Business

The government has put top consultancy firm EY to work for divesting its stake in flag carrier Air India and "quickly" issue expression of interest (EoI). "EY continues to be the transaction advisor for the sale of Air India. We have been directed to close the accounts for FY 2018-19 and provide updated data for...

With the ruling National Democratic Alliance (NDA) returning to power at the Centre, mid-cap and small-cap companies are likely to be the more attractive options for investors in terms of value, a market analyst report said on Friday. Mid-cap is the term given to firms with medium-sized market capitalisation....

US President Donald Trump has raised the possibility of easing restrictions on Huawei as part of a broader trade deal with Beijing, despite labelling the Chinese telecommunications giant "very dangerous". The comments on Thursday, which appear to run counter to Washington's hardline ...

The first 220 MW nuclear power plant at Kakrapar Atomic Power Station (KAPS-1) in Surat in Gujarat was synchronised with the grid on Friday, said the Nuclear Power Corporation of India (NPCIL). An official said the power generation levels will be gradually increased....

The BSE Sensex on Friday afternoon rose around 470 points and the Nifty50 on the National Stock Exchange traded near the 11,800-mark. At 1.45 p.m., Sensex was trading at 39,282.59, higher by 471.20 points or 1.21 per cent from the previous close of 38,811.39 points. ...

The S&P BSE Sensex , at 3.17 p.m., fell over 400 points or 1.02 per cent to 38,709.95 after hitting a record high of 40,124.96 as investors rushed to book profit. The Nifty fell by 86.05 points or 0.73 per cent to 11,651.85. Earlier during the afternoon, the Sensex began retreating after it surpassed ...

With a market share of 28.1 per cent in the first quarter of 2019, HP Inc maintained its leadership position in the Indian personal computing (PC) market, which shrunk for the third straight quarter, the International Data Corporation (IDC) said on Thursday. ...

Phishing accounted for 29 per cent of all fraud attacks in the first quarter of 2019 and India stood second to the US on the list of top phishing hosting countries, a new report said on Thursday. While overall phishing volume increased less than one percent quarter over ...

Indian equities seem to now have discounted the return of Prime Minister Narendra Modi. The Sensex after surpassing the historic highs is trading just over 300 points higher. At 1.27 p.m., the Sensex was up by 338.65 points or 0.87 per cent to 39,448.8...