Business

Lakshmi Mittal-owned ArcelorMittal, which is the world's largest steel maker has been on a murky legal battle with other bidders, especially the Russian VTB Bank-promoted NuMetal to take over Essar Steel.

Meanwhile, the benchmark Sensex on Wednesday fell 383 points to end below the 35,000-mark in highly volatile trade.

Refusing to say if India has sought a waiver of sanctions from the US as to continue purchasing crude oil from Iran, Oil Minister Dharmendra Pradhan said he has articulated the country's position and "there is nothing new to repeat."

A spurt in dollar demand from importers amid sustained foreign fund outflows also weighed on the rupee.

The Reserve Bank of India (RBI), in a circular in April, said all system providers will have to ensure that the entire data relating to payment systems operated by them are stored in a system only in India. It gave time till October 15 to comply with the...

How the company got here is based on those 70-year-old roots, forging a group that still feels more like a collection of startups and separate businesses than a multinational conglomerate.

Apple and Amazon, the two most valuable companies in the S&P 500, each had their worst day in 2 years.

The BSE benchmark Sensex Thursday crashed over 1,000 points to slip below the key 34,000-mark in early trade, tracking a global sell-off.

At the Interbank Foreign Exchange (Forex) market, the local currency opened lower at 73.89 a dollar against its previous closing of 73.76.

Qualcomm hopes to start its work in 2019. Qualcomm already has a presence in India in Hyderabad, Bengaluru, and Chennai.

In a Facebook post titled 'The oil prices and the hypocrisy of the opposition', Jaitley accused the government critics of doing a 'volte face' by terming the cut in petrol and diesel prices by Rs 2.5 per litre by the Centre as 'bad economics'.

Nearly 400 stocks hit their 52-week low on BSE Thursday.

The National Consumer Disputes Redressal Commission (NCDRC) asked the bank to pay the compensation to the Jaipur-based Jaishree Industries for deficient service while setting aside the State Commission's order that had asked the bank to pay about Rs 36 la...

A mechanical engineer from Punjab Engineering College, Chandigarh, and a post-graduate in Management from Xavier Labour Relations Institute, Jamshedpur (XLRI), Bakhshi joined ICICI in 1986.

Investors remained concerned over sustained foreign capital outflows and soaring crude oil prices, analysts said.

The meeting will deliberate upon ways to address India's trade deficit in goods and pressure on the rupee, the official added.