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The government had earlier said allocation of coal linkages for non-regulated sector industries will be only through the auction route to ensure transparency.

States free to supply coal to power plants

The new arrangement will replace the rigid practice of allocation of coal to state-owned generation plants.

26 Feb 2017 4:17 PM IST

Over 10 lakh offline merchants across India accept Paytm for payment including taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, and parking.

Paytm throws lifeline to Snapdeal, Stayzilla ex-staffers

Paytm has seen a significant growth in business after the govt's move to demonetise high-denomination notes.

26 Feb 2017 3:22 PM IST

Company now sells the newly-launched Ignis, Swift, Celerio, Dzire and Baleno in the compact segment.

End of the road for Maruti's popular hatchback Ritz

Maruti Suzuki is committed to ensure availability of spare parts and service for next 10 years.

26 Feb 2017 1:25 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

RBI to frame standard procedure for FDI approvals post FIPB

FDI approvals in sensitive sectors, which are currently under government approval of the FDI policy.

26 Feb 2017 12:42 PM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs net inflow at Rs 14,600 crore in February

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

26 Feb 2017 12:07 PM IST

At present, Coca-Cola company and its bottlers in India annually procure 70,000 metric tonnes of mango pulp worth Rs 500 crore.

Coca-Cola targets Maaza to become USD 1 bn brand

In order to achieve the target, company is also investing in areas such as increasing manufacturing capacity.

26 Feb 2017 12:05 PM IST

Sensex opened higher at 26,756.66.

Eight of top 10 cos add Rs 66,708 cr in m-cap; RIL shines

TCS, HDFC Bank and ONGC saw a rise in their market capitalisation (m-cap) for the week ended Friday.

26 Feb 2017 10:31 AM IST

Chinas own firms have been battered by falling prices for their goods in the face of chronic overcapacity and weak demand.

China's bad loans mount to USD 220 billion: report

Provincial governments causing most of them due to their penchant for infrastructure overdrive.

25 Feb 2017 6:19 PM IST

Indian Oil Corp (IOC) bagged three fields, the same number as new entrant PFH Oil and Gas Pvt Ltd got.

L&T arm bags Rs 1,100 crore contract from Indian Oil

Orders are for IOC's Indane Maximisation project, under which it will set up a fluidised cracking unit.

25 Feb 2017 4:09 PM IST

Globally, gold fell 0.13 per cent to USD 1,235.40 an ounce in New York .

Gold hits 4-month high, climbs Rs 325 on firm global cues

Gold prices had touched Rs 30,325 per 10 grams on October 18, 2016.

25 Feb 2017 3:52 PM IST

Reliance Industries chairman Mukesh Ambani.

No plans to launch app-based taxi service: Reliance

Firm denies foray after an online publication stated that Jio has ordered some 600 cars to kickstart service.

25 Feb 2017 3:02 PM IST

The strong rally in small cap stocks has also helped the BSE small cap index to hit an all-time high last week while the BSE mid cap index is just 245 point away from its lifetime high.

Market rally fifth straight week, gains 424 points

Stocks specific action drove the stock momentum during the holiday-truncated week.

25 Feb 2017 2:06 PM IST