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Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

RIL up 5 per cent; investors' wealth at Rs 2.4 lakh crore

Experts say RIL's telecom arm will turn profitable in December quarter; Jio now has a loss of Rs 271 crore.

18 Oct 2017 4:24 PM IST

The income tax department on Wednesday came out with draft notification for fresh registration of trusts who have carried out modification of their objects. (Photo: PTI)

I-T dept issues draft notification for registration of trusts

The I-T department has now come out with draft notification to amend Rule 17A and Form 10A of the Act.

18 Oct 2017 4:24 PM IST

Maharashtra Chief Minister Devendra Fadnavis (Photo: PTI)

Maha govt releases Rs 4,000 cr in phase 1 of loan waiver scheme

Investment in the agriculture sector had increased by almost three times.

18 Oct 2017 4:13 PM IST

UltraTech Cement, which had a cement production capacity of around 63 million tonnes, had added another 21.2 million tonnes capacity with the acquisition of Jaypees cement plants.

UltraTech Cement posts 28 per cent fall in profit in Q2

Revenue from operations on a standalone basis rose 6.1 per cent to Rs 65.71 billion.

18 Oct 2017 3:52 PM IST

MF assets jump close to 30 per cent at Rs 20.4 trillion in Sept

However, AUM declined to Rs 20.40 trillion from Rs 20.59 trillion a month ago.

18 Oct 2017 3:47 PM IST

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)

Gold sparkles on Diwali eve, prices surge to 3-week high of Rs 31,000

Globally, gold fell by 0.12 per cent to USD 1,283.20 an ounce and silver by 0.06 per cent to USD 16.98 an ounce in...

18 Oct 2017 3:39 PM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

Paytm Gold sees 1 million buyers on Dhanteras, makes Rs 120 crore...

Mobile wallet company Paytm on Wednesday said gold worth Rs 120 crore has been transacted within six months of launch of...

18 Oct 2017 3:28 PM IST

Assocham president Sandeep Jajodia also urged the Centre that the NPA norms on getting the account classified under non-performing asset category for core sectors should be extended from 90-days to 180-days. (Photo:PTI)

Hit by DeMo-GST, corporates slash gifts by 35-40 per cent: Assocham

Disruptions arising out of demonetisation and roll out issues of the GST too have affected overall sentiment.

18 Oct 2017 2:47 PM 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)

Airtel eyes phase-out 3G services in 2 years, upgrade all customers to...

The company plans to upgrade all its 3G users across India to 4G services, based on the VoLTE communication standard.

18 Oct 2017 2:14 PM IST

The NSE Nifty remained under pressure and dropped 82.20 points, or 1.02 per cent, to close the day at 7,979.10 after hovering between 8,046.45 and 7,964.95.

Nifty retreats from record highs; Axis Bank slumps

The benchmark Sensex fell as much as 0.44 percent to 32,464.40.

18 Oct 2017 2:11 PM IST

Income Tax officials conducted a raid at Tamil Nadu Chief Secretary Rammohan Raos residence in Chennais Anna Nagar on Wednesday. (Photo: PTI)

I-T dept launches 'online chat' to answer taxpayers queries

An option has also been provided to the taxpayer for emailing entire chat to their ids for future reference.

18 Oct 2017 2:01 PM IST

Flipkart is in talks for a partnership with online ticketing platform BookMyShow, said media reports. Photo: PTI

Flipkart mulls relaunching loyalty programme to counter Amazon Prime

Flipkart is also planning to buy 8-10 percent stake in Kishore Biyani's Future Lifestyle Fashions.

18 Oct 2017 1:21 PM IST