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Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.

TCS m-cap surges past Rs 7 lakh crore mark

Market valuation of TCS jumped to Rs 7,03,309 crore in intra-day session on the BSE.

25 May 2018 2:00 PM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Prabhu to raise visa, steel duty, WTO issues with USTR

India's exports of steel and aluminium products to America stood at about USD 1.5 billion every year.

25 May 2018 1:54 PM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

OPEC, non-OPEC discuss around 1 mn bpd oil output rise: sources

OPEC and non-OPEC ministers meet next in Vienna on June 22-23, and the final decision will be taken there.

25 May 2018 1:49 PM IST

Nirav Modi diverted Rs 4,299 cr to himself, family and firms: ED in...

The agency would soon file a second charge sheet against Modi's uncle and jeweller Mehul Choksi and his businesses.

25 May 2018 1:21 PM IST

State-owned Punjab National Bank (PNB) has hired lawyers to represent itself in the bankruptcy proceedings of the US-based Firestar Diamond.

PNB fraud: ED files charge sheet against Nirav Modi, associates

ED charge sheet focuses on money laundering aspect and role of Nirav Modi and others in perpetrating the alleged fraud.

25 May 2018 11:45 AM IST

The countrys oldest public sector financial institution IFCI proposes to further offload its stake in National Stock Exchange.

IFCI recovers Rs 280 cr from Bhushan Steel, allotted over 5.79 lakh...

IFCI said it has also been allotted 5,79,277 fully paid up equity shares of BSL having face value of Rs 2 per share.

25 May 2018 11:31 AM IST

The finance ministry on Friday said a 5 per cent GST will be levied on food and drinks supplied by the Indian Railways or IRCTC in trains, platforms or stations.

IRCTC partners with ixigo for hotel bookings

Railway travelers can now go to IRCTC hotels and compare budget and luxury hotels across prices.

25 May 2018 11:25 AM IST

India typically imports around 800 tonnes of gold every year. (Photo: PTI)

Gold futures slide 0.37 per cent on global cues

Gold is trading at Rs 31,356 per 10 grams in futures trade on Friday as speculators trimmed their positions.

25 May 2018 10:55 AM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Rupee strengthens 14 paise against US dollar

A higher opening in the domestic equity market supported the rupee.

25 May 2018 10:38 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex builds on gains, up 187 points in early trade

Sectoral indices led by IT, teck, power, realty, capital goods, banking and auto trading in positive zone.

25 May 2018 10:32 AM IST

We were new to business and learnt as we ran

We were new to business and learnt as we ran'

Redbus, the largest digital ticketing platform for bus services in India, made headlines not more than four years ago.

25 May 2018 2:06 AM IST

Heads of prominent oil manufacturing firms in the country such as HPCL, IOC and BPCL have agreed to the scheme and issued circulars to dealers about it.

States must absorb oil shock

Niti chief says states have capacity to reduce tax on petrol and diesel.

25 May 2018 1:53 AM IST