Business

Sun Pharmaceutical Industries, the country's largest drug maker by market value, posted a nearly four-fold jump in quarterly profit on Tuesday, beating analysts' estimates.

Net profit came in at Rs 1,242 crore ($175.45 million) versus Rs 322 crore profit last

The Finance Bill 2019 proposes a full tax rebate on annual personal income up to Rs 5 lakh. This rebate is applicable only if taxable income (after available income tax deductions) stands below Rs 5 lakh in a year, say financial planners. The government

SpiceJet has extended its special sale till February 10, 2019, said the airline on microblogging website Twitter. Under the offer, SpiceJet is offering domestic and international flight tickets starting from an all-inclusive Rs. 899 and Rs.

Domestic airlines are poised to cut their cumulative losses by as much as two-thirds in the financial year starting in April, aviation consultancy CAPA India said on Tuesday, with airline executives saying ticket prices are finally

Tata Motors shares fell for second day in a row after the company post market hours on Thursday reported its biggest ever quarterly loss on asset impairment charge for Jaguar Land Rover. Shares of Tata Motors fell as much as 3.63 per cent intraday to Rs 145.80 on top of Friday's 18 per cent slump. In October-December quarter Tata Motors reported

The government on Sunday launched the third bidding round under its open acreage licensing policy (OALP), according to a statement.

Twenty three blocks covering an area of 32,000 square kilometers were offered for bidding, out of which

SpiceJet has extended its special sale till February 14, 2019, said the private carrier on microblogging website Twitter. Under the sale, SpiceJet is offering domestic and international flight tickets starting from an all-inclusive Rs. 899 and Rs.

Domestic stock markets continue to trade on a lacklustre note tracking weakness in Asian peers amid trade war concerns. The Sensex declined as much as 237 points to hit 36,309 in morning deals while the Nifty touched 10,857, down 86 points from the

Airlines are regularly coming up with new offers on flight tickets in order to lure passengers and increase their customer base. These offers come amid high competition in the country's civil aviation sector, boosted by robust growth in passenger traffic registered over

Domestic equity benchmarks extended losses dragged by weakness in IT, banking and telecom shares ahead of inflation data for the month of January. The S-P BSE Sensex fell 0.66 per cent or 241 points to 36,154 and the NSE Nifty 50 Index declined 0.5 per cent or 57 points to 10,831.

Eight of 11 sector gauges compiled by the National Stock

Do you have a PAN (Permanent Account Number) card If not, applications for PAN card can be made online. Besides, any request for change or correction in PAN card data as well as reprinting of PAN card (in case of existing PAN) can also be made online, according to Income Tax Department's website - incometaxindia.gov.in. Online PAN applications

Anil Ambani-led Reliance Group companies on Saturday said they will take all appropriate legal steps against L-T Finance to protect and enhance the value of their respective stakeholders.

The group companies which have decided to take

The Supreme Court on Tuesday adjourned the hearing on a contempt notice issued to Reliance Communication (RCom) chairman Anil Dhirubhai Ambani and others on a plea filed by Ericsson India for allegedly not clearing its dues of Rs 550 crore.

Mr Ambani,

Recurring Deposit (RD) is a kind of term deposit under which one needs to deposit a fixed amount at fixed interval, which generates interest income. On maturity, the depositor is paid a lump-sum amount which includes the periodic investments and the interest income

Indian Railways offers concessions on ticket prices to senior citizens, the quantum of which ranges from 40 per cent to 50 per cent. These reductions in fares are available in all classes of mail/express/Rajdhani/Shatabdi/Jan Shatabdi/Duronto

Aluminium producer Hindalco Industries posted a 34.4 per cent drop in third-quarter profit on Tuesday, hurt by increase in input costs, mainly of coal and furnace oil.

Standalone net profit after tax was Rs 247 crore ($34.87 million) in the quarter

The government is looking to expedite discovery efforts to establish the country's shale oil and gas potential and has asked companies to submit a plan, two industry sources said on Sunday.

In late 2013, the government gave rights to Oil and

India Post Payments Bank (IPPB), a state-owned payments bank, offers three types of zero balance savings accounts - regular savings account, digital savings account, and basic savings bank deposit account. A zero balance savings account doesn't require customers to maintain

Reliance Jio provides five prepaid recharge options for its customers using JioPhone devices. The five recharge packs offered by Reliance Jio Infocomm - the provider of telecom services under brand Jio - for use are priced from Rs 49 to Rs 594. Each one of these recharge packs, meant to be used with the company's 4G-enabled JioPhone devices, of

SBI or State Bank of India, the country's largest lender, offers Revamped Gold Deposit Scheme (R-GDS), a fixed deposit scheme in gold. A fixed deposit is a financial instrument provided by banks which provides a higher rate of interest than regular savings account,

Bank fixed deposits (FDs) are very popular among investors looking for a guaranteed return from their investments. Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the facility of opening a fixed deposit. From 7 days to 10

Income tax assessees can reduce their taxable income by Rs 1.5 lakh a year under Section 80 of the Income Tax Act. This deduction, available to individuals or members of Hindu Undivided Families (HUFs), can be claimed against investment in life insurance policies,

Noting that finance ministers all over the world are perennially in search of revenue to balance government budgets, Union Minister Piyush Goyal on Sunday favoured printing currency as a way of deficit financing, citing the example of the US.

Mr

The rupee appreciated by 14 paise on Friday to close at 71.31 against the dollar on persistent foreign fund inflows even as the greenback strengthened overseas amid fresh concerns over global growth. This is the fourth successive session of

Online food delivery service Swiggy said on Tuesday it was expanding its ambit to include home delivery of essentials such as groceries from brick-and-mortar stores.

Swiggy has tied up with stores to deliver fruits and vegetables, baby care items and health products, it said in a statement.

The new service called 'Swiggy Stores', which will be

Britain is set to leave the European Union (EU) on March 29 and concerns remain across the globe with the financial markets already jittery over the possibility of a no-deal Brexit. For India, experts say, Brexit might have a short-term adverse

Bharat Petroleum Corp Ltd reported on Friday a 77 per cent plunge in third-quarter net profit, dragged down by higher expenses including raw material costs.

Profit came in at Rs 495 crore in the three months ended December 31, compared with Rs 2,144 crore a year earlier, the state-run company said.

However, it beat analysts' estimate of a profit of

IndiGo has is offering domestic and international flight tickets starting from an all-inclusive Rs. 899 and Rs. 3,399, respectively in a limited-period offer. IndiGo's offer on flight tickets is valid till February 13, 2019, said the airline on

Macro-economic data points combined with the direction of foreign fund flows and the rupee's movement against the US dollar are expected to influence the domestic equity market next week, analysts opined. The ongoing quarterly results season,

India could lose a vital US trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said.

A move to