Business

Analysts on average expected a net profit of Rs 2,845 crore.

Country's biggest cigarette maker ITC Ltd posted a better-than-expected quarterly profit on Wednesday, helped by a fall in excise duty.

Profit for the quarter ended March 31 came in at Rs

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The CBI is conducting a preliminary enquiry in this loan case.

Mumbai/New Delhi: The Income Tax Department (ITD) today questioned Videocon group promoter Venugopal Dhoot in connection with its tax evasion probe linked to the Videocon-ICICI bank loan case, officials said. They said Dhoot appeared before the designated probe officer at the IT
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A judicious use of credit cards is very important for maintaining a good credit score.

Young Indians often use credit cards to splurge on non-essential items. A costly smartphone, a stylish branded watch and other items that may not be necessary but
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ICICI Bank's discount offer is also applicable on EMI availed on bank's credit cards.

ICICI Bank is offering a 10 per cent discount and cashback on shopping from Amazon. The offer is valid on both debit and credit card of ICICI Bank, said the
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Vodafone offers 11 GB of data for 28 days for Rs 859.

Vodafone is offering a number of data packs for its prepaid customers. Since the launch of Reliance Jio in September 2016, the Indian telecom sector has witnessed a major disruption which has led telecom companies (telcos) to offer data and voice call packs at discounted rates to attract and
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IRCTC's special tourist train covers important religious and leisure destinations.

IRCTC (Indian Railway Catering and Tourism Corporation) is offering special tourist trains which cover important religious and leisure destinations under diverse tour
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Iceland-based airline Wow Air has announced flights from Delhi to select North American and European destinations from December 7, 2018. In a statement on Tuesday, Wow Air - which currently operates with a fleet of 19 aircraft - said the frights from
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Car loan borrowers can avail loans from different banks at different rates of interest.

A car loan is a personal loan that allows the potential buyer to pay the vehicle off in monthly payments. In simple words, a borrower take car loan from a lender to
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Recurring deposits (RDs) help customers earn good interest rates on regular deposits.

State Bank of India (SBI), the largest lender of the country, offers attractive interest rates on recurring deposit (RD) accounts. RDs help customers save a fixed sum
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Jet Airways is starting flights on new domestic routes and is offering flight tickets from Rs 967.

Summer vacations are about to start and domestic airlines are leaving no stone unturned to make the most of this holiday season. Jet Airways is starting
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Jio, Airtel and Vodafone all are currently offering a prepaid recharge plan priced at Rs 149.

The entry of Mukesh Ambani-led Reliance Jio has brewed a storm in the telecom segment giving refuge to a data war. Other telecom operators like Bharti Airtel
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As of Monday, PNB stock had tumbled about 44% since the Nirav Modi fraud came to light.

MUMBAI/BENGALURU: Punjab National Bank (PNB) reported on Tuesday a Rs 13,417 crore ($1.98 billion) fourth-quarter net loss, the worst ever by a domestic lender,
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Airline GoAir said all fares under the Low Fare Wednesday scheme are applicable till June 15, 2018

GoAir is offering flight tickets starting at Rs 1,892 under a limited-period scheme. GoAir is offering flight tickets starting from an all-inclusive Rs
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From June 15, Jet Airways will fly three times a week between New Delhi and Nashik.

Jet Airways has come up with fares starting as low as Rs 967 on select routes under the UDAN scheme, informed the carrier in a press release issued on Tuesday. Country's second largest private carrier announced the launch of operations under the ‘Ude Desh ka Aam N
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You can save 1.8% transaction charges when you book rail tickets online via IRCTC SBI Platinum Card.

IRCTC or Indian Railway Catering and Tourism Corporation offers free train tickets via a card of the largest lender of the country, State Bank of India
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Buying a car used to be a tough affair a decade or two back and was considered a milestone in one's life. But with easy finance options available, it has become much easier to get your dream car.

Car loans are offered by both banks and NBFCs and is one

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RCom has said it plans to reduce its debt by selling assets.

Mumbai: The National Company Law Tribunal (NCLT) on Tuesday admitted an insolvency plea filed by Sweden's Ericsson against Reliance Communications, potentially delaying the Indian firm's plans to sell assets to lighten its debt load. Ericsson, which signed a seven-year deal in 2014 to
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IndiGo's #6ETakeoffTuesday offer is valid on flight tickets booked via its mobile app only.

IndiGo is offering a discount of 10 per cent on domestic and international flight tickets on Tuesday, the airline said on its Twitter handle @IndiGo6E. IndiGo's
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Petrol and diesel prices have risen by a cumulative 46-50 paise/litre and 48-69 paise/litre in 4 metros

Petrol and diesel prices were hiked on Wednesday, a third straight day of increase. From 6 am on Wednesday, petrol prices were raised by 15 paise per litre in Delhi and Mumbai, 14 paise per litre in

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State Bank of India (SBI) e-recurring deposit (RD) will earn interest for 12 months.

State Bank of India (SBI) is offering the option of a savings account that lets customers save for their vacations. The account, called as the SBI Holiday Savings
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USD Vs INR: Rupee recovered after falling to nearly 16-month low of 67.79.

The Indian rupee (INR) today recovered sharply from intra-day lows against the US dollar (USD), tracking a surge in equity markets. The Sensex rose over 400 points as BJP moved
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The rupee had breached the crucial 68 level yesterday and had closed at 68.07 per dollar.

The rupee (INR) today weakened to 68.13 against the US dollar (USD) at day's low before pulling back to 67.85. The rupee had breached the crucial 68 level yesterday and had closed at 68.07 per dollar, down 56 paise. Rising
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Lupin bought Gavis Pharmaceuticals in 2015 in a deal worth $880 million.

Lupin Ltd, India's second-largest drugmaker by revenue, reported a surprise quarterly loss on Tuesday due to a one-time charge related to the acquisition of US-based Gavis
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Rupee fell to 67.76 against USD, its weakest since January 31, 2017 from its previous close of 67.50.

MUMBAI: Indian bonds and the rupee currency weakened to multi-month lows in early trade on Tuesday, as global crude oil prices inched up and the local
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Forty one stocks on the 50-scrip NSE Nifty were trading in the negative zone

The stock markets started Wednesday's session on a weak note, with the Sensex shedding as much as 300 points in morning deals. National Stock Exchange (NSE) benchmark index Nifty fell 99 points to touch 10,702. Concerns on

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Goods imports last month were $39.6 billion, a gain of 4.6% from a year ago.

New Delhi: Country's trade deficit slightly widened to $13.72 billion in April from $13.25 billion a year ago, government data showed on Tuesday.

Merchandise exports for April rose 5.2 per cent to $25.9 billion from a year ago.

Goods imports

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Karnataka assembly election results will be announced today. Outcome of the Karnataka elections 2018 and performance of the Bharatiya Janata Party (BJP), for which Prime Minister Narendra Modi had campaigned heavily, are likely to dictate movement for Sensex and Nifty in the very short term, say experts. Karnataka had voted for a new assembly on
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The travel period for GoAir's discount offer ends on May 31, 2018.

GoAir airline is offering up to 7 per cent discount on booking domestic flight tickets within 7 days of booking period on select routes, informed the carrier on its official
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Gold price touched Rs 32,450 in Delhi today. A pick-up witnessed in buying by jewellers helped domestic gold price regain some of the strength, say traders. Gold price in the national capital surged by Rs 165 to Rs 32,450 per 10 grams, news agency
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Karnataka election results: Sensex and Nifty rose over 1 per cent.

Reversing early losses, the Sensex and Nifty surged higher as BJP edged past the half-way mark in Karnataka, according to the leads so far. Markets had opened flat as early leads indicated Congress and BJP locked in close fight in Karnataka,

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