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Company news: JTL Infra

9 hours ago

Business / BusinessLine/ Home

JTL Infra on Monday said trial production has started at its greenfield manufacturing plant at Mangoan, Raigad, Maharashtra. The move was part of the..

Company news: Pritika Auto Industries

9 hours ago

Business / BusinessLine/ Home

The board of Pritika Auto Industries on Monday allotted 1.75 lakh shares at ₹175 apiece and 5.75 lakh warrants at ₹50 apiece to investors (public cate..

Indian Oil, KG Denim: Buyback offer opens

9 hours ago

Business / BusinessLine/ Home

Shares of Indian Oil Corp and KG Denim will remain in focus, as the buyback offers from these firms open on Tuesday and close on February 4. The PSU..

Shree Digvijay Cement: Open offer kicks off

9 hours ago

Business / BusinessLine/ Home

The open offer from True North Fund to the shareholders of Shree Digvijay Cement opens on Tuesday. The acquirer plans to buy 3.56 crore shares, repre..

3 insurance firms, Asian Paints results

9 hours ago

Business / BusinessLine/ Home

Asian Paints, Alembic Pharma, Agro Tech Foods, Aurionpro, Banaras Beads, Bharat Gear, Confidence Petroleum, Genus Power, Havells India, HDFC Standard..

As millets turn food of choice in cities, traders reap a rich harvest

9 hours ago

Business / BusinessLine/ Home

Prices of some nutri-cereals shoot up on limited supplies and rising demand in the South..

CBI case: CJI recuses himself from hearing plea against Rao’s appointment

9 hours ago

Business / BusinessLine/ Home

Chief Justice of India Ranjan Gogoi on Monday recused himself from hearing a plea challenging the appointment of M Nageswara Rao as interim CBI Direc..

CBI seeks Centre’s nod to prosecute Chidambaram in INX Media case

9 hours ago

Business / BusinessLine/ Home

The Central Bureau of Investigation (CBI) has sought the sanction of the Central government to prosecute former Finance Minister P Chidambaram in the..

Mamata Banerjee presiding over undemocratic govt: Piyush Goyal

9 hours ago

Business / BusinessLine/ Home

After the Trinamool Congress’ (TMC) mega show of opposition unity in Kolkata over the weekend, the ruling BJP on Monday fielded Union Minister Piyush..

China to import Indian tobacco

9 hours ago

Business / BusinessLine/ Home

India and China on Monday signed a protocol to export Indian tobacco leaves to China, which is the largest consumer and producer of the tobacco with o..

Lender evolves model to resolve stressed assets in infra space: Union Bank MD

9 hours ago

Business / BusinessLine/ Home

Union Bank of India has evolved a model for resolution of stressed assets in the infrastructure space by seeking to bundle the parent company and the..

The many nuances of regulatory autonomy

9 hours ago

Business / BusinessLine/ Home

A central bank-government equation is essentially about discovering the fine balance between autonomy and accountability..

Codex meet: Raise farmers’ awareness about global standards, says Kerala Governor

9 hours ago

Business / BusinessLine/ Home

The Codex Committee on Spices and Culinary Herbs and its peers should interact more often with farmers to create awareness about global standards, Ker..

More IL&FS staff in Ethiopia claim wages not paid for 6-8 months; refuse to return

10 hours ago

Business / BusinessLine/ Home

4 employees remain hostage of local staff; they also haven’t got salaries since July 2018..

For next phase of growth, Fab India bets big on experience centres

10 hours ago

Business / BusinessLine/ Home

The company expects to open 40 experience centres by March 2020..

HDFC Sec offers trading on MCX

10 hours ago

Business / BusinessLine/ Home

HDFC Securities has launched commodity derivatives trading to its customers by taking membership of MCX. HDFC Securities expects commodity derivatives..

All you wanted to know about Brexit referendum

10 hours ago

Business / BusinessLine/ Home

As India gears up for its general elections later this year, global financial markets are bracing for political turmoil elsewhere. The UK Prime Minist..

Issues in power subsidy and farm distress

10 hours ago

Business / BusinessLine/ Home

Farmers are wrongly blamed for high power consumption. They need incentives for growing appropriate crops..

A tottering IBC

10 hours ago

Business / BusinessLine/ Home

The Essar Steel case exposes holes in the code..

SREI Infra to list equipment finance arm after restructuring

10 hours ago

Business / BusinessLine/ Home

Amalgamation and demerger to create asset, gear units..

With an eye on bigger pie, Sattviko to break into kids snack segment

11 hours ago

Business / BusinessLine/ Home

Expects to close this fiscal with ₹20 crore net revenue..

What should start-ups go after for better venture returns

11 hours ago

Business / BusinessLine/ Emerging Entrepreneurs

Staging and syndication on venture returns are crucial in fund-raising exercises..

HUDCO Q3 profit up 27 per cent to ₹328 cr

11 hours ago

Business / BusinessLine/ Home

State-owned Housing and Urban Development Corporation (HUDCO) on Monday reported a 27 per cent increase in its net profit to ₹328.26 crore for the qu..

Zensar Q3 net profit dips 6% to ₹56.5 cr

11 hours ago

Business / BusinessLine/ Home

Software services firm Zensar Technologies on Monday reported a six per cent decline in consolidated net profit to ₹56.51 crore during the December..

Sequent Scientific (₹86.8): Buy

11 hours ago

Business / BusinessLine/ Today's Pick

Investors with a short-term perspective can buy the stock of Sequent Scientific at current levels. The stock has been in a medium-term uptrend since t..

Policy holders may get option to receive accident/health claim benefits in installments

12 hours ago

Business / BusinessLine/ Money & Banking

IRDAI had set up a working group to study the proposal..

NCLT approves merger of Tata Teleservices with Bharti Airtel

12 hours ago

Business / BusinessLine/ Home

The National Company Law Tribunal has approved merger of loss-making telecom firm Tata Teleservices with Bharti Airtel, according to an exchange fili..

GeM sees order value rising to ₹2 lakh cr in the next three years

12 hours ago

Business / BusinessLine/ Economy

The government aims to increase the order value of the Government e-Marketplace (GeM) to ₹2 lakh crore in the next three years, said Radha Chauhan, Ch..

ICICI Bank launches premium savings account for men

13 hours ago

Business / BusinessLine/ Home

‘The ONE’ offers account holders a host of benefits..

Sugar output to drop to 30.7 million tonnes: ISMA

13 hours ago

Business / BusinessLine/ Economy

Sugar production in UP may come down slightly to 11.28 mt in the current sugar season..

Prominent Lingayat seer in Karnataka dead

13 hours ago

Business / BusinessLine/ National

State government announces holiday tomorrow and mourning for three days..

Australian Open: Serena muscles past top seed Halep into quarters

13 hours ago

Business / BusinessLine/ Home

It was Williams’ first match against a world no 1 since returning after having a baby in September 2017..

Lupin gets USFDA nod to market hypothyroidism treatment drug

14 hours ago

Business / BusinessLine/ Companies

The tablets are also indicated as an adjunct to surgery and radioiodine therapy..

Non-obese and lean Indians also prone to type 2 diabetes: study

14 hours ago

Business / BusinessLine/ News

Rare January rain to lift Uganda coffee crop

14 hours ago

Business / BusinessLine/ Economy

Unseasonable rainfall in Uganda’s coffee regions this month is likely to enhance bean development for the harvest expected from April to May, a farme..

Tesla gets green light to start delivering Model 3 in Europe

14 hours ago

Business / BusinessLine/ World

Tesla Inc has received permission to start selling its Model 3 in Europe, clearing the final hurdle in bringing the electric-car maker’s top seller to..

India, Kohli maintain top positions in ICC Test Rankings

14 hours ago

Business / BusinessLine/ News

A maiden Test series triumph in Australia saw both the Indian team and its skipper Virat Kohli consolidate their respective pole positions in the lat..

West Bengal pulling out of Ayushman Bharat could impact other states too

15 hours ago

Business / BusinessLine/ National

A large number of people from neighbouring states have been travelling to West Bengal for treatment in the past..

Pens major Cello opens Rs 300-cr plant in Gujarat

15 hours ago

Business / BusinessLine/ Home

To focus on bringing in innovative, value-added, high quality products at affordable price..

Libcoin and BHEL to build India’s first Lithium-ion Gigafactory

15 hours ago

Business / BusinessLine/ Home

Magnis Energy Technologies Limited announced that the Union Ministry of Heavy Industries and Public Enterprises has advised Bharat Heavy Electricals..

Rupee strengthens to 71.21 against the dollar

15 hours ago

Business / BusinessLine/ Forex

The rupee strengthened to 71.2150 to the dollar in late sessoin on Monday. The rupee weakened by 26 paise to 71.45 against the US dollar in early trad..

Sindhu, Saina, Srikanth to compete at Indonesia Masters

16 hours ago

Business / BusinessLine/ Home

Saina, on the other hand, had an impressive start to the season, losing semifinal spot at Malaysia Masters, which was the first World Tour Super 500 tournament of the season..

Initiated extradition process against 4 Sterling Biotech promoters, ED tells court

16 hours ago

Business / BusinessLine/ Home

The Enforcement Directorate on Monday informed a Delhi court that it has initiated extradition process against four Sterling Biotech promoters in th..

Kotak Mahindra Bank profit climbs 23% on higher interest income

17 hours ago

Business / BusinessLine/ Home

Kotak Mahindra Bank on Monday reported a 23 per cent rise in third-quarter net profit, helped by higher interest income and a write-back of provisions..

L&T shares fall over 3% after SEBI denies buyback

17 hours ago

Business / BusinessLine/ Home

Shares of Larsen and Toubro on Monday slumped over 3 per cent in opening trade after market regulator SEBI denied permission for its Rs 9,000 crore s..

Wockhardt gets USFDA nod for generic cancer drug

18 hours ago

Business / BusinessLine/ News

Drug firm Wockhardt on Monday said it has received approval from the US health regulator for generic version of Gleevec used for treatment of cancer..

GSK Chairman Philip Hampton to step down

18 hours ago

Business / BusinessLine/ World

GlaxoSmithKline Plc Chairman Philip Hampton will step down after more than three and a half years in the role, Britain's biggest drugmaker announced..

BMW drives in all-new X4 model in India

19 hours ago

Business / BusinessLine/ Home

German luxury carmaker BMW on Monday launched its new X4, a sports activity coupe, in India priced up to Rs 65.9 lakh (ex-showroom). The company is r..

‘Unpaid work’ by women worth 43-times Apple’s annual turnover: Oxfam

19 hours ago

Business / BusinessLine/ Home

53% said it was acceptable to harshly criticise a woman if she failed to take care of the house..

Reliance Ind hits high; technicals suggest further upside

19 hours ago

Business / BusinessLine/ Stocks

The Reliance Industries stock hit a 3-1/2 month high and technicals suggest further upside for it. The country’s biggest listed firm by market value,..

Oil rises to 2019 highs on strong China demand despite economic slowdown

21 hours ago

Business / BusinessLine/ Home

China's 2018 crude runs hit record 12.12 million bpd..

Mexico fuel pipeline blast toll reaches 85

21 hours ago

Business / BusinessLine/ World

People in the town where a gasoline explosion killed at least 85 people say the section of pipeline that gushed fuel has been a habitual gathering si..

British PM turns to Brexit ‘Plan B’

23 hours ago

Business / BusinessLine/ World

Britain will leave the European Union on March 29..

Budget airline Scoot adds 3 more cities to network

yesterday

Business / BusinessLine/ Economy

Scoot already operates seven existing routes in the country from Amritsar, Bengaluru, Chennai, Hyderabad, Kochi, Lucknow, and Tiruchirappalli..

MUDRA refinancing: FIDC seeks favourable eligibility norms for NBFCs

yesterday

Business / BusinessLine/ Money & Banking

Wants all RBI-registered NBFCs to be eligible for refinance..

Rs 10-lakh-plus car will not cost more as of now

yesterday

Business / BusinessLine/ Economy

Kerala HC stays inclusion of tax collected at source in value of supply for GST purposes..

Centre’s plan for standard size will cut production cost, say cloth makers

9 hours ago

Business / BusinessLine/ Economy

The Clothing Manufacturers Association of India hopes that the Government’s decision to conduct a study to come up with a standard size for apparels..

Ad-hoc teachers seek absorption by Delhi University

9 hours ago

Business / BusinessLine/ Home

Around 4,500 ad hoc teachers in the university are demanding absorption through special ordinance..

Weeks after polls, no sign of a Cabinet in Telangana

9 hours ago

Business / BusinessLine/ Home

It’s been six weeks since the Telangana Rashtra Samithi (TRS) registered a landslide victory in the Telengana Assembly polls, winning 88 seats out of..

At 7.5%, 7.7% India to be top growing economy in 2020: IMF

9 hours ago

Business / BusinessLine/ Economy

Says economy poised to get a boost from lower oil prices and easing inflation..

Lokpal would have prevented Rafale scam: Anna Hazare

9 hours ago

Business / BusinessLine/ Home

Lokpal would have prevented Rafale scam, says anti-graft activist..

The jobs conundrum

9 hours ago

Business / BusinessLine/ Home

The article ‘Rupee appreciation has hurt job creation’ (January 21) is a wake up call to the government as the lack of adequate attention in job crea..

Buyback blues

9 hours ago

Business / BusinessLine/ Home

The regulator needs to spell its stance clearly on the numbers to be considered in a buyback..

Congress not main player in Opposition’s show of strength: Jaitley

10 hours ago

Business / BusinessLine/ National

Arun Jaitley says ‘grand alliance’ lacks positivity...

Policybazaar.com strengthens leadership team

10 hours ago

Business / BusinessLine/ Home

PolicyBazaar appoints CTO, CPO..

Despite poor show in global markets, Uber posts 30% rise in net in FY18

10 hours ago

Business / BusinessLine/ Home

Uber India’s technology arm Uber India Technology also saw manifold jump in its net profit at Rs 19.6 lakh in 2017-18..

Heavy snow over hills, rain over plains of North-West India

10 hours ago

Business / BusinessLine/ Economy

An ‘intense’ western disturbance bearing down on North-West India has brought heavy snowfall/rain at most places over Jammu & Kashmir and at a few..

Why is the verdict on Karnataka mining case crucial for NMDC?

10 hours ago

Business / BusinessLine/ National

NMDC achieved an annual production of 34 mt and 35.57 mt in 2016-17 and 2017-18 respectively..

Park Hotels group unveils plan for 4,000 rooms in 5 years

10 hours ago

Business / BusinessLine/ Home

The Apeejay Surrendra Group, which owns The Park Hotels, is planning to double its inventory to 4,000 keys over the next half a decade, banking prim..

‘Humara Bajaj’ becomes ‘The World’s Favourite Indian’

10 hours ago

Business / BusinessLine/ Home

Foray into electric quadricycle, three-wheeler on the agenda..

Sugar price at Vashi declines

10 hours ago

Business / BusinessLine/ Home

Sugar prices at Vashi declined by ₹7-10 for S-grade and gained for M-grade on Monday. On Saturday 19-20 mills sold 34,000-35,000 bags at ₹2,930-2,9..

Aye Finance raises ₹70-cr debt

11 hours ago

Business / BusinessLine/ Home

Aye Finance, a non-banking finance company that lends to micro-enterprises, has raised about ₹70 crore ($10 million) in debt from impact investment fi..

Amazon irks traders again with indirect acquisition of More

11 hours ago

Business / BusinessLine/ Home

Amazon’s indirect acquisition of Aditya Birla group-owned More supermarket chain has irked the traders, again. According to traders, it is a violation..

IAA World Congress to be held in India in February 2019

11 hours ago

Business / BusinessLine/ Home

The three-day event will be held in Kochi from February 20..

ECoR installs 91 sanitary napkin vending machines in 36 trains

11 hours ago

Business / BusinessLine/ Home

The price of the sanitary napkin is ₹5 per piece..

Bangalore airport to be partially shut in February for air show

11 hours ago

Business / BusinessLine/ Home

The air show is scheduled to be held at the Yelahanka air base..

L&T Finance Q3 profit surges 81% to Rs 581 cr

12 hours ago

Business / BusinessLine/ Home

L&T Finance Holdings, arm of engineering firm Larsen & Toubro, on Monday posted a 81 per cent rise in consolidated net profit to Rs 581 crore..

Emission norms - Consider expanding scope of Volkswagen case to other car makers: SC to NGT

12 hours ago

Business / BusinessLine/ News

The Supreme Court on Monday favoured widening of judicial scrutiny of a case pertaining to use of cheat device in diesel cars to flout emission norms..

Kamala Harris announces she will run for US President in 2020

13 hours ago

Business / BusinessLine/ World

Senator Kamala Harris of California said on Monday she would pursue the Democratic presidential nomination in 2020, a decision announced with deliber..

Chinese President Xi warns party of ‘serious dangers’ as risks mount

13 hours ago

Business / BusinessLine/ World

“The party is facing long-term and complex tests in terms of maintaining long-term rule, reform and opening-up, a market-driven economy and within the external environment,” Xi said...

Upmove gains momentum in MCX-Aluminium

13 hours ago

Business / BusinessLine/ Commodities

The Aluminium futures contract on the Multi Commodity Exchange has risen sharply breaking above the key resistance level of $131 — the 21-day moving a..

New technique may help deploy neural networks on portable devices

13 hours ago

Business / BusinessLine/ Home

A team of researchers at the Indian Institute of Technology, Hyderabad has developed a new technique that promises to help deploy high volume artifici..

Now, chocolate bars are shrinking because of Brexit

13 hours ago

Business / BusinessLine/ Home

Shrinking chocolate bars and loaves of bread are leaving U.K. consumers dealing with stealth price rises, according to the Office of National Statisti..

Govt mulls paying farmers in cash instead of subsidies

14 hours ago

Business / BusinessLine/ Economy

With government forecasting budget deficit of 3.3 percent of GDP for the current fiscal year, economists expect India to miss the goal for a second year in a row as the administration gives into populist pressures..

Kia Motors to launch mid-SUV SP2i in 2019

14 hours ago

Business / BusinessLine/ Companies

Auto-maker Kia Motor Corporation is all set to launch its mid-Sports Utility Vehicle SP2i this year under its plan to be ranked among the top five a..

IKEA to furnish Rustomjee flats

14 hours ago

Business / BusinessLine/ News

IKEA will furnish 1200 apartments at Global City, Virar..

`Centre to soon take up linking of Godavari and Cauvery’

14 hours ago

Business / BusinessLine/ National

Low thickness steel pipes with a special treatment will be used to save project cost significantly..

Hong Kong housing ranked world’s least affordable for 9th year

14 hours ago

Business / BusinessLine/ Home

The city-state's median property price climbed to 20.9 times median household income in 2018..

Leather exports body seeks GST reduction on footwear to 12 per cent

15 hours ago

Business / BusinessLine/ Home

Currently, exports of leather and its products stand at $6 billion..

Allianz Global Corporate sets up India reinsurance branch

15 hours ago

Business / BusinessLine/ Home

Bullish about India's reinsurance market but plans a selective approach..

How musicians coordinate non-verbally during performance

15 hours ago

Business / BusinessLine/ Home

Using mathematical techniques, researchers measured how much the movements of each musician were predicting the movements of the others..

Tech corporates occupy 40 per cent of office space in Q4: CBRE

15 hours ago

Business / BusinessLine/ Home

Flexible space operators accounted for about six per cent of the quarterly leasing..

WhatsApp replicates Indian model globally to curb fake news

16 hours ago

Business / BusinessLine/ Home

To cap message forwarding to 5 chats at once..

Other income, lower provisioning help Union Bank post net profit of Rs 153 cr

16 hours ago

Business / BusinessLine/ Home

Higher other income and a lower burden of loan loss provisions helped Union Bank of India report a net profit of Rs 153 crore in the quarter ended Dec..