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Walmart will invest Rs 900 crore to open 15 outlets catering to wholesalers in Maharashtra.

Walmart submits details of tax deducted from Flipkart investors

Walmart on September 7 paid Rs 7,439 crore tax on payments it made to buy out shares of 10 major shareholders of...

4 Oct 2018 8:22 AM IST

Railway Minister Suresh Prabhu (Photo: PTI)

Suresh Prabhu to head panel on rupee

The trade deficit was at a five-year high of $18.02 billion in July. It came down to $17.4 billion in August.

4 Oct 2018 12:56 AM IST

RCom gets TDSAT breather on Spectrum

The Anil Ambani promoted RCom noted it had challenged the unjustly sought security for the alleged demands

4 Oct 2018 12:46 AM IST

Federation of Indian Export Organisations

FIEO flags global protectionism

He said that on domestic front, flow of credit to export sector is a huge issue as export credit declined by over 41 per...

4 Oct 2018 12:29 AM IST

State-owned Central Bank of India, one of the key shareholders of debt-ridden IL&FS Ltd, is unlikely to participate in the proposed Rs 4,500 crore rights issue of the company, according to sources.

Central Bank of India may not participate in rights issue of IL&FS

Central Bank of India had 7.67 per cent stake in IL&FS at the end of March 2018.

3 Oct 2018 7:53 PM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.

RBI allows oil marketing firms to raise USD 10 billion from overseas

OMCs will now be able to raise external commercial borrowing for working capital purposes.

3 Oct 2018 7:44 PM IST

India, which is worlds second-biggest wheat producer, is looking to hinder wheat imports at a time when farmers are harvesting their crops.

Cabinet hikes wheat MSP by Rs 105 per quintal for 2018-19

Government announced 6 per cent hike in support price of wheat at Rs 1,840 per quintal.

3 Oct 2018 7:31 PM IST

Shares of Federal Bank on Tuesday surged over 19 per cent after the company registered a 25 per cent increase in its net profit for first quarter of the current fiscal.

Federal Bank fined Rs 5 crore for non-compliance of RBI norms

The lender was found to have not complied with RBI directions on reporting of data on CRILC.

3 Oct 2018 7:24 PM IST

The Dahisar-Mira Bhayander route will be 10.41 km long elevated corridor and will have 11 stations, while the extension of Metro 7 Andheri-CSMI airport (Metro 7 A) will be 3.17 km long in which 2.11 km will be underground. (Representational image | PTI)

Tata-Siemens consortium wins bid for Pune Metro project

The elevated metro line will originate from Hinjewadi Rajiv Gandhi Infotech Park, travel via Balewadi to Shivajinagar.

3 Oct 2018 7:19 PM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Investor wealth plunges Rs 1.71 lakh crore as stocks tumble

The BSE barometer plummeted 550.51 points, or 1.51 per cent, to end at 35,975.63.

3 Oct 2018 7:12 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

Ericson row: RCom says relief from TDSAT, can proceed with spectrum...

The debt-laden firm pointed out that 38 secured lenders of the group have already approved the sale of the said...

3 Oct 2018 5:37 PM IST

Suzuki Motorcycle India on Wednesday launched its global flagship bikes - RM-Z250 and RM-Z450 - in India priced at Rs 7.10 lakh and Rs 8.31 lakh, respectively (ex-showroom Delhi). (Photo: Youtube)

Suzuki Motorcycle drives in RM-Z250, RM-Z450 bikes to India

RM-Z250 and RM-Z450 - in India will be priced at Rs 7.10 lakh and Rs 8.31 lakh, respectively.

3 Oct 2018 5:25 PM IST