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The Subhash Chandra-led Essel Group is diversifying into the cruise shipping segment and has drawn up plans to invest up to USD 2 billion in the business.Business
Subhash Chandra now wants to try his hands in cruise shipping

Essel Group's upcoming cruise business will be handled by a company called Zen Cruises Pvt Ltd.

2 Sept 2018 12:50 PM IST

Prime Minister Narendra Modi adderesses during the launch of India Post Payments Bank (IPPB), in New Delhi. (Photo: PTI)Business
Postmen to turn bankers with Modi's new payments bank

Modi has sought to end what he has called financial untouchability†by giving millions of people access to banking...

2 Sept 2018 12:42 PM IST

Tamil Nadu govt this week ordered the state Pollution Control Board to seal and \permanently\ close the Vedanta groups copper plant in Tuticorin.Business
Vedanta CEO sees firm emerging as one of world's largest resource...

The company has already demonstrated the potential in terms of the growth trajectory it has witnessed in past few years.

2 Sept 2018 12:29 PM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.Business
Wipro bags its biggest deal till date for USD 1.5 billion from Alight...

Wipro will provide a comprehensive suite of solutions and services to the Illinois-based Alight Solutions.

2 Sept 2018 12:14 PM IST

Representational picture of bullet trainBusiness
Bullet train project: Landowners to get stamp duty waiver on buying...

The decision was taken at a recent board meeting of the National High Speed Rail Corporation Limited.

2 Sept 2018 12:05 PM IST

The ropeway will ferry tourists from Neral to Matheran in 20 minutes. (Representational image.)Business
Mauritius plans to attract 1.2 lakh Indian tourists in 2020

A lot of newly-wed Indians choosing Mauritius as a honeymoon destination.

1 Sept 2018 5:53 PM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.Business
Markets gains for the sixth straight week, up 393.27 points

The Sensex garnered 1,980.70 points or 5.43 per cent during past five week sessions.

1 Sept 2018 3:40 PM IST

Gold bars worth Rs 1.67 croreBusiness
Gold maintains upward trend on global cues, jeweller-buying

Gold is trading at Rs 31,350 per 10 grams at the bullion market, extending its rising streak for the third straight day.

1 Sept 2018 2:56 PM IST

Mahindra MSTC Recycling Pvt Ltd, has a paid up capital of Rs 20 lakh and MIL has an initial subscription of Rs 10 lakh.Business
Mahindra sales up 14 per cent at 48,324 units in August

Exports also increased 14 per cent at 2,951 units in August against 2,592 units.

1 Sept 2018 2:08 PM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.Business
Maruti Suzuki sales dip 3.4 per cent to 1,58,189 units in August

The company had sold 1,63,701 units in August last year, Maruti Suzuki India (MSI) said in a statement.

1 Sept 2018 12:05 PM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.Business
SBI hikes benchmark lending rate by 0.2 per cent

State Bank of India has increased the lending rate by 20 basis points across all tenors up to three years.

1 Sept 2018 11:19 AM IST

The government aims to contain the fiscal deficit for FY18 to 3.2 per cent of the GDP, and 3 per cent in FY19.Business
GDP growth surges over 8 per cent, boost for Modi before election

Economic affairs secretary, told reporters the govt will stick to the fiscal deficit target of 3.3 pc of GDP this fiscal...

1 Sept 2018 10:55 AM IST

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