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Bhushan Steel Ltd, acquired by Tata Steel under corporate resolution process, said today that its board of directors has approved the appointment of T V Narendran as chairman and non-executive additional director of the company.Business
JSW Steel most likely winner for Bhushan Power

CoC may wait till October 22 when Tata Steel's plea challenging re-bids will come up for hearing before NCLT.

16 Oct 2018 10:01 AM IST

State-owned Bharat Sanchar Nigam Ltd (BSNL) has approached the Communications Ministry for recovery of its outstanding dues from the troubled telecom firm Aircel, which recently filed for bankruptcy.Business
BSNL staff go for money pooling,   la crowd-funding

The SSA management has reviewed the prevailing situations and explored all possibilities to get funds.

16 Oct 2018 9:54 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)Business
Rupee softens 9 paise against US dollar in early trade

At the Interbank Foreign Exchange, the domestic currency opened higher at 73.79 but lost ground and fell to 73.92.

16 Oct 2018 9:46 AM IST

Iran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions, industry sources said, a move that would help Tehran continue supplying its second biggest oil client.Business
India readies oil strategy as US sanctions on Iran near

Fresh assurances were given that oil supplies would not be an issue in the case of India.

16 Oct 2018 9:41 AM IST

The government has denied the Congress charge that there is a huge scam in the procurement of 36 Rafale fighter jets from France. (Photo: Representational | AP)Business
Dassault to deliver Rafale fighter jets to India from 2019: CEO

India signed a deal with Dassault in 2016 for the transfer of 36 Rafale jets but the deal has since faced criticism.

16 Oct 2018 8:42 AM IST

Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)Business
Amazon India say services boosting large appliance sales

The bulk of orders for goods such as washing machines and refrigerators came from India's smaller towns and cities.

16 Oct 2018 8:37 AM IST

Inflation in onion continued to rule high at 42.22 per cent and in potato at 43.25 per cent.Business
Inflation hits 5.13 per cent on hardening of food price

The Reserve Bank uses retail inflation data to set the monetary policy in the country.

16 Oct 2018 2:40 AM IST

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.Business
India Inc posts over 2 per cent negative growth in exports

Exports in September 2018 were $27.95 billion, as compared to $28.57 billion in September 2017.

16 Oct 2018 2:40 AM IST

Ecommerce firms too see a major bump up in sales during Dussehra and Diwali.Business
Festive sales see etailers burn $500m in discounts

An increase in the number of tier II shoppers was one of the main reasons behind the growth of festival season sales...

16 Oct 2018 2:40 AM IST

Earlier in the day, a case was registered against the Ola cab driver. (Representational Image)Business
CCI approves founders additional share purchase in Ola

Merger and acquisitions beyond a certain threshold require the approval of the CCI.

15 Oct 2018 7:26 PM IST

The government will be able to provide electricity connections to all households by December as per the target under the Saubhagya scheme, Power Minister R K Singh said Tuesday.Business
States to get Rs 100 cr award for being efficient under Saubhagya...

Saubhagaya scheme was launched by Prime Minister Narendra Modi last year in September.

15 Oct 2018 7:21 PM IST

On Tuesday, the Indian rupee closed the session on a flat note at 69.83 a dollar.Business
Rupee slumps 26 paise to 73.83 on rising crude prices

Rupee continued to be under pressure as oil prices started to move-up.

15 Oct 2018 6:33 PM IST

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