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IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd to buy Bharat Financial; merger to be over in 10 months

Shareholders will receive 639 shares of IndusInd for every 1,000 shares of the microfinance major.

14 Oct 2017 6:48 PM IST

Radhakishan Damanis supermarket chain D-Mart sells goods on cheaper prices.

Avenue Supermarts Q2 net up 65.2 per cent to Rs 191 crore

This was led by 66 per cent year-on-year decline in interest expenses.

14 Oct 2017 5:17 PM IST

According to IFA Global, a forex and treasury solution firm, the Indian rupee is the third best performing Asian currencies this year, up 4.63 per cent in the March quarter, its best quarterly gains since September 2012.

Rupee ends at three-week high of 64.93 against dollar

Indian rupee had lost a whopping 160 paise, or 2.51 per cent in the last four-week carnage.

14 Oct 2017 4:16 PM IST

Union Road Transport and Shipping Minister Nitin Gadkari. (Photo: PTI)

India must go for pollution-free methanol fuel: Gadkari

Centre has initiated talks with engine manufacturers to make bio-fuel compliant engines for ships.

14 Oct 2017 4:07 PM IST

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd Bank approves acquisition of Bharat Financial

IndusInd Bank will exchange 639 of its shares for every 1,000 shares in Bharat Financial.

14 Oct 2017 4:04 PM IST

Electric car maker Tesla Motors has decided to stop offering unlimited free use of its 734 fast charging stations worldwide.

Tesla fired hundreds of employees in past week

Tesla cited performance as the reason for the firings.

14 Oct 2017 3:46 PM IST

New BIS Act comes into force from Oct 12; puts jewellery under its...

Parliament had in March 2016 passed the law to replace the BIS Act of 1986.

14 Oct 2017 2:54 PM IST

Indian Railways may stop providing blankets in AC coaches and instead ramp up the temperature to 24 degree celsius.

Indian Railways' Diwali gift: Cheaper, faster Rajdhani on Mumbai-Delhi...

Compared to maximum flexi fare for Mumbai- Delhi Rajdhani for second AC of Rs 4,105, this train will cost Rs 3270.

14 Oct 2017 2:49 PM IST

India typically imports around 800 tonnes of gold every year. (Photo: PTI)

Gold rises on firm global cues, festive season buying

Gold is trading at Rs 30,850 per ten gram at the bullion market largely on positive cues.

14 Oct 2017 2:27 PM IST

Infosys co-founder and former CEO Nandan Nilekani. (Photo: PTI)

India on very good wicket on privacy: Nandan Nilekani

Government's unique-identity number plan would be able to successfully pass the test of privacy.

14 Oct 2017 1:12 PM IST

EPFO is a retirement fund body that has a savings corpus of Rs 6.5 lakh crore. (Photo: Representational/PTI)

Link Aadhaar with your EPFO account for easier PF claims settlement

Subscriber also needs to connect their UAN with Aadhaar for speedier redressal of provident fund applications.

14 Oct 2017 1:07 PM 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.

Market witness upswing for second week in row, gains 618 points

Nifty started the week at 9,988.20 and hovered between fresh lifetime high of 10,191.90 and low of 9,955.80.

14 Oct 2017 12:59 PM IST