OVL had in April 2011 bought 25 per cent of Satpayev oil block.

Bank of Baroda, Dena Bank and Vijaya Bank to merge; govt promises to protect employees' interestsMoving ahead with consolidation of public sector banks, Finance Minister Arun Jaitley on Monday announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank. The merged entity would be India's third largest. There will be no adverse impact on employees of merged entity, the Finance Minister added. Department of Financial Services Secretary Rajeev Kumar said that the new bank will ...

The first wave of import curbs will include items like luxury cars, high-end mobiles, steel, aluminum, electronic items and furniture. Other items added to the list are dry fruits and imported fruits like almonds, and alcoholic beverages.

All sectoral indices ended in the green, led by realty, power, consumer durables and metals. Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the domestic unit.

Benchmark Sensex rose around 373 points to reclaim the 38,000-mark as better-than-expected macro data and further recovery in the rupee triggered widespread buying. The NSE Nifty too breached the 11,500-level with a rise of 145 points. All sectoral indices ended in the green, led by realty, power, consumer durables and metals.Brokers said sentiment was bullish on continuous recovery in the rupee amid reports that the government may announce steps to prop up the Indian currency.The...

While the overall salaries of employees grew at just 10 per cent a year, the honchos of these listed companies accounted for top-earning heads.

The Mittal-owned company told the SC it would lift the escrow on Rs 7,000 crore and pay the money owed by Uttam Galva and KSS Petron -- the defaulting companies in which the steel tycoon is classified as promoter -- if it gets to bid successfully for Essar Steel.

All the new iPhones carry on the same design language we first saw on the iPhone X last year. The front is dominated by a screen with a notch on top. There is no home button in sight and FaceID is standard across all models.

Apple has announced the new Watch Series 4 that can take ECG readings right from the wrist.  Apple has always envisioned its watch as a health device and along with taking ECG, it can also detect a fall, and heart rate when it is too low.

Apple is all set to broadcast the launch of the new iPhones from the event being conducted at Apple Park in Cupertino. The mega-tech company is estimated to launch three new iPhones.

Ruchit Jain, Technical Analyst at Angel Broking, takes viewers through all the market action today. While the Sensex closed 509 points or 1.34% lower at 37,413, Nifty fell 150 points or 1.32% to 11,287 level.

The market extended losses for the second continuous session this week amid a falling rupee, rising crude oil prices, widening current account deficit and global trade tensions which dampened investor sentiment. While the Sensex closed 509 points or 1.34% lower at 37,413, Nifty fell 150 points or 1.32% to 11,287 level. The Sensex has seen over 1% fall in the second straight session today for first time since February 2016.On Monday, the Sensex closed 467 points or 1.22% lower at 37,922, the N...

Today, the market extended losses with the Sensex closing 509 points or 1.34% lower at 37,413. Nifty too fell 150 points or 1.32% to 11,287 level. The Sensex has lost nearly 1,000 points in the last two sessions in a rout triggered by the worsening trade data. The Nifty too has lost 300 points in the same period.

The Sensex has seen over 1% fall in the second straight session today for first time since February 2016. On Monday, the Sensex closed 467 points or 1.22% lower at 37,922, the Nifty fell 151 points or 1.30% to 11,438 level.

Numetal's first bid was rejected due to the 25% share owned by Rewant Ruia, the son of Essar Steel founder Ravi Ruia, since he was deemed a related party. JSW Steel bought out this contentious stake ahead of the second bidding round

The bank was able to recover around Rs 8,445 crore in the April-June quarter alone, which is over 23 per cent of all recoveries made during the period. PNB recovered around Rs 5,618 crore in FY18 and Rs 5,643 crore the previous year.

World's largest steel producer ArcelorMittal on Monday offered Rs 42,000 crore to acquire Essar Steel Ltd, upstaging a Rs 37,000 crore bid by Russia's VTB Group-backed Numetal.

In its anti-dumping investigations, the Directorate General of Trade Remedies has stated that dumped imports of 'straight length bars and rods of alloy steel' from China have increased in absolute terms during 2016-17.

Numetal's first bid was rejected due to the 25% share owned by Rewant Ruia, the son of Essar Steel founder Ravi Ruia, since he was deemed a related party.

A fresh report suggests that the upcoming 6.1-inch iPhone will come in four colours options and with a dual SIM tray.