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  • Economy likely to register 9.5% growth this fiscal: Report

    The economy is likely to register a 9.5 per cent growth this fiscal over 7.3 per cent contraction last year, as the ongoing recovery is faster and more credible than earlier foreseen, according to a foreign brokerage report.

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  • Tesla drives toward $1 trillion club on record Hertz order

    Tesla Inc on Monday neared $1 trillion in market capitalization as the company founded by Elon Musk received its biggest-ever order — 100,000 electric rental cars for Hertz.

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  • Airtel accepts 4-year moratorium on spectrum, AGR payments

    Bharti Airtel has informed the government that it will opt for the four-year moratorium on payment of AGR and spectrum dues, a source said. The option of dues moratorium was offered by the government to telcos as part of a recently-announced relief package for telecom sector.

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  • ICICI Bank shares zoom over 11% after record high Q2 profit

    Shares of ICICI Bank on Monday jumped over 11 per cent after the company reported its highest ever quarterly profit on standalone basis at Rs 5,511 crore in the September quarter.

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  • Govt signs share purchase agreement with Tata Sons Air India sale

    The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. Earlier this month, the government had accepted an offer by Talace Pvt Ltd, a unit of the holding company of the salt-to-software conglomerate, to pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.

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