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Swedish home furnishings major IKEA opens first India store

Company plans to hire 15,000 in the coming years as it expands operations in India.

9 Aug 2018 10:45 AM IST

The continuous growth numbers are a sign of Yamahas robust business plan and strategic customer engagement programs.

Mazda, Suzuki, Yamaha Motor carried out improper testing

Mazda and Suzuki confirmed they submitted reports regarding improper testing to the ministry.

9 Aug 2018 10:24 AM 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 hits 38,000 for first time, Nifty tops 11,495 mark

The 30-share Sensex climbed 162.56 points, or 0.42 per cent, to 38,050,12 in early trade

9 Aug 2018 10:14 AM IST

A weak dollar in overseas markets and selling of the US currency by exporters and banks supported the rupee.

Rupee gains 18 paise against dollar in opening trade

Rupee is trading at 68.45 against US dollar on continued selling of the American currency by exporters.

9 Aug 2018 9:36 AM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

IMF forecasts India's GDP to grow at 7.5 per cent in 2019-20

Current account deficit is projected to widen further to 2.6 pc of GDP on rising oil prices and strong demand for...

9 Aug 2018 9:29 AM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Plans afoot to sell 2 Air India subsidiaries

Airline's ground-handling & engineering units may be put on block.

9 Aug 2018 8:57 AM IST

The stock markets will be steered by RBI policy, macroeconomic data points and global trends this week, say experts.

Reserve Bank to pay Rs 50,000 crore dividend to govt for FY18

The RBI made a dividend payout of Rs 30,659 crore for the financial year ended June 2017.

9 Aug 2018 8:51 AM IST

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

CCI clears Walmart's USD 16 billion acquisition of Flipkart

Walmart-Flipkart combination would create unfair competition and drive local convenience stores out of business.

9 Aug 2018 8:30 AM IST

Swedish home furnishings major IKEA will also have an online channel for its customers. (Photo: AFP)

Ikea bets India to be one of top sourcing nations

Despite the long history, India, which supplies almost a fifth of Ikea's global goods, lags behind China, Poland and...

9 Aug 2018 6:35 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

IMF suggests RBI to tighten policy further

IMF underlined that high foreign reserve buffers and strong FDI inflows have helped contain external vulnerabilities.

9 Aug 2018 6:28 AM IST

Punjab National Bank today said money of customers is safe and asserted that there would be zero tolerance towards unethical practices.

PNB in talks with I-T, excise departments to sell erstwhile...

The lender expects to raise nearly Rs 700-800 crore from the sale of its earlier head office in the national capital.

8 Aug 2018 7:32 PM IST

As per estimates, only 5 per cent Indians use digital payment modes.

Digital payment transactions rose to over 2,070 cr in 2017-18:...

Digital Payment transaction targets have been allocated to public and private sector banks for 2018-19.

8 Aug 2018 6:46 PM IST