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Domestic passenger vehicle sales declined marginally to 2,79,837 units in October. (Photo: PTI)

Passenger vehicle retail sales fall 11 pc in July: FADA

Passenger vehicle sales in July declined 11 per cent to 2,43,183 units.

19 Aug 2019 3:56 PM IST

Airtel appoints Rajesh Tapadia as CEO of data-cloud biz

Tapadia has earlier worked with Trimax, Global Cloud Xchange, Genpact and Reliance Infocomm.

19 Aug 2019 2:51 PM IST

PE firms made investments worth $2.6 billion across 61 deals and exits worth $472 million across 10 deals.

PE-VC investment in India zooms to all-time high of USD 8.3 bn in...

According to EY's private equity deal tracker, July 2019 recorded investments worth USD 8.3 billion across 106 deals.

19 Aug 2019 2:49 PM IST

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.

Rebalancing refining mkt, faster asset monetisation to drive RIL...

RIL announced agreeing to a non-binding letter of intent from Saudi Aramco regarding proposed investment in its...

19 Aug 2019 2:02 PM 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.

RBI rules out asset quality review of NBFCs for now

IL&FS group's failure has made banks highly risk averse to the NBFC sector, leading to a severe liquidity crunch.

19 Aug 2019 1:14 PM IST

Shaktikanta Das

Time has come for banks to link loans, deposits to repo rate: RBI Gov...

SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks...

19 Aug 2019 12:40 PM IST

The rupee fell against the dollar as the greenback strengthened post Fridays upbeat US non-farm payroll data.

Rupee rises 9 paise against dollar in early trade

The rupee opened at 71.12, then gained momentum and touched a high of 71.05.

19 Aug 2019 10:17 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.

Sensex jumps over 200 points; Nifty nears 11,100

The 30-share index pared some opening gains to trade 129.01 points or 0.35 per cent higher at 37,479.34.

19 Aug 2019 10:01 AM IST

Apple CEO Tim Cook speaks during The Fortune CEO Initiative 2018 Annual Meeting, Monday, June 25, 2018, in San Francisco. (AP Photo/Marcio Jose Sanchez)

Apple CEO warns Trump about China tariffs, Samsung competition

Apple's MacBook laptops and iPhones would not face the additional tariffs until December 15.

19 Aug 2019 9:54 AM IST

Public lender United Bank of India has increased the marginal cost of funds based lending rate (MCLR) by 5 basis point or 0.05 per cent across tenors.

United Bank of India targets Rs 1,000 cr net profit in FY20

The bank managed to be in the black in the fourth quarter of the last fiscal by posting a bottomline of Rs 95 crore.

19 Aug 2019 9:36 AM IST

Chinas Huawei Technologies, the worlds third-largest smartphone maker, posted a 28 per cent rise in 2017 net profit.

RSS' economic wing sees Chinese telecom firms as security risk for...

US President Donald Trump's administration put the company on a blacklist in May, citing national security concerns.

19 Aug 2019 8:32 AM IST

Going by the state-run Spices Board statistics, turmeric was grown in 2,24,260 hectare during 2017-18, with production of nearly 11,07,920 tonne, which was lower than the 2016-17 level of 2,48,050 hectare and 12,15,520 tonne.

Truant rains, sanctions on Iran hurt turmeric

Before that turmeric sowing area in the Sangli region came down by 1015 per cent due to deficient rainfall.

19 Aug 2019 3:08 AM IST