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Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)Business
Gold slumps by Rs 430 on muted demand, weak global cues

Silver followed suit and lost Rs 250 to Rs 40,650 per kg due to reduced offtake by industrial units and coin makers.

16 May 2018 3:03 PM IST

Diversified ITC Ltd on Wednesday reported a 9.86 per cent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.Business
ITC Q4 net profit up 9.8 per cent to Rs 2,933 crore

The board has also recommended a dividend of Rs 5.15 per ordinary share of Re 1 each for 2017-18.

16 May 2018 2:48 PM IST

The booking for the second generation Amaze can be made at all authorised dealerships of the company.Business
Honda to launch 6 models in 3 years; drives in new Amaze

Company on Wednesday launched the all new version of its compact sedan Amaze, priced between Rs 5.6 lakh and Rs 9 lakh.

16 May 2018 2:35 PM IST

The RBI move comes at a time when banks already battling near-record levels of soured loans are staring at an increase in stressed assets after a rule change announced in February.Business
India's small businesses find credit in short supply after mega-fraud

It is also a segment that contributes almost 38 per cent of India's gross domestic product.

16 May 2018 2:30 PM IST

Several investment-linked sectors such as real estate and capital goods continue to face headwinds. (Representational image)Business
April sees 23 per cent jump in venture investments at USD 2.4 bn

On the high-value investments, there were eight deals of value greater than USD 100 million in April 2018.

16 May 2018 2:24 PM IST

This file photo shows the logo of Twitter. (Photo credit: PIxabay)Business
Twitter sees over 3 million mentions of Karnataka elections

A tweet by Rahul Gandhi addressing Prime Minister Narendra Modi saw the highest number of re-tweets.

16 May 2018 1:59 PM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.Business
Cryptocurrency industry facing tough phase in India, says expert

RBI notification is one among many reasons for this tough phase in MTCX.

16 May 2018 1:44 PM IST

The 2 drones scanned the open drain in Mahul village.Business
Govt to shortly come out with drone policy, says Sinha

Aviation regulator DGCA had in October 2014 restricted the use of drones and unmanned aircraft system by civilians.

16 May 2018 1:35 PM IST

RCom was expecting a significant debt reduction post completion of merger with Aircel. (Photo: File)Business
RCom shares dive 20.5 per cent on NCLT move

Weakness was also seen in other group stocks, with Reliance Naval and Engineering trading lower by 6.23 per cent.

16 May 2018 1:28 PM IST

S S Ahluwalia on Wednesday said it is important that workplaces enable digital and paperless systems to help provide a carbon-free society to coming generations.Business
Ahluwalia takes charge as MoS for electronics and IT

Ahluwalia was earlier serving as MoS for Drinking Water and Sanitation.

16 May 2018 1:28 PM IST

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.Business
P-note investments dip to 9-year low of Rs 1 lakh crore

Sebi notified stricter norms stipulating a fee of USD 1,000 on each instrument to check any misuse for channelising...

16 May 2018 1:05 PM IST

The ongoing Binani Cement insolvency case has taken a new twist with the operational creditors (OCs) of the debt-ridden firm terming the Dalmia Bharat offer for their outstanding dues as \pittance\ and rejecting it outright, vowing to fight \tooth-and-nail\.Business
Binani Industries offers to pay 100 pc claims of debtors

Counsel appearing for Binani Industries said the settling of the creditors' claims will bring the company out of...

16 May 2018 12:58 PM IST

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