Home » Business

Business - Page 1236

Union Bank of India Ltd reported on Thursday a 25.83 billion-rupee net loss for its fourth quarter.

Union Bank of India sees improvement after USD 384 million loss

Twenty one banks majority owned by New Delhi account for bulk of India's bad loans.

11 May 2018 12:04 PM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Telecom stocks fall after Reliance Jio unveils new post-paid plan

Airtel and Idea are expected to launch new plans in response to Jio's offer.

11 May 2018 11:54 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex climbs 134 points ahead of macro data

The 30-share index went up 133.60 points, or 0.38 per cent, to 35,379.87.

11 May 2018 10:12 AM IST

ndia has the highest number of millennial population, and given the increasing access to smartphones and internet, consumer behaviour is fast changing.

India likely to opt for premium goods

People in India are increasingly looking to switch to better products such as inverter air conditioners (AC).

11 May 2018 6:27 AM IST

Flipkart Executive Chairman Sachin Bansal

Sachin Bansal bids farewell; to focus on games, coding

In a Facebook post, Sachin said his work at Flipkart is done and it's time to hand over the baton and move on.

11 May 2018 6:18 AM IST

Traders body CAIT demanded scrutiny of the proposed $12-billion Flipkart-Walmart deal.

Flipkart deal is positive: Niti VC

He also said that the deal is as per India's foreign direct investment (FDI) norms.

11 May 2018 6:07 AM IST

It is pretty clear that this (deal) is good for customers and would create jobs and help society, he said at a select media roundtable.

Walmart hopeful about CCI's nod

Local sourcing to help economy: CEO.

11 May 2018 6:00 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex drops 73 points on profit-booking

NSE Nifty moved between 10,705 and 10,785.55, before ending 25.15 points, or 0.23 per cent down at 10,716.55.

10 May 2018 4:16 PM IST

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.

Indian Bank Q4 profit slumps 59 pc to Rs 132 cr on higher NPAs

The bank had reported a profit of Rs 319.70 crore in the same period of 2016-17.

10 May 2018 4:11 PM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Prabhu to discuss credit woes of jewellery sector with bankers

The country's gems and jewellery exports contracted by 8 per cent to about USD 32.72 billion in 2017-18.

10 May 2018 3:52 PM IST

Walmart will invest Rs 900 crore to open 15 outlets catering to wholesalers in Maharashtra.

Walmart to open 50 new stores in India in 4-5 years

Walmart is buying 77 per cent of Flipkart from existing shareholders, including Japan's SoftBank.

10 May 2018 1:22 PM IST

The countrys largest car maker Maruti Suzuki India (MSI) today reported a 14.9 per cent increase in total sales at 1,60,598 units in March as against 1,39,763 units in the year-ago month.

Japan's Suzuki Motor sees 9.1 per cent profit slide

Suzuki and bigger rivals including Toyota Motor Corp and Honda Motor Co Ltd see a slide due to a stronger yen.

10 May 2018 1:11 PM IST