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NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Essar leads corporate deleveraging; pays off Rs 1.4 lakh crore:...

I think we were the first to get off the block and actually take some decisive steps to reducing leverage, said Essar's...

13 Oct 2019 11:36 AM IST

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs 29,735 crore in the third quarter of 2016-17.

Eight of top-10 firms add Rs 80,943 cr in m-cap; RIL leads

The m-cap of Reliance Industries Ltd zoomed Rs 28,494.36 crore to Rs 8,57,303.03 crore, the most among the frontline...

13 Oct 2019 11:13 AM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)

Industrial production slips by 1.1 per cent in August

Manufacturing sector contributes over 77 per cent to the IIP, showed a decline of 1.2 per cent in output during August...

12 Oct 2019 1:04 PM IST

The report says online direct-to-consumers (D2C) SMBs are expecting a promising 100 per cent growth as compared to last years festive sales. (Photo: ANI)

E-commerce platforms hope to double sales in festive season

Flipkart has added over 50,000 direct jobs across its supply chain, logistics arm and customer support.

12 Oct 2019 12:59 PM IST

BSNL has also added 1.2 million subscribers through MNP during the month.

BSNL expects to garner more marketshare after Jio move

The state-run telecom operator is also expecting to get 4G spectrum soon, company officials said.

12 Oct 2019 11:49 AM IST

The police seized the Mercedes, they are taking the help of the Regional Transport Office (RTO) to track down its owner and the driver. (Representational Image)

Daimler recalls hundreds of thousands of Mercedes-Benz diesel vehicles

Mercedes-Benz vehicles with so-called OM651 diesel engines meeting Euro 5 emission standards and has ordered Daimler to...

12 Oct 2019 11:11 AM IST

Citibank had used up about $10 billion in the last four years.

Citi pays USD 30 million fine to settle real-estate violations:...

Federal law limits the time a national bank may hold foreclosed and other real estate owned (OREO) assets.

12 Oct 2019 10:31 AM IST

Thomas Cook India Group. (Photo: Twitter)

Thomas Cook failure spurs UK to act on airlifting tourists home

The government was unable to use Thomas Cook aeroplanes and instead had to build what was in effect a temporary airline.

12 Oct 2019 10:26 AM IST

Indias gems and jewellery exports were down 6.2 per cent in September at $3.3 billion as shipments of cut and polished diamonds slumped.

Diwali sales help Al Rosa

In September 2018, Al Rosa had sold rough diamond worth to $331.6 million and polished diamond valued $7.1 million.

12 Oct 2019 12:55 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

11400 is immediate resistance to Nifty

The broader market underperformed with BSE Mid-Cap Index up 0.24 per cent and BSE Small-Cap Index up 0.38 per cent.

12 Oct 2019 12:53 AM IST

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Gold shines amid global uncertainty; ETF inflows rise

Gold ETFs had witnessed a net inflow in August after a gap of nine months.

11 Oct 2019 11:43 PM IST

Infosys has become the latest major corporate to attract regulatory attention for alleged corporate governance lapses

Infosys clocks 9.8 per cent revenue growth in Q2

Infosys declared an interim dividend of Rs 8 per share with record date of October 24.

11 Oct 2019 11:41 PM IST