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At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)Business
Rupee rises 12 paise against US dollar in early trade

At the interbank foreign exchange the rupee opened at 70.82 against the US dollar.

13 Jan 2020 10:06 AM IST

Top gainers in the Sensex pack included SBI, Infosys, ITC, Sun Pharma, HDFC Bank and ICICI Bank, rising up to 2.64 per cent.Business
Sensex, Nifty hit record highs; Infosys rallies 4 per cent

The 30-share BSE index was trading 248.57 points or 0.60 per cent higher at 41,848.29.

13 Jan 2020 10:01 AM IST

Tata MotorsBusiness
Tata Motors global sales dip 3 pc dip to 97,348 units in December

The company's global sales of all passenger vehicles were at 62,822 units, up 5 per cent from December 2018.

13 Jan 2020 9:34 AM IST

The good news is that the US-Iran conflict is yet to affect payment and orders from Iran, which has recently emerged as the top export destination for Indian tea, unseating Russia.Business
Iran tensions keep tea exporters anxious

Iranian tea buyers are still placing orders and negotiating contracts for high-quality orthodox tea.

13 Jan 2020 2:34 AM IST

Despite the growing share of lab-grown diamonds, Russian miner Alrosa does not want to go the De Beers way and enter the segment.Business
Russia's Alrosa to steer clear of lab-grown stones

Alrosa accepts that lab-grown diamonds are increasingly flooding diamond markets, including India.

13 Jan 2020 2:30 AM IST

Sebi Chairman Ajay Tyagi said compliance to the corporate governance should be on a principled basis and not merely from a \tick-mark\ perspective where a company only looks at mandated requirements.Business
Karvy default a boon for discount brokers

Competitive intensity remained strong, as the quarter saw default by Karvy and launch of broking services by PayTM, says...

13 Jan 2020 2:27 AM IST

Non-banking finance companies are expected to post strong numbers for the December quarter, helped by the low base in the year-ago quarter. However, that does not give a true picture of the sector.Business
Low base to help NBFC's Q3 results

The Q3 of FY29 was preceded by the IL&FS default in September and hence it was an exceptionally weak quarter.

13 Jan 2020 2:24 AM IST

Customer complaints against public insurers have been rising in the past two years, while those against private insurers have been on a downward slide.Business
Consumer complaints up for PSU insurers

In contrast, the complaints against private life insurers have been steadily coming down for the past few years.

13 Jan 2020 2:17 AM IST

In order to enhance the scope of services offered under wellness and preventive features/benefits of health insurance products, the insurance regulator-The Insurance Regulatory and Development Authority of India (Irdai) on Thursday released an exposure draft on guidelines on wellness and preventive features.Business
Uniform health cover terms on the cards

All stakeholders have been asked to submit their comments/suggestions on the proposed guidelines by January 25.

13 Jan 2020 2:15 AM IST

The Competition Commission has found a prima facie case for investigation against MakeMyTrip-Go and Oyo for alleged violation of the Competition Act, 2002.Business
Tax officials conduct surprise search at SoftBank-backed Oyo

In November, internal projections showed Oyo's India business will likely make losses until 2021.

11 Jan 2020 11:03 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)Business
Indian government to seek RBI dividend boost as revenue drops

Reserve Bank of India approved a 1.76 trillion rupees (USD 24.8 billion) dividend payment to the federal government

11 Jan 2020 10:57 AM IST

Indian auto sectors total sales also declined by 12.76 per cent to 21,76,136 units in October from 24,94,345 units solder during the corresponding month of the previous year.Business
2019 witnesses worst-ever decline in auto sales: SIAM

Total commercial vehicles saw a dip of 14.99 per cent to 8,54,759 units as against 10,05,502 units in 2018.

11 Jan 2020 10:52 AM IST

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