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India's Iranian Oil Imports in June Fall as Sanctions Fears Bite

In June, India imported 592,800 barrels per day (bpd) of oil from Iran compared to 705,200 bpd in May, the data showed.

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India Muscles Past France to Become World's Sixth-biggest Economy

India's gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France.

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Vistara to Buy 19 Airbus, Boeing Planes Worth USD 3.1 Billion

In a statement, Vistara said it has agreed to place firm orders with Airbus for 13 aircraft from the A320 neo family and with Boeing for six 787-9 Dreamliner.

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Sensex, Nifty Turn Choppy on Weak Asian Cues in Early Trade

After opening on a positive note, the BSE 30-share barometer dropped by 56.15 points, or 0.15 per cent, to 36,183.47 led by fall in index majors Hero Motorcorp, Vedanta, Coal India and RIL shares.

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Axis Bank Shortlists 3 Candidates to Succeed MD & CEO Shikha Sharma

The candidate as approved by the RBI, will succeed Shikha Sharma, whose term as the Managing Director & CEO of the Bank, is due to expire on 31st December 2018, the bank said.

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HDFC Group m-cap Crosses Rs 10 Trillion, Only Second After Tatas

HDFC group currently has four listed entities -- housing finance major HDFC Ltd, banking behemoth HDFC Bank, life insurance firm HDFC Standard Life and Gruh Finance -- while Tatas have nearly 30 firms listed on the stock exchange.

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All-round Revival Buoys TCS Nos, Net Profit Soars 23% to Rs 7,340 Crore

TCS chief executive and managing director Rajesh Gopinathan said he is enthused by the rising demand from BFSI clients and sees the "green shoots developing nicely" to make him confident of sustaining the momentum and "positive in the medium-term".

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Patanjali Not to Back out From Race to Acquire Ruchi Soya: Acharya Balkrishna

Adani Wilmar, which sells cooking oil under the Fortune brand, and Baba Ramdev-led Patanjali are in the fray to acquire debt-ridden Ruchi Soya.

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Sensex Races Past 36k-Mark, Within Striking Distance of All-time High

The Sensex and Nifty remained above their key levels of 36,000 and 10,900 throughout the session, indicating strong investor optimism after a prolonged spell of caution.

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Andhra Pradesh No.1 State to do Business in India, Gujarat's Ranking Slips Further

Others in the top ten are Haryana (3), Jharkhand (4), Gujarat (5), Chhattisgarh (6), Madhya Pradesh (7), Karnataka (8), Rajasthan (9) and West Bengal (10). Meghalaya was ranked last at 36th position.

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Happy to Get Merger Letter; We Will Remain Competitive: Vodafone CEO Designate

Vodafone will own 45.1 stake in the combined entity, while Kumar Mangalam Birla-led Aditya Birla Group will have 26 per cent and Idea shareholders 28.9 per cent.

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IndusInd Bank Q1 Net Up 24% at Rs 1,036 Crore on NII, Loan Growth

The core net interest income rose 20 per cent to Rs 2,122 crore on the back of a 29 per cent loan growth, while the non-interest income moved up to Rs 1,301 crore from Rs 1,167 crore in the year-ago period.

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LIC Unions Oppose Acquisition of IDBI Bank by Insurer

As per reports, LIC has been made to invest Rs 1,850 crore in PSBs in 2014-15 and 2,539 crores in 2015-16, the federation said in a letter to the LIC Chairman.

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