Business

The Centre is planning to open up the city gas distribution business to competition, which will end the monopoly of Mahanagar Gas Ltd in Mumbai and Indraprastha Gas Ltd in Delhi as consumers get to pi...

HDFC Bank on Tuesday joined the list of lenders to reduce their marginal cost of funds based lending rate (MCLR) in a move that will make loans cheaper to its customers. The bank went for the rate cu...

The Supreme Court on Tuesday granted interim bail to Unitech promoter Sanjay Chandra, who is in jail since August 2017 for allegedly siphoning off home buyers’ money, on “humanitarian grou...

At the inter-bank forex markets, the rupee pared initial gains to settle lower  by two paise at 74.68 against the dollar because of rising crude oil prices and dollar buying by importers. While ...

Rajiv Bajaj, the outspoken managing director of Bajaj Auto who believed in herd immunity and that  everybody below 60 years should return to work, is now finding his radical views being put to te...

The Enforcement Directorate (ED) has filed a money laundering case against the GVK group, the Mumbai International Airport Limited (MIAL) and others to probe alleged irregularities to the tune of Rs 7...

Brokerages and wealth managers are advising investors to increase their exposure to gold through bonds and ETFs in the present scenario of softer interest rates and volatile stock markets. Portfolio ...

India’s tea production declined 54 per cent to 39.02 million kg in April because of the nationwide lockdown to control Covid-19, according to data from the Tea Board. The output had stood at 84....

The Covid-19 pandemic had a mixed impact on the business of Tata Consumer Products Ltd — the food and beverage company from the Tata stable. TCPL, formerly Tata Tea and Tata Global Beverages, s...

Adani Transmission on Monday said it has entered into an agreement with Kalpataru Power Transmission Ltd (KPTL) to acquire Alipurduar Transmission Ltd. The enterprise value for the project is ascribe...