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China announced on Tuesday that it would cut tariffs on auto imports from July 1, the latest sign of a thaw in trade frictions with the United States.

China to cut auto tariffs on July 1 as trade tensions ease

The planned reduction in import duties from 25 percent to 15 percent is a boon for international automakers.

22 May 2018 3:17 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI posts Q4 net loss of Rs 7,718 crore on higher bad loans

The bank had reported a net profit of Rs 2,814.82 crore in the corresponding period of 2016-17.

22 May 2018 2:32 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold halts slide on jewellers' buying, global cues

The yellow metal had lost Rs 115 in the last two days.

22 May 2018 2:27 PM IST

Reliance Communications (RCom) on Friday said that it was in advanced talks with Ericsson to resolve commercial issues to exit the bankruptcy proceedings.

RCom moves NCLAT challenging order allowing plea for its insolvency

Ericsson had signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecom network.

22 May 2018 2:14 PM IST

Hyundai has not revealed any renderings of the interior of the car.

Hyundai to hike vehicle prices by up to 2 per cent from June

The increased prices will not be applicable to the newly launched 2018 edition of SUV Creta.

22 May 2018 1:16 PM IST

Vishal Sikka has resigned as CEO and MD of Infosys. (Photo: PTI)

Sikka got Rs 13 crore remuneration from Infosys for FY18

Vishal Sikka received Rs 16.01 cr in 2016-17, according to company's annual report for last fiscal, ended Mar 31.

22 May 2018 1:10 PM IST

Japanese entertainment giant Sony on Tuesday announced a deal to acquire the music publishing firm and record label EMI for a price of around USD 1.9 billion.

Sony to become world's No 1 music publisher

Sony will later on Tuesday unveil its latest strategic plan under new CEO Yoshida.

22 May 2018 12:44 PM IST

Cab aggregator Ola on Thursday said it will offer in-trip insurance cover to riders, who can avail the service by paying Re 1 for intra-city travel.

Ola expands to 3 Australian cities

The service has received a strong response from driver-partners with over 30,000 driver-partners registered...

22 May 2018 12:28 PM IST

Oil and Natural Gas Corp (ONGC) has become Indias first company to hold a meeting of its Board of Directors at high sea. (File Photo)

ONGC, OIL face risk of subsidy sharing, says Moody's

This subsidy sharing ended in June 2015 with global oil prices plummeting.

22 May 2018 12:02 PM IST

Jurors return to a Silicon Valley courtroom Monday to put a price on patented iPhone design features copied by Samsung in a legal case dating back seven years.

Apple-Samsung iPhone design copying case goes to jury

Apple is seeking slightly more than a billion dollars in damages, while Samsung wants a figure closer to USD 28 million.

22 May 2018 11:51 AM IST

The strongest labour market is anticipated in the north, where the net employment outlook stands at 32 per cent.

Companies project increased manpower strength in FY19: survey

The projected figure of recruitment of male and female candidates stood at 57.77 per cent and 42.23 per cent.

22 May 2018 11:08 AM IST

Origin of gold is one of the most intriguing mysteries for mankind since ancient times. (Photo: Pixabay)

Gold prices slip as investors eye riskier assets

US gold futures for June delivery were 0.1 per cent lower at $1,290.10 per ounce.

22 May 2018 10:30 AM IST