Business

Reliance Industries Limited (RIL), Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Limited, Bharti Airtel and Kotak Mahindra Bank were among th.

Russia's largest oil producer Rosneft made a secondquarter profit of 43 billion roubles after reporting a loss in the previous three months thanks to a rise in oil prices, it said on Friday.

U.S. hotel demand likely wont see a full recovery until 2023, according to a new forecast from travel data company STR and consultant Tourism Economics.

Production of 400 million doses of a COVID19 vaccine for Latin America could begin early next year, an executive for pharmaceutical company AstraZeneca Plc said on Thursday, as the region's coronavirus death toll stands at nearly 230,000.

Initial claims for US state unemployment benefits dipped below 1 million for the first time since mid-March, but the expiration at the end of July of a $600 weekly jobless supplement likely contributed to the decline.

The European Commission said on Thursday it had concluded preliminary talks with U.S. pharmaceutical company Johnson & Johnson to buy upfront 200 million doses of a potential COVID19 vaccine.

Singapore's residual fuel oil inventories fell 2% in the week to Aug. 12 as export volumes jumped to a near sixmonth high, official data showed on Thursday.

Insurer Just Group posted higher firsthalf earnings on Thursday as strong inforce profit cushioned a slump in new business profit, and it forecast sales to be significantly higher in the second half.

China plans to expand its railway network, the second largest in the world, by onethird in the next decade and a half, as part of a longterm plan to rev up urbanisation and stimulate local economies.

Investors are awaiting CPI data scheduled to be released later in the day for further cues, forex traders said.

Asian shares were mostly higher on Thursday, cheered by the rally on Wall Street that's likely a boon for exportdriven regional economies, even as investors worry about the coronanvirus pandemic.

Shortterm home rental company Airbnb Inc's quarterly revenue plunged 67% as fewer people traveled due to the COVID19 pandemic, but its plans for a stock market debut before year's end are still on, Bloomberg reported, citing people familiar with the matte...

Saudi Aramco plans to cut its capital spending to a range of $20 billion to $25 billion this year to pay a $75 billion dividend it pledged to investors during its initial public offering last year, the Financial Times reported on Wednesday, citing people...

Gold rebounded in volatile trade on Wednesday, jumping above $1,900 after its steepest selloff in seven years, as data showed Britain's economy shrank by a record 20.4% between April and June, fuelling coronavirusled slowdown fears.

Europe's stock markets held their own on Wednesday after doubts emerged about fresh U.S. stimulus, while it was shaping up to be another wild day for gold and silver and Turkey's troubled lira.

The BSE Sensex was trading 243.24 points or 0.63 per cent lower at 38,163.77; while NSE Nifty was down 69.60 points or 0.61 per cent at 11,252.90.