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Air India is the third Indian carrier after no-frills airlines IndiGo and GoAir to induct A320 neo aircraft.

Air India inducts its first Airbus 320 neo plane

State-owned carrier would also look at options for using more planes for international operations.

16 Feb 2017 2:11 PM IST

FMCG major Nestle India yesterday reported a decline of 8.66 per cent in its standalone net profit to Rs 167.31 crore for the quarter

Nestle India shares dive after company report decline

FMCG major Nestle India yesterday reported a decline of 8.66 per cent in its standalone net profit .

16 Feb 2017 1:32 PM IST

Invest in mineral rich Jharkhand: Tata to industry

Tata Group patriarch country will not be able to grow if it focuses only on traditional spots which have been...

16 Feb 2017 1:30 PM IST

The operator-assisted tests involves the telecom firms equipment and costs, with the regulator monitoring and supervising the entire process.

Trai begins test to monitor the level of call drops

Tests are underway or slated to be conducted over coming weeks in locations include Kalyan, Noida, Jammu etc.

16 Feb 2017 1:14 PM IST

Chief Economic Advisor Arvind Subramanian

MSPs should have an expiry date, says Subramanian

Chief economic adviser says problem of lack of self-sufficiency in foodgrain production gave birth to MSP.

16 Feb 2017 1:07 PM IST

The two unlisted associate banks which will be merged with SBI are State Bank of Patiala (SBP) and State Bank of Hyderabad (SBH).

Shares of SBI and its associates rise after merger

The merger is likely to result in recurring savings, estimated at more than Rs 1,000 crore.

16 Feb 2017 12:57 PM IST

Vedanta Resources Group Chairman Anil Agarwal

Vedanta to invest $1 bn in Jharkhand, build steel plant: Agarwal

Vedanta initially plans to invest about Rs 2,000 cr in setting up one million pig iron and ductile pipe plant at...

16 Feb 2017 12:51 PM IST

Globally, gold rose as much as 0.11 per cent to USD 1,234.50 an ounce in Singapore.

Gold prices rise to Rs 29,234 per 10 grams

Amalyst said weakness in the dollar raised appeal of the precious metals, influenced gold futures.

16 Feb 2017 12:33 PM IST

SBI chairperson Arundhati Bhattacharya

Govt gives nod to merger of SBI, associate banks

State Bank is expected to become a global-sized bank with an asset base of Rs 37 lakh crore.

16 Feb 2017 12:26 PM IST

Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.

TCS board to consider share buyback next week

Shares of company were trading 1.16 per cent higher at Rs 2,443.80 on BSE.

16 Feb 2017 11:03 AM IST

Bombay Stock Exchange

Sensex up 109 points on global cues; Nifty above 8,700

NSE Nifty rose by 26.75 points, or 0.30 per cent, to 8,751.45.

16 Feb 2017 10:23 AM IST

Lower opening in the domestic equity market put the rupee on the back foot.

Rupee down 7 paise against dollar in early trade

A higher opening in the domestic equity markets and dollar's weakness against some currencies overseas capped the...

16 Feb 2017 10:01 AM IST