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Airtel Q4 net plunges 78 per cent as below-cost pricing, cut in global termination charges hurt

Airtel's total revenue fell by 10.5 per cent to Rs 19,634 crore in the fourth quarter of 2017-18, according to an Airtel statement.

2 minutes ago

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ED freezes Kanishk Gold properties worth Rs 48 crore

The Enforcement Directorate said it has frozen Rs 48 crore worth of properties belonging to Kanishk Gold Pvt Ltd under the Prevention of Money Laundering Act.

5 hours ago

Sensex (File Photo | Reuters)
Sensex gains for 2nd day, Nifty tops 10,600-level 

Benchmark indices managed to close higher for the second straight session today, led by gains in refinery, capital goods, healthcare, auto and banking stocks

7 hours ago

The Netflix logo is pictured on a television File Photo | Reuters)
Tata Sky, Netflix partner for content delivery 

Through this partnership,Tata Sky subscribers in India will be able to browse and access the entire Netflix service in the coming months through future Tata Sky platforms

8 hours ago

Central Bureau of Investigation (File photo | PTI)
CBI to quiz two former Left Ministers in Rose Valley chit fund scam case

Rose Valley, a chit fund organisation, is now under the scanner of the Enforcement Directorate and the CBI, and its sole proprietor and Chairman Gautam Kundu was arrested in Kolkata in 2015.

8 hours ago

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India likely to impose USD 92/ton antidumping duty on chemical import from 4 nations

The duty, if imposed, will protect domestic players from cheap imports of 'saturated fatty alcohols' from these four nations.

9 hours ago

ED attaches property worth Rs 1,122 cr of Vadodara's Diamond Power

The ED is probing financial irregularities under money laundering case it has filed based on the CBI FIR. 

9 hours ago

Representational image. (File | Reuters)
Equities trade flat-to-positive; Yes Bank, RIL top gainers

Heavy selling pressure in metals, IT and consumer durables stocks trimmed gains of the benchmark indices, market observers said.

9 hours ago

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Sensex gains 147 points on firm global cues, Nifty reclaims 10,600

Brokers said sustained buying by domestic institutional investors, firm trend other Asian bourses and encouraging earnings by some blue chips company boosted the sentiment here.

13 hours ago

Top 10 spots to visit in Caribbean this summer

With the summer approaching fast in 2018, it is time to plan a great vacation. The Caribbean is indeed a perfect choice, even if you have visited the…

15 hours ago

James Huang, Chairman, Taiwan External Trade Development Council.
Trade office, expo part of Taiwan bid to ramp up business with India

India ranks 14th in exports for Taiwan, and its companies invested just $287 million since 2000 in India.

22 hours ago

Vedanta (File| AP)
Vedanta’s Electrosteel acquisition credit positive: Moody's

For Vedanta, the acquisition will be a strategic fit in its overall portfolio, particularly in the light of its captive iron ore mines.

22 hours ago

Headquarters of Tata Consultancy Services (TCS) in Mumbai. (File |Reuters)
Tata Consultancy Services Ltd breaks into USD 100 billion market cap club

The software services firm, the second Indian company to achieve this feat after Reliance Industries Ltd, overtook multinational firm Accenture Plc, whose m-cap stood at $98.20 billion.

22 hours ago

Former Governor of Reserve Bank of India (RBI), Raghuram Rajan, listens to a question during a press conference to declare the bi-monthly monetary policy statement in Mumbai. (AP)
Raghuram Rajan may be in running for Bank of England governor: Report

Monday saw reports surface that former RBI governor Raghuram Rajan may be among some of the world’s leading economists in the running to take over as the Bank of England’s (BoE).

22 hours ago

Union commerce and industry minister Suresh Prabhu.
New industrial policy finalised, to be announced soon: Suresh Prabhu

Union commerce and industry minister Suresh Prabhu said on Monday that the government had finalised the new industrial policy, which will be announced soon.

22 hours ago

Lenders asked to consider Liberty bid for Bhushan

 IN a fresh turn of events, the NCLT has asked lenders of Bhushan Power & Steel Ltd. to consider Liberty House UK’s bid in the next meeting of the Committee of Creditors. Going a step further,

22 hours ago

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Indian diaspora sends USD 69 billion in remittances

Money sent by Indians abroad grew 9.9 per cent; fund inflows expected to continue to increase in 2018

22 hours ago

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SAIL, AAI sign MoU to utilise airstrips under Udan scheme

SAIL and Airports Authority of India on Monday entered into an MoU to utilise SAILs Rourkela, Bokaro and Burnpur airstrips under the Udan air regional connectivity scheme.

23 hours ago

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Suresh Kumar assumes additional charge as Coal India Ltd chief

Coal India Ltd on Monday said Coal Ministry's Additional Secretary Suresh Kumar has assumed the additional charge as its Chairman and Managing Director.

23 hours ago

Vedanta office building (Photo | Reuters)
Vedanta's acquisition of bankrupt Electrosteel Steels 'credit positive': Moody's

The Anil Agarwal-led mining company will subscribe to Electrosteel shares for USD 275.7 million and infuse USD 536.9 million to settle Electrosteel debt owed to its financial creditors.

23 hours ago

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Trai directs Aircel to refund unspent balance, security deposit to subscribers

In February this year, Aircel had announced that it has filed for bankruptcy and cited "intense competition" in the sector as the reason for the move.

23 hours ago