L&T reported a 28 percent rise in consolidated net profit for the March quarter, beating market estimates, with the infrastructure segment generating higher revenue.
State-run Oil India Ltd posted a 96 percent fall in fourth-quarter profit, hurt by a one-time charge realised on the pre-discount and post-discount price of crude oil.
Fitch Ratings downgraded IDBI Bank's long-term issuer default rating (IDR) to BB+ from BBB- but kept the state-run lender's outlook stable.
The Indian government's ban on the trade of cattle for slaughter threatens $4 billion in annual beef exports.
India said it won't play bilateral cricket series with Pakistan as long as Islamabad continues to support and sponsor cross-border terrorism.
Acting tough, the Himachal Pradesh High Court directed the State Election Commission to announce elections to the Shimla Municipal Corporation within 24 hours.
Ford India is offering discounts of up to Rs 30,000 on its compact SUV EcoSport, sedan Aspire and hatchback Figo to pass on benefits of new tax rates under GST.
Within a month of the Sukma attack in which Maoists killed 25 CRPF troopers, the paramilitary force claimed big success in its anti-Maoist operations.
The price of tea is likely to climb further this year after dry weather slashed production of the commodity in key suppliers India and Kenya.