Business

  • Mercedes F1 team fires four for bullying Muslim colleague

    Mercedes Benz to build zero-emission G-Class EV

    Stuttgart: The automobile industry is pacing towards e-mobility and the latest luxury car maker to announce its steps towards the zero-emission goal is Mercedes. In an official tweet, the company promised to…

  • Maruti Suzuki November sales at 1.5 lakh units down 1.9%

    New Delhi: Maruti Suzuki India on Sunday reported a 1.9 per cent decline in its November sales to 1,50,630 units, compared on a year-on-year basis.The company had sold 1,53,539 units in November 2018.In…

  • GST collection up 6% in Nov, crosses Rs 1 lakh cr mark

    New Delhi: Festive season demand helped the government collect Rs 1.03 lakh crore in goods and services tax (GST) in the month of November, up 6 per cent over the same month…

  • Vodafone Idea announces new tariff plans to cover AGR costs

    New Delhi: Vodafone Idea on Sunday announced new prepaid tariffs for its prepaid products and services. Vodafone Idea had stated that it would increase its tariff from December 1. The announcement has…

  • Airtel, Voda, Idea made no provisions for AGR disputed amount

    ICRA downgrades Bharti Airtel’s long-term rating to AA-minus

    New Delhi: Investment information company ICRA has downgraded Bharti Airtel Ltd’s long-term rating from AA to AA-minus due to recognition of higher-than-anticipated provision after the Supreme Court judgment on dues payable towards license fees on adjusted…

  • Wealth Clinic expects Rs 100 Crore sales during Property Parade

    New Delhi: Investment information firm ICRA has said that domestic sugar production estimates for season year (SY2020) have been revised downwards by 7.8 percent to 26 million tonnes from the earlier preliminary…

  • Services Australia selects Infosys to digitize welfare entitleme

    Melbourne: Digital services major Infosys has signed an agreement with the Australian federal government’s Services Australia to transform the entitlement calculation engine for the country’s welfare system. The project will enable Services…

  • RBI files application for bankruptcy proceedings against DHFL

    Mumbai: The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL). The application was filed with the Mumbai bench of…

  • Petrol price hiked for sixth day running in Hyderabad

    Petrol prices rise, diesel stable

    New Delhi: Petrol prices in the country increased for the second consecutive day on Saturday whereas diesel prices remained unchanged. The crude oil prices in the international market edged lower by $3…

  • Onion prices four times higher than last year

    New Delhi: Onions have left customers teary-eyed as prices of the staple continue to soar in the national capital. The onion prices registered yet another hike on Friday. The prices of the…

  • US stocks end week on a negative note

    New York: US stocks closed lower, wrapping up the holiday-shortened week on a negative note, as investors observed the market on Black Friday, the beginning of the latest US holiday shopping season.…

  • Manufacturing downturn pulls Q2 GDP growth to 4.5%

    New Delhi: A massive contraction in manufacturing, agriculture and mining activity pulled India’s GDP growth rate down to 4.5 per cent in the second quarter ended September 2019-20. This is the slowest GDP…

  • KTR flags off new metro rail services in Hyderabad

    KTR flags off new metro rail services in Hyderabad

    Hyderabad: Minister for Municipal Administration K.T. Rama Rao and Minister for Transport Puvvada Ajay Kumar have flagged off Metro Rail services from Hitec City to Raidurgam stretch at Hitec city Metro station…

  • India quarterly growth falls to 4.5%, worst in six years: gov

    Quarterly growth falls to 4.5%, worst in six years

    MUMBAI: India’s economy grew at its slowest pace in more than six years in the July-September period, down to 4.5 percent from 7.0 percent a year ago, according to government figures released…

  • Sensex falls by 336 points ahead of GDP data

    Mumbai: Equity markets witnessed profit booking on Friday amid expectations of slower GDP numbers for the September quarter (Q2 FY20) and weak global cues. Investors also tracked trends after the passage of…

  • MAAC hosted one of its largest 3D animation and VFX seminar

    Mumbai: MAAC (Maya Academy of Advanced Cinematics), the dominant leader and a forerunner in high-end 3D animation and VFX training, recently organized one of its largest Media and Entertainment seminar at the…

  • UK India Business Council launches Defence Vertical

    New Delhi: The UK India Business Council has announced the establishment of an Aerospace and Defence Industry Group to promote UK-India collaboration, at a reception hosted by the British High Commissioner. This…

  • UL releases Google Pay acceptance test plan for Transit Systems

    Bengaluru: UL, a leading global safety science company, announced today the upgrade of the Google Pay module in the UL Brand Test Tool that now includes a test plan for payment acceptance…

  • Ola aims to shed 5-8% of staff ahead of IPO

    New Delhi: With a view to becoming more nimble and have a sharper focus on growth and profitability, ride-hailing platform Ola has decided to restructure and redesign the company, starting with trimming…

  • Sensex falls by over 400 points, metal and auto stocks lose shin

    Mumbai: Equity markets witnessed profit booking and extended morning losses ahead of the country’s second-quarter GDP data which is likely to come lower than 5 percent. Investors also tracked weak global cues…

  • Rajesh Exports bags Rs 863 crore order from Germany

    Bengaluru: Rajesh Exports, the world’s largest manufacturer of gold products, said on Friday it has bagged an order worth Rs 863 crore to supply a designer range of jewellery from Germany. The…

  • Petrol price hiked for sixth day running in Hyderabad

    Petrol, diesel prices rise again

    New Delhi: Petrol and diesel prices rose again on Friday, while in the international market crude oil prices edged lower for the third consecutive day. Petrol has become costlier by five paise…

  • Sensex down 150 points in early trade

    Mumbai: The key Indian equity indices opened on a negative note on Friday with the BSE Sensex declining over 150 points in early trade. The domestic indices traded lower tracking weakness in…

  • ICICI Bank can double share price in 2 years: Morgan Stanley

    Mumbai: The ICICI Bank stock on Thursday hit its 52-week high of Rs 518.60 apiece on the BSE after global brokerage firm Morgan Stanley said in a report that India’s second largest…

  • Cipla arm to acquire remaining stake in Cipla Pharma Lanka

    Mumbai: Pharmaceutical major Cipla’s arm Cipla EU Ltd has signed an agreement with CitiHealth Imports to acquire remaining 40 per cent stake in Cipla Pharma Lanka. The transaction is expected to be…

  • Sensex marginally high, Nifty above 12,100

    Mumbai: Sensex and Nifty opened higher but gains were capped ahead of the GDP figures to be released on Friday. The Sensex was up 64.70 points at 41,085.3. It touched an intra-day…

  • Oil prices up 10% as attack on Saudi facilities disrupts output

    US crude oil production increases last week: EIA

    Houston: The US crude oil production increased slightly during the week ending November 22, the US Energy Information Administration (EIA) said on Wednesday. According to the EIA, the US crude oil production…

  • OxyLoans.com introduces new age P2P loan products

    OxyLoans.com introduces new age P2P loan products

    Hyderabad: SRS FinTech Labs Pvt. Ltd, a Hyderabad based four years old FinTech, Peer 2 Peer Lending Platform and RBI Licence holder- OxyLoans.com announces a specially curated four new age Peer-2-Peer Loans Products.  Disclosing this addressing a press…

  • Air India: First airline in world to use 'Taxibot' on flight

    Air India to be closed if privatisation bid fails: Minister

    New Delhi:  Civil Aviation Minister Hardeep Singh Puri on Wednesday said in Rajya Sabha that national carrier Air India will have to close down if it is not privatised.He, however, said that…

  • Sensex opens 150 pts up, Nifty above 12,100

    Mumbai: The Indian markets on Wednesday opened over 150 points higher led by gains in banks and financial service stocks. Analysts said market sentiment has turned positive after the latest indications of…

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