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...former French President, Hollande, is countering statement made against him with regard to a conflict of interest in his dealing with the Reliance Defence, Finance Minister Arun Jaitley wrote. (Photo: Twitter | @ANI)

Excessive competition can at times put particular sector under stress:...

Govt wanted effective market players, reasonably optimum in number so that the consumer interest is protected.

5 Nov 2018 3:48 PM IST

Cipla today said its subsidiary in the Netherlands will pump in up to euro 16.8 million (nearly Rs 120 crore) to form a joint venture with its Iranian distributor

Cipla warns of headwinds in second half after second-quarter profit...

Shares of the company declined as much as 7.7 per cent, in their sharpest intraday drop since November 2017.

5 Nov 2018 2:44 PM IST

Jewellery market post-August 23, witnessed a downfall of 40 to 50 percent after PMLA provisions came into effect.

High prices take sheen off gold sales on Dhanteras

Dhanteras is considered to be an auspicious day for buying gold, silver.

5 Nov 2018 2:00 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

FinMin eyes Rs 8,000 cr through CPSE ETF, issue likely by Nov-end

In the earlier three tranches of the ETF, the government had raised Rs 11,500 crore.

5 Nov 2018 1:51 PM IST

IL&FS, which arranged financing for infrastructure projects, has amassed huge debts and has defaulted on payment obligations for some.

Multiple options explored; selling IL&FS as going concern best case...

The government has seized control of IL&FS and ordered an inquiry by the Serious Fraud Investigation Office.

5 Nov 2018 12:42 PM IST

Reliance Industries chairman Mukesh Ambani.

Mukesh Ambani sets up Estonian JV for e-governance; takes up...

A Reliance Industries spokesperson refused to share details of the project or plan.

5 Nov 2018 12:19 PM IST

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

India services sector activity in Oct sees quickest growth since July:...

PMI surveys brought positive news of stronger economic growth at the start of the third quarter of FY 2018-19.

5 Nov 2018 11:25 AM IST

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI puts up 11 NPA accounts for sale to recover Rs 1,019 crore

SBI has reported a hefty loss of Rs 4,876 crore for the June quarter due to higher NPAs or bad loans.

5 Nov 2018 11:19 AM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Petrol price cut by 22 paise; total reduction reaches Rs 4.06 in 19...

Petrol in Mumbai costs Rs 84.06 and diesel Rs 76.67 per litre on Monday.

5 Nov 2018 11:13 AM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

CIC issues show-cause notice to RBI governor Urjit Patel

Show-cause notice to Urjit Patel for

5 Nov 2018 10:48 AM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.

Rupee falls 34 paise against US dollar in early trade

Rupee is trading at 72.79 against the US dollar in early trade at the interbank forex market.

5 Nov 2018 10:18 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Sensex slips below 35,000 in early trade, drops 100 points

The NSE Nifty, too, was trading 39.80 points, or 0.38 per cent, lower at 10,513.20.

5 Nov 2018 10:08 AM IST