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Uber agrees to settle U.S. lawsuit filed by Indian rape victim in 2014

The Uber driver was convicted of the rape, which occurred in Delhi in 2014 and was sentenced in 2015 to life in prison.

09 Dec 2017

ArcelorMittal-SAIL to produce high-end automotive steel

The proposed joint venture between steel giants Steel Authority of India (SAIL) and ArcelorMittal to produce high-end automotive steel will be signed soon, Union steel minister Chaudhary Birender Sing

09 Dec 2017

Investors take to MF as traditional options dwindle

With traditional investment avenues such as real estate yet to recover fully from the impact of demonetisation and bank deposits not giving enough returns, more and more people are turning to mutual f

09 Dec 2017

SCHWING Stetter India to set up new plant in TN at Rs 100 cr

German concrete machinery manufacturer SCHWING Stetter has drawn up plans to expand its capacity by setting up a new facility in Tamil Nadu and widen its product portfolio.

09 Dec 2017

Export policy sops to see Ruchi Soya double capacity utilisation

FMCG major Ruchi Soya Industries said it was expecting improved capacity utilisation at its plants, driven by the sops announced during the mid-term review of the foreign trade policy.

09 Dec 2017

TCS tops wealth creation list

For the fifth time in a row, Tata Consultancy Services retained its top slot in Motilal Oswal’s 22nd Annual Wealth Creation Study, creating investor wealth worth Rs 2.5 lakh crore between 2012 and 201

09 Dec 2017

India to grow 7.5 per cent in 2018: Morgan Stanley

The recent plan to recapitalise Indian public-sector banks combined with the returning health of balance sheet fundamentals are set to be the primary drivers of the growth spurt.

09 Dec 2017

Sanjay Chandra, MD, Unitech (R) (File Photo | PTI)
NCLT allows government to appoint 10 directors on Unitech board

Bankruptcy court NCLT suspends eight directors of Unitech, allowing the government to appoint ten directors on the board.

09 Dec 2017

An IndiGo aircraft
IndiGo to launch Tirupati-Hyderabad flights from January 2018

Leading low-cost carrier, IndiGo on Friday announced that it is adding Tirupati on its network from January 7 with daily flights to Hyderabad and Bengaluru.​

09 Dec 2017

Raymond Group chairman Gautam Singhania (File | PTI)
Raymond Group chairman Gautam Singhania replaces Mallya in world motorsport body FIA

Gautam Singhania, a well-known industrialist and an equally popular figure on racing circuits, was one of the 14 members who were elected out of 22 nominees - he won by a handsome 82 votes.

08 Dec 2017

Union Minister Giriraj Singh | File Photo
Those who cannot see job creation must change spectacles: Giriraj Singh

Congress vice-president Rahul Gandhi had earlier said the BJP-led NDA government has failed to create jobs.

08 Dec 2017

A woman checks her mobile phone as she walks past a mobile store of Reliance Industries' Jio unit in Mumbai.(Photo | Reuters)
Jio to drive India to become full-grown 4G power in 2018: Report

India's current mobile data subscriber penetration stands at 40 percent which is expected to double to 80 percent by 2022.

08 Dec 2017

K T Rama Rao. (EPS | R Sathish Babu)
OYO opens tech development centre in Hyderabad

OYO today opened its new tech development centre here, which would grow to 300 engineers by next year-end.

08 Dec 2017

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HP to bring 3D printers to India in Q1 2018

Technology giant HP will introduce 3D printers in the Indian market in the first quarter of 2018.

08 Dec 2017

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Industrial, commercial power tariff likely to come down

Industrial and commercial consumers pay higher tariff because domestic, farm and other users get power at subsidised rates.

08 Dec 2017

Headquarters of Tata Consultancy Services (TCS) in Mumbai. (File |Reuters)
Top 100 companies create wealth worth Rs 38.9 lakh crore in last five years

According to the leading brokerage firm Motilal Oswal's 22nd Annual Wealth Creation Study, TCS retained its first rank for creating investor wealth worth nearly Rs 2.50 lakh crore from 2012 to 2017.

08 Dec 2017

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Sensex soars 301 points, reclaims 33,000-mark

Market benchmark Sensex surged 301 points to close at 33,250.30 today on unabated buying by domestic institutional investors amid positive global leads.

08 Dec 2017

Bitcoins are seen in this illustration picture. (Photo | Reuters)
Bitcoin plunges 15 percent in wild trading

Bitcoin plunged as much as 15 percent to below $14,500 on profit-taking Friday, capping a roller-coaster week that saw the currency hit a series of record highs and underlining concerns about its vola

08 Dec 2017

Bitcoin logo. (File photo | Reuters)
Bitcoin plummets after hitting record high in Japan

Bitcoin vale plummeted 12 per cent on Friday after hitting a record high of 2.4 million yen ($21,167) in the first hours of trading in Japan.

08 Dec 2017

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Kacheguda becomes India's 'first' energy-efficient railway station

Kacheguda railway station in Hyderabad division of the SCR has achieved 100 percent energy efficiency by replacing 1,312 conventional lights with LED lighting.

08 Dec 2017

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Tax revenues need to stabilise before relook at GST rates: Sushil Modi

GST Council member Sushil Kumar Modi today said he is in favour of letting the tax revenues stabilise before the panel considers merger or further rationalising of slabs.

08 Dec 2017