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Heritage Foods eyes Rs 6,000 crore revenue by 2022

Dairy products company Heritage Foods Limited (HFL), owned by the family of Andhra Pradesh chief minister Chandrababu Naidu, said on Monday that it would achieve Rs 6,000 crore revenue by 2022.

16 hours ago

India highest contributor of skilled workforce to US

India is among the largest contributors of skilled workforce to the US through H1B visas.

16 hours ago

Commerce and Industry Minister Nirmala Sitharaman | PTI
State governments may soon use GeM for goods procurement

Commerce and Industry Minister Nirmala Sitharaman on Monday announced that government’s e-Marketplace (GeM), the one-stop online marketplace for procurement of goods and services, will soon tie up.

16 hours ago

Reliance Industries Ltd fourth quarter profit soars by 12.3%

This boost came after it reported a higher gross refining margin of $11.5 per barrel.

16 hours ago

UltraTech Cement posts 11.3% drop in March quarter, income up 4%

Owing to higher expenses and costs, UltraTech Cement on Monday reported a 11.31 per cent dip in its consolidated net profit at Rs 725.90 crore for the fourth quarter ended March, 2017 as against Rs 81

16 hours ago

Reliance Industries posts higher quarterly profit; tops estimates

India's oil-to-telecoms conglomerate Reliance Industries Ltd on Monday posted a 12.8 percent rise in its fourth-quarter net profit .

23 hours ago

Image for representation only.
Vodafone India launches unlimited roaming plans for US, UAE, Singapore

This pack is available at price points with options of Rs 5,000 for 30 days, Rs 3,500 for 10 days, Rs 2,500 for seven days and Rs 500 for 24 hours, the company said in a statement here.

24 Apr 2017

(File Photo | Reuters)
Sensex bounces 291 points on earnings, rally in European shares

The 30-share Sensex stayed in the positive terrain through the session on the back of persistent buying.

24 Apr 2017

Apple CEO Tim Cook (File | AP)
Apple threatened to kick Uber out of App Store: Report

Had Uber's app was kicked out of App Store, the ride-hailing company would have lost access to millions of iPhone customers destroying its business.

24 Apr 2017

Luxury retailer Jimmy Choo puts itself up for sale

The firm said it has discussed the strategic review process with its majority shareholder, JAB Luxury which has confirmed it is supportive of the process.

24 Apr 2017

Indian Oil Corporation
India's March oil, gas output rise

Refinery production slipped 0.33 percent to 21.3 million tonnes.

24 Apr 2017

Workers of Dutch electronics giant Philips' factory of Dreux, central France, leave their morning shift. (File Photo | AFP)
Electronics giant Philips posts sevenfold jump in profits in first quarter

Philips posted a sevenfold leap in first quarter profits after spinning off its lighting business last year.

24 Apr 2017

US President Trump. (File photo | AP)
US President Trump resorting to unilateralism with steel probe - China Daily

The probe could result in efforts by the United States to curb imports that will affect the interests of a number of its major trade partners, including China, it said.

24 Apr 2017

Sensex up 97 points in early trade ahead of Reliance Industries earnings.(Photo |Reuters)
Sensex up 97 points in early trade ahead of Reliance Industries earnings

Widening of positions by investors ahead of quarterly earnings of Reliance Industries, which is scheduled to release its results later in the day, influenced trading sentiments, brokers said.

24 Apr 2017

An Indian one rupee coin is seen in this picture illustration taken in Mumbai . REUTERS/Files
Rupee gains 12 paise against US dollar

Besides, the dollar's weakness against some currencies overseas, fresh selling of the American currency by exporters as well as banks supported the rupee, forex dealers said.

24 Apr 2017

An offshore oil platform. (Reuters file image used for representational purpose only)
Oil recovers some lost ground, but market under pressure

Iran's crude oil exports are set to hit a 14-month low in May, suggesting the country is struggling to raise exports after clearing out stocks stored on tankers.

24 Apr 2017

China is confident of reaching the government's 6.5 percent GDP growth target this year, Xiao said in a notice published on the Ministry of Finance's website on Saturday.(Image for representational purpose | AP)
China policymakers bullish on economy, cite strong Q1 GDP, stable yuan

Separately, People's Bank of China (PBOC) adviser Sheng Songcheng said the improving economy has been matched by a stable yuan, with signs that capital is starting to return to China.

24 Apr 2017

Detail of a European map, including Great Britain, is seen on the face of a Euro coin in London, Britain, January 31, 2016.(Photo | Reuters)
Euro jumps, global shares firm on French election relief

Japan's Nikkei jumped 1.3 percent as the yen retreated, while MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.2 percent.

24 Apr 2017

World Bank Group President Jim Yong Kim (C), IMF Managing Director Christine Lagarde (R) and Indonesia's Finance Minister Sri Mulyani Indrawati are seated prior to the start of the Development Committee Plenary, as part of the IMF and World Bank's 2017 Annual Spring Meetings, in Washington, U.S., April 22, 2017
World Bank Group, China-led AIIB agree to deepen cooperation

A World Bank spokeswoman said the knowledge-sharing memorandum was similar to one that was in place during the AIIB's early development stages

24 Apr 2017

Protests leave IOC plant in Puthuvypeen in terminal state

The terminal and the import jetty are being established by the public sector undertaking  at a cost of Rs 740 crore.

24 Apr 2017

Bengaluru-based start-up Zippserv assesses the risks in property deals

Buying a property in a metropolis today inevitably comes with concerns about legal tangles.

24 Apr 2017

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