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Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

LIC's open offer for 26 pc stake in IDBI Bank to begin from December 3

The open offer, at Rs 61.73 per equity share, will close on December 14.

11 Oct 2018 7:15 PM IST

Mahindra India has finally revealed the launch date of its upcoming MPV, the Marazzo.

Mahindra inks pact with Castrol for supply of engine lubricants

Mahindra will endorse a range of Castrol products which include aftermarket engine oils and transmission fluids.

11 Oct 2018 7:07 PM IST

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

Rupee recovers after slumping to record low, up 9 paise against US...

Softening crude oil prices and the greenback weakening against other currencies provided support to the home unit.

11 Oct 2018 7:02 PM IST

Prime Minister Narendra Modi on Thursday allayed fears of job loss due to technological development, saying the 4th Industrial Revolution will change the nature of jobs and provide more opportunities. (Photo: Youtube)

4th Industrial Revolution to change nature of jobs: PM Modi

Artificial intelligence, machine learning, Internet of Things, blockchain and big data hold potential to take India to...

11 Oct 2018 6:05 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST 'most complex', needs massive fixing: Punjab Finance Minister

The way India designed its GST, I would actually give it 2 out of 10, says Manpreet Singh Badal.

11 Oct 2018 5:42 PM IST

Revenue of Tata Consultancy Services was up 8.7 per cent at Rs 29,735 crore in the third quarter of 2016-17.

TCS net profit up 22.6 pc to Rs 7,901 crore in July-September quarter

The company has declared a dividend of Rs 4 per share.

11 Oct 2018 5:32 PM IST

Bank of India has cut MCLR rates by 0.05-0.10 per cent for various tenors from September 10. Photo: PTI

Bank of India raises MCLR rates by 0.05 pc on two tenures

Punjab National Bank also increased its benchmark lending rates or MCLR last week.

11 Oct 2018 5:17 PM IST

Hindustan Petroleum also fell to its 52-week low of Rs 165.45, down 25 per cent over its last closing price.

Govt will not ask oil companies to further subsidise fuel prices:...

While OMCs will continue to enjoy marketing freedom, upstream oil producers like ONGC would not be asked to share fuel...

11 Oct 2018 5:05 PM IST

The European Union data protection laws will cover large tech companies like Google, Twitter and Facebook that use personal data as an advertising goldmine, as well as firms like banks and also public bodies. (Photo: Pixabay)

IT Ministry gets over 400 responses on draft personal data protection...

Some suggestions were around the costs surrounding mandatory localisation or storage of data, that the bill proposes.

11 Oct 2018 4:31 PM IST

Krishnapatnam Port Company Limited (KPCL) aims to handle 55 million tonnes of cargo during the current fiscal as against 45 million tonnes last year, a top executive of the port said here on Friday.

Cargo traffic at major ports rises 5 per cent in April-September

The highest growth of 19.66 per cent was registered by Kamarajar Port.

11 Oct 2018 4:17 PM IST

The Nifty scaled 108.35 points to end the day at 10,491.05 while the Sensex soared 322.65 points to end the day at 34,142.15.

Sensex crashes over 750 points; Nifty ends below 10,300 on global rout

The gauge finally ended 759.74 points, or 2.19 per cent, lower at 34,001.15.

11 Oct 2018 4:09 PM IST

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

Market, rupee slump due to external factors; govt to take action:...

The government will take action at an appropriate time to check widening CAD

11 Oct 2018 3:18 PM IST