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Adani Group on Wednesday announced foray into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the National Highways Authority of India (NHAI).Business
Adani group emerges as highest bidder to acquire Ruchi Soya

Patanjali Ayurved, the only other qualified player in the race, has bid for around Rs 5,700 crore.

12 Jun 2018 6:55 PM IST

The industrial growth measured by the Index of Industrial Production (IIP) for 2017-18 too decelerated to 4.3 per cent from 4.6 per cent in the previous fiscal. The IIP had grown by 4.4 per cent in March 2017.Business
Industrial growth rises by 4.9 per cent in April

Manufacturing sector, which constitute more than 77 per cent of the index, recorded a growth of 5.2 per cent in April.

12 Jun 2018 6:47 PM IST

Indias retail inflation cooled to a two-year low in November after demonetisation. (Photo: AP/File)Business
Retail inflation inches up to 4.87 pc in May on costlier food items

Food inflation rose to 3.10 per cent last month, as against 2.8 per cent in April.

12 Jun 2018 6:39 PM IST

Uber driverless car heads out for a test drive in San Francisco.(File Photo: AP)Business
Uber bets on local languages to drive growth in India

More than 70 per cent of Uber's users in India are estimated to be using either entry-level or phones with older...

12 Jun 2018 6:33 PM IST

Metro staff at the platform also finds it difficult to rein in regular commuters.Business
One in four Indians can take pay cut to travel less for work: report

The survey revealed that with the time saved from commuting, 36 per cent like to utilise it for exercising, health and...

12 Jun 2018 4:52 PM IST

For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.Business
Sensex climbs 209 points on global cues; macro data eyed

Sensex stayed in positive terrain throughout the session and hit a high of 35,743.08 before ending at 35,692.52.

12 Jun 2018 4:10 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)Business
RBI sets rupee reference rate at 67.4571 against dollar

The exchange rates for the pound and the yen against the rupee were 90.0620 and 61.10 per 100 yens, respectively.

12 Jun 2018 3:44 PM IST

DoT and the civil aviation ministry officials will meet within 10 days to discuss \operational details\ of in-flight connectivity, cleared recently by the Telecom Commission.Business
DoT, aviation ministry to meet on in-flight connectivity norms

DoT and the civil aviation ministry officials will meet within 10 days.

12 Jun 2018 3:33 PM IST

Earlier, as part of the know your customer requirement under the Prevention of Money-Laundering Act provisions, jewellers with a turnover of Rs 2 crore per annum were mandated to collect PAN card for any purchase above Rs 50,000. (Representational image)Business
Gold stays weak on global cues, low demand

Silver reclaimed the Rs 41,000-mark by spurting Rs 1,110 to Rs 41,560.

12 Jun 2018 3:23 PM IST

The latest amendment in the solar project bidding norms is positive for solar developers but uncertainty remains over the pending decision on safeguard duty, says a report by Icra.Business
Solar installations in India rise by 34 per cent in Q1

The cumulative solar installed capacity totalled 22.8 GW at the end of Q1 2018.

12 Jun 2018 3:15 PM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.Business
Bombay Stock Exchange, Ebix plan to launch insurance platform

It will allow distribution outlets, brokers, advisors and financial institutions to sell insurance products.

12 Jun 2018 3:08 PM IST

German luxury carmaker BMW expects 50 per cent of sales in India to come from SUVs under its X series, according to a top company official.Business
BMW India launches petrol variant of new X3 priced at Rs 56.9 lakh

The vehicle is locally produced at the group's Chennai plant, BMW India said in a statement.

12 Jun 2018 2:51 PM IST

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