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ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC to acquire govt stake in HPCL for Rs 36,915 crore

ONGC will pay govtRs 473.97 per share, a premium of over 10 per cent of 60-days weighted average of HPCL's scrip.

20 Jan 2018 5:22 PM IST

Last year, Airbus rival Boeing has started construction of its first overseas facility in Chinese port city of Zhoushan as part of its plans to produce 737 planes.

Airbus delivers 176 aircraft to China in 2017

2017 marks an incredible year for Airbus as we created a new record of global deliveries of 718.

20 Jan 2018 4:58 PM IST

Audi launches 2018 Q5 at Rs 53.25 lakh

Diesel mill produces 190PS of peak power at 3,800-4,200rpm and 400Nm of max torque at 1,750-3,000rpm.

20 Jan 2018 3:59 PM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold breaks 2-day slide, recovers Rs 20 on jewellers' buying

Gold is trading at Rs 30,850 per 10 grams tracking a better trend overseas amid fresh buying by jewellers.

20 Jan 2018 2:22 PM IST

Brokers and shareholders at Kolkata share market react as Sensex and Nifty gain after opening on the first day on Monday following the launch of GST. (Photo:PTI)

Market wins for seventh straight week, up 919 points

Sensex started the week higher at 34,687.21 and hovered between new milestone record high of 35,542.17.

20 Jan 2018 2:17 PM IST

The special edition gets a host of cosmetic updates.

JLR launches Evoque Landmark edition at Rs 50.20 lakh

Range Rover Evoque has brought Range Rover luxury and refinement to new customers around the world and in India..

20 Jan 2018 12:04 PM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Mauritius largest source of FDI in India, says RBI

Ratio of market values of inward to outward direct investment, increased to 4.3 in March 2017 from 3.6 a year ago.

20 Jan 2018 11:46 AM IST

BR Balakrishnan, a director general of investigations at the income tax department in the southern state of Karnataka, said notices were sent following the survey to assess the penetration and patterns of virtual currency trade. (Photo ;PTI)

Govt sends tax notices to cryptocurrency investors as trading hits USD...

The Indian Govt has issued repeated warnings against digital currency investments, saying these were like 'Ponzi...

20 Jan 2018 11:30 AM IST

Indias forex reserves have shot up considerably.

Forex reserves at new record high of USD 413.825 billion

The country's reserve position with the Fund also increased by USD 9.3 million to USD 2.048 billion.

20 Jan 2018 10:46 AM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Jio logs first net profit of Rs 504 crore in Dec quarter

The revenue from operations came in at Rs 6,879 crore, 12 per cent higher than the trailing quarter.

20 Jan 2018 10:08 AM IST

Bharti Airtel Ltd is mulling phasing out its 3G service in two years and upgrading all its subscribers to the 4G network. (Photo: PTI)

Bharti Airtel transfers 25 pc stake in DTH arm to Nettle Infra

Bharti Airtel already holds 95 per cent stake in Indo Teleports.

20 Jan 2018 10:01 AM IST

The Council had in May fixed 28% as the top rate for cigarettes. A 5% ad valorem cess was levied on top of it and Rs 1,591 per thousand sticks as fixed cess on both filter and non-filter cigarettes of not exceeding 65 mm.

Higher tax on cigarettes keeps industry under pressure: ITC

Government on July 17 had hiked the limit of cess to be levied on cigarettes.

20 Jan 2018 9:55 AM IST