The spectrum auction that will kick off on March 1 will be muted, analysts at Goldman Sachs have said in a report citing Vodafone Idea’s weak balance sheet and a possibility that telcos will hol...

The oil subsidy bill could be slashed by half in the next fiscal from Rs 40,915 crore if crude remains within $45-55 per barrel. Sources said North Block is considering many factors in its subsidy ca...

In India, Flipkart competes with Amazon and Mukesh Ambani led JioMart. In July, it had raised $1.2 billion from Walmart and other existing investors, which had then valued the e-tailer at $24.9 billio...

Data giant S&P Global Inc has agreed to buy IHS Markit Ltd in a deal worth $44 billion that will be 2020’s biggest merger, creating a heavyweight in the increasingly competitive market in fi...

Stocks wrapped up Samvat 2076 on a positive note, with the benchmark Sensex ending 85.81 points, or 0.20 per cent, higher at 43443. The broader NSE Nifty gained 29.15 points, or 0.23 per cent, to clos...

Goldman Sachs is investing Rs 1,125 crore ($150 million) in Biocon Biologics which will value the latter at $3.94 billion. Biocon Biologics is a subsidiary of Biocon. The Bangalore-based firm on Satu...

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A bunch of forecasts released on Tuesday indicate the pandemic will create a greater havoc on the Indian economy than feared initially. All the three numbers from Fitch Ratings, India Ratings and Res...

The wild swings in stock prices that occurred in mid-March were shocking to most investors, but now it’s clear that even the Oracle of Omaha appears to have panicked.Warren E. Buffett bailed out of ...

Motorists in the country are unlikely to get the full benefit of the slump in global crude as the Modi government could hike the excise duty to shore up falling revenues because of the slowdown in the...