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Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Indian Oil Corp seeks six LNG cargoes for April-Dec delivery: sources

The refiner was seeking the cargoes on a delivered ex-ship (DES) basis, one of the sources said.

14 Jan 2020 11:00 AM IST

Amazon has since not responded to further requests for comment. (Representational image/ Photo: AFP)

India orders antitrust probe of Amazon, Walmart's Flipkart

Walmart in 2018 invested USD 16 billion to buy a majority stake in India's Flipkart, its biggest ever deal.

14 Jan 2020 10:57 AM IST

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

Walmart sacks around 50 executives in India restructuring: sources

The move underscores the struggles Walmart has faced in expanding its wholesale business in India.

13 Jan 2020 11:02 AM IST

The Competition Commission has found a prima facie case for investigation against MakeMyTrip-Go and Oyo for alleged violation of the Competition Act, 2002.

Tax officials conduct surprise search at SoftBank-backed Oyo

In November, internal projections showed Oyo's India business will likely make losses until 2021.

11 Jan 2020 11:03 AM IST

Infosys has increased its revenue growth guidance for FY20 to 8.5-10 per cent in constant currency.

Infosys probe finds no evidence of misconduct after whistleblower...

Company earlier said it expected revenue to grow between 10 pc and 10.5 pc on a constant currency basis in the year...

11 Jan 2020 10:46 AM IST

Acko uses a direct-to-consumer approach for distributing motor insurance, allowing for favourable risk selection and superior underwriting.

Acko's new inclusive HR policy extends benefits to partners of LGBTIQ...

Acko joins just a handful of Indian startups who are taking measures to create a diverse and inclusive workplace for...

10 Jan 2020 1:50 PM IST

Indian overseas bank

Govt raises authorised capital of Indian Overseas Bank to Rs 25,000 cr

Shares of the bank were trading at Rs 11.30 apiece on the BSE.

10 Jan 2020 1:26 PM IST

Cyrus Mistry. (Photo: File)

SC stays NCLAT order restoring Cyrus Mistry as chairman of Tata Group

TSPL challenged the December 18 decision of NCLAT that gave a big relief to Cyrus Investment Pvt Ltd and Mistry.

10 Jan 2020 12:25 PM IST

Zomatos top shareholder Info Edge (India) Ltd said in a filing on Friday that after the funding its stake will drop to about 25.13 per cent.

Zomato to raise USD 150 million from investor Ant Financial

Zomato confirmed that the USD 150 million fundraise was part of a larger round, but did not give further details.

10 Jan 2020 11:32 AM IST

Maruti Suzuki India (MSI) is quietly gaining presence in the light commercial vehicle (LCV) space with its Super Carry mini-truck registering over ten-fold jump in sales in 2017-18.

India reviewing anti-trust complaint against Maruti Suzuki: sources

Indian law says such practices are anti-competitive if they end up stifling competition and limiting consumer choices.

10 Jan 2020 10:21 AM IST

Ghosn has not been formally charged over these allegations. (Photo:AP)

Fugitive ex-Nissan boss Ghosn hits out at carmaker and Japan

Ghosn, 65, fled Japan last month as he was awaiting trial on charges of under-reporting earnings.

9 Jan 2020 3:24 PM IST

Prime Minister Narendra Modi

PM Modi meets economists, experts at Niti Aayog

Among others, the meeting is being attended by Home Minister Amit Shah and other cabinet ministers.

9 Jan 2020 1:18 PM IST