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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, Nifty turn choppy; HCL Tech slumps 4 pc

The broader NSE Nifty was trading below the 11,300 level at 11,285.75.

10 May 2019 10:14 AM IST

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

Rupee slips 13 paise to 70.07 vs USD in early trade

Forex traders said, rising oil prices and strengthening of dollar against rival currencies overseas pulled down Rupee.

10 May 2019 10:09 AM IST

Mindtree offers Smart Alert Management and Smart Reconciliation Management.

L&T acquires additional 2 pc stake in Mindtree; takes total holding to...

L&T had earlier purchased around 20 pc stake of V G Siddhartha and Cafe Coffee Day in Mindtree through a block deal.

10 May 2019 9:31 AM IST

If the communication is clear from the beginning itself, one can avoid several confusions in the future and the claim settlement will be smooth and quick.

Timely communication necessary for hassle-free claim settlement

Clear and timely communication between the insurer and the insured goes a long way in achieving this.

10 May 2019 4:49 AM IST

BMW eyes 100,000 electric car sales in 2017: Sueddeutsche

BMW drives in Mini John Cooper Works at Rs 43.50 lakh

The imported Mini John Cooper Works sits on the apex of hot hatches in India, with no specific rivals as such.

10 May 2019 4:45 AM IST

The New Jersey hub ranked as the worst US airport in the 2019 annual ratings from AirHelp, an organization that specializes in air traveler rights and seeks compensation in cases of delays or cancellations.

Hyderabad airport ranks among world's best

Congestion continues to be the biggest problem facing airports: The flight industry is experiencing a rapid increase in...

10 May 2019 4:38 AM IST

For infrastructure sector, 2019 could be a landmark year in terms of investments. In the first four months of 2019 itself, private equity and venture capital investments in infrastructure sector has surpassed the previous annual high of 2007.

PE infra investment seen soaring this year

The IBC and the recent NCLT resolutions have fundamentally altered borrower behavior.

10 May 2019 4:30 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.

Downtrend seen for short-term

The broader market outperformed the benchmarks with the Mid-Cap down 0.19 per cent and Small-Cap down 0.38 per cent.

10 May 2019 4:25 AM IST

After the selection of Member (Non-life), the Insurance Regulatory and Development Authority of India (IRDAI) is all set to appoint the Member (Life) soon.

Two in race for key Irdai post

According to a Finance Ministry source, eight candidates appeared for the interview for the post.

10 May 2019 4:21 AM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Early gold bond buyers reap handsome returns

The government till now has come out with 27 issues of gold bond and the total quantum of gold bought through these...

10 May 2019 4:17 AM IST

The new version has a delivery period of six to 10 weeks, according to the website, which would customers eligible for the current $7,500 US tax credit if they take delivery by the end of the year. The tax credit for Tesla cars will drop by half on Jan. 1.

Natural gas vehicles likely to account for 50 pc of total new sales by...

As an automobile fuel, natural gas is a proven tech in providing better air quality, sustainability and...

9 May 2019 5:56 PM IST

The SpiceJet added that Some passengers were moved to flights of other airlines while the rest travelled by the scheduled SpiceJet flight.

SpiceJet says will offer business class on select routes from May 11

SpiceJet will offer the service on airctaft operating on routes from Delhi, Mumbai, Kolkata, Chennai, Hyderabad and...

9 May 2019 5:36 PM IST