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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

Lower opening in the domestic equity market put the rupee on the back foot.

Rupee rebounds from 18-month low, up 12 paise against dollar

Rupee is trading at 68.30 against dollar at forex market on fresh selling of US currency by exporters and banks.

24 May 2018 9:39 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Oil prices drop on potential increase in OPEC output

International benchmark Brent futures were down 27 cents, or 0.34 per cent, at $79.53 per barrel.

24 May 2018 9:26 AM IST

MobiKwik, on Tuesday announced its partnership with Microsoft for powering digital payment services.

MobiKwik launches UPI on platform, offers own VPA handle

MobiKwik is the first in the industry to offer UPI access to a huge base of three million merchants on its app.

24 May 2018 8:39 AM IST

The government on Wednesday said Indias prospects to become a top steel exporter depends on a range of factors, including competitiveness and demand, and will not be impacted by the trade barriers the US has put on imports.

India takes US steel tariffs complaint to the WTO

Trump imposed the tariffs in March, levying 25 per cent on steel imports and 10 per cent on aluminium.

24 May 2018 8:33 AM IST

If you wish to combine wealth creation with tax savings under Section 80C, buy an ELSS mutual fund.

Is Saving Twice Your Income By 35 Possible?

The idea that you should have saved 2x your income at 35, by 35, was recently posted on Twitter.

24 May 2018 2:10 AM IST