Corporate Corridor | Maruti#39;s diesel masterstroke may have a lesson for one and all

Transforming transport is never straightforward. For the sector to go forward, everyone needs to be on board.

With NBFC crisis deepening, insurers weigh options

Insurers are now in a hurry to rejig their portfolio towards highly rated debt instruments.

Maruti Suzuki April sales dip 17% at 1.43 lakh units

The company#39;s domestic sales were down 19 percent at 1,33,704 units against 1,64,978 units in April 2018.

Maruti Suzuki April sales dips 17% at 1.43 lakh units

The company#39;s domestic sales were down 19 percent at 1,33,704 units against 1,64,978 units in April 2018.

US Federal Reserve likely to ignore Trump#39;s call to cut interest rates

The unorthodox advice - more in line with what economists on the far left of the political spectrum might advocate - is likely to go unheeded by a central bank that views its current target interest rate as roughly where it should be to keep the growing US economy on an even keel.

US Federal Reserve likely to ignore Trump#39;s call to cut interest rates

The unorthodox advice - more in line with what economists on the far left of the political spectrum might advocate - is likely to go unheeded by a central bank that views its current target interest rate as roughly where it should be to keep the growing US economy on an even keel.

Govt sells #39;enemy properties#39; worth Rs 1,874 cr in April

The Cabinet in November 2018 had given its go-ahead to the Department of Investment and Public Asset Management (DIPAM) to sell #39;enemy shares#39; and #39;enemy properties#39; -- which refers to the assets left behind by people who migrated to Pakistan or China and are no longer citizens of India.

Maruti#39;s diesel masterstroke may have a lesson for one and all

Transforming transport is never straightforward. For the sector to go forward, everyone needs to be on board.

Questions raised over JJ#39;s India-specific donation of TB drug bedaquiline

The US-based healthcare products major is already facing multiple regulatory investigations in the country over the safety of its products.

Modi-government report card: Inflation management

In this episode of the seven-part series, we take a look at how the Modi government managed inflation.

Huawei jumps ahead of Apple in tough smartphone market

A total of 310.8 million smartphones were shipped globally during the first three months of this year in a 6.6 percent decline from the same period in 2018.

Eric Schmidt leaves Google board, ending an era

Schmidt will not seek re-election to the board when his term expires in June, but will continue to advise on technical matters, according to Alphabet.

Oil pares gains as fears ease on Venezuelan exports

Brent crude futures hit a session high of $73.27 per barrel and settled 76 cents, or 1.1 percent, higher at $72.80. Last week, Brent hit a six-month high above $75.

Opinion | Central banks embark on a gold rush, should you?

Between 2010-19 total gold purchased by central banks was 3,560.28 tonnes.

Opinion | Central banks embark on a gold rush, should you?

Between 2010-19 total gold purchased by central banks was 3,560.28 tonnes.

SP 500 posts best four-month run in nearly nine years; Apple jumps after hours

Apple shares jumped about 5 percent following its quarterly results after the bell, which will help to ease worries about the earnings outlook for the SP 500, even as Google-parent Alphabet tumbled during the session in the wake of a revenue miss.

Facebook overhauls design as it pivots to private messaging

Chief Executive Mark Zuckerberg unveiled a fresh design for the world#39;s biggest social network that de-emphasized its News Feed. It also ditched the signature blue banner that has been on the app since its launch.

Nirav Modi to make another bail plea in UK court on May 8

Barrister Nick Hearn from Furnival Chambers will represent the CPS at the bail hearing, while Modi will be represented by Clare Montgomery of Matrix Chambers.

Zensar Q4 net profit up 14% at Rs 82.74 crore

Revenue from operations grew 29.78 per cent to Rs 1,057.41 crore in the reported quarter from Rs 814.73 crore in the corresponding quarter of 2017-18.

Monsanto India net profit falls 57.45% in March quarter

The company#39;s total income declined to Rs 132.56 crore during the January-March 2019 period, compared with Rs 161.18 crore in the year-ago quarter.

Co-location case: SEBI bars Ajay Shah, others from association with all SEBI-recognised entities for 2 years

It was alleged that Ajay Shah, who had collected NSE trade data in 2005-06 under the pretext of research activities, developed a software that was sold to select brokers who are at the centre of the co-location controversy.

Lenders approve Patanjali#39;s Rs 4,325 cr bid for Ruchi Soya

Homegrown FMCG major almost got a walk over after rival Adani Wilmar decided to pull out from the race despite being selected the highest bidder few months back.

Airtel Africa posts $412 mn profit in FY19

Data customers in Airtel Africa network increased by 5.1 million to 30 million as compared to 24.9 million in the previous year.

NSE co-location case: SEBI bars OPG from securities market for 5 yrs; asks co, directors to disgorge Rs 15.57cr

SEBI also prohibited OPG from taking any new clients for a period of one year from the date of the order.

How Russia contaminated $2.7 billion of oil exports to Europe

The disruption sent oil to a six-month high above $75 a barrel, tarnished Russia#39;s reputation as an exporter at a time of rising competition with US oil sales and triggered a Russian probe into whether the pipeline had been sabotaged.

Uday Kotak warns of more liquidity squeeze, muddying waters for financial sector again

The next six months are crucial for the financial sector, Kotak, the executive vice-chairman of Kotak Mahindra Bank said, adding the fear this time is the financial sector impacting both itself as well as the real sector.

US Commerce Secretary Wilbur Ross to meet Suresh Prabhu on May 6

Issues such as withdrawal of GSP benefits by Washington are expected to come up for the discussion.

SAIL introduces pension scheme current, former employees

Under the approved scheme, SAIL said, all executive employees who were on rolls of the company on or after January 1 2007, as well as non-executive employees on rolls on or after January 1, 2012, shall be covered in the scheme.

SBI savings a/c holders with Rs 1 lakh plus balance to get lower interest from Wednesday

According to the information provided on the website of State Bank of India (SBI), the interest rate on savings bank accounts with balances above Rs 1 lakh will be 2.75 per cent below the RBI#39;s repo rate, which currently stands at 6 per cent.

China#39;s fear of an American blockade

As the Chinese navy expands its operations into the Indian Ocean, it is also building the capability to protect the sea lanes that carry China#39;s imports of vital oil and raw materials from the Middle East and Africa.

Netgear to start manufacturing from India by 2020

Netgear manufactures networking hardware such as routers for business enterprises and high-end consumers segment.

Ajanta Pharma Q4 net profit declines 5.92% to Rs 89 crore

The company had posted a net profit of Rs 94.49 crore for the corresponding period of the previous financial year, Ajanta Pharma said in a filing to the BSE.

Gruh Finance Q4 net profit flat at Rs 129 cr

Total revenues from operations during March quarter stood at Rs 557.77 crore as against Rs 444.15 crore in the year-ago period, the company said in a regulatory filing.

IndiGo grounds A320 Neo after hard-landing in Nagpur

A senior DGCA official said the aviation regulator is looking into the incident, adding both the pilots have been grounded pending a probe.

SC asks Amrapali Group to explain details of transactions, agreements with M S Dhoni

The top court said it wants the entire picture to be placed before it as also the explanation of each and every transactions and dealings with Dhoni.

SC asks Amrapali Group to explain details of transactions, agreements with M S Dhoni

The top court said it wants the entire picture to be placed before it as also the explanation of each and every transactions and dealings with Dhoni.

Co-location case: SEBI bars NSE from securities market for 6 months; directs exchange to #39;disgorge#39; Rs 625 cr

NSE did not exercise due diligence while putting in place TBT (Tick-by-Tick) architecture, SEBI said.

IHCL Q4 profit jumps 55% to Rs 123 crore

The PAT in the full 2018-19 fiscal stood at Rs 296.12 crore as against Rs 103.52 crore in the previous year.

Raymond Q4 net profit up 24.26% at Rs 67.70 cr

Total income during the quarter under review stood at Rs 1,837.11 crore as against Rs 1,655.12 crore in the same quarter of the previous fiscal.

Jaguar to move Land Rover Defender production to Slovakia

This is the second model to be built at the Slovakia plant, which was officially launched in October, where JLR expects to hit annual production of 100,000 cars by 2020.

OPEC supply squeeze seen supporting higher oil prices: Reuters poll

US light crude is seen averaging $60.23 per barrel this year, compared with $58.92 forecast in March.

NCLAT prepones hearing on Essar Steel to May 7

An NCLAT bench headed by Chairman Justice S J Mukhopadhaya on April 30 directed the matter to be listed on May 7.

Fire insurance rates spike as claims double

Insurers also want to conduct inspections before providing a quote for the policy

Vistara to hire 100 pilots, 400 cabin crew from Jet Airways

Tuesday was the last day of the two-day recruitment drive for the cabin crew at the Tatas-Singapore Airline-run Vistara, which took place simultaneously in Mumbai and Gurugram.

Ambuja Cement January-March net profit up 35.2% at Rs 695.30 crore

The company, which follows January-December fiscal, had posted a consolidated net profit of Rs 514.34 crore in the January-March period a year ago.

IOC#39;s RD centre patent filing crosses 1,000-mark

The Centre filed the 1,001st patent this week, the company said in a statement here.

BASF Q4 net profit up 9.77% at Rs 86.27 cr

Total income declined to Rs 1,321.3 crore during January-March quarter of 2018-19 from Rs 1,354.3 crore in the same period in previous fiscal.

IBC report card: 53% of corporate insolvency processes completed

359 cases had been admitted for corporate insolvency, while only 14 got resolution plan approvals and 73 went into liquidation in the January-March quarter

Exide Q4FY#39;19 net up 11% to Rs 211cr

The company in a statement reported a net turnover of Rs 2,598 crore for the period under review as compared to Rs 2,459 crore in the last corresponding period.

Rupee gains for 2nd straight session; settles 46 paise up at 69.56 vs USD

At the interbank foreign exchange market, the domestic unit opened at 69.83 and advanced to a high of 69.52 during the day. It finally settled at 69.56, registering a rise of 46 paise against the dollar over its previous close.