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Reliance Home Finance logs Rs 173 crore net, to get listed

The company also said it is on track to get its shares listed independently in the bourses, subject to regulatory approvals.

4 minutes ago

Rupee notes are seen in this picture illustration taken in Mumbai June 12, 2013. | Reuters
Rupee near 21-month high; gains 19 paise in early trade

Forex dealers said that apart from weakness in the dollar against other currencies overseas, foreign fund inflows and a higher opening in the domestic equity market supported the rupee.

1 hour ago

Boeing's new 737 MAX-9 is pictured under construction at their production facility in Renton, Washington, U.S., February 13, 2017. (Reuters)
Exclusive: Boeing near decision to launch 737-10 jet – sources

Boeing is nearing a decision to launch a larger version of its 737 workhorse jet within two months to counter strong sales of the Airbus A321neo.

1 hour ago

Sensex up 97 points in early trade ahead of Reliance Industries earnings.(Photo |Reuters)
Sensex hits record high; rupee at 20-month high

The Sensex rose to a high of 30,071.77 points, surpassing a record last hit in March 2015.

1 hour ago

Indian citizen held in US, charged with insider worth USD 48k

A 41-year-old Indian citizen has been arrested on charges of insider trading and making thousands of dollars using confidential information of a private equity firm's acquisition.

1 hour ago

Sensex up 97 points in early trade ahead of Reliance Industries earnings.(Photo |Reuters)
Nifty breaches all-time high, Sensex up 287 points

The stock markets continued on a roll on Tuesday with the benchmark Nifty index surging past the 9,300-point mark for the first time in its history.

10 hours ago

Jet Airways to add 42 weekly flights across domestic network

Jet Airways plans to add 42 weekly flights connecting three new city pairs — Nagpur and Delhi, Lucknow and Kolkata, and Kozhikode and Bengaluru.

10 hours ago

According to top executives of Wipro, the company is planning a reduced dependency on visas for offshore projects. | File Photo
Information technology major Wipro posts marginal improvement in profit

Information technology major Wipro on Tuesday reported a marginal increase in profit at Rs 2,267 crore for the January-March 2017 quarter.

10 hours ago

Revenue secretary Hasmukh Adhia addressing a GST Conclave in New Delhi on Tuesday | (Shekhar Yadav | EPS)
Revenue Secretary cautions industry not to be complacent about GST

Revenue Secretary Hasmukh Adhia on Tuesday cautioned industry not to be complacent about preparing for the goods and services tax (GST) thinking its rollout would be delayed.

10 hours ago

Reserve Bank of India governor Urjit Patel. (File photo | Reuters)
US’ protectionist policies could backfire: RBI Governor

Reserve Bank of India Governor Urjit Patel said US firms like Apple and IBM would not have grown to become the conglomerates they are today, had they sourced all their requirements locally.

10 hours ago

Taj Mahal hotel in Mumbai. Reuters
Shapoor Mistry resigns from Indian Hotels board

Shapoor Mistry, the elder brother of former Tata Sons Chairman Cyrus Mistry, has resigned as a director of the board of Indian Hotels Co.

14 hours ago

An attendant prepares to refuel a car at a petrol station . REUTERS
Oil dips on doubts over OPEC's ability to reduce inventories

If that pace continued, he said it would equate to a draw down of 250 million to 300 million barrels by the end of 2017.

14 hours ago

Bottles of Coca-Cola are pictured in a cooler during a news conference in Paris, France. REUTERS
Coca-Cola to cut 1,200 jobs, boosts savings target

Global soda sales fell 1 percent in the first quarter ended March 31, Coca-Cola said on Tuesday.

14 hours ago

Straight Path receives superior offer to AT&T's buyout bid

Straight Path's shares were up 6.4 percent at $118 in pre-market trading, much above the offer price, indicating that investors are expecting a bidding war.

14 hours ago

BSE in Mumbai  (File photo | Reuters)
Nifty scales lifetime high, Sensex nears 30,000-mark

The 50-share Nifty rallied 88.65 points, or 0.96 per cent, to reach its new lifetime closing high of 9,306.60.

16 hours ago

Intellect Design gets Sebi nod for Rs 200 crore rights issue

Going by the draft papers, Intellect Design Arena plans to garner up to Rs 200 crore through the rights issue.

20 hours ago

BSE in Mumbai  (File photo | Reuters)
Nifty breaches 9,300-mark for first time

The BSE 30-share Sensex was quoting at 29,926.96 at 1430 hrs, up 271.12 points, or 0.91 percent.

20 hours ago

Hiring in Indian IT firms to remain sluggish till September 17, says survey

Only 58 per cent of the Indian IT employers anticipate hiring over the coming two quarters, the survey said.

21 hours ago

Govt aims for record foodgrain production at 273 million tonnes in 2017-18

Monsoon is expected to be normal which will help in achieving the target.

21 hours ago

Dior CEO Sidney Toledano (C), his wife Katia (L) and Italian fashion designer Maria Grazia Chiuri (File Photo | AFP)
Luxury giant LVMH to buy Christian Dior Couture for 6.5 billion euros

The world's top luxury company LVMH plans to buy Christian Dior Couture, a wholly-owned unit of Christian Dior SA, for 6.5 billion euros.

21 hours ago

Labourers work behind an advertisement of Reliance Industries Limited at a construction site in Mumbai | Reuters
Reliance Industries stock up 3.5 per cent after Q4 results

Reliance Industries yesterday reported a record fourth quarter net profit of Rs 8,046 crore.

22 hours ago

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