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Portfolio management services (PMS) that mainly carter to high net worth individuals (HNIs) are facing redemption pressure, as investors are pulling out money from the schemes.

Sensex falls over 150 pts; Nifty slips below 10,900 level

The 30-share barometer was trading 191.15 points, while the NSE Nifty was trading down by 48.80 points.

11 Feb 2019 11:04 AM IST

Union defence minister Nirmala Sitharaman addresses the 90th annual general meeting of Ficci in New Delhi. (Photo: PTI)

Hiring and production outlook improves in manufacturing: FICCI

FICCI's latest quarterly survey assessed the sentiments of manufacturers for 11 major sectors namely automotive, capital...

11 Feb 2019 9:17 AM IST

Philips oral healthcare portfolio falls under five categories: power toothbrushes; brush heads; interdental cleaning; oral hygiene; and whitening.

Philips to enter oral care market

While the global oral care market, valued at $40.63 billion in 2016, is estimated to reach $63.48 billion by 2023.

11 Feb 2019 7:11 AM IST

Developed as the ultimate sports roadster to transform mere travel into a playful ride, CB300R is pure fun to ride and an absolute joy to own.

Honda brings premium bike CB300R at Rs 2.41 lakh

Priced at Rs 2.41 lakh at pan-India showroom, the CB300R bike is its second Neo Sports Caf© offering in India.

11 Feb 2019 7:08 AM IST

Portfolio management services (PMS) that mainly carter to high net worth individuals (HNIs) are facing redemption pressure, as investors are pulling out money from the schemes.

Wealthy retreating from PMS schemes

Redemptions add to stock volatility

11 Feb 2019 7:06 AM IST

As circular trading was becoming rampant in the import of cut and polished diamonds, the government increased duties twice last year to check this.

Circular trading in diamonds back

Since October, the import of cut and polished diamonds has started coming down drastically.

11 Feb 2019 7:05 AM IST

Tata Starbucks is planning three Starbucks cafe stores in Kolkata in early 2018.

Starbucks to add around 10 stores this fiscal

Starbucks is increasing the number of 'stores as its getting overall good consumer response, said Tata Global Beverages...

10 Feb 2019 4:19 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 plans Rs 20K cr network investment over next 15 mths

In next 15 months we are looking at capex deployment of Rs 200 billion," Vodafone Chief Financial Officer Akshaya...

10 Feb 2019 4:15 PM IST

Housing and Urban Affairs Ministry. (Photo: File)

Govt considering to allow 'mobile shop' in country: HUA ministry

under the mobile shop concept, the owner will be given license to do the mobile street vending: D.S.Mishra.

10 Feb 2019 4:12 PM IST

TRAI has also asked platform operators to revert, in two days, with special schemes and plans for households with multiple TV connections.

Nine crore TV homes migrate to new tariff regime: Trai chief

nine crore TV homes that have made their channel preferences clear, 6.5 crore are cable TV homes and 2.5 crore are DTH...

10 Feb 2019 4:09 PM IST

Between 2000 and 2016, British FDI created 371,000 jobs 10 per cent of all jobs created by FDI.

Amid unemployment chorus, Budget claims over 379k new jobs in govt...

The government said it has generated 251,279 jobs in central government establishments between 2017 and 2018.

10 Feb 2019 4:06 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

Govt move to unlock ONGC, OIL gas

Govt's plan to offer PSUs special incentives for natural gas discoveries in difficult, unviable areas will raise natural...

10 Feb 2019 4:04 PM IST