Business Today

Reliance Industries posts highest ever net profit of Rs 9,516 crore in Q2

Reliance Industries on Wednesday posted its highest ever net profit at Rs 9,516 crore in Q2 FY 19, up 17.35 per cent year-on-year (YoY).

ArcelorMittal to pay Rs 7,469 crore to clear Uttam Galva, KKS Petron dues to be eligible for Essar

ArcelorMittal said it will pay Rs 7,469 crore to the creditors of Uttam Galva and KKS Petron to be eligible to acquire the debt-laden firm, as per Supreme Court order.

#Metoo: BJP, Congress and CPI (M) receive legal notice for not complying with sexual harassment law

Much recently, following the allegations former editor and Minister of State for External Affairs, M.J. Akbar has resigned. The President of NSUI, too, resigned following the allegations of sexual harassment.

IL&FS ex-MD Hari Sankaran blames LIC for crisis; seeks probe by a foreign agency

Hari Sankaran, the former vice-chairman and managing director of debt-laden IL&FS, has blamed Life Insurance Corporation of India (LIC) and the 'capital intensive' nature of infrastructure business for the problems faced by IL&FS group.

Raymond's stock dips on news of Vijaypat Singhania's sacking as chairman-emeritus

The summary sacking followed a series of letters Singhania wrote, complaining that he was not being kept in the loop about board meetings.