Sensex retreats from fresh record high to trade in red

After touching a fresh all-time high of 36,747.87 points, the benchmark BSE Sensex retreated and traded on a negative note during the afternoon session on Wednesday. Minutes into trade,... Read more »

EU slaps record $5 bn fine on Google, Pichai plans to appeal

Accusing Google of illegally using Android mobile devices to strengthen dominance of its search engine, the European Commission on Wednesday imposed a record fine of 4.34 billion euros ($5... Read more »

Delhi HC asks Centre to take PIL on petrol price as representation

The Delhi High Court on Wenesday directed the Centre to treat as a representation a PIL seeking the sale of petrol and diesel at reasonable prices instead of letting... Read more »

BookMyShow raises $100 million in Series D funding

Online ticketing platform BookMyShow on Wednesday said it has raised $100 million in Series D funding round led by private equity firm TPG Growth. The round also saw participation... Read more »

UltraTech Cement Q1 standalone net profit down 33%

Aditya Birla Group company UltraTech Cement on Wednesday reported a decline of 33 per cent in its standalone net profit for the first quarter of 2018-19. According to the company,... Read more »

Oil prices lift equity indices; Nifty regains 11k-mark

Slide in global crude oil prices along with expectations of fund infusion into public sector banks and value buying lifted the key domestic equity indices higher on Tuesday. However, broadly... Read more »

Government to soon recapitalise some PSBs with Rs 10,000 cr

 The government is likely to recapitalise some state-run banks in urgent need by up to Rs 10,000 crore within a few days to help them meet regulatory capital requirements,... Read more »

IDBI Bank to seek government nod for LIC’s stake purchase

State-run IDBI Bank on Tuesday said it will seek rgw central government’s nod on the Life Insurance Corp’s (LIC) proposal to acquire 51 per cent stake in the debt-ridden... Read more »

Jet Airways places additional orders for 737 MAX aircraft

Airline major Jet Airways has placed an additional order for 75 jets of Boeing “737 MAX 8” aircraft during the 2018 Farnborough International Airshow. According to a joint statement... Read more »

Sensex retreats from fresh benchmark

From the BSE Sensex hitting a new record high earlier in the day, to closing on a flat-to-negative note, the key Indian equity indices saw a very volatile trade... Read more »