industry

Rising for the second straight session, gold prices spurted by Rs 45 to Rs 32,270 per 10 grams at the bullion market Saturday on increased buying by local jewellers and positive cues from overseas markets.

Google to charge $40 per device to Android makers Oct 20 2018

Android manufacturers will have to pay $40 per device to Google in Europe to be featured into Google Play Store and other mobile apps.

SBI Life clocks 11% rise in net profit at Rs 250 cr in Q2 Oct 19 2018

SBI Life Insurance Company Friday reported a rise of 11 per cent in its net profit at Rs 250.53 crore in second quarter ended September of the current fiscal.

Airbus defense Hoke to skip Saudi investment conference Oct 19 2018

Airbus said its defense chief Dirk Hoke will no longer attend the Future Investment Initiative conference in Saudi Arabia, the latest senior industry executive to skip next week’s event amid concern about the fate of journalist Jamal Khashoggi.

Russia's Lukoil signs 2-year deal to study area in north Uzbekistan Oct 19 2018

Russian oil company Lukoil has signed a two-year agreement with Uzbek state-run energy firm Uzbekneftegaz to study an area of northern Uzbekistan, the firm’s chief executive said on Friday during a trip to Tashkent.

ICICI Securities' H1FY19 PAT up 8% at Rs 268 crore Oct 19 2018

ICICI Securities, subsidiary of ICICI Bank, on Friday posted 8 per cent growth in profit after tax (PAT) at Rs 268 crore during the first half of this financial year compared to the same period last year.

Nafed to boost onion supply in Delhi; Mother Dairy asked to cut price Oct 19 2018

To check rising onion prices, the Centre Friday directed co-operative Nafed to boost supply in the national capital from the buffer stock and also asked Mother Dairy to reduce the rates by Rs 2 per kg on the kitchen staple in all its Safal outlets.

NBFCs liquidity crunch to hit home loan sales: report Oct 19 2018

The ongoing liquidity squeeze will slow down non-banks home loan disbursements, a report has said.

Lupin gets 5 observations from USFDA for Pithampur plant Oct 19 2018

Drug maker Lupin said on Friday that the US Food and Drug Administration has issued five observations after inspecting its Pithampur based manufacturing unit, sending its shares down by close to 2 per cent.