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Edelweiss-backed fund buys Essel Infra’s power assets for ₹6,000 cr

8 hours ago

Business / BusinessLine/ Home

Our Bureau Edelweiss-backed Sekura Energy Ltd has acquired four power transmission assets from Subhash Chandra-led Essel Infraprojects for ₹6,000 cro..

Worxogo raises ₹16.5 crore in Series A funding

10 hours ago

Business / BusinessLine/ Home

Worxogo, an enterprise start-up, has raised ₹16.5 crore in Series A funding from Inventus India and Ideaspring Capital. The company will use the funds..

A three-point reverse pitch for edtech startups from Blume Ventures

6 hours ago

Business / LiveMint/ Companies

A complex problem such as education in India has many big and micro opportunities that startups can go after, says Blume Ventures director Sajith Pai..

NIIF invests ₹660 crore in HDFC Capital’s affordable housing projects fund

6 hours ago

Business / LiveMint/ Companies

This marks the second investment for NIIF’s Fund of Funds and will see NIIF join a unit of ADIA as an investor in HDFC Capital Affordable Real Estate-2 (HCARE 2)..

Focusing on government, education and health: Peter Moore of Amazon Web Services

11 hours ago

Business / Business Today/ Latest News

The world of technology is somewhat encumbered by legacy. Either the technology they are using is not up to date, or it's not very secure, or it does not meet the needs of the people who need it, when they need it most...

Yemen conflict could push millions more to brink of famine: UN

7 hours ago

Business / Business Today/ Biz Wrap

The number of Yemenis on the brink of famine could rise to 12 million - or two in five of the population - from around 8.5 million in coming months due to escalating war and a deepening economic crisis, the United Nations food agency said on Monday...

Audi Settles Diesel Engine Probe for Almost $1 Billion

10 hours ago

World / Wall Street Journal/ U.S. Business

Audi agreed to pay a fine of $927 million to settle a German fraud investigation related to diesel engines that contained illegal software to manipulate emissions...

Stop dividing India and I will stop opposing you: Rahul Gandhi to Narendra Modi

8 hours ago

Business / MoneyControl/ Latest News

Campaigning for his party in poll-bound Madhya Pradesh, Gandhi again attacked Modi over his alleged proximity to businessmen, saying he worked for a handful of rich people...

Hero MotoCorp's net profit dips marginally in Q2

12 hours ago

News / Times Of India/ Business

The company had posted a net profit of Rs 1,010.49 crore for the same period of the previous fiscal, Hero MotoCorp said in a BSE filing. Revenue from operations for the quarter under review stood at Rs 9,090.94 crore as against Rs 8,371.74 crore in the same period previous fiscal, it added...

High and higher: The Money in Marijuana!

6 hours ago

Business / Blogs/ Aswath Damodaran Blog

Go to web page....

Investor Wealth Soars Rs 5.30 Lakh Crore in Three Days of Market Rally

4 hours ago

News / IBNLive/ Latest Business News

The 30-share Sensex stayed in the positive zone during the Tuesday session and settled 297.38 points higher at 35,162.48...

Umesh Yadav back in ODI squad, replaces injured Shardul Thakur

10 hours ago

Business / BusinessLine/ Home

Paceman Umesh Yadav was on Tuesday rewarded for his maiden 10-wicket haul in Test cricket with a recall in the ODI squad as a replacement for injured..

Mickey Mouse turns 90, and Walt Disney is happy

6 hours ago

Business / LiveMint/ Consumer

Brands such as ONLY, Vero Moda and Jack & Jones, Volkswagen and DLF Brands will bring out special collections until 18 November, Mickey Mouse’s birthday..

Opinion | Technological restrictions in the new drone policy

9 hours ago

Business / LiveMint/ Opinion

All drones must have no-permission-no-takeoff technology built into their hardware. Operators will have to inform the regulator before take off about when and where they intend to fly by filing a flight plan..

RSS affiliate wants PM Modi to thwart possible ITC takeover

11 hours ago

Business / Business Today/ Biz Wrap

RSS affiliate Swadeshi Jagran Manch (SJM) has sought Prime Minister Narendra Modi's intervention to stall a possible takeover bid on ITC by the British American Tobacco Company (BAT)...

Uber Proposals Value Company at $120 Billion Ahead of Possible IPO

10 hours ago

World / Wall Street Journal/ U.S. Business

The ride-hailing company recently received proposals from banks valuing it at as much as $120 billion in an initial public offering that could take place early next year...

What's a Service Business? That's the Multibillion-Dollar Tax Question

10 hours ago

World / Wall Street Journal/ U.S. Business

Companies with a 20% tax cut on the line ask the IRS to loosen proposed rules for how much services they can provide before becoming a service business...

RIL goes past TCS to become most valued firm by m-cap

9 hours ago

Business / MoneyControl/ Latest News

Shares of RIL rose by 2.09 percent to settle at Rs 1,163.65 while that of TCS ended 0.64 percent higher at Rs 1,961.70 on the BSE...

IIFL Home Finance raises Rs 1,000 cr from NHB

8 hours ago

Business / MoneyControl/ Business News

IIFL Home Finance has raised another $50 million from State Bank of India through External Commercial Borrowing (ECB) route...

Govt Hikes General Provident Fund Interest Rate to 8% for Oct-Dec Quarter

7 hours ago

News / IBNLive/ Latest Business News

The interest rate would apply on Provident Funds of central government employees, railways and defence forces...

Day Trading Guide for October 17

10 hours ago

Business / BusinessLine/ Home

Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading:₹1992 • HDFC BankS1S2R1R2CO..

Maharashtra launches solar pump programme

8 hours ago

Business / BusinessLine/ National

The Maharashtra government has launched the Chief Minister Solar Pump Programme for farmers. In the next three years about one lakh pumps will be i..

Opinion | Making India open defecation free

10 hours ago

Business / LiveMint/ Opinion

Many people view toilets as impure and refrain from installing them within their household premises..

Vodafone, Idea, Jio submit plan to close down Aadhaar-based authentication

11 hours ago

Business / Business Today/ Sectors

The Unique Identification Authority of India (UIDAI) had asked telecom companies to submit the plans by October 15 after the Supreme Court's September ruling that private companies can no longer use Aadhaar data...

IIM-Kozhikode placements: International companies offer packages as high as Rs 52.1 lakh

12 hours ago

Business / Business Today/ Sectors

The salary offered to the top 50% of the batch saw an upward trend. It rose to Rs 21 lakh per annum in 2018 from Rs 20.1 lakh per annum in 2017...

U.S. Retail Sales Rose Less Than Expected in September

12 hours ago

World / Wall Street Journal/ U.S. Business

American consumers reined in their spending at restaurants and department stores in September, resulting in the second straight month of weak retail spending...

E-pharmacy definition outdated, changes should be made to attract FDI, says IAMAI

8 hours ago

Business / MoneyControl/ Business News

The Union Health Ministry recently released draft rules for e-pharmacies to regulate online sale of medicines across the country and provide patients accessibility to genuine drugs...

ILFS faces more embarrassment as Ind-Ra downgrades MF schemes

9 hours ago

Business / MoneyControl/ Business News

The agency downgraded three series-1, three series- 2 and two series -3 mutual fund schemes of the group..

Will reinvent Andhra, implement AP Act provisions: Rajnath Singh

8 hours ago

Business / BusinessLine/ National

Union Home Minister and senior BJP leader Rajnath Singh said that the NDA government and his party are committed to developing a new Andhra Pradesh..

‘MeToo will not be resolved unless both men and women come forward’

9 hours ago

Business / BusinessLine/ National

At the annual conference of Society of Human Resources Management last week in Delhi, where over 1,500 HR professionals from India and abroad were g..

Data localization: Deadline over, what’s next for firms?

6 hours ago

Business / LiveMint/ Industry

With govt unwilling to extend the deadline, compliance is the only option, for now..

Sundar Pichai says Google still mulling a censored search engine in China

11 hours ago

Business / Business Today/ Technology

Google is still considering whether to launch a censored version of its search engine in China, CEO Sundar Pichai has said, in rare public comments about the controversial and secret project...

Lenovo to raise mobile production capacity in India by up to 10 fold in 2019

9 hours ago

Business / MoneyControl/ Business News

The capacity expansion does not include volume of Motorola phones -- a brand which is owned by Lenovo...

Kerala on edge before Sabarimala opens for women tomorrow

10 hours ago

Business / BusinessLine/ National

Kerala on Tuesday waited with bated breath for the opening of the gates of Sabarimala temple tomorrow, the first time since the Supreme Court allowed..

Nitish appoints Prashant Kishor JD(U) vice president

12 hours ago

Business / BusinessLine/ National

Janata Dal (United) president Nitesh Kumar Tuesday appointed Prashant Kishor as the party’s vice president, effectively making him the second most po..

Telangana Congress may release first list of candidates in early November

6 hours ago

Business / LiveMint/ Economy Politics

Congress leaders said some 70 names will be announced in early November and will include some 40 former cabinet ministers..

SJM seeks Narendra Modi#39;s intervention in keeping ITC in Indian hands

10 hours ago

Business / MoneyControl/ Business News

The SJM wrote to Modi in the wake of reports of a possible takeover of ITC by British American Tobacco Company (BAT), a UK-based multi-national firm...

Uber proposals value company at $120 billion in a possible IPO: WSJ

11 hours ago

Business / MoneyControl/ Business News

The ride-hailing company#39;s most recent valuation was pegged at $76 billion, following a $500 million investment from Toyota Motor Corp in August..

BSE-NSE turf war now moves to commodity space

8 hours ago

Business / BusinessLine/ Markets

NSE eyeing a merger with MCX; BSE focussing on hiring talent..

What’s in a bhog?

11 hours ago

Business / LiveMint/ Lounge

The tradition of bhog offered during Durga Puja is one that has evolved over the centuries..

Infosys says #39;will comply#39; with arbitration award to pay ex-CFO Rajiv Bansal

12 hours ago

Business / MoneyControl/ Business News

In September, the Arbitral Tribunal of Justice (retd) R V Raveendran had communicated the decision with regard to the dispute between Infosys and Bansal, Infosys said in a regulatory filing...

Responsive Ind: Board meets for results, buyback

9 hours ago

Business / BusinessLine/ Stocks

Shares of Responsive Industries will remain in focus on Wednesday, as its board will meet to consider the financial results for the period ended Sept..

Reliance, ACC, DCB Bank results today

9 hours ago

Business / BusinessLine/ Stocks

Reliance Industries will declare its quarterly results for the period ended September 2018 on Wednesday. Besides RIL, over a dozen companies, includi..

Technical View: Nifty forms bullish candle, gains for 3rd straight session; next target seen at 10,750

12 hours ago

Business / MoneyControl/ Technicals

Option band signifies a broader trading band between 10,450 to 10,700 zones...

Torrent Pharma Q2 PAT may dip 18.4% YoY to Rs. 166.5 cr: Sharekhan

11 hours ago

Business / MoneyControl/ Results News

Net Sales are expected to increase by 31.9 percent Y-o-Y (up 0.7 percent Q-o-Q) to Rs. 1,884.8 crore, according to Sharekhan...

BSE ropes in a star commodity strategist

9 hours ago

Business / BusinessLine/ Commodities

The tussle to gain ground in the commodity derivatives segment between the two latest entrants — BSE and NSE — got an interesting twist.The BSE has r..

Sun Pharma Q2 PAT seen up 9.8% YoY to Rs. 1,100.1 cr: Sharekhan

11 hours ago

Business / MoneyControl/ Results News

Net Sales are expected to increase by 13.7 percent Y-o-Y (up 4.7 percent Q-o-Q) to Rs. 7,560 crore, according to Sharekhan...

Divis Q2 PAT seen up 39.2% YoY to Rs. 272.5 cr: Sharekhan

11 hours ago

Business / MoneyControl/ Results News

Net Sales are expected to increase by 20 percent Y-o-Y (up 7.3 percent Q-o-Q) to Rs. 1,068.2 crore, according to Sharekhan...

NCLT reserves order on liquidation of Unity Infra

8 hours ago

Business / BusinessLine/ Companies

The Mumbai bench of the National Company Law Tribunal (NCLT) has reserved its decision in the insolvency case of construction company Unity Infraproje..

Vedanta had fulfilled its purpose as a listed entity, so we decided to delist: Anil Agarwal

8 hours ago

Business / BusinessLine/ Companies

Vedanta Resources had fulfilled its purpose as a listed entity and hence a decision was taken to delist it, mining moghul Anil Agarwal said.When Agarw..

Infosys retains annual forecast despite strong Q2, #39;comfortable outlook#39;

11 hours ago

Business / MoneyControl/ Results News

Analysts had largely expected Infosys to raise its margin guidance, helped by the benefits from rupee depreciation, partially offset by wage hikes and variable pay...

A not-so-smooth ride for Hero MotoCorp

8 hours ago

Business / BusinessLine/ Companies

Hero MotoCorp’s performance in the quarter ended September 30, 2018 is on the same lines as the previous quarter, where the company recorded a lacklus..

Birla White to distribute new tools to painters

9 hours ago

Business / BusinessLine/ Companies

Birla White, a unit of Ultratech Cement Ltd, has launched a programme to distribute new advanced tools to painters. “We will be distributing 10,000 se..

Shakti Pumps Standalone September 2018 Net Sales at Rs 129.10 crore, up 104.12% Q-o-Q

11 hours ago

Business / MoneyControl/ Results News

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JK Lakshmi Cement Q2 PAT may dip 25.8% YoY to Rs. 10 cr: Sharekhan

12 hours ago

Business / MoneyControl/ Results News

Net Sales are expected to increase by 2 percent Y-o-Y (down 14.2 percent Q-o-Q) to Rs. 792 crore, according to Sharekhan...

Audi to pay € 800 m fine in Germany over diesel engine cheating

12 hours ago

Business / BusinessLine/ Companies

Volkswagen said on Tuesday its subsidiary Audi would not contest an € 800-million fine issued by German prosecutors over “deviations from regulatory..

India Cement Q2 PAT may dip 19.4% YoY to Rs. 19 cr: Sharekhan

12 hours ago

Business / MoneyControl/ Results News

Net Sales are expected to increase by 6.4 percent Y-o-Y (down 0.8 percent Q-o-Q) to Rs. 1,350 crore, according to Sharekhan...

UltraTech Q2 PAT seen up 12.6% YoY to Rs. 485 cr: Sharekhan

12 hours ago

Business / MoneyControl/ Results News

Net Sales are expected to increase by 15 percent Y-o-Y (down 12.7 percent Q-o-Q) to Rs. 7,557 crore, according to Sharekhan...

ARC/AIF for banks to resolve bad loans faces roadblocks

8 hours ago

Business / BusinessLine/ Money & Banking

No consensus among lenders to implement Sunil Mehta Committee recommendations..

CVC shares report on top 100 bank frauds with RBI, ED and CBI

11 hours ago

Business / BusinessLine/ Money & Banking

Probity watchdog Central Vigilance Commission (CVC) has completed a first-of-its-kind analysis of the top 100 banking frauds, including those in the..

Mike Pompeo says Saudi back probe into missing journalist Jamal Khashoggi

8 hours ago

Business / MoneyControl/ World News

Turkish officials say that Khashoggi, who lived in exile in suburban Washington, was killed inside the consulate...

Over 50,000 jobs in data science, machine learning vacant in India: Report

9 hours ago

Business / Business Today/ Biz Wrap

Data science and machines learning are hot topics of the season, but as more and more companies are trying to tap these new technologies, the dearth of talent has also become apparent...

Paul Allen, Microsoft Co-Founder, Helped Pioneer the PC Industry

10 hours ago

World / Wall Street Journal/ U.S. Business

Microsoft co-founder Paul Allen died just two weeks after revealing that a cancer he successfully received treatment for several years ago had returned...

Shatrughan Sinha performs #39;rajyabhishek#39; of Tejashwi Yadav

8 hours ago

Business / MoneyControl/ Latest News

The actor-turned-politician also sung the opening lines of an old Hindi song "ab tumhare hawale watan sathiyon"..

Rupee spurts 35 paise, ends at nearly 2-week high

12 hours ago

News / Times Of India/ Business

At the Interbank Foreign Exchange, the rupee opened on a firm note at 73.79 from Monday's close of 73.83. During the day the domestic currency gained further ground to hit a high of 73.47 against the US dollar, driven by selling of the greenback by exporters...

India to be Worst Hit if Global Trade Falls, Says Suresh Prabhu

an hour ago

News / IBNLive/ Latest Business News

India has the potential to become a $10-trillion economy before 2035, the Minister said at the 98th Annual Session of The Associated Chambers of Commerce and Industry of India...

`Vitamins may boost longevity, prevent diseases’

10 hours ago

Business / BusinessLine/ Home

A key class of vitamins and minerals may help promote longevity and stave off chronic disorders such as heart disease, cancer and neurodegenerative d..

Festival rush: Rlys to ferry around 16 cr passengers in the next 30 days

10 hours ago

Business / BusinessLine/ Home

Railways is preparing to ferry around 16 crore passengers in the next 30 days to clear the festival rush, an official of the railway board said. This..

Opinion | Data localization is a symptom, and not the real problem

7 hours ago

Business / LiveMint/ Opinion

The broader push around data localization is perhaps an attempt to solve too many objectives..

Kingfisher, Mallya were not authorised to use brand valuation report to raise funds: Grant Thornton

10 hours ago

Business / Business Today/ Biz Wrap

Global tax and advisory firm Grant Thornton has alleged that fugitive businessman Vijay Mallya's Kingfisher Airlines was not authorised to use its brand valuation report to raise funds...

Sensex rises 297 pts to reclaim 35,000 level, Nifty closes at 10,584

12 hours ago

Business / Business Today/ Markets

Top Sensex gainers were M&M (3.97%), Adani Ports (3.54%) and ONGC (3.44%). HDFC Bank (0.77%), Bajaj Auto (0.54%) and Maruti (0.48%) were the top Sensex losers...

By Adding Patents, Drugmaker Keeps Cheaper Humira Copies Out of U.S.

10 hours ago

World / Wall Street Journal/ U.S. Business

Cheaper copies of the world’s biggest-selling drug will roll out across Europe after a key European patent for Humira expires, but U.S. patients and insurers will have to wait to access less-expensive versions of the blockbuster drug...

U.S. Deficit Swells in Fiscal 2018 as Tax Cuts Take Bite

10 hours ago

World / Wall Street Journal/ U.S. Business

The federal deficit widened 17% last year amid higher government spending and flat revenues following last year’s tax cut...

Congress led grand alliance in Telangana stuck on seat sharing: CPI Gen Sec Sudhakar Reddy

11 hours ago

Business / MoneyControl/ Latest News

TDP and CPI announced the formation of a pre-poll grand alliance with Congress last month...

Walmart Says $16 Billion Flipkart Deal Will Hit Earnings

5 hours ago

News / IBNLive/ Latest Business News

Walmart, in May, had picked up 77 percent stake in Flipkart for $16 billion as part of its efforts to ramp up its e-commerce business as it takes head-on global rival Amazon...

Infosys Second-quarter Profit Rises Over 10 Per Cent, Beats Forecasts

8 hours ago

News / IBNLive/ Latest Business News

The Bengaluru-headquartered company posted a 17.3 percent rise in revenue from operations to 206.09 billion rupees...

Modi govt’s employment claims baseless; its policies have killed jobs, says CPI(M)

8 hours ago

Business / BusinessLine/ News

Centre’s policies, demonetisation claimed as chief reasons..

Lull before the storm in Telangana

8 hours ago

Business / BusinessLine/ National

With the Dussehra/Bathukamma festival in proximity, the ‘battle of the ballots’ in Telangana faces a slight lull. The ruling Telangana Rastra Samithi..

Opinion | India’s abysmal human capital development

10 hours ago

Business / LiveMint/ Opinion

A continued neglect towards technological advancement has taken a toll on the country’s human capital growth..

Sikkim receives UN award for becoming world's first 100% organic state

12 hours ago

Business / Business Today/ Sectors

Sikkim beat 51 other nominations from across the globe. Brazil, Denmark and Quito in Ecuador shared the Silver award...

The New Movie Soundtrack: A Spotify Playlist

10 hours ago

World / Wall Street Journal/ U.S. Business

Independent movie studio A24 is releasing the music to the new film “Mid90s” as a playlist on Spotify, rather than as an album distributed by a record label...

Apple 'Deeply Apologetic' Over Account Hacks in China

12 hours ago

World / Wall Street Journal/ U.S. Business

Apple apologized over the hacking of some Chinese accounts in phishing scams, almost a week after it emerged that stolen Apple IDs had been used to swipe customer funds...

Podcast | Editor#39;s pick of the day - It#39;s raining deals this festive season

9 hours ago

Business / MoneyControl/ Business News

While Flipkart and Amazon kicked off their festive sales starting October 10, offline players are also gearing up to offer interesting deals for consumers...

Indian Insurance Companies 'Not Covering' Storage of Iranian Oil as US Sanctions Loom

10 hours ago

News / IBNLive/ Latest Business News

India had contracted to import about 25 million tonnes of crude oil from Iran in the fiscal year 2018-19 (April 2018 to March 2019), up from 22.6 million tonnes imported in 2017-18...

Rajasthan now has 80 Zika virus cases

9 hours ago

Business / BusinessLine/ National

No sign of abating; Centre taking preventive steps..

IL&FS needs a foreign probe: Ex-MD Hari Sankaran

7 hours ago

Business / LiveMint/ Money

No wrongdoing at IL&FS ever, says Hari Sankaran in response to a government petition at the National Company Law Tribunal (NCLT)..

Global oil traders keen on India’s strategic crude reserves

7 hours ago

Business / LiveMint/ Industry

Vitol, Trafigura and Glencore are interested in filling up the existing reserve at Padur under the first phase..

Money transfers between digital wallets, meal and gift cards to be reality soon

9 hours ago

Business / MoneyControl/ Business News

The Reserve Bank of India (RBI) has issued operational guidelines that promote interoperability of prepaid payment instruments (PPI) such as mobile wallets, meal and gift cards, among others...

Dr Reddy#39;s on cost cutting spree to counter US pricing pressures

10 hours ago

Business / MoneyControl/ Business News

The company has been selling manufacturing plants, optimizing product portfolios, removing layers of management that it considers wasteful and taking re-look at Ramp;D investments...

UP cabinet clears proposal to rename Allahabad as Prayagraj

11 hours ago

Business / BusinessLine/ National

The Uttar Pradesh Cabinet Tuesday approved a proposal to rename the historic city of Allahabad as Prayagraj.Opposition parties have criticised the de..

Denmark Open: Sindhu makes shocking first-round exit

11 hours ago

Business / BusinessLine/ Sports

Fighting Saina moves ahead defeating Hong Kong’s Ngan Yi Cheung..

Protesters vow to stop women from entering Sabarimala temple

6 hours ago

Business / LiveMint/ Economy Politics

As temple gets set to open doors,devotees lay siege to entry points to stop, search vehicles for girls, women..

Govt examining proposal to bid out UMPPs to meet rising power demand : Power Min R K Singh

11 hours ago

Business / MoneyControl/ Business News

UMPPs are 4,000 MW super thermal power projects (both pit head and imported coal-based)...