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

Govt may permit 100 pc FDI in contract manufacturing: Sources

Commerce and industry ministry is working on a proposal that would be finalised soon and sent for Union Cabinet's...

11 Aug 2019 1:22 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.

Reliance to produce only jet fuel, petrochemicals at Jamnagar after...

The company is preparing its Jamnagar complex to be future ready as fuel demand undergoes change.

11 Aug 2019 12:07 PM IST

$Foreign portfolio investors are also seeking clarity behind \indirect transfer\ rules that could increase tax liabilities for overseas funds. (Representational Image)$ Business

FPIs remain in sell-off mode, pull out Rs 9,197 cr in Aug so far

However, analysts said the trend may reverse if the government addresses the tax concerns of overseas investors.

11 Aug 2019 11:55 AM IST

At the close of trade, the market capitalisation of all the BSE listed firms stood at Rs 1,29,60,905 crore ($2 trillion).

Seven of top-10 cos add Rs 87,966 cr in m-cap; HUL, HDFC Bank shine

TCS, HDFC, Infosys, Kotak Mahindra Bank and ICICI Bank were the other firms which saw a rise in their market...

11 Aug 2019 11:46 AM IST

$\The suggestion of alleged violation of FDI laws of India is completely misconceived and misplaced,\ Godfrey Phillips India said in a regulatory filing.$ Business

Godfrey Phillips profit doubles to Rs 118 cr in June quarter

The consolidated income of the company during April-June increased to Rs 858.49 crore, from Rs 612.56 crore.

10 Aug 2019 3:01 PM IST

Fitch will no longer provide ratings or analytical coverage for RCom.

RCom Q1 loss widens to Rs 366 crore

Total income of RCom during the reported period declined to Rs 866 crore from Rs 1,008 crore a year ago.

10 Aug 2019 1:01 PM IST

Later, he realised he had intruded into a marriage ceremony and silently left the place.

India's youth borrowing big to get married

The total loan applications across categories in all the six cities rose to 15 per cent, from 9 per cent.

10 Aug 2019 12:18 PM IST

Niche bike maker Royal Enfield on Tuesday said it has earmarked Rs 800 crore capex for the current fiscal for various activities.

Royal Enfield launches six new variants of iconic bike Bullet

Royal Enfield announced launch of six new variants of its iconic bike Bullet at prices starting at Rs 1.12 lakh...

10 Aug 2019 12:06 PM IST

Despite substantial rise in the number of women joining workforce in India, gender parity continues to suffer.

India needs to increase women workforce to global average of 48 pc:...

At present, India has only about 27 per cent women in the workforce.

10 Aug 2019 11:16 AM IST

Other automakers are likely to follow suit, which would lead to loss of at least contractual jobs.

Top Indian automakers plan production cuts amid industry crisis

Auto parts manufacturers and dealers have laid off about 350,000 workers since April.

10 Aug 2019 10:47 AM IST

Finance Minister Nirmala Sitharaman addressing Cooperative Group Housing Society Maha Sammelan. (Photo: ANI)

Nirmala Sitharaman silent on higher taxes for foreign investors:...

Investors in turn pulled USD 1.8 billion out of Indian equities in July alone.

10 Aug 2019 10:33 AM IST

The significant drop in nets, according to analysts, can be attributed to softer metal prices, higher costs, US-chain trade tussles and global meltdown.

Hindalco net falls 28 per cent on softer metal prices

he company had posted a profit of Rs 1,474.69 crore in the year-ago period.

10 Aug 2019 1:39 AM IST