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Traders body CAIT demanded scrutiny of the proposed $12-billion Flipkart-Walmart deal.

Flipkart to expand e-grocery store in 5 to 6 Indian cities by year-end

It takes head-on players like Alibaba-backed BigBasket and SoftBank-funded Grofers as well as rival Amazon India.

9 Aug 2018 5:24 PM IST

The Cabinet Committee on Economic Affairs on Thursday gave its approval for continuation of Pradhan Mantri Gram Sadak Yojana (PMGSY) beyond the 12th five-year plan period.

Cabinet extends PM Gram Sadak Yojana beyond 12th five-year plan

The effort is towards boosting the rural road connectivity, Sitanshu Kar, Director General, PIB said in his tweet.

9 Aug 2018 5:07 PM IST

The MRF FF1600 class is becoming a four-driver contest involving Sandeep Kumar, Chetan Korada, Arya Singh and Ishaan Dodhiwala.

MRF Q1 net profit jumps over two-fold to Rs 261 crore

The company had reported a net profit of Rs 106.53 crore for the same period previous fiscal.

9 Aug 2018 4:16 PM IST

Karnataka BJP unit on Thursday urged the Centre to bring down the GST on pan masala to 5 per cent from the existing 18 per cent.

Reduce GST on pan masala to 5 per cent: Karnataka BJP urges Centre

Arecanut is used in making of pan masala, but the goods and services tax (GST) has been fixed higher at 18 per cent.

9 Aug 2018 4:09 PM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Sensex zooms 137 points, closes above 38,000-mark for first time

Nifty rose 20.70 points, or 0.18 per cent, to close at 11,470.70 -- surpassing its previous high of 11,450.

9 Aug 2018 4:04 PM IST

Whirlpool is also looking at expanding its manufacturing capacity its plants in the country.

Whirlpool Q1 net profit rises 23.41 per cent to Rs 163.79 crore

The company had posted a net profit of Rs 132.72 crore in the corresponding period last year.

9 Aug 2018 3:59 PM IST

Over 10 lakh offline merchants across India accept Paytm for payment including taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, and parking.

Paytm acquires Bengaluru-based Balance Technology

Paytm declined to comment on the deal size, the transaction is expected to be about USD 2 million as per industry...

9 Aug 2018 3:07 PM IST

The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) land was allotted by the state government to Vedanta Sterlite for the second copper smelting plant. (Photo: PTI)

NGT grants Vedanta conditional access to its copper smelter

The Tamil Nadu government ordered the permanent closure of the Thoothukudi plant and disconnected its power supply.

9 Aug 2018 2:40 PM IST

Under FATCA income tax department received data for calendar year 2016 from 39 countries covering nearly 1.2 lakhs persons. (Photo: ANI)

Only 0.35 pc of I-T returns filed last year to be scrutinised: CBDT

Sushil Chandra said that the department has faith on the income tax payers.

9 Aug 2018 2:21 PM IST

The company plans to launch the new Ciaz on August 20.

Maruti to open bookings for new Ciaz from tomorrow

The new Ciaz can be booked with an initial payment of Rs 11,000 at any of the 319 NEXA showrooms.

9 Aug 2018 2:17 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

PayPal, HDFC Bank partner to offer seamless payment experiences

This agreement will take effect immediately, with new experiences available to customers.

9 Aug 2018 2:13 PM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

HPCL digs in heels, says acting as per statute in not recognising ONGC...

ONGC seeking recognition as the promoter of the company post-acquisition of majority stake in HPCL.

9 Aug 2018 1:16 PM IST