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InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

SC declines Oil Min request to stay sharing of documents on Reliance...

Reliance holds 66.6 per cent interest in block KG-DWN-98/3 or KG-D6 in the Bay of Bengal.

8 Oct 2019 12:23 PM IST

About 25 per cent of the respondents indicated that transactions made through demand draft are more vulnerable from a money laundering perspective.

Govt sets up high-level panel to check money laundering activities

The committee would work towards policy cooperation and coordination across all relevant or competent authorities.

8 Oct 2019 12:07 PM IST

As autonomous car technology develops, Sohn said Samsung was working with automobile companies on development of 5G networks, needed for autonomous driving. (Photo: AP)

Samsung heir likely to make investment announcement in India

The electronics major expects to clock a business of around Rs 3,000 crore from sale of over 20 lakh mobile phones...

8 Oct 2019 12:00 PM IST

Ratan Tata had launched Tata Nano when he was Tata Group chairman in Gujarats Sanand district. (Photo:File/AP)

No Tata Nano production in first 9 months of 2019, just 1 unit sold

Tata had admitted that the company made the mistake of promoting the Nano as 'the cheapest car'.

8 Oct 2019 11:54 AM IST

The Collection comes with an unquestionable guarantee of 3 years warranty in case of mechanical failure due to faulty materials or craftsmanship.

Intellio launches new limited edition writing instrument

Intellio's FDR collection offers an authentic Made in Germany' experience using the most advanced inks alongside...

8 Oct 2019 11:49 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Bears obstruct bullish momentum

The broader markets also fell with BSE Small Cap Index down 0.75 per cent while BSE Mid-Cap Index fell 0.25 per cent.

8 Oct 2019 1:41 AM IST

Reliance Mutual Fund is now Nippon India Mutual Fund with Nippon Life Insurance as its new promoter with 75 per cent stake.

Reliance MF is now Nippon India MF

Nippon Life Insurance, a 130-yr-old financial services conglomerate with significant global presence has over $700...

8 Oct 2019 1:38 AM IST

BMW, Indian second biggest German luxury car maker, on Monday introduced the BMW M5 Competition sedan priced at Rs 1.55 crore to boost sales and to take on the likes of Audi RS7 and Mercedes E63 S AMG in worlds fourth largest auto market.

BMW M5 Competition launched at Rs 1.55 crore

M-specific twin exhaust and M5 Competition badging are also part of the package.

8 Oct 2019 1:35 AM IST

The Budget has given priority to agriculture, MSME, NBFC, infrastructure and affordable housing. Reviving business confidence, private capex recovery, manufacturing, have got lower attention.

NBFC Q2 preview: Pessimism abound

The RBI and the government have announced several measures to boost liquidity for NBFCs.

8 Oct 2019 1:30 AM IST

Research and development (R&D) spends of Indian pharma companies have been coming down since FY17 and are expected to remain low in FY20 as well due to challenging market conditions in the US.

Pharma R&D spend to stay low this year

Between FY11 and FY17, several Indian pharma companies have been ramping up their R&D spend, targeting the US market.

8 Oct 2019 1:27 AM IST

Lexus, the luxury arm of Japanese car giant Toyota, has introduced the 7-seater version of the RX, the RX 450hL SUV at Rs 99 lakh at Delhi showroom to boost sales during the festival season. It is priced a whopping Rs 30 lakh less than the standard five-seat RX 450h.

Lexus RX 450hL launched at Rs 99 lakh

Interestingly, the RX 450hL will be replacing the standard model going forward, meaning there will no longer be a...

8 Oct 2019 12:54 AM IST

The Tata Motors-owned British marquee, Jaguar Land Rover, has brought in the updated Jaguar XF sedan to take on the established German trio of BMW 5-Series, Mercedes-Benz E-Class, and Audi A6.

First Drive: Jaguar XF

The second-generation Jaguar XF is an absolute driver's delight, and for good reason.

8 Oct 2019 12:50 AM IST