Business

SBI on Wednesday said it has reduced its marginal cost of funds based lending rate (MCLR) by 5-10 basis points. However, the reduction, which will be effective from July 10, will apply for shorter ten...

Snapping its five-day rising streak, equity benchmark Sensex closed 346 points lower after a highly volatile session on Wednesday, dragged by losses in index heavyweights Reliance Industries, Infosys ...

Kia Motors India has sold 50,000 activated connected cars in the country, including the Seltos and the Carnival. Kia achieved this in 10 months of its first product launch. Managing director and CEO K...

Among the Indian cities, Bangalore is expected to lead the UHNWI growth in India. According to the report, the city will see a growth of 40 per cent in UHNWI population, making it the first among the...

Output at Coal India fell more than 50 per cent during the three-day strike from July 2 to July 4, based on data released by the PSU. The public sector miner in a statement said that despite the stri...

Former ICICI Bank chairman K.V. Kamath has proposed interest rates should be as low as 6 per cent enabling banks to banks grow by lending. Bank interest rates at present hover around 7 per cent levels...

Online learning platform Unacademy on Tuesday said it has acquired Chandigarh-based startup PrepLadder for $50 million (around Rs 375 crore) in a cash and stock deal as it looks to expand its presence...

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 2,310 crore into one of its India units, Amazon Seller Services, according to regulatory documents. Amazon Corporate Holdi...

The Trump administration, under pressure to reveal which companies received loans from a $660 billion programme intended to keep small businesses afloat, on Monday released data showing that restauran...

UltraTech Cement on Tuesday announced that  its arm-Krishna Holdings Pte Ltd (Krishna) will sell its entire stake in Shandong Binani Rongan Cement Company Ltd for an enterprise value of $120 mill...