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Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

HPCL-MRPL merger hits cash hurdle; ONGC rules out share-swap

ONGC, India's biggest oil and gas producer, last year completed acquisition of Hindustan Petroleum Corp Ltd for Rs...

28 April 2019 2:15 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST e-invoice generation system on govt portal on anvil to reduce tax...

The proposed system of e-invoice will eventually replace the requirement of a generation of e-way bill for movement of...

28 April 2019 2:06 PM IST

According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.

Finance Ministry starts consultation with investors to launch global...

DIPAM will start developing the index for the ETF based on investors' feedback.

28 April 2019 1:39 PM IST

In January till date, overseas investors have made a net investment of Rs 11,759.24 crore in equities pushing the benchmark equity indices to their all-time high.

FPIs stay bullish on India for third consecutive month; invest Rs...

Overseas investors had put in a net sum of Rs 45,981 crore in March and Rs 11,182 crore in Feb.

28 April 2019 12:46 PM IST

Leading exchange BSE has revised the circuit limit for the shares of five companies to curb excessive volatility in their prices.

Eight of top-10 firms add Rs 54,152 cr in market capitalisation

The m-cap of TCS jumped by Rs 34,822.13 crore to reach Rs 8,39,896.27 crore.

28 April 2019 12:24 PM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Oil, rupee, Q4 earnings to drive markets in holiday-shortened week...

Investors will continue to track the ongoing quarterly results season and general elections.

28 April 2019 11:57 AM IST

IRL is a concept designed by Walmarts tech incubator Store No. 8, which runs several ventures to test new ideas in retail.

Here are the future stores

Walmart's Intelligent Retail Lab spans 50,000 square feet of retail space and is staffed by more than 100 employees.

28 April 2019 2:21 AM IST

Exporters claim that most of these firms are in the SME segment and dont have the resources to pursue their cases with the tax department.

India further delays retaliatory tariffs on US products: official

The new tariff structure was to come into force from May 2, the spokeswoman said without citing reasons for the delay.

27 April 2019 5:19 PM IST

Award-winning chain of hotels in the value economy and mid-market category through MakeMyTrip and Goibibo platforms.

MakeMyTrip announces change in shareholding between Naspers and Ctrip

Naspers will exchange its entire shareholding in MMYT for newly-issued shares of Ctrip.

27 April 2019 3:42 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Air India to not charge fees for ticket cancellation done on booking...

This facility will be available only if the flight is scheduled at least seven days after the booking date.

27 April 2019 1:35 PM IST

Wheat import duty was raised to 10 per cent to curb shipments. (Photo: PTI)

India hikes wheat import duty to support local farmers

The hike in duty is likely to make imports of wheat unviable for flour mills even after recent declines in global prices

27 April 2019 1:02 PM IST

The FC5 variety has a lower moisture content required to make snacks such as potato chips. ( Photo from Twitter/Lays India)

PepsiCo sues four Indian farmers for using its patented Lay's potatoes

The All India Kisan Sabha, or All India Farmers' Forum, has asked the Indian government to protect the farmers.

27 April 2019 11:43 AM IST