Amazon, Walmart may seek US help on India#39;s e-commerce policy

Industry experts say an implementation of these proposals may impact India-specific investment flow from Amazon and Walmart

AI wave: Your next insurance product will be chosen, driven by AI, not humans

Chatbots are an area where AI is being deployed heavily in the insurance sector. This is not only to assist customers through the purchase cycle but also to help choose the right products

Zydus Cadila gets USFDA nod for anti-bacterial drug

The company has received final approval from the US Food Drug Administration (USFDA) for the drug, Zydus Cadila said in a statement.

Maruti Suzuki July sales fall 0.6% on tepid domestic growth, weak exports

Domestic passenger vehicle sales declined 0.6 percent to 1.52 lakh units

Maruti Suzuki July sales fall 0.6% to 1.64 lakh units on tepid growth in domestic, weak exports

Domestic sales grew by 0.1 percent year-on-year to 1.54 lakh units while exports declined 9.9 percent to 10,219 units in month gone by.

Bajaj Auto July sales zoom 30% to 4 lakh units, Rajiv Bajaj sees growth sustaining on festive demand

Rajiv Bajaj, Managing Director at Bajaj Auto, feels August performance should be similar to July or could be tad better than June as the festival season kick-starts

Bajaj Auto July sales zoom 30% to 4 lakh units, MD Rajiv sees growth to sustain on festive season

Motorcycle segment reported a 25 percent growth in sales to 3.32 lakh units and 3-wheeler division posted a massive 59 percent growth in sales to 67,663 units compared to year-ago month.

Bajaj Auto July sales zoom 30% to 4 lakh units driven by growth across the board

Motorcycle segment reported a 25 percent growth in sales to 3.32 lakh units and 3-wheeler division posted a massive 59 percent growth in sales to 67,663 units compared to year-ago month.

Bajaj Auto August sales zoom 30% to 4 lakh units driven by growth across the board

Motorcycle segment reported a 25 percent growth in sales to 3.32 lakh units and 3-wheeler division posted a massive 59 percent growth in sales to 67,663 units compared to year-ago month.

Hathway plans to deleverage books by Rs 500 cr by March 2020

The company#39;s total debt stood at Rs 1,617 crore as on March 31, and its net debt-to-equity ratio stood at 1.23.

Taiwanese co proposes $6.6 bn investment in India

"Met with a delegation led by President of Taiwan#39;s state-owned petrochemical company, CPC Corporation. They propose to invest $ 6.6 billion in petrochemical projects in Paradip using feedstock from IOC," Pradhan tweeted.

NBCC highest bidder for HSCC, Engineering Projects: sources

"The total investment from NBCC towards these acquisitions could be to the tune of about Rs 400 crore," they said, adding the merger is in line with the government#39;s decision to merge PSUs to create large state-owned firms.

Ruchi Soya#39;s lenders to meet today to consider Adani Wilmar Rs 6,000 cr bid

Adani Wilmar, which sells cooking oil under the Fortune brand, and Baba Ramdev-led Patanjali are in the fray to acquire debt-ridden Ruchi Soya. Adani has emerged as the highest bidder (H1) with an offer of about Rs 6,000 crore, while Patanjali#39;s bid was worth around Rs 5,700 crore.

Health Ministry signs MoU with Electronics Ministry to facilitate access of Ayushman Bharat

Health Minister J P Nadda and Minister for Law and Justice and Information Technology Ravi Shankar Prasad presided over the signing ceremony.

Parliamentary panel asks govt to ensure reliable feedstock to BCPL

The panel also asked the government to release balance amount of capital subsidy of Rs 449.45 crore that would help BCPL improve its financial condition.

Gupshup partners WhatsApp for enterprise messaging

WhatsApp had launched WhatsApp Business to help enterprises better manage conversations with customers.

RIL wins arbitration award in gas dispute with govt

The three member panel by a majority of 2-1 also awarded USD 8.3 million compensation to the three partners, Reliance said in a regulatory filing.

Podcast | Deep Dive: How solid relationships with our money and our friends will make for a fulfilling and enriched life

Our relationship with money... is a lot like our friends. How so? Well, listen on and you’ll find out.

Jaypee Infratech Q1 loss widens to Rs 298 cr

Total income from operations, however, rose to Rs 355.39 crore during April-June quarter compared to Rs 320.10 crore in the corresponding period previous year.

NSE Co-location case: Narain, Ramakrishnan play blame game in testimony to SEBI

SEBI questioned the two former officials on multiple matters including Omenisys, Ajay Shah, and brokers allegedly involved in the case.

GST evasion worth Rs 3,026 cr detected in 1 year: Govt

In a written reply, Minister of State for Finance Shiv Pratap Shukla said between July 2017 and June 2018, a total of 1,205 cases of tax evasion were detected involving Rs 3,026.55 crore.

Premium smartphone shipment in India up 19% in Q2, OnePlus leads tally: Counterpoint

OnePlus led the premium smartphone segment with 40 percent market share, helped by record shipments of its OnePlus 6 handset as compared to its previous smartphones.

Gujarat dairy unions cut milk procurement price amid rising supply

Rising milk production coupled with reduction in milk powder price has forced the member dairy unions to cut the price of milk procured from farmers, according to GCMMF MD.

US puts LeT#39;s Abdul Rehman on list of Specially Designated Global Terrorist

A longtime member of the US designated Foreign Terrorist Organisation (FTO) and Lashkar e-Taiba (LeT), Dakhil was an operational leader for LeT#39;s attacks in India between 1997 and 2001.

Lack of medical facilities in Railways: Something #39;terribly wrong#39;, says SC

The hard hitting remarks by the apex court came while it was hearing a matter related to the death of a man at the platform of Vijayawada railway station after de-boarding a train.

Former Bombay HC chief justice Manjula Chellur appointed APTEL head

She has been appointed to the post for a period of three years, the official order said.

JSW begins integration of Aferpi spl steel plant in Italy

Later in a tweet Jindal said the plant has potential to be one of the best steel plants in the region.

Security preparedness top priority of NDA govt: Sitharaman

In an address at the annual Unified Commanders Conference, she also stressed on the need for greater "synergy" among the three services as well as between them and the ministry of defence.

Jagran Prakashan Q1 profit at Rs 88.35 crore

The company had posted a profit after tax of Rs 88.74 crore during the same period of previous fiscal, Jagran Prakashan said in a BSE filing.

PowerGrid net profit up 9% at Rs 2,240 cr in Apr-Jun qtr

The company#39;s transmission income stood at Rs 6,029.65 crore for the quarter compared to Rs 5,538.85 crore in the same period last fiscal, as per final tariff orders issued by the power regulator CERC.

Banks#39; bad loans surge to Rs 9.61L cr by FY18: Govt

After the asset quality review (AQR) directed by the Reserve Bank to lenders in 2015, transparent recognition of stressed assets as non-performing assets (NPAs) began, Minister of State for Finance Shiv Pratap Shukla said in Parliament.

Ultratech, Grasim deals to help reduce CTIL#39;s debt: KM Birla

Century Textiles and Industries (CTIL) in May this year announced plans to demerge its cement business into Aditya Birla group firm UltraTech Cement.

Trade wars do not benefit anybody: Tata Motors

Balaji was responding to a query on whether the company was apprehensive that sales of JLR could be caught up in the #39;trade wars#39; between the US and Europe and China.

JSPL gets part of Rs 2.5-cr railway tender; to supply 1 LT rail

This is the first time in three decades that rail procurement has been opened for the private sector.

LPG price hiked by Rs 1.76 per cylinder

Subsidised LPG with effect from midnight tonight will cost Rs 498.02 per cylinder in Delhi as against Rs 496.26 currently, a statement issued by Indian Oil Corp (IOC), the nation#39;s largest fuel retailer, said.

Daimler India MD Nesselhauf to take up global role in Germany

Nesselhauf, who was heading DICV since June 2014, will return to Germany to take over global responsibility for manufacturing engineering at Daimler Trucks#39; headquarters, the company said in a statement.

US accords India trade status equal to that of NATO allies ahead of bilateral talks

This move will improve India-US bilateral defence trade, and will allow India to buy more advanced and sensitive technologies from the US

Castrol Q2 net profit up 19% at Rs 164 cr

The company had reported a net profit of Rs 137.9 crore during the same period of the previous fiscal.

CBI arrests Saket SHO in bribery case, books Unitech founder Ramesh Chandra

It is alleged that the Saket court had referred 47 cases related to the Unitech Ltd to Saket police station for probe.

Karuna to have extended stay in hospital; Rahul meets him

Congress chief Rahul Gandhi, met the 94- year-old leader at the Kauvery Hospital.

SBI General Q1 net profit up 126%; wipes out accumulated losses

Gross written premium collected grew by 52 percent to Rs 1,011 crore in the first quarter.

Call drop: Trai sets new quality norms for 4G networks

The regulator has mandated telecom operators to ensure that not more than or equal to 2 percent of total data packets transmitted during uplink and downlink of calls should be lost so that customers get to experience better call quality.

GSFC Q1 net profit up 75%

Its net profit stood at Rs 40.52 crore in the same quarter last fiscal, the company said in a regulatory filing.

Madras HC upholds acquittal of ex-minister in colour TV scam

Dismissing the appeal filed by the CBI against the 2009 order by the lower court, Justice G Jayachandran said the prosecution had failed to conduct the investigation properly and collect adequate material to substantiate the charges.

EIH Q1 net profit dips 12% to Rs 10 cr

Company#39;s total revenue for the quarter under consideration stood at Rs 343.46 crore for the quarter under consideration.

TI Financial clocks standalone Q1 net profit of Rs 2.43 crore

The city-based Murugappa Group company had recorded a net loss of Rs 0.34 crore during the same period last year.

JK Paper Q1 profit up 58 pc to Rs 95 cr

The company had posted a net profit of Rs 60.11 crore in April-June quarter a year ago, JK Paper said in a BSE filing.

Need for relook at payments norms to keep pace with tech changes, says Niti Aayog

The digital payments market In India is expected to grow to USD 1 trillion by 2023 led by growth in mobile payments, presenting huge business opportunities for players in the digital space, he said at the launch of Niti Aayog report -- #39;Digital Payments - Trends, Issues and Opportunities.

BEML awaiting clarity on bullet train coaches#39; indigenisation

"We are keen in the indigenisation of bullet train coaches. BEML had tied up with Japanese company Hitachi in this regard. There is nothing final yet on the quantum of the indigenisation project or total order for the coaches," BEML Chairman and Managing Director D K Hota said.

Brent crude set for biggest monthly drop since 2016

OPEC increased production in July by 70,000 barrels per day (bpd) to 32.64 million bpd, a high for the year.