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This file photo shows the Amazon logo. Amazon said that it has more than 100 million paid Prime members, the first time the company has given out a specific number on its paid subscriber base. (AP Photo/Reed Saxon, File)Business
Amazon posts quarterly profit of $2billion; shares rally

Of the 48 analysts covering the stock, 46 have a buy rating, while only 2 rated it hold .

28 July 2018 6:02 AM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.Business
Banks unwilling to take haircuts for realty

The Bloomberg report also claims that an oversupply of land parcels in the market is weighing down on pricing a gainful...

28 July 2018 5:57 AM IST

Union Minister Arun Jaitley said that Congress had no real issue and was hence resorting to manufacturing. (Photo: File)Business
28 per cent GST only for luxury goods

Referring to services sector, he said 68 different categories of services have witnessed their rate reduction.

28 July 2018 5:46 AM IST

On a weekly basis, the Sensex rallied 358.06 points, or 1.28 per cent, and the Nifty 99.70 points, or 1.15 per cent.Business
Sensex scales 37,000 mountain

It has taken the Sensex six months (January 23-July 27) to advance to the 37,000-level from 36,000.

28 July 2018 5:40 AM IST

The FIEO said that the move would help promote overseas shipments of products such as jewellery through courier and post.Business
Export goods worth Rs 5 lakh via courier

The FIEO said that the move would help promote overseas shipments of products such as jewellery through courier and...

28 July 2018 5:32 AM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)Business
Reliance Jio Q1 net profit up 20 per cent to Rs 612 crore

Jio continues on its path to drive digital revolution in India, said Mukesh Ambani.

27 July 2018 7:52 PM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)Business
Reliance reports record quarterly net profit of Rs 9,459 crore in Q1

Reliance said pre-tax profit from petrochemical business was up 94.9 per cent to Rs 7,857 crore.

27 July 2018 7:45 PM IST

Diversified ITC Ltd on Wednesday reported a 9.86 per cent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.Business
ITC becomes India's 4th most valued firm in market capitalisation

TCS is the country's most valued firm with a market cap of Rs 7,43,930.44 crore.

27 July 2018 5:49 PM IST

Rising input costs due to strengthening of the US dollar and increase in oil prices will make price hikes of consumer durable products inevitable from June, Godrej Appliances said.Business
Godrej Appliances slashes prices by 10 pc after GST rate cut

These products were earlier placed under the 28 per cent tax slab, which was recently reduced to 18 per cent.

27 July 2018 5:15 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)Business
Working with authorities to restart Tuticorin plant, says Vedanta

In April, the Tamil Nadu pollution control board rejected Sterlite's plea to renew the Consent To Operate.

27 July 2018 4:58 PM IST

Bombay Stock ExchangeBusiness
Sensex ends above 37,000-level for first time; Nifty tops 11,250

The 30-share Sensex added 352.21 points, or 0.95 per cent, to hit a new peak of 37,336.85.

27 July 2018 3:59 PM IST

Union finance ministry Arun JaitleyBusiness
Household items had 'Congress Legacy Tax' of 31 pc before GST: Jaitley

The past one year, he added, has seen rate reduction in 384 commodities.

27 July 2018 3:52 PM IST

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