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$Moodys Investors Service on Monday termed mining giant Vedantas acquisition of bankrupt Electrosteel Steels through insolvency process as \credit positive\, saying the move would augment the formers business profile and revenue generation.$ Business

CCI approves acquisition of Electrosteel Steels by Vedanta

The statement follows NCLT last month approving the resolution plan submitted by Vedanta Ltd for Electrosteel Steels.

14 May 2018 6:40 PM IST

Uber Eats, a mobile app, was launched in the city on Wednesday enabling the gourmet to order food from 250 favourite eating joints on the click of a button.

Uber Eats bets big on India, sees a 50 pc MoM growth

Uber Eats, the on-demand food delivery app from Uber has completed its first successful year of operations in India.

14 May 2018 6:19 PM IST

Reliance Infrastructure a subsidiary of Anil Ambanis Reliance Group. (Photo: File/PTI)

Reliance Naval shares slump nearly 14 pc, Vijaya Bank tags as NPA

The stock dived 13.43 per cent to end at Rs 14.50 on BSE.

14 May 2018 6:08 PM IST

Oil and gas is major contributor to countrys energy needs.

Dharmendra Pradhan unveils DSF-II bid round

DSF Round-I was a success which has given "immense confidence on the upcoming discoveries under DSF-II".

14 May 2018 6:00 PM IST

Hindustan Unilever Limited or HUL is a fast moving consumer goods company.

HUL Q4 net profit rises 14 per cent to Rs 1,351 crore

The company had posted a net profit of Rs 1,183 crore in January-March period a year ago.

14 May 2018 5:46 PM IST

The pensioners post is heartmelting (Photo: AFP)

No selfies please, this is a pension form, govt tells retiring...

There are about 48.41 lakh central government employees and 61.17 lakh pensioners.

14 May 2018 5:36 PM IST

They could also be settling for the USB Type-C port in the same way Google adopted it for their second generation Pixel smartphones. (Representative Image)

India smartphone shipment grows 11 pc in Q1 to 30 mn units: IDC

However, the smartphone market remained almost flat compared to the previous quarter, it added.

14 May 2018 4:27 PM IST

South Indian Bank on Monday reported a jump of 51 per cent in net profit at Rs 114.10 crore for March quarter.

South Indian Bank Q4 net profit jumps 51 pc at Rs 114 crore

The bank's net profit during January-March, 2016-17 stood at Rs 75.54 crore.

14 May 2018 4:13 PM IST

Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Sensex ends flat ahead of Karnataka poll results

BSE Sensex, after a better start at 35,555.83, advanced to hit a high of 35,642.72 amid positive cues from other Asian...

14 May 2018 4:12 PM IST

The Resident Welfare Association of Essel Towers, a housing society on MG Road in Gurugram, has denied the supporting prostituttion accusation. (Photo: Facebook)

Housing sales up 25 per cent during April in top 7 cities: ANAROCK

Housing sales increased by 25 per cent in the country's seven major cities in April to 1,726 units.

14 May 2018 4:03 PM IST

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

India's fuel demand up 4.4 per cent in April

The rise was led by a 9.2 per cent surge in petrol sales at 2.28 million tonnes.

14 May 2018 3:54 PM IST

All-new Titanium S variant of the EcoSport has been spotted at a dealership in Kerala.

Ford India expands EcoSport portfolio

Addition of sunroof and EcoBoost engine technology, is an example of the company's commitment.

14 May 2018 3:48 PM IST