Home » Business

Business - Page 1236

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal Q1 net profit up 19 per cent at USD 1.2 billion

The firm, led by billionaire Lakshmi N Mittal, also saw its net debt decrease to USD 11.1 billion.

11 May 2018 2:31 PM IST

Inflation in onion continued to rule high at 42.22 per cent and in potato at 43.25 per cent.

Retail inflation seen climbing on higher oil prices: reports

April will be the sixth straight month of inflation above the RBI's 4 per cent medium-term target.

11 May 2018 2:21 PM IST

The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. Photo: PTI

Gold eases on firmer dollar, eyes first weekly gain in four

Gold prices slipped in range-bound trading on Friday as the dollar firmed slightly.

11 May 2018 2:04 PM IST

Tata Motors-owned Jaguar Land Rover on Tuesday said it plans to bring 10 new products in India in 2018-19, riding high on 83 per cent jump in sales in the last fiscal.

Tata Motors global sales up 39 per cent in April

The company had sold a total of 73,691 units in the same month last year.

11 May 2018 1:50 PM IST

Flipkart had hired about 10,000 temporary staffers, mostly in logistics, ahead of festive sales

SoftBank undecided on exiting Flipkart

SoftBank's Masayoshi Son will take a call in the next 7-10 days on whether to exit India's biggest online retailer or...

11 May 2018 12:13 PM IST

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