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HMSI plans to expand sales network to 6,000 touchpoints from 5,700 outlets last financial year.

HMSI eyes expansion with Rs 800 cr investment in FY'19

The company exports to around 27 countries, including Sri Lanka and Nepal.

10 April 2018 1:59 PM IST

At present, there is a 10 per cent import duty on gold. (Photo: PTI)

Investors continue to exit from gold ETFs, withdraw Rs 835 cr in FY 18

Outflow has razed the asset under management (AUM) of gold funds by over 12 per cent in the just concluded financial...

10 April 2018 1:15 PM IST

Domestic passenger vehicle sales were up 6.38 per cent at 3,00,722 units in March as against 2,82,698 units in the same month last year.

Car sales marginally up; passenger vehicles rise 6.38 per cent

Motorcycle sales last month jumped by 25.13 per cent to 11,45,221 units.

10 April 2018 12:19 PM IST

The government on Monday said the re-introduction of the e-way bill system for GST has been smooth with no technical glitches.

Intra-state e-way bill rollout in 5 states from April 15

Five states which would form part of the first phase are Andhra Pradesh, Telangana, Gujarat, Kerala and Uttar Pradesh.

10 April 2018 12:13 PM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI launches UK subsidiary with 225 million pounds capital commitment

It is aimed at preventing a repeat of the financial crisis, by ensuring that banks have enough capital to support their...

10 April 2018 12:11 PM IST

The government on Monday said it will still want to see if IndiGo bids for Air India.

Still waiting to see if IndiGo bids for Air India: Govt

The budget carrier had last week announced its decision not to bid for the national carrier.

10 April 2018 11:52 AM IST

A team of central tax officers has arrested the director of a private firm who failed to pay taxes within the stipulated time in the new indirect tax regime.

Arrest for GST default signals strict enforcement of new law

Experts say search and seizure provisions rather harsh.

10 April 2018 11:32 AM IST

These chargers would facilitate electric car users to charge their cars (battery electric vehicles such as the Mahindra e2o, Nissan Leaf, etc) at any time safely and conveniently. The chargers can also monitor the car battery charging status and units consumed while charging a car.

Mahindra Electric ties up with Zoomcar to offer 100 EVs in Delhi

Mahindra group has e2o plus, e-Verito and e-Supro vehicles in its electric vehicle portfolio.

10 April 2018 11:09 AM IST

Representational image of farmers cutting and gathering the sugarcane stems while harvesting.

India likely to pay cane growers to help sugar mills: sources

Government officials insist India's plans to directly pay cane growers would not contravene WTO rules.

10 April 2018 10:56 AM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

Axis Bank stock rises 4 pc after Shikha Sharma's tenure shortened

Shares of the company opened on a bullish note at Rs 523.10, then surged to a high of Rs 540.

10 April 2018 10:43 AM IST

Chanda Kochhar, MD & CEO of ICICI Bank

It's for RBI to decide on Chanda Kochhar's term at ICICI Bank: FinMin

Ratings agency said allegations against ICICI Bank are coming against a backdrop of high NPAs in banking sector.

10 April 2018 10:28 AM IST

Wipro Chief Azim Premji

Wipro says Q4 profit may be impacted by telcom client's insolvency...

Wipro had signed a multi-year outsourcing services agreement with a telecom services provider in India in 2008.

10 April 2018 10:15 AM IST