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SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

Shares in SoftBank mobile unit rebound after earlier plunge

The shares were 8.3 per cent down at their lowest point -- 22 per cent below the IPO price.

20 Dec 2018 1:37 PM IST

The magnitude 6.7 quake on Hokkaidos southern coast knocked out power to nearly all 3 million households on the island. (Representational image)

Growing power demand a challange: World Bank

With growing population and rapid urbanisation, the demand for electricity in India will almost triple between 2018 and...

20 Dec 2018 11:41 AM IST

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

Focussed on bringing next 200 mn Indians into e-commerce fold:...

E-commerce continues to happen heavily in the more traditional categories like consumer electronics, fashion,...

20 Dec 2018 11:00 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

Sensex, Nifty open lower after US Fed rate hike

After opening over 250 points down, the 30-share Sensex was trading 166.63 points, or 0.46 per cent, lower at 36,317.70.

20 Dec 2018 10:23 AM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee slips 24 paise against US dollar in early trade

At the Interbank Foreign Exchange, the rupee opened on a weak note at 70.63 against the US dollar.

20 Dec 2018 10:18 AM 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 cuts sales growth forecast

The company is looking to launch a new model soon which it also expects will help to boost sales.

20 Dec 2018 1:26 AM IST

Telecom Commission on Tuesday approved a proposal for allowing mobile phone calls and internet services in domestic and international flights in India.

India ranks 111 in mobile net speed

Speed has improved by 15% last year, but trails behind China, tied with Brazil.

20 Dec 2018 1:26 AM IST

IDFC Limited on Thursday registered a growth of over 65.2 per cent in consolidated net profit at Rs 299.40 crore for Q1.

IDFC Bank, Capital First rise over 4 pc on completion of merger deal

The boards of IDFC Bank and Capital First met to take note of all requisite approvals and the order from National...

19 Dec 2018 5:42 PM IST

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Panel to redraft direct tax laws to focus on simplification

The recommendations of the panel is likely to be included in the final budget for 2019-20.

19 Dec 2018 4:32 PM IST

Gold prices went down by Rs 200 to Rs 31,350 per ten grams at the bullion market on Friday.

Gold slips Rs 210 on sluggish demand

Rupee is trading at Rs 31,850 per 10 gram at the bullion market owing to tepid demand from local jewelers.

19 Dec 2018 2:19 PM IST

Johnson & Johnson has been ordered to pay USD 417 million to a woman who claimed she developed ovarian cancer after using J&Js talcum powder.

Indian drug inspectors seize Johnson & Johnson baby powder: source

Drug inspectors have seized samples of Johnson & Johnson's baby powder from a plant in Himachal Pradesh.

19 Dec 2018 1:57 PM IST

Boeings award of the parts for its flagship space program and Hexcels funding are strategic bets that printed plastics can perform flawlessly even under the extreme stress of a rocket launch and sub-zero temperatures of space.

India will need 2,300 planes worth USD 320 billion in 20 years: Boeing

As much as 85 per cent of the planes would be narrow-body and the rest would be wide-body.

19 Dec 2018 1:20 PM IST