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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

WTO member countries should first focus on finding permanent solution for the food security purposes and providing protection to poor farmers.

Singapore, Canada seek to join WTO consultations over India's ICT...

According to a communication of WTO, both countries have stated that they have a substantial trade interest in ICT...

21 May 2019 3:32 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 topples IOC to become the biggest Indian company

Reliance in the 2018-19 fiscal year that ended March 31, reported a turnover of Rs 6.23 lakh crore.

21 May 2019 2:36 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

FinMin asks AAI to issue shares against govt funding of Rs 656 crore

Last fiscal, AAI was asked to transfer its entire profit of 2017-18 to the exchequer as dividend.

21 May 2019 1:57 PM IST

Jet Airways did not commission the creative being shared on social media platforms, in context of a recent event concerning another domestic airline, the statement said. (Photo: AFP/File)

Jet Airways' employees hold protest outside Civil Aviation Ministry

The protests come amid the State Bank of India-led consortium of lenders struggling to find a buyer for the airline.

21 May 2019 1:33 PM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

NCLAT to hear online vendors' plea against CCI order on Flipkart

NCLAT has also approved the delay of 12 days in filing appeal against the order of the CCI.

21 May 2019 1:13 PM IST

Tata Motors loss after tax widened to Rs 1,046 crore in the third quarter of 2016-17, from Rs 137 crore a year ago.

Tata Motors shares fall 6 pc post quarterly results

The scrip, after a weak opening at Rs 186.60, further dropped 6.10 per cent to Rs 178.40 on the BSE.

21 May 2019 1:07 PM IST