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Indias sugar output in the last marketing year (October-September 2018) was also a record of the sort at 32.5 million tonne.

India to keep sugar export subsidies even as rivals complain-sources

India's exports surged to 3.3 million tonnes from 620,000 tonnes a year earlier.

16 July 2019 11:22 AM IST

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

Rupee opens 5 paise down at 68.59 against dollar

Weak trade data, foreign fund outflows and rising crude oil prices weighed on the domestic currency.

16 July 2019 10:07 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 100 points; bank stocks rise

The 30-share index was trading 104.83 points, or 0.27 per cent, higher at 39,001.54.

16 July 2019 10:04 AM IST

Shares of Shriram Transport Finance Company were trading 1.40 per cent higher at Rs 1,238.95 apiece on BSE.

Shriram Transport to raise upto Rs 10,000 crore through public issue...

The company is coming out with its Tranche 1 Issue of NCDs having a base size of Rs 300 crore.

16 July 2019 10:01 AM IST

Renowned bollywood actor Jackie Shroff and television star Dilip Joshi (Jethalal of Tarak Mehta ka Ultaa Chashma) presented the awards to the donors.

Non- profit organization organized the International Award Ceremony...

International Award Ceremony organised by Narayan Seva Sansthan.

16 July 2019 9:55 AM IST

Mauritius is compliant with all OECD norms, including the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Will India's tax on the rich hit foreign investment inflows?

Investors are threatening to pull funds from India unless rules are amended so that they won't take a tax hit.

16 July 2019 9:15 AM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

NCLAT to hear ArcelorMittal's plea on EPC Construction on August 8

The NCLT has rejected ArcelorMittal's plea against bid of Royale Partners Investment Fund for ECIL, formerly Essar...

16 July 2019 9:01 AM IST

Reserve Bank of India (RBI)

RBI slaps Rs 7 cr penalty on SBI for violating various norms

The penalty has been imposed on the bank for non-compliance of income recognition and asset classification (IRAC) norms.

16 July 2019 8:54 AM IST

Reliance Jio is subsidiary of Reliance Industries.

Jio joins GSMA's Connected Women Initiative to bridge gender gap in...

GSMA and the service providers can together deliver significant socio-economic benefits and transform the lives of...

16 July 2019 8:49 AM IST

Deloittes filing showed it last month argued the government case should be dismissed because it came after the auditors 10-year stint at IFIN ended.

Deloitte misreading law, trying to avert ban: Government

Deloitte Haskins and Sells LLP is contesting the government's call for the ban on the auditor for its alleged...

16 July 2019 2:12 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.

Underlying trend stays subdued

The upper area of 11625-650 levels is going to be a strong overhead resistance for the market ahead.

16 July 2019 2:04 AM IST

Hyundai sells several low-priced vehicles in India, which could pose a challenge in terms of market positioning for Kia.

Kona SUV to be cheaper on GST cut

Services Tax from the present 12 per cent to 5 per cent on electric vehicles has been shared with the GST Council.

16 July 2019 2:00 AM IST