Business

The deal brings together AT&T's networks and its DirecTV subscription service with the media assets of Time Warner.

PepsiCo Inc said on Monday Indra Nooyi would step down as chief executive officer in October after 12 years at the helm.

The full-service carrier was in discussions with certain sections of employees on the salary cut proposal, which had been mooted amid efforts to save costs. Not only staff in India, but also the expat pilots would have to take a pay cut.

Last month, IFC had committed USD 100 million in Mahindra Financial Services to increase loans to farmers for buying tractors, commercial vehicles, and other equipment for modern farming.

Asian and European stocks dropped as the latest escalation in the Sino-US trade spat weighed on investor sentiment.

The Department of Telecom in its reference to Trai had informed the regulator about the availability of 8,096.45 Mhz of spectrum across nine bands.

At close on BSE on Tuesday, RIL's market valuation stood at Rs 7,51,414.89 crore, which is Rs 8,192.73 crore more than that of TCS' Rs 7,43,222.16 crore m-cap.

The grant has been sought as part of equity infusion into Air India under the Turnaround Plan (TAP), as per the document tabled in the Lok Sabha for supplementary demand for grants for 2018-19.

The bank's net profit in the year-ago period stood at Rs 2,049 crore.

Loan market share of public sector banks which are not under the PCA are expected to be maintained at 50-51 per cent while private sector banks are expected to increase it from 30.9 per cent in March 2018 to 38-40 per cent in the foreseeable future and st...

The 30-share index rose by 201.97 points, or 0.27 per cent, to hit a new high of 36,928.06, bettering its previous intra-day record of 36,902.06 hit yesterday.

The analysis is based on 66 construction companies which it rates and which account for over 80 per cent of the debt in the sector which has over 300 players.

The framework is part of the Project Sashakt (or the report on bad bank submitted early this month), drafter by the Sunil Mehta (non-executive chairman of PNB) committee earlier this month.

ArcelorMittal agreed last year to buy Ilva after outbidding competitors and promised to fix the problems.

While retaining India's growth rate for current fiscal and the next, ADO said economic growth in China will decelerate to 6.6 per cent in 2018 and further to 6.4 per cent in 2019. China's growth rate was 6.9 per cent in 2017.

All sectoral indices were trading in the red. Midcap stocks bled with MindTree, UBL, PC Jeweller falling up to 7 per cent.