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The UIDAI has restored Bharti Airtels authorisation to conduct Aadhaar-based verification of its mobile subscribers.

Bharti Airtel reports loss of Rs 2,866 crore in Q1 FY20

Bharti Airtel has operations in 18 countries across Asia and Africa.

2 Aug 2019 10:23 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.

Sensex crashes over 300 points on US-China trade tensions

However, Bharti Airtel, Asian Paint, Tata Motors and Infosys gained in the morning trade.

2 Aug 2019 10:09 AM IST

Stunning growth: The FMCG sector in India is expected to more than double to $104 billion by 2020 from the current $49 billion. The sector is expected to grow at a compounded annual growth rate (CAGR) of 20.6 per cent. There is almost nothing else in the world growing this quick.

Aquawhite bets on kids segment

Going forward, in the next five years, this ratio will be changed to 50:50, said Nikhil Nanda, director, JHS.

2 Aug 2019 2:42 AM IST

India has signed contracts to export 200,000 bales of cotton to China in the past one week.

Cotton yarn exports decline 35 per cent in June quarter

According to the yarn producers, lower demand from both export markets and the domestic market has hit the industry.

2 Aug 2019 2:33 AM IST

Details about the hub were limited, and the BIS said it was not able to provide details on investment or staffing levels. (Photo: Pixabay)

M&A deals shrink; PE deals grow

Domestic M&A deals more than halved to $11 billion against $23 billion in the year-ago period.

2 Aug 2019 2:28 AM IST

In Q2 2018, total deal value stood at $403 mn and in Q2 2017 at $1,683 mn.

Investor interest in fintech space falls

In June quarter, fintech space witnessed deals valued $63.3 million, the lowest quarterly deal value since Q 3 2014.

2 Aug 2019 2:22 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.

Bearish momentum likely to continue

The Sensex plunged 786.94 points intra-day to day's low of 36,694.18 after a weak start.

2 Aug 2019 2:19 AM IST

A recent report by Indias leading rating agency Crisil also highlighted the challenges being faced by the Modi government in the last year before the 2019 general elections as crude oil prices have once again started rising.

Crisil cuts GDP to 6.9 per cent

India's GDP had grown at 8.2 per cent in fiscal 2017, the fastest in a decade.

2 Aug 2019 2:17 AM IST

With no incentives from the government yet, and the continuing liquidity crisis and abject lack of consumer and market sentiment, passenger vehicle sales in India continue to head south for straight nine months.

Car sales plunge yet again

Sales also dropped 10 per cent at Hyundai Motor at 39,010 cars, down from 43,481units it sold last year.

2 Aug 2019 1:56 AM 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.

No takers for officially imported gold

After duty was raised from 10 per cent to 12.5 per cent, demand for officially imported gold vanished.

2 Aug 2019 1:53 AM IST

Colgate-Palmolive is major FMCG player.

Colgate-Palmolive appoints of Ram Raghavan as its Managing Director

Raghavan replaces Issam Bachaalani, who will move to another role within the company.

1 Aug 2019 5:05 PM IST

Anecdotal evidence also showed that some gold entered from Singapore, where gold having purity of 24-carat gets melted into rough chains weighing up to 200 grams.

Gold prices up marginally; silver tumbles by Rs 590 per kg

Gold is trading at Rs 41,530 per kg in the national capital as caution prevailed in view of weak global cues.

1 Aug 2019 4:07 PM IST