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Infosys has said that its Rs 13,000-crore buyback offer will open on November 30 and end on December 14. (Photo: AFP)

Infosys tanks 6 per cent on lower margin guidance

Net profit was up 11.7 pc at Rs 16,029 cr, while revenues grew 3 per cent to Rs 70,522 crore in FY2017-18.

16 April 2018 11:19 AM IST

Bombay Stock Exchange

Sensex tanks 293 points on weak Asian cues, Infosys falls 4 per cent

Shares of Infosys fell 3.86 per cent to Rs 1,123.90 less-than-expected FY19 revenue guidance.

16 April 2018 10:03 AM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

Rupee falls 20 paise against US dollar in early trade

Rupee is trading at 65.40 against US dollar in early trade today on global trade war concerns.

16 April 2018 9:49 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

NPA maze: Govt for scrapping of one-day default norm

Govt as well as banks feel one-day delay norm could harm businesses and lead to making loans below Rs 2,000 cr.

16 April 2018 8:53 AM IST

The increased salary and pension for retired judges will be effective from January 1, 2016.

Salary hike likely to be better this year

Indian economy and the job market seem to have now picked pace and 2018-19 seems a lot more positive.

16 April 2018 8:47 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Govt tweaks production sharing contracts mid-way, oil and gas reform...

Companies put investments worth billions of dollars on hold.

16 April 2018 8:40 AM IST

Leading exchange BSE has revised the circuit limit for the shares of five companies to curb excessive volatility in their prices.

Markets to look at Q4 results for guidance

IIP rose 7.1 per cent in February, while the CPI showed retail inflation at 4.28 per cent in March, the fourth...

16 April 2018 12:43 AM IST

ASSOCHAM, cautioned that extreme care needs to be taken to ensure safety of data trail that the cryptocurrency can leave, as it changes hands through a range of electronic devices and platforms.

Ending twin balancesheets will take time: Assocham

Assocham secretary general D.S. Rawat urged the RBI to relax the norms proposed.

16 April 2018 12:43 AM IST

The merger proposals in the banking sector would require a clearance from the Competition Commission of India, the ministry official said.

NPAs to rise by Rs 8,000 crore

Gitanjali, among others, is the major account which has turned bad in the Q4 of FY18.

16 April 2018 12:43 AM IST

Tata Steel is an arm of $103 billion Tata Group.

Tata Steel India posts highest ever output at 12.48 MT in FY18

It is mainly on the back of robust performance at Kalinganagar plant.

15 April 2018 7:28 PM IST

Reliance Industries Limited

RIL, JM Financial bid to acquire Alok Industries rejected

The consortium of lenders, led by SBI, is claiming dues of over Rs 23,000 crore from Alok Industries.

15 April 2018 7:05 PM IST

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

Air India staff unions hit social media against disinvestment plan

Messages and graphics with 'Save Air India' slogan are being posted on various social media platforms.

15 April 2018 6:56 PM IST