Home » Business

Business - Page 270

Reliance General Insurance, arm of Reliance Capital, has registered a net profit of Rs 165 crore in the fiscal ended March, up by 28 per cent from a year earlier.

Reliance General Insurance scraps IPO plan; withdraw offer documents

Reasons for withdrawal of the offer documents have not been disclosed.

30 Oct 2019 2:35 PM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures decline nearly 1 pc on weak global cues

Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders amid weak global cues.

30 Oct 2019 1:26 PM IST

Amazon Retail India posted a loss of Rs 127.4 crore and revenue of Rs 139 crore in 2019.

Amazon pumps in more than USD 600 million into India units

The company did not immediately clarify where or how the money would be used.

30 Oct 2019 1:08 PM IST

Shares of Piramal Enterprises were trading 0.27 per cent higher at Rs 2,074 apiece on BSE.

Piramal Ent seeks shareholders' nod to raise Rs 1,750 cr from Canadian...

As part of the agreement, Piramal Enterprises will issue and allot 1,15,894 CCDs at a face value of Rs 1.51 lakh.

30 Oct 2019 1:05 PM IST

Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.

Vodafone Idea, Airtel shares jump by 8.5 pc amid financial bailout...

Indian government has created a panel to work out a financial bailout package that may include lowering of spectrum...

30 Oct 2019 12:25 PM IST

IndiGo on Tuesday announced that it had placed an order for 300 A320neo family aircraft, comprising A320neos, A321neos and A321XLRs. (Representational Image)

IndiGo's parent InterGlobe Aviation shares jump 5.5 pc after three-day...

The scrip of India's largest private airline, IndiGo, climbed 5.36 per cent to Rs 1,485.95 on the BSE.

30 Oct 2019 12:05 PM IST

The rupee rose sharply against the US dollar while bonds climbed for a second day on hope that the higher than estimated surplus transfer by the central bank to the government would ease fiscal and current account deficit concerns.

Rupee slips 11 paise against dollar in early trade

A strengthening dollar against other overseas currencies also kept investors on the edge, forex dealers said.

30 Oct 2019 10:17 AM IST

Top gainers in the Sensex pack included Bharti Airtel, L&T, Infosys, ITC, Vedanta, HDFC Bank, Bajaj Auto, Kotak Bank and Sun Pharma rose up to 2 per cent. (Photo: File)

Sensex rises over 250 points; Nifty tops 11,800

The broader NSE Nifty advanced 35.85 points, or 0.30 per cent, to 11,822.70.

30 Oct 2019 9:59 AM IST

FPIs had resumed selling in the first half of May after domestic markets witnessed heavy inflows of around $10 billion in previous three months.

Asian markets tick lower as focus turns to Fed meeting

There is a concern that upbeat earnings, progress on trade and signs of resilience in economy could keep US Fed from...

30 Oct 2019 9:45 AM IST

According to the police, PMC bank officials gave loans to HDIL between 2008 and 2019 despite no repayment of the previous loans. (Photo: ANI)

PMC depositors hold agitation

A delegation of depositors also met a chief general manager-rank officer after the protest in suburban BKC and submitted...

30 Oct 2019 3:39 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.

CCI to open probe against MMT-Go, Oyo

The FHRAI had alleged that the companies have been offering the hotel rooms at less than the average room rate .

30 Oct 2019 2:37 AM IST

IndiGo and GoAir are the two airlines that have been facing glitches in PW engines.

GoAir, IndiGo asked to replace PW engines

The order comes a day after the DGCA had asked IndiGo to replace its 16 A320 NEO aircraft's PW engines, used for more...

30 Oct 2019 2:16 AM IST