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Reuters file image used for representational purpose only.
Airtel-Tata deal beneficial but raises integration risk: S&P Global Ratings

Bharti Airtel's takeover of Tata Teleservices' consumer mobile business will bolster its subscriber and revenue market share.

16 Oct 2017

Wholesale inflation fell to 2.60 per cent in September as prices of food articles, led by vegetables, softened. (File | Reuters)
Wholesale inflation falls to 2.6 per cent in September as food items soften

Wholesale inflation fell to 2.60 per cent in September as prices of food articles, led by vegetables, softened.

16 Oct 2017

Bharat Financial shares gain over 4%; IndusInd Bank slips

IndusInd Bank on Saturday said it will acquire country's second largest microfinance player Bharat Financial Inclusion Ltd.

16 Oct 2017

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Reliance shares gain nearly two per cent after Q2 results

Shares of Reliance Industries Ltd today rose by nearly 2 per cent after the company reported a 12.5 per cent jump in the September quarter net profit.

16 Oct 2017

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Godrej Agrovet surges 37 percent on stock market debut

Godrej Agrovet stock jumped to as much as 630 rupees from its IPO price of 460 rupees after raising 11.6 billion rupees in the IPO that was subscribed over 95 times earlier this month.

16 Oct 2017

'Growth recovery in India's consumer sector likely in Quarter 2 of Financial Year 2018'

Growth in India's consumer sector is seemed to have recovered in the July-September quarter largely owing to increasing urban demand and the festive season.

16 Oct 2017

Sensex on the facade of the Bombay Stock Exchange building in Mumbai. (File photo | Reuters)
Sensex, Nifty touch record high

The 30-scrip Sensitive Index was trading 234.05 points or 0.72 per cent higher soon after opening.

16 Oct 2017

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Bharti Airtel, Millicom close deal to combine Ghana operations

Telecom operator Bharti Airtel and Millicom International Cellular today announced completion of a deal to combine their operations in Ghana.

16 Oct 2017

'Hunger' should be off our 21st-century agenda

Amidst all the brouhaha of Jay Shah’s business practices and high voltage politicking in the capital, comes the mind-numbing news that India’s hunger problem is more than serious; and that we have bee

16 Oct 2017

Government to step up pressure on benami properties

The government plans to step up pressure on those indentified with ‘benami’ property.

16 Oct 2017

Government to infuse Rs 10,000 crore in state-owned banks

In a sustained effort to help banks facing mounting non-performing assets of Rs 8 lakh crore, with the public-sector banks alone accounting for Rs 6 lakh crore, the finance ministry is likely to annou

16 Oct 2017

Union Finance Minister Arun Jaitley (File | Reuters)
Finance Minister Arun Jaitley flags risks to emerging economies

FM tells International Monetary Fund that job creation, global slowdown, US Fed action are key policy challenges

16 Oct 2017

Arun Jaitley | PTI
Jobs, slowing investment, US Fed hike policy challenges: Finance Minister Arun Jaitley

Jaitley also said the highest priority for the government is to create new jobs as millions of young people enter the workforce every year. 

15 Oct 2017

An Indian man lights firecrackers on the street during the New Year celebration in Mumbai, India, Friday, Jan. 1, 2016. | AP
Firecracker sale ban: CAIT asks government to compensate losses

Traders body CAIT today asked the government to compensate the losses of firecracker sellers here who have been forced to discontinue sale following the Supreme Court's order.

15 Oct 2017

Delhi Deputy CM Manish Sisodia (File | PTI)
Bring real estate under GST: Manish Sisodia writes to Finance Minister Arun Jaitley

In a letter to Jaitley, Sisodia said if real estate comes under the new indirect tax regime, exorbitant hike in land prices could be checked and the flow of black money curbed.

15 Oct 2017

An illuminated Parliament at midnight launch of 'Goods and Services Tax GST ' in New Delhi. (Photo | PTI)
Group of ministers on GST composition scheme holds first meeting

Within a week of being set up, the group of ministers (GoM) on making the GST composition scheme more attractive held its first meeting today.

15 Oct 2017

Representational Image. (File | Reuters)
Including consultancy under Construction PE to impact realty: PwC report

Inclusion of consultancy services under Construction PEs, foreign firms engaged in construction activities in the country, is likely to impact the real estate sector, says a PwC report.

15 Oct 2017

Solar Industries India Ltd missile assembly factory to be completed by January 2018

Industrial explosives maker Solar Industries India Ltd (SIIL) is developing a missile assembly facility in Maharashtra which is expected to be completed by January next year.

15 Oct 2017

For representational purposes (File | Reuters)
Mutual fund assets in North East rise 66 per cent during August

Mutual fund players' total assets under management (AUM) from the North East have grown 65.76 per cent in a year to Rs 14,454 crore as of August this year.

15 Oct 2017

Image for representational purpose only. (File photo | AP)
Coal Secretary Susheel Kumar blames power plants for low coal stocks

Asserting that there was no shortage of coal, the coal secretary said that pit headstock of Coal India as on October 10 was at 30.3 million tonnes (MT).

15 Oct 2017

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Gold import surges over two-fold to USD 16.95 billion in April-September

Gold import surged by more than two folds to USD 16.95 billion during the first half of 2017- 18, according to the commerce ministry data.

15 Oct 2017