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ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC seeks market freedom to open India's 8th sedimentary basin

India has 26 sedimentary basins, of which only seven have commercial production of oil and gas.

30 July 2017 11:19 AM IST

Samsung said it would expand its share buyback after completing a record 11.4 trillion won ($9.8 billion) of repurchases this year.

Samsung surpasses Intel to become top chipmaker in terms of revenue

Samsung reported record-high profit and sales in its earnings report for the April-June quarter.

28 July 2017 7:12 PM IST

As with the first plant, the second plant will also be owned and operated by Foxconn to manufacture phones exclusively for Xiaomi.

Xiaomi gains new $1 billion loan to drive retail push, expansion...

Xiaomi signed a deal for a new $1 billion loan to accelerate its drive into brick-and-mortar stores and help a push...

28 July 2017 2:02 PM IST

ICICI Banks USD 7.5 billion global medium-term notes programme.

ICICI Bank shares dip 3 per cent after Q1 results

Bank's net profit in the corresponding April-June quarter of 2016-17 stood at Rs 2,515.85 crore.

28 July 2017 12:22 PM IST

Diversified conglomerate ITC on Thursday reported an increase of 7.37 per cent in standalone net profit to Rs 2,560.50 crore for Q1.

ITC shares up over 2 per cent post Q1 results

ITC's net sales during period under review was up 4.29 per cent to Rs 13,722.21 crore as against Rs 13,156.68 crore.

28 July 2017 12:16 PM IST

Zomato is encouraging its customers to change their account password, if used for any other services, to avoid risks.

Zomato shares a ride with Ola

Zomato partner restaurants will also set up special zones, where customers can book an Ola.

27 July 2017 4:10 PM IST

The Maruti Suzuki plant suffers damage and the police later books 147 workers in connection with the case. They are later charged with conspiracy to commit murder, arson and rioting.

Maruti Q1 net profit grows 4.4 pc to Rs 1,556.4 cr

Net sales rose 16.7 per cent to Rs 17,132.4 crore from Rs 14,654.5 crore a year earlier.

27 July 2017 2:54 PM IST

LeEcos decision to abandon its acquisition of the Vizio comes after its declaration of cash strapped situation last November.

LeEco's Coolpad says lawsuit filed against unit over loan due next...

LeEco is grappling with the fallout of expanding too fast, has been under growing pressure from its creditors and...

27 July 2017 12:58 PM IST

The policy aims to achieve USD 300 billion (over Rs 20 lakh crore) worth of textile exports by 2024-25 and create an additional 35 million jobs.

Govt sets $45 billion textiles exports target for FY18

Country's overall textiles and garments exports during 2015-16 stood at USD 40 billion.

22 May 2017 8:27 PM IST

No private airline flies to the city. Shortly after this government took over, a buffalo walked into the Surat airport and an airplane crashed into it, damaging its jet engine. (Representational image)

Aviation sector earnings set to fly high in Q1 FY18

Service tax on economy class air travel has been lowered from 6 per cent to 5 per cent under the GST regime.

22 May 2017 7:04 PM IST

The company had reported a net profit of Rs 40.29 crore in the corresponding quarter a year ago

Just Dial Q4 net profit down 37 pc at Rs 25 crore

Total income from operations during the quarter under review stood at Rs 194.34 crore.

20 May 2017 2:20 PM IST

L&T Power bags Rs 300 crore export job orders

The stock of L&T was trading at Rs 1,704.45, down 1.01 per cent, on the BSE.

19 May 2017 12:55 PM IST