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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.Business
Sensex drops over 250 points ahead of F&O expiry

After hitting a low of 37,191.79, the 30-share index was trading 215.51 points, or 0.58 per cent, lower at 37,236.33.

29 Aug 2019 9:59 AM IST

The government last year relaxed FDI norms in over a dozen sectorsBusiness
After tax incentives, govt brings in FDI reforms to propel growth

The changes in FDI policy will result in making India a more attractive FDI destination.

29 Aug 2019 9:41 AM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.Business
Flipkart Group partners Nautica, to manage online-offline biz

As part of the agreement, Flipkart Group will manage Nautica's online and offline business, through a network of...

29 Aug 2019 9:39 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)Business
SBI economists slam 'intelligentsia' for 'misunderstanding' RBI...

The Rs 52,000-crore surplus payout is much lower than the estimates, the economists said.

29 Aug 2019 9:31 AM IST

Giving much-needed relief to stressed sugarcane farmers, the government on Wednesday announced Rs 6,268-crore subsidy for exporting 6 million tonnes of sugar during the marketing year 2019-20 that starts from October.Business
Sugar subsidy, export target pegged higher

The decision was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister...

29 Aug 2019 1:13 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.Business
Nifty support seen near 10900

The Sensex closed at 37451.84 falling 189.43 points, or 0.50 per cent, while the Nifty shed 59.25 points, or 0.53 per...

29 Aug 2019 1:10 AM IST

FMCG major Nestle India yesterday reported a decline of 8.66 per cent in its standalone net profit to Rs 167.31 crore for the quarterBusiness
Nestle to replace Indiabulls Housing Finance in Nifty

Nestle India shares closed 0.36 per cent higher at Rs 12,517.40 per share on the NSE and touched a high of Rs 12,850 in...

29 Aug 2019 1:07 AM IST

Renault, Europes biggest car maker but struggling in India, on Wednesday launched Renault Triber, which it dubbed as a \game changer\ at the competitive price to double its sales volume to 2,00,000 units annually in the mid-term.Business
Renault aims to disrupt market, prices hatchback Triber at Rs 4.9 lakh

The Renault Triber is the newest sub 4-metre multi-seater to go on sale in India and promises a compact yet versatile...

29 Aug 2019 1:05 AM IST

In the face of a slowdown in consumption, fast moving consumer goods (FMCG) companies have gone for selective cuts and hikes in product prices, based on the mixed trends in raw material prices and consumption pattern.Business
FMCG firms tweak prices to combat slowing consumption

Market leader Hindustan Unilever (HUL) has cut the prices of soaps but has raised face wash prices.

29 Aug 2019 12:59 AM IST

Most brokerages have cut Nifty earnings by over 5 per cent, with many Nifty companies earnings per share (EPS) being downgraded.Business
Brokerages cut Nifty earnings

Analysts attribute weak global demand along with subdued state capex weighed on industrial companies.

29 Aug 2019 12:57 AM IST

Suzuki Motor CorporationBusiness
Toyota, Suzuki partnering in self-driving car technology

Toyota will take a 4.9 per cent stake in Suzuki Motor Corp. valued at 96 billion yen (USD 908 million).

28 Aug 2019 4:13 PM IST

Senior government officials have denied using Mahindra and Mahindra Ltd and Tata Motors manufactured electric cars on the basis of poor performance and low mileage, says report.Business
Plan to launch EV in India by 2022 but ecosystem is a must: Renault

BMW is also studying the feasibility of launching its i3 electric car in India.

28 Aug 2019 3:37 PM IST

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