Catch top stories from the world of business and economy with BusinessToday.In end of day report

Company's revenue from operations stood at Rs 6,997 crore in Q3; two-wheeler industry continues to face challenges amidst an overall economic slowdown, says CFO Niranjan Gupta

Eicher Q3 out: Eicher Motors reported a 6.42 per cent decline in its consolidated net profit to Rs 498.70 crore for Q3FY19. Here's for more

Lupin Q3 out: The pharma firm reported a widening of its consolidated net loss to Rs 835 crore for Q3FY19. Shares of Lupin ended at Rs 720.05 on the BSE. Here's for more

Sun Pharma Q3 results: The drug maker's revenue from operations grew by 5.36 per cent to Rs 8,154.85 crore as compared to Rs 7,740.19 crore in the corresponding quarter

For the whole year (2019), ArcelorMittal reported a net loss of USD 2.5 billion as against net income of USD 5.1 billion in 2018

According to Tata Steel, Executive Director and CFO Koushik Chatterjee, the steel maker had set a target of reducing gross debt by USD 1 billion in FY20; As on March 31, 2019, the company had a net debt of Rs 1 trillion

The action continues unabated in the steel industry; before this, JSW Steel and AION Investments had acquired Monnet Ispat through the NCLT resolution process for Rs 2,850 crore in July 2018

Except IT sector, all the other indices ended in the red in today's trade. Biggest fall in today's trade was seen in PSU Bank, which was down 2.8%, followed by Auto, Media, Infra, Energy and Metal, each declining over 1%. Only gaining sector of the day was IT, up 0.66%.

The plea by ESAHL came weeks after an insolvency court cleared ArcelorMittal's bid for Essar Steel, which was auctioned by lenders to recover unpaid loans

On the human resource front, the group companies continue to follow one of the basic tenets of group founder Jamsetji Tata that \"people need to be taken care of and they will take care of the rest\".

Its earnings fell to $11 million in the March quarter compared with $1.069 billion for the same period a year ago.

Business Today's N. Madhavan went to London in April to check out the city's Olympic preparations. The excitement has also brought in a share of fear among many Londoners who are worried what the Games will do to their routine, he writes.

The world's largest steel-maker ArcelorMittal on Thursday reported a dip of over 51 per cent in net income to $659 million for the quarter ended September 30, 2011, due to rising raw material costs and a fall in demand for the alloy.