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The platform will invest in opportunities in the ports sector, and beyond sea ports into areas such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage.

NIIF, DP World to invest $3bn in ports, logistics

In 2015, Cabinet had approved setting up a sort of sovereign fund NIIF for the development of infrastructure projects,...

23 Jan 2018 2:34 AM IST

The proposal for reducing the highest income tax slab, sources said, has been discussed by the Prime Ministers Office (PMO) with finance ministry and Niti Aayog officials.

Raise tax limit to boost consumption: SBI arm

SBI expects Budget to be based upon inclusiveness.

23 Jan 2018 2:34 AM IST

Wipro Chief Azim Premji

Wipro stock slips over 2 pc post Dec quarter results

For the December quarter, company's consolidated net profit fell 8.4 per cent to Rs 1,931.3 crore.

22 Jan 2018 5:20 PM IST

Bombay Stock Exchange

Markets at new highs on earnings boost; RIL, ONGC surge

BSE Sensex surged 286.43 points to close at 35,798.01 while the broader NSE Nifty ended at 10,966.20.

22 Jan 2018 4:05 PM IST

IT officials raid an Axis Bank branch in Noida on Thursday. (Photo: PTI)

Axis Bank's Q3 net profit up 25 per cent at Rs 726 crore

Axis Bank's scrip was trading at Rs 618.45 a share on BSE, up 4.78 per cent.

22 Jan 2018 3:34 PM IST

Banks will have to make changes in the existing infrastructure which would be a huge challenge for the banks.(Representational Image)

NPAs to rise to Rs 9.5 lakh crore by March-end: report

Growth of ARCs is expected to come down significantly owing to capital constraints.

22 Jan 2018 3:27 PM IST

Origin of gold is one of the most intriguing mysteries for mankind since ancient times. (Photo: Pixabay)

Gold glitters on global uptrend, higher buying

A global upward move and increased buying by local jewellers pushed up gold prices by Rs 225 per 10 grams.

22 Jan 2018 3:21 PM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

HPCL may acquire MRPL in cash, share-swap deal

India's biggest oil and gas producer, last week announced acquisition of HPCL for Rs 36,915 crore.

22 Jan 2018 2:18 PM IST

McDonalds India has terminated the franchise agreement for 169 fast-food outlets in north and east India run by CPRL.

NCLT direct McDonald's to reply show cause notice for contempt

High court in November had put a stay on the NCLT notice after McDonald's challenged the order.

22 Jan 2018 1:37 PM IST

Chanda Kochhar of ICICI Bank. (Photo: File)

India's economy turning around, GDP to clock 7 pc in H2: Kochhar

ICICI Bank chief said the full fiscal GDP growth for 2017-18 should also be in excess of 6.5 per cent.

22 Jan 2018 1:08 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

FPIs net inflow at Rs 8,700 cr in capital markets in Jan so far

FPIs infused in a net amount of Rs 5,769 crore in equities and Rs 2,940 crore in debt markets during January 1-19.

22 Jan 2018 12:36 PM IST

Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Sensex range-bound in late-morning trade, Nifty above 10,900

BSE Sensex trading higher 112.27 points or 0.32 per cent to trade at 35,623.85.

22 Jan 2018 12:31 PM IST