The markets continued their northbound journey for the third consecutive week and closed on a five week high. Both the BSE sensex and CNX Nifty surged and closed at 634 and 197 points respectively.
Fair trade regulator CCI (Competition Commission of India) on May 23 ordered a detailed probe against Swedish telecom giant Ericsson, after it 'prima facie' found the company in violation of the competition norms.
Lakshmi Mittal signs a deal with SAIL for a steel plant in India
If the drug you consume is banned in US, UK, Canada, Japan, European Union or Australia, you may need to get a new prescription. The government is streamlining the drug regulatory system to filter drugs with serious side effects, based on their ban status from six major drug regulators globally.
Youth, optimism and thinking big are now the defining traits in a city whose mild weather is heated up by young and restless entrepreneurs. In such a mood, reckless, impulsive talk is not just accepted. It is almost celebrated.
Private sector electricity producer Tata Power will move out of the stock market benchmark index Sensex and will be replaced by drugmaker Lupin.
Airlines face a fresh probe for suspected cartelisation and for the alleged arbitrary hike in airfares, with the fair trade regulator CCI Thursday saying it needs to get to the bottom of the issue.
The finance ministry will come out with simplified Income Tax Return (ITR) forms by the next week, replacing the controversial ones that have been put on hold.
HT Media Ltd and US-based North Base Media (NBM) on Friday jointly launched Mediahack.in, an initiative aimed at promoting and supporting budding entrepreneurs. The joint venture will focus on building digital media companies based on original content and advertising-related technologies.
India plans to reform rules governing the level of discounts upstream state oil firms including ONGC offer to retailers, a senior finance ministry official said on Friday, a move that could expedite the sale of a stake in the company.
The benchmark BSE Sensex recovered by over 148 points Friday to close at a one-month high of 27,957.50 on across-the-board buying by participants amid renewed hopes of a rate cut and better-than-estimated corporate earnings.
On the occasion of completing 10 years in operation, budget passenger carrier SpiceJet on Friday announced a 'Happy Birthday to Us' flash sale offering a 10% discount on select flights.
Continuing its rising streak for the second straight session, the rupee on Friday moved up by another 12 paise to close at 63.52 per dollar on sustained selling of the American currency by banks and exporters.
Gurgaon-based budget carrier SpiceJet has raised Rs 300 crore and will aggressively ramp up its fleet, by adding 1-2 Boeing 737s every month to increase its fleet size to 50 by March 2016.
Short-haul international destinations seem to be the flavour of the season for Indian leisure travellers this summer.