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Oyo founder to buy back $2 billion shares

Agarwal will buy part of the shares held by Lightspeed Venture Partners and Sequoia India.

20 July 2019 7:38 AM 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.

RIL Q1 net rises 6.8 pc; consumer businesses contribute a third of...

Net profit in April-June stood at Rs 10,104 crore while consolidated revenue rose to a record Rs 1,72,956 crore.

19 July 2019 8:14 PM IST

The CPSE ETF comprises of 10 Maharatnas and Navratnas, with a firm focus on the energy sector. The Bharat 22 ETF is a lot more diversified, with 22 stocks from six sectors. In both funds, the majority of the underlying stocks are among the biggest corporate entities of India.

CPSE ETF fund oversubscribed, investors put in bids worth Rs 25,000 cr...

Government is looking to raise up to Rs 10,000 crore through the follow-on fund offer of CPSE Exchange Traded Fund.

19 July 2019 8:02 PM IST

Reliance Jio's Q1 net profit zooms 45.6 pc to Rs 891 crore

RIL statement said that Brookfield will invest Rs 25,215 crore into Tower InvIT.

19 July 2019 7:49 PM IST

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

Rupee snaps 3-day losing streak; rises 17 paise to 68.80 vs USD

Forex traders said rupee along with most Asian currencies strengthened following dovish comments from New York Fed...

19 July 2019 7:15 PM IST

Representational image of an Indigo aircraft.

IndiGo board meeting to continue on Saturday: CEO Ronojoy Dutta

The board discussed about appointing a woman director, said CEO Ronojoy Dutta.

19 July 2019 6:26 PM IST

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.

Sensex posts 2nd-biggest fall this year; investors lose Rs 3.79 lakh...

Led by a sell-off in auto and banking stocks, the 30-share Sensex cracked 560.45 points or 1.44 pc to settle at...

19 July 2019 5:57 PM IST

Sebi has begun looking into the matter for any possible disclosure and corporate governance-related lapses.

Sebi changes formats for limited review, audit reports

This circular shall be applicable with respect to financial results for quarter ending September 30, 2019 and after,...

19 July 2019 5:47 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 Industries Ltd shares fall 1 pc ahead of quarterly results

The scrip declined 1.01 per cent to close at Rs 1,249 on the BSE.

19 July 2019 5:14 PM IST

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

Airtel could raise USD 3.5 bn more from stake sale in merged tower...

Sale of a significant stake in its tower assets would help in further debt reduction, said Moody's.

19 July 2019 5:04 PM IST

Most of the benefits are being targeted at 4G subscribers where competition is fierce as being targeted by Reliance Jio. (Representational Image)

Rural telephone subscribers fall in May, urban user base rises: Trai

The rural subscription declined from 512.91 million at the end of April 19 to 508.49 million at the end of May 2019

19 July 2019 4:27 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 nears Rs 36,000 mark, silver jumps Rs 935

Gold prices may trade higher in coming days because of weaker dollar and speculations of US Fed rate cut, HDFC's Tapan...

19 July 2019 4:27 PM IST