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Tata Sons Monday said the NCLT order dismissing pleas of Cyrus Mistry vindicates that the group and its operating firms have always acted in a fair manner even as Mistry said he would challenge the ruling.

Tata Sons welcomes NCLT verdict, Cyrus Mistry to challenge ruling

Mistry's office described the ruling as "disappointing although not surprising".

9 July 2018 2:29 PM IST

The police seized the Mercedes, they are taking the help of the Regional Transport Office (RTO) to track down its owner and the driver. (Representational Image)

Martin Schwenk to be new Mercedes-Benz India MD and CEO

Folger has been instrumental in Mercedes-Benz regaining its leadership position in the Indian luxury car segment.

9 July 2018 1:36 PM IST

The bullet train is Prime Minister Narendra Modis dream project. (Photo: File pic)

Amid farmers' opposition Modi's bullet train faces Godrej's resistance

Godrej has approached the Bombay High Court against the proposed acquisition of its land.

9 July 2018 1:07 PM IST

Ousted Tata Sons chairman Cyrus Mistry

Cyrus Mistry to appeal against NCLT order

Under the Companies Act 2013, an order of NCLT can be challenged before the National Company Law Appellate Tribunal.

9 July 2018 12:54 PM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

I-T dept sells part of Cairn shares to recover retro tax

The income tax department had seized nearly 10 per cent of Cairn's shareholding.

9 July 2018 12:42 PM IST

Tata Motors is gearing up for Turnaround 2.0 to make its passenger vehicles (PV) financially self sustainable, buoyed by the success of its commercial vehicles (CV) in the last financial year, ended March 31.

Shares of Tata group cos see mixed trends after NCLT ruling

TCS fell over one per cent to Rs 1,890.30, while Tata Motors rose nearly two per cent to Rs 275.85 on the BSE.

9 July 2018 12:16 PM IST

The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

Petrol, diesel prices hiked for fifth consecutive day

In Mumbai, petrol prices have been hiked from Rs. 83.52 on Sunday, to Rs. 83.75 per litre on Monday.

9 July 2018 11:13 AM IST

Representational image of gold bars.

Gold futures gain 0.20 per cent on positive global cues

Gold is trading at Rs 30,622 per 10 grams in futures trade today as speculators built up fresh positions.

9 July 2018 10:59 AM IST

MF fund flows into equity slow down as investor focus shifts

FDs, small savings schemes more attractive now as interest rate rises.

9 July 2018 10:40 AM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Sensex rises over 200 points on firm Asian cues

The NSE Nifty recaptured the key 10,800-level by rising 68.35 points, or 0.63 per cent, to 10,841.00.

9 July 2018 10:21 AM IST

A USD 2 billion fraud at Indias Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the banks own internal probe has found.

PNB's big wilful defaulters' dues fall to Rs 15,354 crore in June

The total bad loan write-off by the public sector banks stood at over Rs 1.20 lakh crore in the last fiscal.

9 July 2018 10:15 AM IST

Higher opening in domestic stock market limited rupee losses. (Photo: PTI).

Rupee rises 30 paise against dollar in early trade

Rupee is trading at 68.57 against the US dollar in early trade today at the forex market.

9 July 2018 9:44 AM IST