Business

Domestic equity markets provided double-digit percentage returns in Samvat 2075 - the year from Diwali 2018 to Diwali 2019. The S-P BSE Sensex index added 4,066.15 points in Samvat 2075, marking a return of 11.62 per cent, while the broader NSE Nifty benchmark

Jewellers and retail consumers boosted gold demand in India this week as they stepped up purchases for the festivals of Dhanteras and Diwali, while higher prices dimmed activity in other Asian hubs.

Dhanteras, one of the busiest gold buying days, when demand peaks as bullion is considered

Twitter stock tanked nearly 20 per cent on Thursday after it missed Wall Street estimates but beat expectations on users' growth in its third quarter of 2019.

The micro-blogging platform registered $824 million in revenue -- an increase of 9 per

Muhurat trading 2019: Domestic stock markets will open for a special one-hour session on account of Diwali. Every year, the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) conduct a special session on Diwali. The trading window -

The investigations unit of Competition Commission of India have concluded that Anheuser-Busch InBev, Carlsberg and United Breweries colluded to fix beer prices, two people with direct knowledge told Reuters.

The Competition Commission of India (CCI) launched the investigation after AB InBev told the watchdog it had detected an industry

The Ministry of External Affairs (MEA) on Thursday announced that India will launch RuPay card in Saudi Arabia during Prime Minister Narendra Modi's visit to the country to help the Indian pilgrims visiting Mecca Madina.

With this, Saudi Arabia would become

Any immediate payment of dues by telcos following the Supreme Court order on adjusted gross revenue (AGR) would leave them with limited financial flexibility to bid for 5G spectrum thus delaying its auction, Fitch Ratings has said.

"The Supreme Court's acceptance of the

Continuing its northward surge, India's foreign exchange kitty has swelled by $1.039 billion to a new life-time high of $440.751 billion for the week ended October 18, the Reserve Bank said on Friday.

The forex reserves had risen by $1.879 billion to a new record high of $439.712 billion in the previous reporting week.

For the week under review, the

Vodafone-Idea on Thursday said it will explore grounds to file a review application after the Supreme Court ordered the telcos to pay an estimated Rs 92,000 crore in dues.

"We will study the ruling as soon as it is available, along with our legal advisers, to determine next steps. If there are technical or procedural grounds for doing

Reliance Jio has announced four "all-in-one" plans with data and voice call benefits for JioPhone users. These plans are priced at Rs 75, Rs 125, Rs 155 and Rs 185, and provide the subscriber with unlimited free calls on the Jio network (Jio-to-Jio calls) and up to 500 minutes of free calls

Tata Motors on Friday reported a standalone net loss of Rs 1,281.97 crore for the quarter ended September 30, citing an industry wide slowdown. The automobile company had reported a net profit of Rs 109.14 crore for the corresponding period a year ago.

The rupee snapped its five-day winning streak to finish 11 paise lower at 71.02 against the dollar on Thursday, weighed by unabated foreign fund outflows and a weak trend in domestic markets. At the forex market, the local currency opened on a strong note at 70.79 but

ICICI Bank has revised its fixed deposit (FD) interest rates with effect from October 23, 2019. ICICI Bank has lowered the interest rates by up to 0.15 percentage point (15 basis points) on select maturities, according to the private sector lender's website -- icicibank.com. On

The S-P BSE Sensex and NSE Nifty 50 indexes ended on a flat note in trade on Friday as gains in State Bank of India, ICICI Bank, Tata Consultancy Services and Yes Bank were offset by losses in HDFC, HDFC Bank, Kotak Mahindra Bank, Reliance Industries and Tata Motors. For most part of the day, benchmarks traded in narrow band fluctuating at

Global ratings agency Fitch Ratings on Thursday said that it expects India's economic growth to be at 5.5 per cent in 2019-20, due to the large squeeze in credit availability emanating from non-bank financial companies (NBFCs).

According

ICICI Bank on Saturday reported a net profit of Rs 654.96 crore in the quarter ended September 30. That marked a fall of 27.94 per cent compared to the corresponding period a year ago. ICICI Bank's total income, however, rose 24.63 per cent to Rs

State Bank of India, the country's largest lender, on Friday reported a more than three-fold increase in its net profit to Rs 3,012 crore in the quarter ended September 30. Its net profit had stood at Rs 945 crore in the second

Country's biggest airline IndiGo reported a bigger loss in the September quarter, hurt by higher expenses and as the aviation industry grapples with slowing passenger growth in a sluggish economy.

The airline's owner InterGlobe Aviation's net loss in the three months to September 30 widened to Rs 1,066 crore ($150.1 million) from Rs 650

The oil marketing companies (OMCs) marginally slashed fuel rates on Saturday across the four metro cities. While the price of petrol was lowered by 8 paise per litre in the four metros - Delhi, Mumbai, Kolkata and Chennai, the price of diesel

Infosys, the country's second largest software services company, has incentivised its mid-level employees by offering them stock incentives. The Bengaluru-based information technology company is giving 2,298,020 shares from the Restricted

Government is considering tax relief for individuals as it looks at measures to accelerate consumer demand and boost economic growth, people with direct knowledge of the matter said.

Prime Minister Narendra Modi's government is mulling a proposal to hike the taxable income limits, especially the Rs 10 lakh slab, which attracts a 30 per cent rate at

Passenger carrier GoAir is offering flight tickets at a starting all-inclusive price of Rs 1,292 under its 'Diwali super saver fares' scheme. Bookings under this offer are valid only for travel on October 27, 2019. This sale is applicable on Jammu-Sri Nagar, Bagdogra-Guwahati,

Days ahead of Dhanteras 2019, jewellery firms such as PC Jeweller and Tanishq have announced discounts and cashbacks on select gold and diamond products to attract customers. In India, the world's second largest consumer of the yellow metal, many customers

Finance Minister Nirmala Sitharaman on Thursday said efforts will be made to further simplify Goods and Services Tax, and expressed hope that it will help in further improving India's ranking in the World Bank's ease of doing business

Loss-making mobile carrier Vodafone Idea on Friday said it will ask the central government for relief on payments of at least $4 billion after a court ruling required it to pay overdue levies and interest.

Supreme Court on Thursday upheld a demand by the country's Department of

Months of slowing car sales at the country's largest carmaker Maruti Suzuki has hit the profit growth of the company. Maruti Suzuki on Thursday reported a 39 per cent drop in its net profit to Rs 1,359 crore in the quarter ended September 30. In

Reliance Industries said it would invest nearly $15 billion to create a digital services company as it seeks to cut debt at its telecom venture, potentially making way for the entry of a strategic investor.

Controlled by billionaire Mukesh Ambani,

FMCG-to-hospitality major ITC on Thursday reported a 36.10 per cent year-on-year (YoY) rise in its standalone net profit for the quarter ended September at Rs 4,023.10 crore.

The company had reported its standalone net profit in the

The S-P BSE Sensex and NSE Nifty 50 indexes settled lower on Thursday led by losses in banking and IT shares. However, gains in Bharti Airtel, Reliance Industries and HCL Technologies capped the declines. The Sensex fell as much as