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At the end of the five-day auction, nearly 60 per cent of the spectrum had remained unsold.Business
Telcos under stress due to debt pile, tariff war: Economic Survey

RJio low-cost data services has disrupted market and revenue of incumbent players has fallen.

29 Jan 2018 4:30 PM IST

Steel productionBusiness
India's crude steel production rises 6.2 per cent to 101.4 MT in 2017

Global steel production reached 1,691.2 million tonnes for year 2017, up by 5.3 per cent.

29 Jan 2018 2:26 PM IST

Lava had reported a revenue of USD 1.2 billion in the last fiscal year.Business
Lava to invest over Rs 2,600 crore in manufacturing units in 5 years

Lava will have annual production capacity of 21.6 crore mobile phones which will help us achieve our goal.

29 Jan 2018 11:43 AM IST

Board of Idea Cellular approved raising about Rs 3,250 cr from entities under promoter Aditya Birla Group.Business
Idea Cellular seeks govt nod for raising FDI limit to 100 pc

Foreign investors hold around 27 per cent stake in Idea, as per shareholding pattern of company till December 2017.

27 Jan 2018 1:07 PM IST

The capital infusion of public sector banks is a \big bang reform\ that will support credit growth and job creation, says SBI research report. (Photo: PTI)Business
Small finance, payment banks to expand pension scheme outreach

As on January 23, 2018, there are more than 84 lakh subscribers registered under the APY scheme.

27 Jan 2018 10:57 AM IST

JLR expects the 7-seater fifth generation Land Rover Discovery to boost the sales given the petrol option and the lower prices starting from Rs 71.38 lakh for the petrol option.Business
JLR seeks lower GST on premium sedans, SUVs

GST tax rates at 48 per cent for sedans and 50 per cent for SUVs in premium segment are extremely high.

26 Jan 2018 3:45 PM IST

The price of gas between October 1, 2015 and March 31, 2016 was USD 3.81 per mmBtu and USD 4.66 in prior six month period. (Representational image)Business
Govt nod to RIL, BP acquiring Niko's 10 per cent stake in gas block

RIL is operator of block with 60 per cent interest while BP of UK has the remaining 30 per cent stake.

26 Jan 2018 1:07 PM IST

A canoe is operated by Island Tourism Kadalundi in the river.Business
Need for relook at tax rates to boost tourism sector: Industry

Tourism industry is one of the key drivers in terms of employment generation and inclusive growth.

26 Jan 2018 11:04 AM IST

Company will also wait for wider availability of BS- VI fuel in India before rushing them to launch vehicles complying with the stricter emission norm.Business
Will wait for proper policy before launching EVs in India: JLR

India is looking at 100 per cent EV for public transport and 40 per cent of personal vehicles by 2030.

26 Jan 2018 10:53 AM IST

Over 10 lakh offline merchants across India accept Paytm for payment including taxis, autos, petrol pumps, grocery shops, restaurants, coffee shops, multiplexes, and parking.Business
Paytm to invest Rs 500 crore to create digital awareness

Paytm is hoping to cover one crore merchants across the country in the next three to six months.

26 Jan 2018 10:21 AM IST

According to the US FDA guidelines, a recall under Class-III classification would mean the use of such drug may not cause adverse health consequences. (Photo: AFP)Business
DRL profit drops by 29 per cent in Q3

DRL is one of the several companies that have been facing heat in its key US market.

26 Jan 2018 12:31 AM IST

Maruti SuzukiBusiness
Maruti Suzuki India Q3 profit rises less than expected

Maruti sold a total of 431,112 vehicles during the quarter, up about 11.3 per cent from a year earlier.

25 Jan 2018 5:04 PM IST

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