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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.

Tata Motors shares crack over 8 per cent after Q4 results

It had posted consolidated net profit of Rs 4,336.43 crore in the corresponding period of last fiscal, Tata Motors said...

24 May 2018 1:59 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways shares hit 52-week low on weak earnings

The total income also declined by 3.44 per cent to Rs 6,055 crore during the quarter.

24 May 2018 1:48 PM IST

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).

Adani Group to provide customised solutions to entrepreneurs

The move comes amid widespread caution among public sector banks over the recent spate of towering bad loans.

24 May 2018 1:40 PM IST

File image of a man counting cash at a petrol pump.

Windfall oil tax on ONGC in offing to soften fuel prices

The Centre levies Rs 19.48 as excise duty on a litre of petrol and Rs 15.33 on diesel.

24 May 2018 1:14 PM IST

The 10 per cent stake was split between OVL, IOC and BRPL in 40:30:30 ratio.

OVL FY18 net profit up 29 per cent on higher oil production

Consolidated net profit in 2017-18 fiscal at Rs 981 crore was 29.6 per cent higher than Rs 757 crore.

24 May 2018 12:53 PM IST

Uber driverless car heads out for a test drive in San Francisco.(File Photo: AP)

Uber trims losses and grows business, plans new stock sale

Uber cut its losses almost in half and its ride bookings jumped 51 per cent since one year ago.

24 May 2018 12:53 PM IST

Total income for the quarter under review went up by 6.99 per cent to Rs 990.48 crore, as against Rs 925.75 crore.

City Union Bank posts 18 pc rise in net profit at Rs 152.12 crore

Shares of the bank were trading Rs 181.90 apiece, down 1.17 per cent, on BSE.

24 May 2018 12:45 PM IST

Committee of Creditors had approved the Rs 32,500 crore deal along with 12.27 per cent equity in the company offered by Tata Steel.

Bhushan Steel seeks 90 days extension to file Q4, FY18 results

Tata Steel, which won the bid for Bhushan Steel Ltd (BSL), completed the acquisition of controlling stake of 72.65 per...

24 May 2018 12:25 PM IST

Wheat import duty was raised to 10 per cent to curb shipments. (Photo: PTI)

Govt hikes customs duty on wheat to 30 pc to curb cheaper imports

Government's third advance estimate has pegged wheat output at a record 98.61 million tonnes for the 2017-18 crop year.

24 May 2018 12:04 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold futures up 0.20 per cent on global cues

Rupee is trading at Rs 31,245 per 10 grams in futures trading as speculators expanded their bets.

24 May 2018 11:14 AM IST

Revenue rose 11 per cent to $10.6 billion, bringing its full year revenue to a 3-year high of $45 billion.

China's Lenovo swings to biggest loss in almost a decade

Lenovo's total loss for the year ending in March was $189 million, down from a profit of $535 million a year ago.

24 May 2018 10:24 AM IST

Bombay Stock Exchnage

Sensex recoups 153 points on global cues

The NSE Nifty moved up by 38.15 points, or 0.36 per cent, to 10,468.50.

24 May 2018 10:03 AM IST