Business

Harper’s Bazaar India, in a unique innovation, shoots its ‘May Cover’ on a Smartphone

New Delhi: For the first time ever, Harper’s Bazaar India shot its May 2019 cover and cover story on a…

Max India exploring new businesses after divesting healthcare, health insurance

New Delhi: Multi-business corporate Max India plans to enter new areas of business after selling its hospitals and health insurance…

China’s yuan edges higher against US dollar

Beijing: The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 24 basis points to 6.7286 against…

Indian equities react to weak Chinese factory data

Mumbai: The key equity indices opened on a dull note on Tuesday taking cues from the Asian markets which fell…

Stock markets drift with a negative bias, Yes Bank falls 25 pc

Mumbai: Equity benchmark indices opened on a flat note and slipped into negative territory on Tuesday as the trading hours…

Maruti Suzuki to phase out all diesel cars from April 2020

New Delhi: Automobile major Maruti Suzuki will stop selling all diesel fuelled cars from April 1, 2020 as new emission…

SpiceJet aircraft overshoots runway at Shirdi airport

MUMBAI: An aircraft of budget airline SpiceJet operating on the Delhi-Shirdi route, overshot the runway while landing at the Shirdi…

Zomato’s Hyperpure in Delhi, eyes 22 warehouses by 2020

NEW DELHI: Food ordering app Zomato on Monday announced the launch of a warehouse for its business-to-business food ingredients supply…

Even coalition government must work for growth: Anand Mahindra

MUMBAI: Chairman of Mahindra group Anand Mahindra said on Monday that whosoever comes to power at the Centre after the…

Jet staff promise to secure Rs 3,000 crore, seek SBI nod to bid

NEW DELHI: Sensing that the options to revive the grounded Jet Airways are fast running out, a group of airline…

Exposures in RCFL, RHFL safe: Reliance Mutual Fund

MUMBAI: Reliance Nippon Life Asset Management Ltd (RNAM) Sunday said the interests of Reliance Mutual Fund (RMF) investors are fully…

SBI moves to invoke Essar Steel Promoters’ personal guarantees of Rs 15K cr

AHMEDABAD: The State Bank of India on Monday filed a recovery suit against Prashant and Ravi Ruia, before the Debt…

Equities to walk on tight rope as oil prices remain volatile

Mumbai: Global crude oil prices along with macro-economic data points, coupled with fourth quarter (Q4) earning results might induce volatility…

Swiggy delivers over 1.5 mn orders a month on cycles

NEW DELHI: Swiggy, domestic online food ordering, and delivery platform, on Saturday said it delivers over 1.5 million orders every…

MCA likely to debar Deloitte for 5 years

NEW DELHI: Even as Deloitte Haskins and Sells remains perched precariously on the high wire over its questionable role in…

Rs 300 cr hole in Air India pocket as Pakistan air space closes

NEW DELHI: Air India has suffered losses of around Rs 300 crore since late February as its long haul flights…

IDBI Bank opens processing in 3 cities for Iran trade

NEW DELHI: Amid uncertainty over India's oil import possibilities from Iran after May 2 when the waivers to US sanctions…

Maruti Suzuki’s Q4 net profit down 4.6%

New Delhi: Automobile major Maruti Suzuki on Thursday reported a decline of 4.6 per cent in its net profit for…

MakeMyTrip announces change in shareholding between Naspers and Ctrip

New Delhi: Online travel portal MakeMyTrip (MMYT) has announced a change in the company’s shareholding as South African internet giant…

Vehicle finance business lifts Chola’s profit by 29 pc to Rs 1,186 crore

Mumbai: Cholamandalam Investment and Finance Company, the financial services arm of Chennai-based Murugappa Group, on Saturday reported 29 per cent…

Reliance Capital’s long-term rating by Brickworks stands at A+

Mumbai: Brickworks, a SEBI registered credit rating agency, has revised Reliance Capital Limited (RCL) rating to 'A+' for long-term debt…

IMF says rise in real investment coincided with large drops in price of machinery and equipment

Washington: The International Monetary Fund (IMF) has said that trade tensions and sluggish productivity growth can slow the decline in…

Hong Kong stocks end tough week with a win

Hong Kong: Hong Kong shares edged up Friday after a five-day losing streak but gains were kept in check by…

US stocks end at records after solid growth data

New York: Wall Street stocks rode strong US growth data and solid corporate earnings to another record-setting session on Friday,…

European stocks mixed at open

London: European stock markets were mixed in opening trade on Friday, with London's benchmark FTSE 100 index down 0.1 percent…

IL&FS Tranport network re-designates Bhatia as CEO

MUMBAI: IL&FS Transportation Networks on Friday announced the re-designation of Dilip Bhatia as CEO of the company. The decision came…

PepsiCo offers Gujarat farmers to settle court case

Ahmedabad: Global beverages and food products giant PepsiCo India on Friday expressed its willingness for an out-of-court settlement with the…

Cryptocurrencies should be banned: Official

NEW DELHI: Terming cryptocurrencies as ponzi schemes, Anurag Agarwal, Joint Secretary in the Ministry of Corporate Affairs, on Friday said…

PayPal makes $500mn investment in Uber: Report

San Francisco: Global online payments system PayPal is investing $500 million in Uber ahead of the highly anticipated Initial Public…

US stocks gain after stronger-than-expected economy report

New York: US stocks closed higher as the market was buoyed by a better-than-expected US GDP growth for the first…