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The move would free private players Essar Oil and RIL, which currently follow the price set by state-owned companies, to also shift to a dynamic model.

OIL profit dips 96 pc on royalty payments, lower gas price

Company will invest Rs 4,290 crore in current fiscal as against a capex of Rs 4,336 crore in the previous year.

30 May 2017 9:55 AM IST

Sun Pharma shares hit 52-week low, tank over 13 pc

Sun Pharma on Friday reported a 14 per cent decline in consolidated net profit at Rs 1,223 crore for the fourth quarter.

29 May 2017 12:53 PM IST

Reliance communications Chairman Anil Ambani

RCom shares hit record low on fourth-quarter loss

RCom reported a $150 million fourth-quarter loss and worries about its heavy debt load resurfaced.

29 May 2017 10:56 AM IST

For the full fiscal, the company reported a 10.9 per cent rise in net profit to Rs 17,900 crore on flat revenue of Rs 77,907 crore.

ONGC Q4 Net dips 6.2 per cent at Rs 4,340 crore

Company's revenues were up 33.7 per cent to Rs 21,714 crore in the fourth quarter of 2016-17.

27 May 2017 1:39 PM IST

DLF has a land bank of 269 million sq ft, of which 26.9 million sq ft of projects area was under construction at the end of the first half.

DLF posts Rs 136 crore Q4 profit; income down 8 pc

DLF's net profit more than doubled to Rs 694.17 crore from Rs 331.95 crore in the previous year.

27 May 2017 1:21 PM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank's gross NPA divergence Rs 507cr for FY16

Bank assessed its net NPAs at Rs 20,832.91 crore while the RBI's assessment was Rs 20,863.06 crore.

22 July 2017 12:38 PM IST

The SwiftKey is currently at version 2.0, and is one of the most advanced mobile keyboard apps.

Mobiles worth Rs 90,000 crore produced in India in 2016-17: Govt

Basic Customs Duty of 10 per cent has been imposed on cellular mobile handsets and identified parts thereof.

21 July 2017 5:49 PM IST

Trai monitors performance of telecom service providers.

Six telcos underreported revenue by Rs 61,064.5 cr: CAG

CAG report further pointed to a consequent short payment of revenue share to the Government of India to the tune of Rs...

21 July 2017 4:19 PM IST

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.

Indian Bank Q1 profit rises 21 per cent to Rs 372 crore

Chennai-based bank had standalone net profit of Rs 307.35 crore in April-June quarter of 2016-17.

21 July 2017 1:03 PM IST

Vodafone reported a loss of 2.34 billion euro in the same period a year ago.

Vodafone reports better-than-expected 2.2 per cent growth in first...

Company said the rise in organic service revenue, which was ahead of market forecasts of 1.4 to 1.9 per cent.

21 July 2017 12:16 PM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC up 2 pc on Cabinet nod to govt's stake sale in HPCL

Cabinet approved sale of the government's stake in oil refiner HPCL to India's largest oil producer ONGC.

20 July 2017 6:47 PM IST

Reliance Industries Limited

Reliance Industries Q1 profit up 28 per cent

RIL had a net profit of Rs 7,113 crore in April-June of the previous fiscal.

20 July 2017 6:31 PM IST