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The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.

Idea, Vodafone pay Rs 7,249 cr under protest to DoT for merger

Idea Cellular and Vodafone have made payment under protest as demanded by the DoT for the merger.

24 July 2018 9:16 AM IST

Twenty-one banks, majority owned by New Delhi, account for more than two-thirds of the banking assets in Asias third-biggest economy.

Over 20 Indian banks sign pact for faster bad-loan resolution

Top lender State Bank of India was among banks which signed the agreement.

24 July 2018 9:10 AM IST

Alphabet shares slipped slightly in after-market trades that followed release of the earnings report.

Alphabet trounces profit estimates as Google reins in costs

Alphabet's $32.66 billion in second-quarter revenue, 86 per cent of which came from Google's advertising business.

24 July 2018 8:23 AM IST

President Donald Trump

China won't devalue yuan to boost exports

China has no intention to use means like the competitive devaluation of its currency to stimulate exports, he said.

24 July 2018 6:10 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Despite U.S. Pressure, Iran No. 2

State firms that buy oil from Iran include MRPL, Indian Oil and HPCL.

24 July 2018 5:59 AM IST

Bombay high court

Bombay High court pulls up FinMin over DRT

The court posted the petition for further hearing on July 25.

24 July 2018 5:55 AM IST

Union minister Piyush Goyal borrowed the phrase to hit back at the Congress chief for a tweet targeting him over corruption allegations. (Photo: File)

Banks ink pact for NPAs

Not a parallel system but within the framework of IBC, says Goyal.

24 July 2018 5:45 AM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

Consumer durables, FMCG stocks surge up to 10 pc on GST rate cut

The GST Council on Saturday cut tax rates on 88 items, including footwear, refrigerator, washing machine and small...

23 July 2018 6:29 PM IST

The BlackBerry KEY2 is built with a Series 7 aluminium frame and features a textured diamond grip back panel.

Eyes on privacy, Optiemus plans to line up more BlackBerry phones

The company is also designing its communication campaign to highlight the privacy features offered by BlackBerry phones.

23 July 2018 6:12 PM IST

Power firms across Europe, which previously depended on coal or gas-fired power plants, are having to adapt to the expanding use of renewable power sources and facing a profit squeeze as wholesale electricity prices have fallen.

Panel explores options for stressed power projects of Tata, Essar,...

The panel has informed the developers that the procurers will not be able to take care of past losses.

23 July 2018 6:00 PM IST

The iPhone 6s is based on the older dual-core A9 CPU, albeit with access to the latest iOS updates.

Apple making some iPhone models in Bengaluru: Govt informs Parliament

Details of private business decisions are not maintained by the Centre.

23 July 2018 5:48 PM IST

The countrys foreign exchange reserves hit a life-time high of USD 424.361 billion after rising by USD 1.828 billion in the week to March 30, helped by rise in foreign currency assets, the Reserve Bank said on Friday.

Defence industries attract a negligible USD 10,000 FDI in 2017-18

The government has put in place a liberal and transparent policy for FDI.

23 July 2018 5:37 PM IST