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Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.

IT stocks outperform Sensex in April, TCS jumps 24 crore

The outlook for the tech sector looks bullish owing to a weak rupee.

1 May 2018 6:20 PM IST

L&T sells electrical, automation business to Schneider for Rs 14,000...

The E&A business had net revenue of Rs 5,038 crore in the financial year to March 2017.

1 May 2018 6:13 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

GAIL signs Rs 2,000 cr loan agreement with SBI

The loan is for a 15-year tenure, the company said in a statement without saying what interest rate it would pay on the...

1 May 2018 6:04 PM IST

Hyundai Motor India Ltd (HMIL) today reported a 8.8 per cent increase in total sales at 60,507 units in March 2018.

Hyundai sales up 6 per cent in April at 59,744 units

Hyundai Motor India Ltd (HMIL) on Tuesday reported 6 per cent increase in total sales at 59,744 units in April 2018.

1 May 2018 5:58 PM IST

Ford India on Monday reported a 11.06 per cent increase in total sales at 27,580 units in March against 24,832 units in the same month last year.

Ford India sales dip 39 per cent to 15,281 units in April

The company said its domestic sales stood at 7,428 units in April as against 7,618 units in the year-ago month.

1 May 2018 5:50 PM IST

Aprilia has unveiled a special edition of its flagship offering, the RSV4 RF.

Aprilia 2018 RSV4 RF LE launched overseas

With a limited run of 125 units, the RSV4 RF LE will be the only road-legal production-spec bike with winglets.

1 May 2018 5:44 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

CBI probes documents on loans to Aircel ex-promoter, says IDBI Bank

The state-owned bank had given a loan to Axcel Sunshine Ltd in February 2014, which had turned into a non-performing...

1 May 2018 3:43 PM IST

Monster 821 comes with a Euro 4 compliant liquid-cooled engine which delivers a maximum power of 109 hp.

Ducati launches new Monster 821 in India at Rs 9.51 lakh

The bookings for the model are now open and deliveries will start by the first week of June.

1 May 2018 3:02 PM IST

Telecom Commission on Tuesday approved a proposal for allowing mobile phone calls and internet services in domestic and international flights in India.

Telecom Commission clears proposal for in-flight mobile services

Telecom Commission has also approved regulator Trai's recommendations on internet telephony in its meeting.

1 May 2018 3:00 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Govt issues clarifications on Air India stake sale

Govt has put out clarifications for 160 questions from interested bidders on the disinvestment of Air India.

1 May 2018 2:44 PM IST

Home-grown auto major Mahindra and Mahindra on Tuesday reported 18 per cent jump in total tractor sales to 30,925 units in April.

Mahindra tractor sales up 18 per cent in April

Mahindra and Mahindra on Tuesday reported 18 per cent jump in total tractor sales to 30,925 units in April.

1 May 2018 2:16 PM IST

t pointed that even after rising in the last three months, crude oil prices are mere half of $107 per barrel in May, 2014.

Oil PSUs freeze petrol, diesel prices ahead of Karnataka polls

Oil PSU executives refused to discuss pricing saying they have been asked not to speak on the issue.

1 May 2018 2:08 PM IST