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Nifty, Sensex touch new record high driven by qtrly earnings, WPI data

Buoyant market sentiment drove both BSE Sensex and NSE Nifty, which touched an all-time high on Monday as investor optimism rose following encouraging comments from IMF, robust quarterl

17 Oct 2017

Image used for representational purpose only. (File photo | Reuters)
WPI Inflation down at 2.6 per cent; Industries seek rate cut from RBI

Food and fuel inflation fall in September has helped cool the wholesale inflation, which grew by only 2.6% in September as against 3.24% in August this year.

17 Oct 2017

Niti Aayog
NITI Aayog sees a case for fiscal stimulus

 With the economic downturn dominating airwaves over the last few weeks, the government policy think-tank’s vice-chairman Rajiv Kumar pitched for a fiscal stimulus.

17 Oct 2017

ADIA invests $1 bn in NIIF Master Fund

Abu Dhabi Investment Authority (ADIA) has made an investment of $1 billion in National Investment and Infrastructure Fund (NIIF) Master Fund.

17 Oct 2017

Image for representational purpose only. (File photo | Reuters)
US Supreme Court to hear federal case against Microsoft on digital privacy

The US Supreme Court announced Monday it will hear a landmark privacy case which sees the Trump administration up against computing giant Microsoft.

16 Oct 2017

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Mercedes says recalls 400,000 UK cars on airbag fault

Mercedes-Benz is recalling 400,000 UK cars owing to a fault that may deploy an airbag by error, the company said on Monday.

16 Oct 2017

Harvey Weinstein (Photo | AP)
Weinstein Company enters talks with equity firm Colony Capital over potential sale

The Weinstein Company has entered talks for a sale of the bulk of its assets with private equity firm Colony Capital, the two companies said in a statement on Monday.

16 Oct 2017

Headquarters of Tata Consultancy Services (TCS) in Mumbai. (File |Reuters)
Women representation in India Inc up five per cent this year: Study

Tata Consultancy Services, Accenture Solutions, Deloitte in India, Procter & Gamble, IBM India are some of the corporates which figure on the list of top 10 best companies for women in India.

16 Oct 2017

Tejas light combat aircraft. | File Photo
Thales offers HAL radar for Indian Airforce's Tejas aircraft

The French defence firm said the radar meets the specific needs of HAL to equip the 80 Tejas Mk1A multi-role aircraft operated by the Indian Air Force.

16 Oct 2017

The Bharti Airtel office building in Gurugram on the outskirts of New Delhi. (Photo | Reuters)
Airtel Payments Bank customers can now make secure payments

Airtel Payments Bank today said its customers can now make secure and convenient digital payments for fuel purchase at 1,500 HPCL fuel stations across Andhra Pradesh and Telangana.

16 Oct 2017

Reuters file image used for representational purpose only.
Airtel shares continue to move up, jump over five per cent

The stock advanced by 4.96 per cent to settle at Rs 453 on BSE. During the day, it jumped 5.97 per cent to Rs 457.40 -- its 52-week high.

16 Oct 2017

Akshay Ruparelia. (Photo | Twitter)
Indian-origin teenager Akshay Ruparelia becomes UK’s youngest millionaire with e-real estate agency doorsteps.co.uk

By Aditi Khanna London, Oct 16 (PTI) An Indian-origin teenager has become one of Britain's youngest millionaires after his online estate agency bus...

16 Oct 2017

File Photo of an Air India Flight. | Reuters
Domestic buyer preferred for Air India: Government source

Earlier this year the government said it would sell its stake in the loss-making airline but it has yet to decide what to do with the carrier's debt burden of $8.5 billion.

16 Oct 2017

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Online shopping, e-gifts to light up Diwali this year: SwiftKey study

An increasing number of Indians are turning to their smartphones for Diwali shopping and sending money and gifts to loved ones this festive season, a study by SwiftKey said.

16 Oct 2017

Reliance Industries. (File photo | Reuters)
Reliance Industries shares give up early gains, end flat

Shares of Reliance Industries today surrendered early gains to end flat despite the company posting a 12.5 per cent jump in its September quarter profit.

16 Oct 2017

NRI industrialist Lord Swraj Paul (Twitter/Ramesh Vinayak)
NRI industrialist Lord Swraj Paul honoured for contributions to manufacturing, education

It said Paul was the first person of Indian origin to hold the post of Deputy Speaker of the House of Lords, a position he held from 2008 to 2010.

16 Oct 2017

Micromax logo ( Image courtesy Twitter@Micromax_Mobile)
Micromax to foray into home appliance segments, invest Rs 300 crore on manufacturing

Micromax will foray into segments such as washing machine, refrigerator and microwave, as it plans to be a complete consumer electronics maker, a top company official said.

16 Oct 2017

A police officer stands guard in front of the Reserve Bank of India (RBI) head office in Mumbai, India. (File photo | Reuters)
66 Currency Verification and Processing machines being used for counting demonetised notes: RBI

A global tender has been floated for the procurement of new CVPS machines, the central bank said in reply to an RTI query on details of such machines being used for counting demonetised notes.

16 Oct 2017

Cox and Kings-owned Meininger to open 162-room hotel in France's Bordeaux

Tours and travel firm Cox & Kings today said its group company Meininger Hotels has inked a pact to open a new 162-room hotel in Bordeaux in France.

16 Oct 2017

A man walks past a Reliance Industries Limited sign board installed on a road divider in Gandhinagar. (File photo | Reuters)
Reliance's Nippon AMC to create Rs 165 crore war chest for acquisition

Ambani-led Reliance Group firms IPO will be the first by an asset management company (AMC) in India though smaller rival UTI Mutual Funds offer plans have also been in the works for a long time.

16 Oct 2017

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Sensex, Nifty touch fresh record highs on IMF booster

The BSE Sensex rose by 200.95 points to close at an all-time high of 32,633.64 as investor optimism climbed following encouraging comments from the IMF chief.

16 Oct 2017