New Delhi: The government in the next couple of days will announce a major policy for the stressed power sector, which has been reeling under high debt, Finance Minister Arun Jaitley said on November ...
Standard Chartered said it would axe 15,000 jobs and raise $5.1 billion by selling new shares as its new chief executive set out plans to restore profitability to a bank hit hard by an economic slowdo...
For those who possess gold as an investment asset, the higher rate of interest (2.25 percent to 2.5 percent) offered by the government under the gold monetisation scheme (GMS), which will be launched ...
MCG major Marico's profit increased 27.4 percent to Rs 150.7 crore in July-September quarter compared to Rs 118.3 crore in year-ago period, driven by operational performance. Revenue grew by 3.8 perce...
Mumbai: India's crowded telecoms sector is preparing for a long-awaited shake-up as highly indebted players jostle for access to costly airwaves and brace for the launch of a deep-pocketed new rival b...
CHENNAI: Cab aggregator Ola on Tuesday announced a partnership between its wholly owned subsidiary Ola Fleet Technology Pvt Ltd and Nissan Motor India Pvt Ltd.Ola rolled out a cab-leasing programme fo...
State-run Indian Oil Corp (IOC) on Tuesday reported a net loss of Rs.329.17 crore in the second quarter ended September caused by major inventory and foreign exchange losses as well as low refining ma...
India and the UK are expected to sign agreements in the financial sector aimed at improving the business climate in India during Prime Minister Narendra Modi's first official visit to Britain next wee...
In a big set back to China’s e-commerce giants such as Alibaba, an official report submitted to the Chinese lawmakers said only 58.7 per cent of items in online trades were genuine or of good qu...
Mumbai: E-commerce giant Amazon, one of the largest retailers e-books globally, launched its first brick-and-mortar bookstore in Seattle on Tuesday at 9.30am.Located in the University Village in Amazo...
New Delhi: Multiplex chain operator PVR Ltd reported an over four-fold jump in consolidated net profit at Rs 41.05 crore for the second quarter ended September 30. The company had reported a consolida...
San Francisco: A driver for Google's same day delivery service filed a proposed class action lawsuit against the company last week, alleging it improperly classified her as an independent contractor a...
KOLKATA: Asserting India will not have to depend upon imports, Union coal and power minister Piyush Goyal on Sunday exuded confidence of Coal India surpassing its production target of 550 million tonn...
New Delhi: Hinduja Group flagship company Ashok Leyland on Monday reported a 16.68 per cent increase in total sales at 9,804 units last month.The company had registered sales of 8,402 units in October...
Oberoi Realty Ltd today reported a marginal rise in consolidated net profit at Rs 72.44 crore forthe quarter ended September 30.Its net profit stood at Rs 70.54 crore in the year-ago period, Mumbai-ba...
NEW DELHI: IndiGo's parent InterGlobe Aviation has raised Rs 3,008.5 crore at the issue price of Rs 765 per share from its recently concluded over-subscribed IPO.The public issue closed on October 29 ...
Billionaire Anil Ambani-led Reliance Communications on Monday said it will take over Russian conglomerate Sistema’s Indian mobile telephony venture that operates under the MTS brand.While financ...
Continuing its losing streak for the sixth straight session, the benchmark BSE Sensex fell by another 80 points in early trade Monday on sustained selling by funds and retail investors amid sluggish A...
New Delhi: ATF or jet fuel price has been cut marginally while rate of non-subsidised cooking gas LPG has been hiked by Rs 27.50 a cylinder in line with global trends.Aviation Turbine Fuel (ATF) price...
New Delhi: Country's largest telecom operator Bharti Airtel will have a revenue growth of 8-10 per cent over the next 12-18 months on strong demand for data services and affordable smartphones, Moody'...