobilise Rs 4,000 crore from the recovery of bad loans during the current fiscal. The recovery is likely…
Reliance Industries Limited (RIL) Chairman and Managing Director Mukesh Ambani on August 12 held its 42nd annual general meeting (AGM) in Mumbai. Mukesh Ambani made…
Johannesburg: Indian digital platform Meesho has raised $125 million in its latest funding round, led by South African internet group Naspers, the e-commerce start-up said…
Mumbai: Mukesh Ambani on Monday announced plans to make Reliance group a zero-net debt company in the next 18 months as he sells stakes in…
Etihad acquired a 24% stake in Jet in 2013, at a time when the Indian airline needed significant financial support, but since then the Abu…
The Reliance Brands, the retail arm of conglomerate Reliance Industries, has teamed up with Tiffany and Co. to launch the American-bred store in India. The…
New Delhi: Reliance Industries Limited’s (RIL) Chairman and Managing Director Mukesh Ambani unveiled his plans for the much-awaited Reliance New Commerce during the annual general…
Chairman and managing director of Reliance Industries Limited, Mukesh Ambani, on Monday announced a deal with Saudi Aramco, terming it India’s largest foreign direct investment…
Consumption of fuel, a proxy for oil demand, totaled 17.58 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry…
Aramco said total revenues including other income related to sales were at $163.88 billion in the first half of this year, down from $167.68 billion…
Hong Kong: Shares in Hong Kong’s flagship carrier Cathay Pacific plunged more than four per cent on Monday, after Beijing banned airline staff supporting Hong…
Aug 12, 2019 11:32 am (IST) Mukesh Ambani Thanks India on Behalf of Jio Family | On behalf of the entire Jio family, Mukesh Ambani…
Aug 12, 2019 11:14 am (IST) “The day is not far when Reliance Jio’s share will be more than 50 percent of our overall EBITDA.…
As Reliance Industries Limited (RIL) holds its 42nd annual general meeting (AGM) on Monday in Mumbai, investors and consumers will be awaiting fresh commercial launches…
New Delhi: Billionaire Mukesh Ambani’s Reliance Industries Ltd plans to produce only jet fuel and petrochemicals at its mega Jamnagar refinery complex as it implements…
New Delhi: Battling severe liquidity crunch, BSNL plans to aggressively chase outstanding dues from its enterprise clients and is hoping to recover the bulk of…
New Delhi: Exports of Indian goods, which were enjoying benefits under the preferential tariff system GSP, to the US registered a growth of 32 per…
New Delhi: The Centre will be in direct control of law and order and police in the Union Territory of Jammu and Kashmir through the…
Mumbai: The lenders of Jet Airways have received only three EoIs for sale of the grounded airline’s stake, with equity partner Etihad Airways not submitting…
London: The British economy unexpectedly shrank in the second quarter for the first time since 2012 as Brexit uncertainties heaped pressure on firms, official figures…
Deloitte said it will review the order issued by the National Company Law Tribunal (NCLT) and decide on a course of action shortly, while KPMG…
Mumbai: Extending gains for the second straight session, the BSE Sensex jumped 255 points on Friday on expectations of measures from the Centre to revive…
New Delhi: A day after touching an all-time-high level, gold prices on Friday slipped Rs 140 but traded above the Rs 38,000-mark at Rs 38,330…
Yes Bank Ltd shares dropped over 9% in afternoon trade on Friday, i.e. 9 August, after the lender informed stock exchanges on Thursday evening that…
In the latest June quarter, SpiceJet posted a total income of Rs 3,145.3 crore compared to Rs 2,253.3 crore in the corresponding period a year…
Hindalco Industries Ltd shares dropped over 4% in intraday trade on Friday after the company’s net profit dropped by a sharp 28% year-on-year to Rs…
New Delhi: The government aims to cover this year as many as 10 crore farmers under the PM-Kisan scheme, wherein they will be given Rs…
The Union Budget did not have too many provisions for economic revival, Adi Godrej, the chairman of Godrej Group said after meeting finance minister Nirmala…
Indian stock markets extended gains for a second day on Friday after rising over 1.7% in the previous session. At 12:27pm, the S&P BSE Sensex…
New Delhi: The time is right to shift to electric vehicles in India, said Anand Mahindra, chairman, Mahindra & Mahindra Ltd (M&M), in his address…
Page Industries Ltd shares dropped over 5.5% in intraday trade to their lowest levels in 52 weeks after the company reported poor set of earnings…
Yes Bank Ltd shares dropped nearly 3% in morning trade on Friday, after the lender informed stock exchanges on Thursday evening that was is in…
NBCC (India) Ltd shares plunged as much as 14% in intraday trade on Friday, i.e. 9 August, after the company posted disappointing set of numbers…
Mumbai: The rupee appreciated by 22 paise to 70.47 against the US dollar in early trade on Friday, tracking gains in domestic equities amid reports…
Mumbai: Domestic equity benchmark BSE Sensex jumped over 250 points in early session on Friday led by gains in banking and energy stocks amid reports…
New Delhi: The government is mulling to transfer land assets and loans of loss making BSNL to a special purpose vehicle in an effort to…
New Delhi: Johnson and Johnson on Thursday told the Delhi High Court that it was not withholding payment to those patients who underwent revision surgeries…
New Delhi: Naresh Goyal, the founder of the now-grounded Jet Airways, approached the Delhi High Court on Thursday to withdraw his petition seeking permission to…
New Delhi: Coffee Day Enterprises on Thursday said it has appointed global accounting firm EY to scrutinise the books of accounts of the company and…
New Delhi: Gold prices on Thursday crossed the Rs 38,000-mark for the first time by soaring Rs 550 to hit a fresh high of Rs…
The agreement was signed by Economic Affairs Division Secretary Noor Ahmed and the ADB’s Country Director Xiaohong Yang in the presence of Minister for Economic…