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According to the terms of the agreement, in case of exit, NTT DoCoMo was guaranteed a fair market price or 50 per cent of the investment, whichever is higher.

Tata settles dispute with Docomo; to pay $1.18 bn

Docomo picked up a 26.5% stake in Tata Teleservices, a joint venture with Tata Sons in 2009 investing $2.2 billion in...

1 March 2017 6:28 AM IST

A closed branch of SBI as bank employees went on a nationwide strike in Surat. (Photo: PTI)

Bank strike affects deals worth Rs 1 lakh crore

The UFBU is an umbrella body of 9 unions, but two of Bharatiya Mazdoor Sangh affiliates are not part of the stir.

1 March 2017 6:27 AM IST

Agriculture sector grew by 6 per cent in Q3 against 3.8 per cent in Q2.

Note ban blues see India slash GDP to 7 per cent

Experts projected a short-term dip from demonetisation.

1 March 2017 4:02 AM IST

Representational Image

India fastest-growing economy but growth rate slips to 7 per cent post...

Growth exceeded most analyst predictions in wake of government's shock move of note ban.

28 Feb 2017 6:34 PM IST

The output growth came in at 4.8 percent for the first 10 months of the current fiscal year, which ends in March 2017.

India's infrastructure sector growth slows down

Growth slowed to 3.4 percent in January from 5.6 percent in the previous month.

28 Feb 2017 6:03 PM IST

Sensex opened higher at 26,756.66.

Sensex remains weak ahead of GDP data

Investors waited for December quarter GDP data to find out if demand took a knock due to note ban.

28 Feb 2017 5:54 PM IST

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

Fiscal deficit at Rs 5.64 lakh crore during April-Jan

Govt data showed fiscal deficit was 105.7 per cent of budgeted target for fiscal year ending in March 2017.

28 Feb 2017 5:43 PM IST

Oil and Natural Gas Corporation

State oil producers bailed by government

Govt will not insist on levy of Rs 7,223 crore interest on payments that were due from April 2008.

28 Feb 2017 4:51 PM IST

Amazon has pantry service in 29 cities, including Kolkata and will continue to expand in due course

FMCG to be important for Amazon India growth

Company today announced launch of Amazon Pantry that deals with 3500 everyday essentials.

28 Feb 2017 4:25 PM IST

Kiran Mazumdar-Shaw of Biocon.

Biocon MD calls for regulatory body for medical devices

Mazumdar-Shaw said price control on stents need to factor in design and material of their construction.

28 Feb 2017 4:00 PM IST

Economic Affairs Secretary Shaktikanta Das.

DeMo positive side to be visible from April

Das was speaking at launch of OECD's Economic Survey for India which cut its growth forecast to 7 per cent.

28 Feb 2017 3:54 PM IST

Tata Sons agrees to settle the 2-year old dispute

The company has agreed to pay Japanese telecom firm NTT Docomo USD 1.18 billion.

28 Feb 2017 3:43 PM IST