The BSE Sensex closed at 38,730.86, down by 323.82 points, or 0.83 per cent and the NSE Nifty dropped 84.35 points to settle at 11,641.80. Read More

The Hyderabad-based company had posted a net profit of Rs 121.5 crore in the corresponding quarter a year ago, Cyient said in a statement. Read More

The reserved portion for qualified institutional buyers was subscribed 95 percent and for non-institutional investors was 1.12 times while retail individual investors’ category has seen subscription of 3.15 times. Read More

Under Indian law, companies had to pass on the benefits to customers after the government reduced GST to 18 percent from 28 percent. Read More

The commanders at the largest carrier had last month objected to the hiring of pilots from the now-grounded Jet Airways with additional sops like joining bonus, alleging that their wages remained constant for the past three years. Read More