Business

Bengaluru-based e-commerce major Flipkart started its three-day Flipstart Days sale from Wednesday. Under the Flipstart Days sale, which will end on May 3, Flipkart is offering discounts in a range of product categories such as clothes, footwear, accessories, baby

Warren Buffett's Berkshire Hathaway Inc will put $10 billion behind Occidental Petroleum Corp's bid as it tries to see off competition from Chevron Corp to buy smaller rival Anadarko Petroleum Corp.

Occidental and Chevron Corp are locked in a battle to buy Anadarko's prized assets in West Texas' huge Permian shale oil field, the biggest

Oil-marketing companies increased the prices of petrol and diesel across the four metro cities on Tuesday. Petrol is priced at Rs. 73.13 per litre in New Delhi, Rs. 75.15 per litre in Kolkata, Rs. 78.70 per litre in Mumbai and Rs. 75.90 per litre in Chennai, according to state-run Indian Oil Corporation's (IOC) website, iocl.com. Petrol prices

Maruti Suzuki India on Wednesday reported a decline of 17.19 per cent in sales for the month of April. Maruti Suzuki India's total sales, including domestic sales and exports, came in at 143,245 units in April, the auto maker said in a regulatory filing to the Bombay Stock Exchange (BSE). That compares with total sales of 172,986 units in the

The rupee appreciated for the second straight session on Tuesday to close higher by 46 paise at 69.56 against the US dollar, reported news agency Press Trust of India (PTI). The gain came as crude oil prices retreated from

Yes Bank shares plunged as much as 30 per cent on Tuesday, after the private sector lender reported a net loss of Rs 1,506 crore for the quarter ended March 31. On the National Stock Exchange (NSE), the Yes Bank share price nosedived 29.76 per cent to an intraday l

Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) is a government-sponsored voluntary and contributory pension scheme for unorganised workers. The pension scheme admits unorganised workers in the age group of 18-40 years with a monthly income up to

The country's infrastructure output grew 4.7 per cent in March from a year earlier, government data showed on Tuesday.

For the 2018/19 financial year, infrastructure output grew 4.3 per cent from the previous year, according to the data.

Infrastructure output, which comprises eight sectors - such as coal, crude oil and electricity - accounts for

Jet Airways owes money to lessors, suppliers, pilots and oil companies

LPG or liquefied petroleum gas prices were hiked with effect from Wednesday, May 1. While the subsidised LPG prices were increased by 28 paise per cylinder (14.2 kilograms) in Delhi and 29 paise per cylinder in Mumbai, the non-subsidised rates were

Shares of Wadia Group companies fell on Tuesday after Ness Wadia, one of its promoters, was sentenced to two years in jail by a Japanese court for possession of drugs. Bombay Dyeing, Britannia Industries and Bombay Burmah Trading Company shares

Domestic stock markets started Tuesday's session on a weak note dragged lower by Yes Bank whose shares plunged after the private sector bank reported a quarterly net loss. The S-P BSE Sensex fell as much as 219.47 points to 38,847.86 in early deals, while the NSE Nifty moved to 11,686.65, down 68 points from the previous close. Selling in

India Post, under the government of India's department of post, apart from offering postal services also provides banking services via network of over 1.5 lakh branches. Kisan Vikas Patra (KVP) Accounts among various saving schemes provided by the India Post like National Savings Certificate, Public Provident Fund (PPF), Senior Citizens Savings

Gold prices fell by Rs 55 to Rs 32,945 per 10 grams at the bullion market on Tuesday due to tepid demand from jewellers, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. Tracking gold, silver also dropped by Rs 200 to Rs 38,500 per kg due to reduced offtake by industrial units and coin makers. Easing demand

IDBI Bank, the prime lender of Jaypee Infratech (JIL), has approached the Delhi bench of National Company Law Tribunal (NCLT) seeking extension of the 270-day deadline for the resolution of the company, sources said.

The deadline ends on May 6 and the Committee of Creditors (CoC) is likely to meet on April 30 to put to vote the

State Bank of India, the country's largest lender, has reduced interest rate on savings bank accounts with balance of Rs 1 lakh or more from today. The State Bank of India customers with Rs 1 lakh or more in their savings account will earn an interest of

Global investment firm KKR - Co Inc is leading a deal to acquire a controlling stake in India Grid Trust (IndiGrid), in a bet on the country's rapidly growing power sector, people familiar with the transaction told Reuters.

KKR, together with Singaporean sovereign wealth fund GIC, will acquire up to 57 per cent of IndiGrid for about

Boeing Co Chief Executive Dennis Muilenburg tried to bolster shareholder confidence in the company on Monday in his first general meeting since two fatal crashes of the 737 MAX triggered the jet's grounding, lawsuits and investigations.

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Diesel prices were increased in the range of 53-57 paise per litre in four metros in April 2019, according to data from state-run Indian Oil Corporation's (IOC) website, iocl.com. On April 30, diesel rates stood at Rs. 66.71 per litre in New Delhi, Rs.

Amazon.com Inc's India unit saw a 56 per cent rise in the number of local merchants selling to international markets, hitting export sales of over $1 billion, the company said on Tuesday.

Indian merchants were exporting more than 140

State Bank of India or SBI, offers multi option deposit scheme (MODS) account under its personal banking portfolio. SBI's multi option deposit scheme is a type of fixed deposit or term deposit scheme. A fixed deposit is a financial instrument offered by banks which fetches

Indian stock and foreign exchange markets remained closed on Wednesday for the Maharashtra Day holiday. Trading will resume on Thursday, May 2. Benchmark indexes S-P BSE Sensex and NSE Nifty had ended 0.1 per cent and 0.6 per cent lower on Tuesday respectively,

The S-P BSE Sensex and NSE Nifty 50 indexes ended lower in today's session paced by selling pressure in Yes Bank, IndusInd Bank, Hero MotoCorp and Maruti Suzuki. However, the losses were capped as IT shares like HCL Technologies, Infosys, Wipro and Tata Consultancy Services witnessed buying interest.

The Sensex ended 36 points or 0.1 per cent

State Bank of India (SBI), the country's largest lender, is hiring junior associates for its customer support and sales teams across various states. SBI's recruitment team has invited applications from Indian citizens for clerical cadre and the candidate can apply in

IRCTC (Indian Railway Catering and Tourism Corporation) Tourism is offering a tour package of eight nights and nine days to Shimla and Manali from Rs 29,710 per person. The tour, operated with a special AC tourist train, will commence on May 11 from Pune,

Kotak Mahindra Bank on Tuesday reported a net profit of Rs 1,407.80 crore for the quarter ended March 31. That marked an increase of 25.24 per cent compared with the net profit Rs 1,124.05 crore for the corresponding period a year ago. Shares in Kotak Mahindra B

Gold prices on Monday gained by Rs 30 to Rs 33,000 per 10 grams on the back of demand from jewellers, reported news agency Press Trust of India (PTI) quoting the All India Sarafa Association. Silver also surged Rs 250 to Rs 38,700 per kg on increased offtake by industrial units and coin makers. Despite weak global trend, gold prices saw an upward

Markets regulator Sebi (Securities and Exchange Board of India) on Tuesday directed the National Stock Exchange to disgorge more than Rs 625 crore of profits derived from dissemination of data in the co-location case and barred two

Hero MotoCorp shares fell as much as 4.73 per cent on the BSE after its net profit in January-March quarter declined on account of lower sale volumes. Hero MotoCorp's net profit declined 24.50 per cent to Rs 730.32 crore. Its profit stood at Rs 967.40 crore during the same

Sensing that the options to revive the grounded Jet Airways are fast running out, a group of airline employees has written to SBI seeking permission to allow a consortium of employees and external investors to bid for the company's management