Business News

Editor's Pick

Market at new closing highs, Nifty ends above 9,600

Opening weak, the 30-share Sensex slid below the 31,000 -mark on a string of weak quarterly earnings and hit a low of 30,869.90, but quickly bounced to yet another lifetime high of 31,214.39.

published : 29 May 2017

US backs call for fight against protectionism in G7 communique: Source

Trump has previously endorsed protectionist measures, saying the United States was suffering due to unfair trade practices from some of its main Western allies as well as China.

published : 27 May 2017

Natural gas production no longer profitable business: ONGC

Cost of production is significantly higher than the current government-mandated gas price, the company said.

published : 27 May 2017

Honda to focus on mass market to drive growth

Honda Cars India (HCIL) president and CEO Yoichiro Ueno on Friday expressed confidence about strong growth in FY18, riding on the encouraging response for Honda WR-V and Honda City models.

published : 27 May 2017

Government tells telecom players to cut prices, pass benefits to users

The finance ministry on Friday asked telecom companies to rejig costs and lower prices to pass on the benefits of tax rate reduction under GST to customers from July.

published : 27 May 2017

Five bankers selected for Indian Oil stake sale

Five merchant bankers, including Goldman Sachs and Citigroup, have been selected to manage the government’s three per cent stake sale in

published : 27 May 2017

London woos 20 Indian start-ups to set up biz

As many as 20 start-ups across India have been shortlisted for assistance to set up their businesses in London, as part of the India Emerging 20 programme hosted by London Mayor’s initiative London &

published : 27 May 2017

ITC Q4 net profit rises 12% to Rs 2,669 crore

Cigarettes and consumer goods maker ITC Ltd on Friday said its March quarter net profit rose 12.13 per cent to Rs 2,669.47 crore driven by revenue growth in agri commodities, branded packaged foods an

published : 27 May 2017

India not yet ready for electric cars: Honda Cars India CEO

A lack of necessary infrastructure and the question of affordability may hamper the growth of electric cars in India.

published : 26 May 2017

Investor wealth surges over Rs 50 lakh crore in three years

The BSE benchmark index has risen 25.53 per cent since the BJP-led NDA government came to power in 2014.

published : 26 May 2017

US first-quarter GDP growth revised up sharply to 1.2 per cent

Analysts had been expecting a revision of only a tenth of a point.

published : 26 May 2017

ONGC reports 6 per cent fall in fourth-quarter net profit

Total income of 262.34 billion rupees was up almost 30 per cent on higher crude oil prices.

published : 26 May 2017

No royalty holiday for Adani's coal mine in Australia

On May 22, Adani deferred a final investment decision on its much-delayed Carmichael coal mine project after the Queensland government failed to decide on royalties.

published : 26 May 2017

Tata Chemicals Q4 net profit up 32 per cent at Rs 343 crore

The board has recommended a dividend of Rs 11 per ordinary share of Rs 10 each for the 2016-17 fiscal.

published : 26 May 2017

ITC Q4 net profit up 12 per cent to Rs 2,669.47 crore

ITC's net sales during the period was up 6.15 per cent to Rs 15,008.82 crore.

published : 26 May 2017