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Business

Amazon bid to block Future deal

Amazon.com Inc has moved the Delhi high court to block Future Group from selling its retail assets to Reliance...

Fuel duty cut unlikely

Motorists may not get any immediate relief from the high petrol and diesel prices as the finance ministry does...
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Kotak Bank net profit up 11%

Private sector lender Kotak Mahindra Bank’s consolidated profit after tax (PAT) grew 11 per cent to Rs 2...

Bombay high court denies bail to Kapoor

The Bombay high court on Monday  refused to grant bail to Yes Bank founder Rana Kapoor, who is accused in...

Thumbs-up to Grasim paints foray

Investors on Monday gave a thumbs-up to Grasim Industries’ plan to foray into the paints segment. On th...

RIL stock battered, cedes ground to TCS

Reliance Industries’ decision to stop showing its refining margins in its quarterly numbers pulled down ...

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Business  /  Published 25.01.21

Sensex tumbles 531 points to close at 48,348

  The BSE benchmark Sensex dived nearly 531 points to close at 48,348 on Monday, prolonging its losing streak to the third straight session, weighed down by massive selling particularly in energ...
By Our Bureau, Agencies in Mumbai

Business  /  Published 25.01.21

Sensex zooms over 340 points in early trade

  The BSE benchmark Sensex surged 346.55 points in the opening session on Monday, propelled by a rally in financial stocks. The 30-share index was trading 346.55 points or 0.71 per cent higher ...
By Our Bureau, Agencies in Mumbai

Business  /  Published 25.01.21

Budget should offer more tax breaks

The upcoming Union budget is one of the more important ones our country has seen, coming as it is after a pandemic that brought the economy to a standstill and put a pause on people’s aspiration...
By Adhil Shetty in

Business  /  Published 25.01.21

Labour codes to impact gratuity

A lot is now being heard about the new labour codes. What  they are, why do we need them, whom will they impact and in what way: there are far too many queries in our minds. Let us try to decode ...
By Dinesh Agarwal, Puneet Gupta in Calcutta

Business  /  Published 25.01.21

BMW eyes 25 rollouts

BMW India is targeting a double-digit growth in sales this year after having touched an 11-year low during pandemic-hit 2020. It plans to launch 25 products this year. The German company has sold 6,0...
By Anasuya Basu in

Business  /  Published 25.01.21

RIL spins off oil-to-chem unit

Mukesh Ambani’s Reliance Industries Ltd has completed the spin-off of the firm’s oil-to-chemical business into a new unit that will help it pursue growth opportunities with strategic partn...
By PTI in

Business  /  Published 25.01.21

Cairn investors demand payback

Some of Cairn Energy Plc’s marquee shareholders that include BlackRock, MFS, Franklin Templeton and Fidelity have asked the Indian government to honour an arbitration award and return $1.2 billi...
By PTI in New Delhi

Business  /  Published 25.01.21

Strong Q4 seen for steel sector

JSW Steel reported a strong set of numbers with the best-ever earnings before interest, tax and depreciation on the back of an unprecedented rise in steel prices and healthy margin. The company’...
By Sambit Saha in Calcutta

Business  /  Published 25.01.21

Tea: normality to reduce profits of gardens

The hike in wages rates in Bengal along with production returning to normality would impact the profitability of the tea industry. The impact on bulk tea prices once production returns to normal in t...
By Our Special Correspondent in New Delhi

Business  /  Published 24.01.21

Real estate hopes for a boost

Budget 2021 is expected to lay key emphasis on the real estate sector. Home buyers and developers are looking for a higher tax relief to spur demand. The cap of Rs 2 lakh on housing loan interest und...
By R. Suryamurthy in New Delhi


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