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t pointed that even after rising in the last three months, crude oil prices are mere half of $107 per barrel in May, 2014.Business
BJP fall, oil rise to hit markets

Global cues to factor more, says expert.

21 May 2018 1:12 AM IST

Sportswear major Adidas India said it will open up to 5 stadium inspired outlets in the country this year for its performance wear products.Business
Adidas to open 4-5 stadium inspired outlets in India this year

From year 2019 onwards all new stores opened by the company for performance wear products will be in this new format.

20 May 2018 4:34 PM IST

Rising input costs due to strengthening of the US dollar and increase in oil prices will make price hikes of consumer durable products inevitable from June, Godrej Appliances said.Business
Godrej may hike prices of fridge, washing machines by 2-3 per cent

The company expects a 20 per cent growth in refrigerators, led by new launches, and over 25 per cent growth in washing...

20 May 2018 4:17 PM IST

At present, Patanjali has 230 acres in non-SEZ and 60 acres within SEZ area of Mihan.Business
GST roadblocks hit Patanjali growth in FY 2018

The company has lined up product launches such as Divya Jal in packaged drinking water and baby diapers under its Shishu...

20 May 2018 2:37 PM IST

MTNL, in a bold move, has approached the government seeking allotment of 4G spectrum.Business
MTNL investing Rs 190 crore to upgrade services, says Manoj Sinha

The department of telecom is seriously considering to allot 4G spectrum to state-run Mahanagar Telephone Nigam.

20 May 2018 2:21 PM IST

Averting a trade war, China and the US on Sunday struck a deal under which Beijing will \significantly increase\ its purchases of American goods and services.Business
China, US avert trade war: Beijing agrees to import more from America

The two sides issued a joint statement early on Sunday vowing not to launch a trade war against each other.

20 May 2018 2:07 PM IST

Vodafone on Friday launched its SuperWeek plan that offers unlimited calling and 500 MB data at about Rs 69 with 7 days of validity. (Photo: PTI)Business
Arbitration panel to hear Vodafone tax challenge in Feb 2019

It has challenged the demand of Rs 7,990 crore in capital gains taxes under the treaty.

20 May 2018 12:36 PM IST

Clearing corporations providing services for commodity derivatives will have to ensure guarantee for settlement of trades including goods delivery, markets regulator Sebi has said.Business
Sebi to consider penal action against PNB, Gitanjali Gems

Sebi last week issued a warning letter to PNB for delaying disclosures to stock exchanges about the fraudulent...

20 May 2018 12:24 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.Business
Revenue dept to make businesses file GST returns within deadline

The due date for filing GST summary returns for a month is 20th day of the subsequent month.

20 May 2018 12:16 PM IST

The Cabinet on Wednesday relaxed rules for state-owned Coal India Ltd for extraction of natural gas.Business
Coal imports by power plants fall 22 per cent in April

The data shows that the coal imports came down by imported coal based power plants in April this year.

20 May 2018 12:04 PM IST

File image of a man counting cash at a petrol pump.Business
Petrol, diesel touch all time highs as oil companies hike rates

In India, petrol is the costliest in Mumbai where high local taxes has led a price of Rs 84.07 per litre.

20 May 2018 11:57 AM IST

UM Motorcycles, the joint venture between US-based UM International and Lohia Auto, plans to launch new models, including electric bikes.Business
UM Lohia plans to drive in new bikes and expand sales network

The new plant, with an installed capacity of 50,000 units per annum, would be operational by February next year.

20 May 2018 11:20 AM IST

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