Business - Page 131

Bengaluru: Activity in India’s service industry rebounded in June from a mild contraction the prior month, a private survey showed, expanding at its quickest pace in a year on the back of…

New Delhi:German auto major Volkswagen Group announced investment of 1 billion euro (around Rs 7,900 crore) between 2019 and 2021 as part of its latest strategy to enhance presence in India which…

Riyadh:Saudi Arabia, the world’s top crude exporter, said that it was prepared to use its spare production capacity, estimated at two million barrels, to balance the global oil market. “The kingdom is…

London :Embattled Indian businessman Vijay Mallya, having to douse multiple fires in Britain – where he is resisting extradition to India and a freezing of his assets – and in Indian courts,…

New Delhi: One of Iran’s biggest oil buyers said it has enough alternative sources of crude to replace any supplies cut off by US sanctions on the Persian Gulf state — even…

Mumbai: The BSE Sensex rebounded over 114 points to close at 35,378.60 in volatile trade on Tuesday, with institutional investors lending crucial support amid recovery in the rupee. Markets benefited from value…

New Delhi: The Indian rupee is expected to remain in the 68-72 range against the US dollar in the short term on rising external risks but the Reserve Bank may intervene to…

New Delhi: The Telecom Commission, the apex decision making body in the telecom department, is scheduled to meet on July 11 to discuss proposed new telecom policy, according to official sources. “The…

New Delhi: SAARC Development Fund (SDF) plans to tap financial markets as it aims to become a full-fledged regional development bank in the near future, its CEO Sunil Motiwal said Tuesday. With…

New Delhi: The Interpol has issued Red Corner Notices (RCNs) against absconding jeweller Nirav Modi, his brother Neeshal and an executive in his company, Subhash Parab. The notices have been issued on…