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Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.

Airtel, Vodafone Idea lose 30 mn customers; Jio adds 9.4 mn users in...

India's total wireless subscriber base fell to 1,161.8 million on March 31, 2019, shedding 21.87 million users over the...

21 May 2019 7:46 PM IST

Virgin Atlantic has taken one of their commuter Boeing 747-400 aircraft, called the Cosmic Girl, and modified it heavily to make the rocket launch possible. (Photo: Virgin Orbit)

Virgin Atlantic to resume Mumbai-London flight from Oct 27

The London-Mumbai flight will be available from booking from May 28 and the services on the route will restart from...

21 May 2019 7:40 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI to create specialised supervisory and regulatory cadre

A decision to this effect was taken at a meeting of the Central Board here under the Chairmanship of RBI Governor...

21 May 2019 7:33 PM IST

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

Job creation up at 8.14 lakh in March: EPFO payroll data

Around 67.59 jobs were generated in the entire 2018-19 fiscal, according to EPFO payroll data.

21 May 2019 6:47 PM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

46 pc ultra high net worth Indians to increase investment in private...

On an average, private equity finds 4 per cent allocation in the overall investment portfolio of Indian UHNWIs.

21 May 2019 6:40 PM IST

L&T market capitalisation to touch Rs 3 lakh crore in five years: AM...

Naik narrated how he aspired to be a manager in L&T and retire when he would get Rs 1,000 salary.

21 May 2019 6:32 PM IST

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

Rupee edges up 2 paise against US dollar as investors turn cautious

A strengthening US dollar, weak domestic equity markets, and surging crude prices weighed on trading, forex dealers...

21 May 2019 6:21 PM IST

George Alexander Muthoot, the managing director of Muthoot Finance said, 60 per cent of the issue is allocated to retail and high networth individual investors.

Muthoot Finance offers loan of up to Rs 10 lakh to salaried class in...

Muthoot Finance will give unsecured loans of Rs 1-10 lakh at an interest rate of 13.5-23 per cent to salaried class...

21 May 2019 6:13 PM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

NCLAT reserves order on ArcelorMittal takeover of Essar Steel

Essar Steel has reported an Ebitda of around Rs 4,000 crore during the over 600 days of insolvency period.

21 May 2019 5:22 PM IST

India has requested the US to exempt it from the hefty tariffs on steel and aluminium imports.

Steel industry stares at production disruption in 2020: Report

The credit profile of merchant miners and thus non-integrated steel players could come under stress.

21 May 2019 5:13 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.

Indices come down from record highs; Sensex slumps 383 points on...

After hitting an intra-day record high of 39,571.73, the 30-share index ended 382.87 points, or 0.97 per cent, lower at...

21 May 2019 4:24 PM IST

Representational image of gold bars.

Gold slides on tepid demand, weak overseas trend

Gold prices fell on slump in demand from local jewellers and a weak trend overseas, according to All India Sarafa...

21 May 2019 3:51 PM IST