Home » Business

Business - Page 910

Mistry announces startup fund on 2nd anniversary of his ouster

The new firm is jointly promoted by Cyrus and his elder brother Shapoor.

25 Oct 2018 10:27 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 tumbles 301 points on global sell-off

NSE Nifty cracked below the 10,200-mark by falling 79.95 points, or 0.78 per cent, to 10,144.80.

25 Oct 2018 10:11 AM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee falls 19 paise against US dollar in early trade

A lower opening of domestic equity market weighed on the local unit.

25 Oct 2018 10:06 AM IST

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

Telcos to keep bleeding, says Moody's

This is despite the fact that the telecom sector has just witnessed a wave of acquisitions and mergers (M&As).

25 Oct 2018 1:34 AM IST

The Sensex opened higher before trading at 26,646.65 at 1100 hours, a loss of 51.17, or 0.19 per cent.

Falling oil helps Sensex crawl back to 34K again

The broader Nifty also managed to end above the 10,200-level.

25 Oct 2018 1:34 AM IST

Indian Oil Corporation (IOC) plans to nearly double oil refining capacity to 150 mt by 2030.

Shares of oil marketing cos jump up to 7.2 pc on easing crude prices

Brent crude prices fell 4.37 per cent, its biggest single-day fall in three months, to USD 76.24 barrel.

24 Oct 2018 6:26 PM IST

SBI chief Arundhati Bhattacharya

Former SBI chief Arundhati Bhattacharya joins Wipro board

Arundhati Bhattacharya has joined board of Wipro as an independent director for a term of 5 years.

24 Oct 2018 5:37 PM IST

Delhi-based Tata-SIA run joint venture carrier, Vistara.

Vistara gets Rs 2,000 crore from Tata Sons, Singapore Airlines

The fund infusion comes at a time when the airline has embarked on ambitious expansion plans.

24 Oct 2018 5:08 PM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Bharti Airtel shares soar nearly 11 pc, m-cap zooms Rs 12,332 cr

Company's market valuation rose sharply by Rs 12,332.65 crore to Rs 1,26,617.65 crore on the BSE.

24 Oct 2018 4:43 PM IST

FMCG firm Wipro Consumer Care and Lighting on Thursday said it plans to invest Rs 220 crore to set up a new manufacturing facility for personal care products in Telangana.

Wipro Q2 net profit drops 14 per cent to Rs 1,889 crore

The net profit, attributable to shareholders, in the year-ago period was at Rs 2,191.8 crore.

24 Oct 2018 4:21 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 rebounds 187 points on easing crude prices, recovery in rupee

Sensex quickly reclaimed the 34,000-mark to scale the session's high of 34,300.97.

24 Oct 2018 4:07 PM IST

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Fibre infra must for unleashing full potential of 5G: Trai chief

Advocating PPP model for creating common shared infrastructure at reduced costs, says Trai chief.

24 Oct 2018 2:51 PM IST