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ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC free to sell stake in HPCL: Pradhan

ONGC has only got one member on the board and virtually no say in the management.

14 Oct 2019 2:41 PM IST

Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.

NCLAT asks ED to release BSPL assets, stays Rs 19,700-cr sale to JSW...

On September 5, NCLT had approved the JSW Steel's Rs 19,700 crore resolution plan for BPSL.

14 Oct 2019 1:13 PM IST

WPI inflation, which reflects the annual rate of price rise, has risen for the second straight month, notwithstanding the cash crunch following demonetisation.

WPI inflation eases to 0.33 per cent in September

The annual rate of inflation, based on monthly wholesale price index was at 5.22 per cent in September 2018.

14 Oct 2019 12:50 PM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August.

FPIs pull out over Rs 6,200 crore in October so far

Foreign investors pulled out a net amount of Rs 4,955.2 crore from the equities and Rs 1,261.9 from the debt segment.

14 Oct 2019 11:52 AM IST

Infosys has increased its revenue growth guidance for FY20 to 8.5-10 per cent in constant currency.

Infosys shares fall over 4 per cent after Q2 earnings

The company's revenue rose by 9.8 per cent to Rs 22,629 crore in the quarter under review from Rs 20,609 crore.

14 Oct 2019 11:18 AM IST

The finance ministry on Friday said a 5 per cent GST will be levied on food and drinks supplied by the Indian Railways or IRCTC in trains, platforms or stations.

IRCTC makes blockbuster debut; zooms over 101 pc in debut trade

The company's market valuation stood at Rs 10,972 crore in morning trade.

14 Oct 2019 10:54 AM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Rupee rises 28 paise against US dollar in early trade

Foreign fund inflows and easing crude prices supported the local currency.

14 Oct 2019 10:24 AM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex jumps over 150 poits on positive global cues

After opening on a volatile note, the 30-share index swung over 200 points in early trade.

14 Oct 2019 10:09 AM IST

Adani Group on Wednesday announced foray into transport infrastructure with a Rs 1,140-crore highway project won by a consortium led by its holding firm in Chhattisgarh from the National Highways Authority of India (NHAI).

Total to buy 37.4 per cent stake in Adani Gas

The announcement comes a year after the two firms announced a 50:50 joint venture to import and retail natural gas.

14 Oct 2019 9:54 AM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

World Bank slashes India's growth forecast to 6 per cent for this...

Asia's third-largest economy is currently growing at its slowest pace in 6 years, expanding by just 5 pc in the...

14 Oct 2019 9:15 AM IST

Two committees have been formed for the preparation of the program which will be headed by Minister of Petroleum and Natural Gas Dharmendra Pradhan and Minister of Jal Shakti Gajendra Singh Shekhawat. (Photo: ANI)

USD 60 billion investment coming in gas infrastructure: Pradhan

Govt is giving special impetus to develop gas infrastructure across the length and breadth of the country, said the Oil...

13 Oct 2019 6:25 PM IST

Competition Commission of India

CCI to conduct study on telecom sector amid changing market dynamics

India's telecom sector has witnessed a churn with stiff competition, especially after the entry of Reliance Jio.

13 Oct 2019 4:56 PM IST