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With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Bharti Airtel posts USD 3.2 billion loss on provisions for telecoms...

Bharti said it made a provision of 284.50 billion rupees, more than 92 per cent of the overall charge for exceptional...

15 Nov 2019 12:50 PM IST

Essar SteelBanks had moved the Supreme Court earlier this year after an appellate court judgment put the claims of Essars operational creditors on par with those of its lenders.

Supreme Court clears path for ArcelorMittal to acquire Essar Steel

The apex court said operational creditors cannot be treated on par with financial creditors of a bankrupt company.

15 Nov 2019 12:27 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee rises 18 paise to 71.78 vs USD in early trade

On Thursday, rupee had settled for the day at 71.96 against the US dollar.

15 Nov 2019 10:32 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.

Sensex rises over 200 pts on firm global cues

The 30-share index was trading 206.79 points, or 0.51 per cent, higher at 40,493.27, while broader NSE Nifty rose 55.05...

15 Nov 2019 10:02 AM IST

Priced between Rs 3 lakh and Rs 3.25 lakh on road pan India, the Ultraviolette F77 bike introduced on Wednesday gets a 4.2kWh battery that offers a range between 130-150 km depending on the power riding mode one opts for Eco, Sport and Insane.

Ultraviolette unveils high performance e-bike F77 at Rs 3 lakh

The F77 bike will first be rolled out in Bangalore in October next year and expand to other cities.

15 Nov 2019 2:43 AM IST

Future First Insurance Broking has teamed up with Arohan Financial Services, part of the Aavishkaar Group, eastern Indias largest NBFC MFI, to offer simple, customized and affordable insurance products in areas of major livelihood threats including health, accident, natural calamities, theft etc.

Future First, Arohan MFI plan to cover 3 million people

Future First, now has plans to cover 3 million people from the underserved segment over the next couple of years.

15 Nov 2019 2:40 AM IST

The medicine is a version of Otsuka Pharmaceutical Co Ltds established drug Abilify for schizophrenia, bipolar disorder and depression, containing a tracking device developed by Proteus Digital Health.

Aurobindo unit gets 14 observations

Given the sizeable number of observations, it has overshadowed the company's decent September quarter numbers.

15 Nov 2019 2:36 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.

Nifty has to hold above 11850 for major up-move

Broader BSE Mid-Cap and Small-Cap indices ended on a flat note.

15 Nov 2019 2:34 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.

Gold supply by domestic refineries dips by a third

The gold in the bullion market was available at a discount for some months, making refining unviable.

15 Nov 2019 2:31 AM IST

There was some resentment towards such people, particularly in the rural areas that later voted overwhelmingly in favour of leaving the European Union, or Brexit , meaning the British exit from the EU.

Brexit effect: Indian ultra-rich rush for London property

London property was available at an effective discount of 20 per cent between the EU referendum and October 2019.

15 Nov 2019 2:28 AM IST

Moodys also affirmed Indias local-currency senior unsecured rating and other short-term local-currency rating.

Moody's cuts GDP growth forecast to 5.6 per cent for this fiscal

Moody's had on October 10 cut India's economic growth forecast for 2019-20 fiscal to 5.8 per cent from an earlier...

15 Nov 2019 2:24 AM IST

Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.

Telecom stocks crash over DoT move

Rough estimates indicate Vodafone Idea may have to pay Rs 28,300 crore and Bharti Airtel, Rs 21,000 crore as per the...

15 Nov 2019 2:21 AM IST