Reliance Industries reported its highest ever quarterly net profit of Rs 9,516 crore, a 17.4 per cent rise year-on-year, for the July-September period.
Trafigura executives expect more upward pressure on global oil prices next year as rising U.S. shale output will not be able to fill a gap in supply once U.S. sanctions on Iranian oil come into force in early November.
Welspun Group Chairman Balkrishan Goenka assumed charge as the President of industry chamber Assocham.
Swiss power major ABB said it has won an order worth Rs 115 crore from Indian Railways to supply traction transformers.
U.S. homebuilding dropped more than expected in September as construction activity in the South fell by the most in nearly three years, likely held down by Hurricane Florence.
Power firm RWE (RWEG.DE) will seek damages if Germany decides to shut down coal-fired power plants right away, its chief executive told a weekly paper.
Businesses opting for composition scheme under GST need not file details of purchases made from their vendors at the time of filing quarterly return GSTR-4, the Finance Ministry said.
Gold prices edged lower early Wednesday as equities gained and the dollar firmed amid waning risk-averse sentiment, with the market awaiting minutes from the U.S. Federal Reserve’s latest policy meeting for fresh clues on the pace of interest rate hikes.
Uber Technologies Inc [UBER.UL] is to connect passengers and drivers directly to emergency services in Europe, the Middle East, and Africa as part of a wider rollout of largely existing safety features over the next few weeks.