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In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

Smaller towns see higher growth in MF investors

This according to fund managers suggests that a higher proportion of investors from smaller cities prefer equity to...

7 May 2018 12:38 AM IST

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

Scrutinise Walmart deal: CAIT

The Flipkart buy may be one of the largest deals in the retail sector and by far, the biggest in the country's booming...

7 May 2018 12:37 AM IST

Online travel agency MakeMyTrip and e-commerce giant Flipkart have tied up for online bookings of hotels and flights.

CAIT demands scrutiny of proposed Flipkart-Walmart deal

It will promote loss funding and predatory pricing in e-commerce sector.

6 May 2018 7:02 PM IST

The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

India Inc invests over USD 4 billion in South Africa

As many as 140 Indian companies with operations in South Africa have invested more than USD 4 billion and created 18,000...

6 May 2018 4:19 PM IST

A SpiceJet flight slid off the runway during landing at Mumbais international airport on September 19.

Jet Airways, IndiGo stocks tumble up to 20 per cent in 3 days

Stocks of airlines have hit some air pockets, slumping up to 20 per cent in just three trading sessions.

6 May 2018 3:34 PM IST

Five Indian women led by ICICI Bank CEO and MD Chanda Kochhar and including Bollywood star Priyanka Chopra, have featured on the list of the worlds 100 most powerful women compiled by Forbes. (Photo: PTI)

ICICI Bank board to meet on Monday, CEO loan issue may come up

There are series of allegations of impropriety in ICICI Bank extending loans to some companies and enjoying reciprocal...

6 May 2018 2:53 PM IST

Mercedes-Benz has launched a special edition of the GLS SUV in India.

Favourable tax structure required to launch EVs in India: Mercedes

The fully imported completely built units (CBU) of EVs should be treated at par in terms of taxation.

6 May 2018 2:20 PM IST

BookMyForex.com is worlds first and largest marketplace for currency exchange and private remittances. (Photo: AFP)

FPI outflow hits 16-month high at Rs 15,500 crore in April

FPIs had pulled out over Rs 11,674 crore from the country's capital market in February.

6 May 2018 2:03 PM IST

Coal India which accounts for over 80 per cent of domestic coal production is eyeing one billion tonnes of output by 2020.

Coal India boosts supplies to power plants by 14 pc in April

State-run Coal India revved up fuel supplies to power plants by 14.4 per cent to 40.30 million tonnes in April.

6 May 2018 1:43 PM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Amid surging prices, call for foolproof system to curb fuel theft

Retail petroleum dealers have complained of receiving lower quantity of fuel from oil tankers.

6 May 2018 1:39 PM IST

Employees Provident Fund Organisation or EPFO stores members PF corpus.

Govt likely to notify 8.55 pc interest on PF for FY18 this week

The labour ministry has sought Election Commission's approval to notify rate of interest for crediting the same into...

6 May 2018 1:20 PM IST

Vedanta and Cairn

Arbitration hearings begin in Cairn India's Rs 20,500 cr tax case

Cairn India was subsequently merged into Vedanta Ltd. It is now called Vedanta Ltd.

6 May 2018 12:21 PM IST