Japan still has no Iran sanctions waiver after talks with US officials

Japan still has no Iran sanctions waiver after talks with US officials The Trump administration has said it is considering waivers on sanctions for countries that are reducing their imports of Iranian oil on a case-by-case basis

TCS acquires London-based W12 Studios

TCS acquires London-based W12 Studios It said W12 Studios will be part of TCS Interactive, strengthening the gamut of creative and experience services.

Danske Bank boss says to early to assess scandal damage

Danske Bank boss says to early to assess scandal damage Danske#39;s third-quarter earnings showed lending had increased across the Nordic countries, with solid activity among retail and commercial customers

Deutsche Bank launches EEX Asia in Singapore to grow in Asian commodity markets

Deutsche Bank launches EEX Asia in Singapore to grow in Asian commodity markets The bank, which has global ambitions for EEX, said it would rebrand its Singapore-based subsidiary Cleartrade Exchange (CLTX) as EEX Asia

Tesla#39;s auto-park upgrade to be ready in six weeks: Elon Musk

Tesla#39;s auto-park upgrade to be ready in six weeks: Elon Musk He tweeted that the upgrade will be compatible in all Tesla cars made in the past two years

Samsung Electronics to compensate ill workers at plants after mediator#39;s proposal

Samsung Electronics to compensate ill workers at plants after mediator#39;s proposal The move will put an end to the years-long dispute between the company and an advocacy group representing sickened workers after the 2007 death of a Samsung chip factory worker with leukaemia

Credit Suisse defends trading arm as profit jump fails to convince market

Credit Suisse defends trading arm as profit jump fails to convince market The unit still has an important role to play after the restructuring to focus on managing billionaires#39; wealth and scale back investment banking

EU probe on Tata Steel-thyssenkrupp JV could lead to sale of assets

EU probe on Tata Steel-thyssenkrupp JV could lead to sale of assets The probe will check if the JV will reduce competition in the European steel market

Venkaiah Naidu invites Botswanian firms to do business with India

Venkaiah Naidu invites Botswanian firms to do business with India India#39;s engagement with Africa over the last four years has been unprecedented, Naidu said.

Car industry records muted growth for fourth straight month

Car industry records muted growth for fourth straight month A significant rise in insurance premiums, rise in fuel prices and hike in interest rates affected off-take at the retail level.

Graphite electrode maker HEG to firm up expansion plans by December

Graphite electrode maker HEG to firm up expansion plans by December On expansion front, Jhunjhunwala said, “HEG is at the last leg of finalising that report."

NBFCs, HFCs eye private equity, overseas debt to counter liquidity crunch: Report

NBFCs, HFCs eye private equity, overseas debt to counter liquidity crunch: Report NBFCs have been facing liquidity problems since the past month following the ILFS crisis

Exclusive: FinMin fears major NBFC default without liquidity lifeline; says situation fragile

Exclusive: FinMin fears major NBFC default without liquidity lifeline; says situation fragile The RBI believes the financial situation is under control. But the Finance Ministry is worried.

Fitch affirms IDBI Bank#39;s long-term IDR at BB

Fitch affirms IDBI Bank#39;s long-term IDR at BB The rating agency also removed the lender#39;s VR from #39;rating watch evolving#39;. It had placed the state-run lender under rating watch evolving in December last year.

GN Bajpai resigns from new ILFS board; cites personal reasons

GN Bajpai resigns from new ILFS board; cites personal reasons The government’s decision to appoint Bajpai was reported to have been questioned by proxy advisory firms.

GN Bajpai resigns from new ILFS board; cites personal reasons: Report

GN Bajpai resigns from new ILFS board; cites personal reasons: Report The government’s decision to appoint Bajpai was reported to have been questioned by proxy advisory firms.

Airtel tops in 4G download speed, Idea in upload: OpenSignal

Airtel tops in 4G download speed, Idea in upload: OpenSignal "Airtel came top in our analysis of download speed experience with a score close to a third faster than its rivals. But the next three operators were fairly closely grouped, with less than 0.6 of a megabit separating Jio, Vodafone and Idea," OpenSignal said.

Ads in WhatsApp stories will be a key revenue source for Facebook

Ads in WhatsApp stories will be a key revenue source for Facebook These ads would be Facebook’s way of monetising its investment in WhatsApp through an advertisement-focused business strategy

Maruti Suzuki offers discounts on cars to battle insurance premium hike

Maruti Suzuki offers discounts on cars to battle insurance premium hike Average discounts offered by the maker of Swift, Dzire and Baleno rose 23 percent to 18,750 per vehicle, a raise of Rs 3500 per vehicle

Reliance Capital garners long-term financing of Rs 4,000-cr

Reliance Capital garners long-term financing of Rs 4,000-cr The funds have been raised through securitisation of asset pool of the group#39;s two firms -- Reliance Home Finance and Reliance Commercial Finance, they added.

SBI asks NCLT to withdraw insolvency proceedings against Uttam Galva Steel

SBI asks NCLT to withdraw insolvency proceedings against Uttam Galva Steel ArcelorMittal, in its bid for Essar Steel, had paid off debts of Uttam Galva.

Ford India sales up 42% in October

Ford India sales up 42% in October Domestic sales jumped over two-fold at 9,044 units in October as against 4,218 units in the year-ago month, Ford India said in a statement.

Lots Wholesale Solutions aims to be profitable in 5-7 years

Lots Wholesale Solutions aims to be profitable in 5-7 years Lots Wholesale, which opened its second cash carry store in Delhi NCR on Thursday, said for the next 2-3 years the company would continue to add more stores in North India as a part of its expansion plans and intends to have a national footprint in 10 years time.

ONGC to draw perspective plan to integrate business

ONGC to draw perspective plan to integrate business The nation#39;s largest oil and natural gas producer is keen that its recent diversification into refining business as also petrochemicals is leveraged to full by integrating them with its core business.

Tata Motors October sales increase 18% on double digit growth across major segments

Tata Motors October sales increase 18% on double digit growth across major segments Tata Motors#39; commercial vehicles sales in the domestic market, which contributed 68 percent to total sales, grew by 22 percent year-on-year to 39,420 units, led by the continued acceptance of the BS4 products.

Govt#39;s 3% share sale in Coal India over-subscribed; to fetch Rs 5,000 cr

Govt#39;s 3% share sale in Coal India over-subscribed; to fetch Rs 5,000 cr Bidding opened for retail buyers on Thursday-- which was the second day of the two-day OFS-- during which small investors put in bids for over 4.23 crore shares or 1.07 times the shares reserved for them, as per data available with NSE.

Mahindra sales up 14% at 58,416 units in October

Mahindra sales up 14% at 58,416 units in October In the domestic market, sales were up by 13 per cent at 55,350 units last month as compared to 48,860 units in October 2017.

Tata Motors: Domestic business shines, JLR hits a speed breaker

Tata Motors: Domestic business shines, JLR hits a speed breaker In the near future, JLR is expected to continue to face challenges in various economies, including uncertainty in UK and Europe and change in import duty in China. Huge investment will be required to revamp its aging portfolio and include electric vehicles

Bajaj Electricals Q2 net profit up 79% on strong sales show

Bajaj Electricals Q2 net profit up 79% on strong sales show The company had a 70 percent YoY increase in gross sales in Q2

Zydus Cadila launches generic erectile dysfunction drug in US

Zydus Cadila launches generic erectile dysfunction drug in US The company has launched the tablets in the strengths of 2.5 mg, 5 mg, 10 mg and 20 mg in the US market after receiving the final approval from the United States Food and Drug Adminstration (USFDA), Zydus Cadila said in a statement.

VECV sales up 14% in October

VECV sales up 14% in October The company had posted sales of 5,228 units in October 2017, VE Commercial Vehicles (VCEV) said in a statement.

Toyota domestic sales up 2% at 12,606 units in October

Toyota domestic sales up 2% at 12,606 units in October The company had sold 12,403 units in the same month last year in the domestic market, TKM said in a statement.

Burdy launches cab aggregation services in Delhi-NCR

Burdy launches cab aggregation services in Delhi-NCR According to co-founder and CEO Rishabh Srivastava, the bootstrapped firm is a "tech company" and will start with cab aggregation and roll out other offerings like repair services as well in the coming months.

#39;This is a crisis for JLR#39;, says Tata Motors CFO PB Balaji

#39;This is a crisis for JLR#39;, says Tata Motors CFO PB Balaji Jaguar Land Rover has lost close to 200 bps in market share in China in recent months

CBI relief likely for independent directors in IDBI Bank Rs 600-cr loan case

CBI relief likely for independent directors in IDBI Bank Rs 600-cr loan case The agency had booked about 15 officials, including BSE chairman S Ravi and Aptech non-independent director Ninad Karpe.

Refund debenture money with 15% interest: Sebi tells Sahara India

Refund debenture money with 15% interest: Sebi tells Sahara India Besides barring these entities from the capital markets for four years, the Securities and Exchange Board of India (Sebi) has ordered them to refund the money along with 15 per cent annual interest.

Prabhat Dairy eyes retail route to double revenues

Himadri Buch The company is looking to expand the franchisee outlets of Prabhat Goodness Zones in Tier II and III towns of Maharashtra

Refund money raised via OFCDs with 15% interest: Sebi tells Sahara India Commercial Corp

Refund money raised via OFCDs with 15% interest: Sebi tells Sahara India Commercial Corp Besides barring these entities from the capital markets for four years, the Securities and Exchange Board of India (Sebi) has ordered them to refund the money along with 15 per cent annual interest.

Use dips to buy Nifty till Diwali; 6 stocks that could give 20-30% return

Use dips to buy Nifty till Diwali; 6 stocks that could give 20-30% return Looking at the above technical evidence, we are expecting a rally towards 10,600 – 10,700 in Nifty in coming months, said Jay Purohit, Technical Derivatives Analyst at Centrum Broking Limited

Silver up Rs 37 in sync with global trend

Silver up Rs 37 in sync with global trend In futures trading at the Multi Commodity Exchange (MCX), silver to be delivered in November was trading up by Rs 37, or 0.10 per cent to Rs 38,119 per kg, in a business turnover of 370 lots.

Nickle futures succumb to profit-booking, down 0.23%

Nickle futures succumb to profit-booking, down 0.23% At the Multi Commodity Exchange, nickel for delivery in November fell by Rs 2, or 0.23 per cent, to trade at Rs 854.70 per kg in a business turnover of 626 lots.

Swiggy expands services in 16 new cities

Swiggy expands services in 16 new cities The new cities include Thrissur, Tirupur, Warangal, Aurangabad, Agra, Mangalore, Manipal, Jalandhar, Trichy, Udaipur, Amritsar, Varanasi, Bhubaneshwar, Vellore, Thiruvananthapuram and Kota, Swiggy said in a statement.

Spot demand, global cues lift zinc futures by 0.72%

Spot demand, global cues lift zinc futures by 0.72% Zinc for delivery in November was trading higher by Rs 1.35, or 0.72 per cent, at Rs 188.35 per kg in 625 lots at the Multi Commodity Exchange.

Copper futures slide as traders lower bets

Copper futures slide as traders lower bets At the Multi Commodity Exchange, copper for delivery in November was trading 30 paise, or 0.07 per cent down at Rs 435.40 per kg in a business turnover of 426 lot.

Gold goes up 0.11% on positive global cues

Gold goes up 0.11% on positive global cues At the Multi Commodity Exchange, gold for delivery in December was trading higher by Rs 36, or 0.11 per cent, to Rs 31,784 per ten grams, in a business turnover of 154 lots.

Fitness cover: GOQii to apply for licence to sell insurance

Fitness cover: GOQii to apply for licence to sell insurance This will enable them to issue insurance policies to their customers

October GST collections cross Rs 1 lakh crore

October GST collections cross Rs 1 lakh crore The government was hopeful that it could surpass the landmark of Rs 1 lakh crore at the end of the year due to the festive season

United Spirits jumps 8% as Morgan Stanley upgrades rating after Q2 earnings

United Spirits jumps 8% as Morgan Stanley upgrades rating after Q2 earnings The research house also raised its target price to Rs 700 from Rs 650 per share earlier on signs of volume growth acceleration

Ahead of Dhanteras, WGC raises concerns on gold prices

Ahead of Dhanteras, WGC raises concerns on gold prices A fall in demand from the world#39;s second-biggest bullion buyer could weigh on global prices that are already down 6.5 percent so far this year.

DoT likely to raise only Rs 40,000 crore in spectrum auction: Report

DoT likely to raise only Rs 40,000 crore in spectrum auction: Report Banks, especially government-backed ones, are reluctant to lend further to telecom companies since they are already under a lot of debt