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Stock of Axis Bank closed 2.56 per cent down at Rs 444.60 on BSE.Business
Axis Bank shares tank 9 per cent post bleak Q2 earnings

The stock after making a weak opening further tanked 8.51 per cent to Rs 469.50 on BSE.

18 Oct 2017 12:51 PM IST

Wipro Chief Azim PremjiBusiness
Wipro shares gain over 3 per cent after September qtr results

Wipro Ltd, India's third largest software firm, on Tuesday reported a 5.8 per cent rise in net profit.

18 Oct 2017 12:49 PM IST

After a ruling was passed by the court last year, the Punjab Government denotified 12 stretches of state highways in April this year to provide relief to hotels and restaurants. (Photo: Representational/File)Business
Soon eating at AC restaurants will not cost you much, read why

GST Council may cut tax rate on eating at AC restaurants from 18 per cent to 12 per cent.

18 Oct 2017 12:39 PM IST

On interrogation, it was found that Md. Arif got the gold biscuits from a passenger named Jafar, who had come from Dubai. (Photo: ANI)Business
Gold futures up by Rs 71 per 10 gram

Gold is trading at Rs 29,718 per ten gram as speculators engaged in raising their bets even as metal weakened overseas.

18 Oct 2017 11:52 AM IST

Amazon Go, which is being tested with Amazon employees and will open to the public next year, is a \checkout-free shopping experience made possible by the same types of technologiesBusiness
Amazon to build $5-bn new headquarter that will create 50,000 jobs

Amazon employees to keep around $1 billion of their hard earned money over 20 years.

18 Oct 2017 11:46 AM IST

Buoyed by favourable capital market outlook and healthy performance by some of the earlier issuances, there has been a surge in high net-worth individual investor (HNI) interest in IPOs to capitalise on the listing gains.Business
MAS Financial Services jumps 46 per cent on market debut

The stock rose to Rs 670 from its IPO price of Rs 459 in a public float.

18 Oct 2017 11:26 AM IST

Petroleum Minister Dharmenda Pradhan on Wednesday defended the daily price revision mechanism calling it rational and transparent.Business
Stressed upon developing transparent market for LNG: Pradhan

He adds competitive market for LNG is important for India as it imports 50 pc of gas need as LNG.

18 Oct 2017 11:17 AM IST

For the week, the Sensex lost 448.86 points, or 1.69 per cent, while the broader NSE Nifty dropped 153.70 points, or 1.88 per cent.Business
Sensex drops 100 points on muted earnings, profit-booking

The broad-based Nifty slipped from record by falling 29.30 points, 0.29 per cent, to 10,205.15.

18 Oct 2017 10:11 AM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.Business
Rupee recovers 7 paise against US Dollar

Rupee is trading at 64.95 against the dollar in early trade on mild selling of the US currency by exporters.

18 Oct 2017 9:46 AM IST

Snapdeal is estimated to have raised over USD 1.7 billion so far in multiple funding rounds.Business
Snapdeal chief financial officer Anup Vikal quits

Snapdeal Co-Founder and CEO Kunal Bahl said Vikal has done sterling work at the firm.

18 Oct 2017 9:41 AM IST

BSNL to use part of its 3G spectrum for 4G services.Business
BSNL offers unlimited calling, data on Bharat phone for Rs 97 per...

BSNL at present provides 3G services and is planning to upgrade it for 4G services from January 2018.

18 Oct 2017 9:32 AM IST

Union minister for finance and corporate affairs Arun Jaitley strikes the gong at the launch of the commodity options on gold futures in New Delhi on Tuesday. (Photo: PTI)Business
Gold prices likely to fall as US Fed Reserve mulls rate hike

According to analysts at Angel Broking, the markets are pricing in a 76 per cent chance of US Fed raising borrowing...

18 Oct 2017 3:41 AM IST

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