Business news

Reliance Industries reports 39% rise in Q3 net profit

The turnover was Rs.73,341 crore, down 23.9% from Rs.96,330 crore, YoY.

Jan 19, 2016

Indian Railways plans to cut costs without hiking fares: Report

The railways witnessed freight traffic staying 7% below the target set for the April-December period last year.

Jan 19, 2016

IPOs lined up despite market mayhem

Volatile market conditions are not a big worry for reasonably priced IPOs by good quality companies, said experts.

Jan 19, 2016

Tata Motors may bag Rs 350 crore order for military trucks

The new order would be in addition to the previous order for 1, 239 trucks at a cost of Rs 940 crore.

Jan 19, 2016

ITC's YiPPee! close to emerging as Rs 1,000- crore brand following Maggi controversy

After the Maggi ban, ITC had come out with a timely advertising campaign centered on quality and safety.

Jan 19, 2016

Supreme Court restrains Centre from selling residual stake in Hindustan Zinc

The apex court questioned the decision to sell stake in a company that deals with strategic minerals.

Jan 19, 2016

Tata Motors, Adani Ports, Axis Bank, L&T lead rally on Indian stock markets

The Sensex ended at 24,479.84, a gain of 291.47 points, or 1.21%. The Nifty was up 84.10 points, or 1.14%, at 7,435.10.

Jan 19, 2016

Fabindia sales cross Rs 1,000 crore mark, becomes India's largest retail apparel brand

During the fiscal year 2014-15, the textile company witnessed a 12% rise in sales worth Rs 1,148 crore.

Jan 19, 2016

Paytm to commence payments bank services this summer

The company will have its banking headquarters in Noida (NCR).

Jan 19, 2016

Reliance Jio, Reliance Communications ink deal to share and trade spectrum

Mukesh Ambani's Reliance Jio will buy 800 MHz spectrum from Anil Ambani's RCom in 9 circles and share in 17 circles.

Jan 18, 2016

Tata Motors appoints Airbus COO Guenter Butschek as its CEO & MD

Guenter Butschek will assume his new role on 15 February 2016.

Jan 18, 2016

MakeMyTrip under scanner for service tax evasion of Rs 75 crore

The DGCEI registered a case against the company and also arrested a senior executive who was later released on bail.

Jan 18, 2016

Govt hikes import tariff on gold, silver

The tariff value is up by $ 9 per 10 gm on gold and $5 per kg on silver.

Jan 18, 2016

Mindtree declares 1:1 bonus, revenues up 2.3% in Q3; Bagchi steps down in management rejig

Rostow Ravanan will replace Krishnakumar Natarajan as the new MD& CEO.

Jan 18, 2016

Wipro misses Q3 IT revenue guidance, net profit up 2% at Rs 2,234 crore

The IT revenues were impacted by Chennai floods that disrupted its operations, the company said.

Jan 18, 2016

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Business news

Reliance Industries reports 39% rise in Q3 net profit

Indian Railways plans to cut costs without hiking fares: Report

IPOs lined up despite market mayhem

Tata Motors may bag Rs 350 crore order for military trucks

ITC's YiPPee! close to emerging as Rs 1,000- crore brand following Maggi controversy

Supreme Court restrains Centre from selling residual stake in Hindustan Zinc

Tata Motors, Adani Ports, Axis Bank, L&T lead rally on Indian stock markets

Fabindia sales cross Rs 1,000 crore mark, becomes India's largest retail apparel brand

Paytm to commence payments bank services this summer

Reliance Jio, Reliance Communications ink deal to share and trade spectrum

Tata Motors appoints Airbus COO Guenter Butschek as its CEO & MD

MakeMyTrip under scanner for service tax evasion of Rs 75 crore

Govt hikes import tariff on gold, silver

Mindtree declares 1:1 bonus, revenues up 2.3% in Q3; Bagchi steps down in management rejig

Wipro misses Q3 IT revenue guidance, net profit up 2% at Rs 2,234 crore

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