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Fiat Chrysler Automobiles (FCA) spokeswoman Shawn Morgan declined to comment. The French government, Renaults biggest shareholder with a 15 per cent stake, also declined to comment.

Fiat Chrysler and Peugeot in talks to create $50 bn car giant

FCA's board of directors is expected to hold an emergency meeting on Wednesday.

30 Oct 2019 4:05 PM IST

The closed sugar mills in the country may get a new lease of life if things move the way it has been envisaged by the Modi 2.0 government.

Govt's Rs 15,000 cr soft loan scheme to sugar mills moving at snail's...

The objective was to help millers in clearing cane arrears and divert surplus sugar for ethanol manufacturing.

30 Oct 2019 3:53 PM IST

In the international market, gold was trading higher at USD 1,489.50 per ounce and silver at USD 17.82 an ounce.

Gold prices up Rs 87 on weaker rupee, firm global markets

Gold is trading at Rs 38,842 per 10 grams in the national capital on firm global trends and a weaker rupee.

30 Oct 2019 3:48 PM IST

Now, any Indian citizen, resident or non-resident and OCIs are eligible to join the NPS till the age of 65 years.

Now OCIs can also subscribe to National Pension System

NPS was initially notified for central government employees joining service on or after 1st Jan 2004.

30 Oct 2019 3:00 PM IST

Aramcos planned USD 69.1 billion acquisition of a 70 per cent stake in petrochemicals firm Saudi Basic Industries Corp (SABIC) from the Saudi sovereign wealth fund.

Aramco IPO will be Saudi crown prince's decision: minister

Aramco was expected to launch the first part of a two-stage IPO earlier in October.

30 Oct 2019 2:57 PM IST

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