Business news

Saudi Aramco proposes mammoth expansion in India; to purchase 20% stake in RIL oil, chemicals

Aramco has entered into a non-binding letter of intent with Reliance Industries Limited on August 12, 2019, to purchase a 20 per cent stake in its oil to chemicals division.

Nov 11, 2019

nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Market outlook: Liquidity flows, healthy Q2 expected to push equities higher

Next week, companies like Adani Ports, Coal India, Hindalco, India Cements and Vodafone Idea amongst others are expected to announce their quarterly results.

Nov 10, 2019

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Saudi Aramco prospectus flags risks, gives few details on IPO size

The more than 600-page prospectus did not include details of how much of the company would be floated in total.

Nov 10, 2019

Will Mukesh Ambani play protective big brother to Anil against Chinese banks?

Three Chinese banks have taken Anil Ambani to London court over $680 million default on loan to defunct Reliance Communications Ltd; Banks claim the embattled tycoon gave a personal guarantee to the loans

Nov 9, 2019

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

All companies that have a telecom licence are worried as DoT has begun examining if the SC order that has roiled mobile service firms Vodafone and Airtel may be applicable to other firms.

Nov 7, 2019

Infosys layoff: IT firm fires non-performing techies, denies reports of massive job cuts

The company has not disclosed how many such employees were fired in the recent past.

Nov 6, 2019

Will Gautam Adani bag crown jewel Mumbai airport to add to 6 airports in kitty?

Adani Properties wants the deadline for closing the deal to acquire Bidvest's 23.5% stake in Mumbai airport pushed to February 7; time granted to airport's majority shareholder GVK to enforce the first right of refusal ends on Thursday.

Nov 6, 2019

Market today: Sensex scales fresh record to reach 40,500; Nifty inches closer to 12,000

The surge was led by gains in Infosys, Kotak Mahindra Bank, ICICI Bank, IndusInd Bank, Larsen & Toubro, Sun Pharma and HDFC Bank.

Nov 6, 2019

Government to facilitate onion imports from Iran, Egypt & Turkey amid soaring prices

This decision was taken at a meeting of the inter-ministerial committee headed by Consumer Affairs Secretary Avinash K Srivastava on November 5, reviewing the prices and availability of onions in the country.

Nov 6, 2019

Is realty sector next in line for Finance Minister Sitharaman's booster shot?

FM Sitharaman claimed the government and the RBI are working to resolve issues the realty sector is facing.

Nov 6, 2019

Petrol prices fall for 5th consecutive day, diesel price unchanged: Check latest rates in key cities

The Indian oil website shows the petrol rates in Delhi, Kolkata, Mumbai and Chennai -- Rs 72.60/litre, Rs 75.32/litre, Rs 78.28/litre and Rs 74.45/litre respectively.

Nov 5, 2019

Explainer: Why LIC plans to scrap high-yielding schemes from November 30

LIC's insurance agents are pushing the existing products hard, asking customers to buy them before they close on November 30.

Nov 4, 2019

Will official panel proposals help telecom sector survive blow of huge levies?

The official panel may recommend measures to give respite to telecom players Vodafone Idea and Bharti Airtel without which the two may become unviable leaving the field clear for Reliance Jio.

Nov 4, 2019

Petrol, diesel prices fall for 4th consecutive day, check latest price in your city here

Diesel prices were reduced by five paise in Delhi, three paise in Kolkata and Mumbai, and two paise per litre in Chennai.

Nov 4, 2019

Infosys says no prima facie evidence found on whistleblower complaints

In a letter to the National Stock Exchange dated November 2, the company said the anonymous complaints were still under investigation.

Nov 4, 2019

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Business news

Saudi Aramco proposes mammoth expansion in India; to purchase 20% stake in RIL oil, chemicals

Market outlook: Liquidity flows, healthy Q2 expected to push equities higher

Saudi Aramco prospectus flags risks, gives few details on IPO size

Will Mukesh Ambani play protective big brother to Anil against Chinese banks?

AGR ruling: Firms with telecom licence tense fearing Rs 2.8 lakh crore DoT dues

Infosys layoff: IT firm fires non-performing techies, denies reports of massive job cuts

Will Gautam Adani bag crown jewel Mumbai airport to add to 6 airports in kitty?

Market today: Sensex scales fresh record to reach 40,500; Nifty inches closer to 12,000

Government to facilitate onion imports from Iran, Egypt & Turkey amid soaring prices

Is realty sector next in line for Finance Minister Sitharaman's booster shot?

Petrol prices fall for 5th consecutive day, diesel price unchanged: Check latest rates in key cities

Explainer: Why LIC plans to scrap high-yielding schemes from November 30

Will official panel proposals help telecom sector survive blow of huge levies?

Petrol, diesel prices fall for 4th consecutive day, check latest price in your city here

Infosys says no prima facie evidence found on whistleblower complaints

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]