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A cashier counts Indian rupee currency notes inside a bank in Mumbai August 5, 2013. | (File Photo | Reuters)
Rupee falls on report of ministry's call for weaker currency; finance ministry denies

The Indian rupee fell below 67 to the dollar on Thursday after a television channel reported that the commerce ministry.

15 Sep 2016

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India. |Reuters
Sensex, other key equity market indexes slip on profit booking

The wider 51-scrip Nifty of the National Stock Exchange edged down by 10.35 points or 0.12 per cent to 8,716.25 points.

15 Sep 2016

US rival falls to Bayer's pounds 50bn advances

German chemicals giant Bayer has agreed to buy US seeds and pesticides rival Monsanto in a $66bn (pounds 50bn) takeover.

15 Sep 2016

Major telecos apply for spectrum bid

The largest spectrum auction is scheduled to begin from October 1 as all telecom majors including Bharti Airtel, Vodafone, Idea, Reliance Communications, Aircel, Reliance Jio, Tata communications have submitted their applications for bidding. The auction will witness airwaves worth Rs 5.63 lakh crore go on sale.

15 Sep 2016

PayU, Citrus finalise record $130mn deal merger

PayU, the global online payment service provider, on Wednesday finalized the deal that Citrus Pay, a leading Indian payments technology player, will become part of its Indian operation. PayU’s $130 million transaction is the largest ever M&A cash deal in Indian fintech, demonstrating its payments and financial services expansion strategy.

15 Sep 2016

WPI continues trend, rises to 3.74 percentage

Even after the retail price inflation showed some signs of downturn last week, the wholesale price index on Wednesday rose to 3.74 percent in August from…

15 Sep 2016

Gift or not, transfer of shares deemed a 'sale'

Any inter-se transfer of shares by a promoter to his wife will be considered as sale even if it is in the form of a gift where no monetary transaction…

15 Sep 2016

Pensioners can register track status, make complaints online

The website will serve as a one-stop destination for providing information relating to status of pension cases and payments and speedy redressal of grievances

15 Sep 2016

Chinese imports clouding 'Make in India' drive, says Apollo Tyres

Warned over growing imports of Chinese tyres in the country, a top official of Apollo Tyres on Wednesday said the situation was jeopardising the Centre’s…

15 Sep 2016

Indian Oil bets big on growing demand for natural gas

The company has also lined up supplies of LNG for a similar amount from the United States, Canada and Australia.

14 Sep 2016

Reliance Communications, Aircel to combine mobile business in a massive consolidation

India's Reliance Communications Ltd has agreed to combine its mobile phone services business with rival Aircel.

14 Sep 2016

RBI sets up working group on hedging of commodity price risk

Reserve Bank has set up a working group to review the guidelines for hedging of commodity price risk by residents in the overseas market amid rising volumes…

14 Sep 2016

Ford Motor says 2017 financial results to drop from 2016 levels

ETROIT- Ford Motor Co said that its 2017 financial performance will pale compared to this year's, because of increased spending on "emerging opportunities,"…

14 Sep 2016

AirAsia India plans 20 aircraft fleet size by 2018, free travel for Indian Olympians

Tata Sons holds 51 per cent stake in the no-frills carrier, while the rest is with Malaysia’s AirAsia Bhd.

14 Sep 2016

Paytm to power cashless payments for Bharat Gas

India’s largest mobile payment and commerce platform Paytm has partnered with Bharat Gas to offer Payment-on-Delivery.

14 Sep 2016

Reliance Jio, LeEco tie-up to offer 'Jio Welcome Offer' to customers

This is keeping in line with LeEco’s global credo of empowering and enhancing users’ lifestyles.

14 Sep 2016

Government pensioners can track status via SMS, online

  Over 11.61 lakh government pensioners can now track the status of their pension and grievance redressal through SMS as well as monitor receipts online…

14 Sep 2016

Sensex, Nifty rebound led by banking stocks

The Sensex has so far touched a high of 28,416.41 points and a low of 28,259.38 points during the intra-day trade.

14 Sep 2016

Bayer signs deal worth close to $66 billion to buy Monsanto

   Bayer won over Monsanto's management with a $128 per-share cash offer to acquire the global seed market leader, a person familiar with the matter…

14 Sep 2016

Brexit not the end of European Union, Juncker says

Brussels says the fund could also serve to bolster Internet connectivity across the bloc.

14 Sep 2016

India expected to post first current account surplus in nine years

India is likely to post its first current account surplus in nine years in the latest quarter, which should bolster the rupee.

14 Sep 2016