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Private sector lender Axis Bank on Tuesday failed to meet street expectations as it reported higher slippages and had higher write-offs during Q1FY20.

Axis Bank to raise up to Rs 4,175 crore via NCDs

The coupon rate for the issue will be 7.65 per cent per annum, the filing added.

30 Jan 2020 12:14 PM IST

JLR expects the 7-seater fifth generation Land Rover Discovery to boost the sales given the petrol option and the lower prices starting from Rs 71.38 lakh for the petrol option.

JLR CEO Ralf Speth to retire in Sep: Tata Motors

Speth will maintain his relationship with the Tata Motors-owned firm by taking up the role of non-executive vice...

30 Jan 2020 11:09 AM IST

Personal income tax collections amounted to Rs 4.7 lakh crore last year, or 2.5 per cent of GDP.

BJP recommends tax tweaks to attract foreign investors

India charges 15 per cent short-term capital gains tax if equity shares are sold within a year and at 10 per cent if...

30 Jan 2020 11:00 AM IST

Facebook said in an emailed statement that it was evaluating its legal options regarding the case. (Photo: AP)

Facebook warns revenue growth slowing, costs remain high

The company reported total costs and expenses increased 34 per cent to USD 12.22 billion in the fourth quarter.

30 Jan 2020 10:52 AM IST

The share of gold provided by local refineries has fallen by one-third in the first nine months of 2019. The gold in the bullion market was available at a discount for some months, making refining unviable.

India's gold demand falls 9 pc on record prices in 2019: WGC

The domestic gold price finished 2019 just above Rs 39,000 per ten grams.

30 Jan 2020 10:47 AM IST

The rupee fell against the dollar as the greenback strengthened post Fridays upbeat US non-farm payroll data.

Rupee slips 19 paise to 71.47 against US dollar in early trade

The rupee opened weak at 71.39 at the interbank forex market and then fell further to 71.47, down 19 paise.

30 Jan 2020 10:44 AM IST

The management of Radar has built and exited 3 different businesses themselves which helps the sensitise first time and even veteran entrepreneurs.

Radar India advisors scales a new high

The start-up ecosystem seems to be holding up the jury is still out on this as these are still early days.

30 Jan 2020 10:39 AM IST

Chinas stock market has been overtaken as the worlds second-biggest by Japans, having been swiped this year by the threat of a trade war with the United States.

Global Markets: Virus fears push Asian stocks to seven-week low

MSCI's broadest index of Asia-Pacific shares outside Japan MIAPJ0000PUS fell 1.7 per cent to an almost seven-week low.

30 Jan 2020 10:29 AM IST

The Sensex fell 334.44 points or 0.82 per cent to settle at 40,445, while Nifty shed 96.90 points or 0.81 per cent to close at 11,921.50.

Sensex drops over 150 points; Nifty slips below 12,100

The 30-share BSE index turned volatile and surrendered all gains to trade 168.61 points or 0.41 per cent lower at...

30 Jan 2020 10:21 AM IST

Italian super sports car maker Maserati, on Thursday introduced the petrol derivatives of the Ghibli, Quattroporte sedans and the Levante sports utility vehicle for the first time in Asias third biggest economy as part of its 2020 range to expand its customer base.

Appetite for luxury racing cars on the rise

It sold 50 units of Lamborghini Urus SUV in India till September 2019, priced at Rs 3.12 crore.

30 Jan 2020 1:42 AM IST

The textile sector wants the Union budget to provide adequate provisioning for export incentive schemes and set mechanism for timely disbursal. This will improve the liquidity in the sector and push exports.

Textile sector seeks adequate budget funds for export schemes,...

The last budget had considerably reduced the allocation for the textile sector.

30 Jan 2020 1:39 AM IST

Dr Reddys said it will receive sales-based royalties on a quarterly basis.

Brokerages bullish on DRL

The net profit grew 30.62 per cent YoY to Rs 521.70 crore from Rs 399.40 crore the same quarter last year.

30 Jan 2020 1:36 AM IST