Business

Proxy advisory and corporate governance firm InGovern on Tuesday said that Britannia Industries violated market regulator Sebi's (Securities and Exchange Board of India) listing regulations by not reporting the recent arrest in Japan of its promoter Ness Wadia.

Ness Wadia, son of

Bharti Airtel on Monday reported a net profit of Rs 107.2 crore for the quarter ended March 31. That marked an increase of 29.31 per cent in net profit compared to Rs 82.9 crore for the corresponding period a year ago. Monday's earnings report marked first increase in profit after 11

Indian equity benchmarks registered their worst day in two weeks on the back of sell off in other Asian markets as US-China trade concerns resurfaced. The US President Donald Trump threatened to raise tariffs on China, triggering a global rout

Vedanta Ltd on Tuesday posted a better-than-expected fourth-quarter profit, helped by an increase in international demand for zinc.

Rising global prices of metals such as zinc and copper have helped Vedanta fight challenges from mine shutdowns in India. Zinc prices climbed 14 per cent so

The rupee on Monday fell by 18 paise to close at 69.40 against the US dollar as renewed trade war worries following US President Donald Trump's threat to raise tariffs on Chinese imports sent markets into a tailspin and triggered flight of capital to safe

A group of investors including South Korea-based Mirae-Naver and China's Alibaba Group has led a fresh $150 million funding round in online grocery company Bigbasket, the startup said on Monday.

Bigbasket, which sells everything from

India's oil imports from Iran fell about 57 per cent year-on-year in April, according to tanker arrival data seen by Reuters, the last month when Delhi was allowed to load Iranian oil ahead of US sanctions stopping purchases of oil from

Banks today charge a penalty from their customers failing to meet the minimum balance requirements applicable to savings accounts. Public sector lender State Bank of India (SBI) and its private sector peers ICICI Bank and HDFC Bank levy a penalty

Chinese investors, caught off guard by US President Donald Trump's tariff threats, dumped stocks and sold the yuan currency on Monday as a fresh deterioration in Sino-US trade tensions roiled Asian financial markets.

The country's major

Naresh Goyal, founder of the now-grounded airline Jet Airways, wrote to his colleagues that the 26th anniversary of the carrier was "the saddest of all days". Describing the cash-starved airline's last flight in the early hours of April 18 this year as a "sad coincidence", Mr Goyal said the carrier had received its first aircraft in Mumbai on

Reliance Jio Infocomm, which offers telecom services under the brand Jio, offers a range of recharge plans with 1.5 GBs of high speed internet per day. Reliance Jio currently offers five different recharge plans priced from Rs 149 to Rs 1,699 under which

Bharti Airtel shares rose about 1.5 per cent in intraday trade on Monday amid large volumes, ahead of the earnings announcement by the private sector telecom major. On the National Stock Exchange (NSE), Airtel shares rose to as much as Rs 336.40 apiece,

Tepid demand from jewellers pulled down gold prices by Rs 50 to Rs 32,670 per 10 grams on Tuesday, reported news agency Press Trust of India quoting the All India Sarafa Association. Silver too shed a marginal Rs 10 to trade at Rs 38,120 per kg. Fall in demand from local

In a major relief for state-run construction major NBCC, the Allahabad bench of the National Company Law Tribunal (NCLT) on Monday asked the Committee of Creditors (CoC) of Jaypee Infratech (JIL) to consider NBCC's revised bid to acquire the insolvent

ICICI Bank shares were swinging between gains and losses ahead of January-March quarter and financial year 2018-19 earnings. ICICI Bank share price fell as much as 0.98 per cent on the BSE and on the National Stock Exchange, ICICI Bank share price fell as much as 1.77 per cent

Indian equity benchmarks fell for a fifth day in a row, posting their longest stretch of losses since February 19. The S-P BSE Sensex fell as much as 599 points from day's high and the NSE Nifty 50 Index fell below its important psychological level of 11,500. Analysts say

India's services sector expanded at its slowest pace in seven months in April as some businesses postponed decisions and expansion plans until seeing results of the general election currently underway, a private survey showed on Monday.

The Nikkei/IHS Markit

Yes Bank shares fell as much as 5 per cent on Monday, after credit ratings agency ICRA lowered its ratings on the private sector lender's long-term bonds. On the National Stock Exchange (NSE), the Yes Bank share price declined 5.03 per cent to Rs

Piramal Enterprises said on Tuesday it had signed a memorandum of understanding (MoU) with Canada's biggest public pension fund to co-sponsor a $600 million infrastructure trust focused on renewable energy.

The Canada Pension Plan Investment Board

A fixed deposit (FDs) is a financial instrument which offers guaranteed return. Financial institutions such as banks, post office, small finance banks and non-banking financial companies offer fixed deposit accounts. Customers can deposit money in fixed deposits for a specific period, ranging from seven days to 10 years. Banks usually pay a higher

LPG (liquefied petroleum gas) cylinder prices have been hiked with effect from May 1 compared to the previous month. While the subsidised LPG price has been raised by 28 paise per cylinder (14.2 kilograms) and 29 paise per cylinder in in Delhi and

S-P BSE Sensex and NSE Nifty 50 indexes erased intraday gains and were on track to extend losses to fifth day in a row led by declines in heavyweights like Reliance Industries, ICICI Bank, ITC, Asian Paints and Tata Motors. Earlier in the day, Sensex and Nifty opened higher on

Gold prices on Monday rose by Rs 75 to Rs 32,720 per 10 grams at the bullion market, reported news agency Press Trust of India quoting the All India Sarafa Association. The prices advanced on fresh buying from jewellers amid firm trend overseas. Silver, however, declined Rs 70 to Rs 38,130 per kg due to reduced offtake by industrial units and coin

SBI or State Bank of India's term home loans start from an interest rate of 8.6 per cent. The interest rate for State Bank of India (SBI)'s home loan products ranges from 8.6 per cent to 9 per cent, based on factors such as the LTV or

A group of nine professionals have proposed to make the now-grounded Jet Airways an employee- and passenger-owned airline, sources told TheIndianSubcontinent. The group of professionals represents the minority shareholders of the cash-starved

ICICI Bank on Monday reported a 5 per cent decline in net profit to Rs 969 crore for the quarter ended March 31. Its net profit had stood at Rs 1,020 crore for the corresponding period last year, according to a regulatory filing by the private sector lender after market

US President Donald Trump said on Sunday he would raise tariffs to 25 per cent from 10 per cent on $200 billion of Chinese imports by the end of the week. 

Mr Trump has rattled the world trade order by imposing unilateral tariffs to combat what he

Domestic stock markets started Tuesday's session on a higher note, shrugging off continued weakness in Asian peers on renewed concerns about the US-China trade conflict. The S-P BSE Sensex jumped as much as 235.2 points to 38,835.54 in early trade while the NSE Nifty moved to 11,657.05, up 58.8 points from the previous close. Advances in

Indian Railways offer a ticket booking facility known as Tatkal Scheme for benefit of passengers who want to travel on an urgent basis, according to Indian Railways. IRCTC Tatkal booking is available on payment of premium charges on a

Domestic stock markets started Monday's session over 1 per cent lower tracking weakness in global peers on US-China trade concerns. The S-P BSE Sensex fell as much as 453.47 points - or 1.16 per cent - to 38,509.79 in early trade, and the NSE Nifty moved to 11,585.10, down 127.15 points from the previous close. A selloff in financial, metal