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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.

Fitch Ratings raises Reliance's outlook to positive

Revision in the outlook follows RIL announcing plans to sell a 20 pc stake in its oil-to-chemical division to Saudi...

16 Aug 2019 6:00 PM 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, Nifty end a tad higher; banking, auto stocks save the day

After swinging 470 points during the day, the 30-share Sensex settled 38.80 points, or 0.10 per cent, higher at...

16 Aug 2019 4:33 PM IST

Sharechat does not have any English content, but a purely vernacular-based social media platform in 14 regional languages.

ShareChat raises USD 100 mn in series D funding from Twitter, others

To date, ShareChat has raised a total of USD 224 million, the company said in a statement.

16 Aug 2019 4:07 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold climbs Rs 475 on jewellers' buying, silver gains Rs 378

Pick-up in demand from local jewellers at the domestic spot market led to the rise in gold prices, analysts said.

16 Aug 2019 3:54 PM IST

Ever since the government came to power in 2014, experts pointed out that the lower crude oil prices over the last few years had helped the government to significantly improve Indias macro economic indicators.

Crude oil futures up on positive cues

Analysts said speculative positions created by traders led to rise in oil prices.

16 Aug 2019 2:06 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

IDBI Bank shares tank over 12 per cent after Q1 earnings

The scrip tanked 12.33 per cent to touch its 52-week low at Rs 23.80 on the BSE.

16 Aug 2019 1:50 PM IST

Non-profit organisation Educate Girls received a grant of USD 75,000 from Goldman Sachs.

Weak investment, muted monetary transmission big challenges for Indian...

India's GDP growth increased from an average of 6.7 per cent during 2010 to 2014 to 7.3 per cent during 2015 to 2019.

16 Aug 2019 1:34 PM IST

Hero MotoCorp, the countrys largest two-wheeler manufacturer, on Monday launched two new scooters ,called the Maestro Edge 125 and the Pleasure Plus 110, with starting prices of Rs 58,500 and Rs 47,300, respectively.

Hero MotoCorp manufacturing plants to remain shut for 4 days till Aug...

In a regulatory filing, Hero MotoCorp said its manufacturing facilities will be closed from August 15 to 18, 2019.

16 Aug 2019 12:40 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee slips 20 paise to 71.47 vs USD in early trade

At the Interbank Foreign Exchange, the rupee opened weak at 71.33 then fell to 71.47 against the US dollar.

16 Aug 2019 10:31 AM IST

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.

CBDT's procedure for pending angel tax assessment cases to help...

Government is seeking to calm the nerves of startups worried about angel tax.

16 Aug 2019 10:26 AM IST

Paytm has revamped its app to make it even more user friendly and intuitive.

Paytm to invest Rs 750 cr to reach 250 million monthly active users by...

Paytm currently has a monthly active user base of around 140 million.

16 Aug 2019 10:24 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 sinks over 300 points; metal, auto stocks drag

The 30-share index pared some opening losses to trade 248.25 points or 0.67 per cent lower at 37,063.28 at 0930 hours.

16 Aug 2019 10:14 AM IST