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Maruti to stop selling diesel cars from April 2020

Diesel cars constitute about 25 to 30 per cent of all Maruti Suzuki sales.

26 April 2019 6:36 AM IST

The rules of the new insolvency regulations to bring individual businesses under its purview are likely to be in place soon. (Representational Image)

Stressed assets resolution: RBI mulls giving 60 days additional time...

Against backdrop of the Supreme Court quashing an RBI circular, a revised set of rules would be released soon.

25 April 2019 7:54 PM IST

The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.

Vodafone Idea needs more fund in FY19 to finance spectrum repayments:...

Vodafone Idea is in the process of raising Rs 25,000 crore through a rights issue.

25 April 2019 7:42 PM IST

The Mahavitaran company has offered to waive the fine and interest on the electricity charges under the scheme. (Representational image)

Higher tariff in auction for mid-term PPA auction positive for power...

Government had brought the scheme to give relief to coal-fired power plants which were operational but starving for...

25 April 2019 7:34 PM IST

Apis Partners to invest USD 110 mn in L&T Infra Debt Fund

L&T IDF has a loan book of Rs 8,000 crore and the investment will help grow the book, an official statement said.

25 April 2019 7:20 PM IST

WNS revenue increased by 3.84 per cent to USD 210.5 million, against USD 202.7 million in the year-ago quarter.

WNS profit after tax rises 21.2 pc to USD 29.7 million in March...

The company had posted a profit after tax (PAT) of USD 24.5 million in the corresponding period a year ago.

25 April 2019 7:03 PM IST

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

Rupee dives to 6-week low as crude spikes above USD 75 per barrel

Besides, a strengthening dollar against some major currencies also weighed on the Rupee, forex dealers said.

25 April 2019 6:46 PM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.

Maruti Suzuki shares fall over 2 per cent after Q4 results

The company reported a 4.6 per cent decline in net profit to Rs 1,795.6 crore for the fourth quarter.

25 April 2019 5:12 PM IST

Instead, gold was replaced by the dollar standard, with the proviso that dollars could be exchanged for gold.

TPCI to partner US Embassy to promote 'Select USA 2019' investment...

The summit, dedicated to promote foreign direct investment in America, will be held from June 10-12 in Washington DC.

25 April 2019 4:38 PM IST

Uber has been seeking new avenues of growth, including food delivery services, even as it battles intense competition in its core business of ride hailing.

Mahindra & Mahindra to deploy 50 electric vehicles on Uber platform

Mahindras electric vehicles on the Uber platform would include the e2oPlus hatchback and the eVerito sedan.

25 April 2019 4:37 PM IST

With 304 investments worth about $1 billion, the Information Technology and IT-enabled services industry was most favoured by VC investors during 2016.

PE/VC fund inflows cross USD 7 billion mark in March: Report

Brookfields USD 1.9 billion buyout of RILs East-West Pipeline was the largest deal during the month.

25 April 2019 4:08 PM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex slumps 324 points; Nifty drops below 11,650 on F&O expiry

The Sensex finished at 38,730.86, down by 323.82 points, or 0.83 per cent.

25 April 2019 4:04 PM IST