The BSE benchmark Sensex ended 66 points higher on June 19 after a highly volatile session ahead of the U.S. Federal Reserve meet outcome.

After rallying nearly 400 points during the day, the BSE gauge settled 66.40 points, or 0.17%, higher at 39,112.74. The index hit an intra-day high of 39,435.80 and a low of 38,881.05.

The Finance Ministry is preparing a fresh proposal for sale of Air India, incorporating issues like crude oil prices and exchange rate volatility, flagged by EY last year on possible reasons of the government failing to attract bidders for the national carrier. The ministry’s proposal, to be placed before Air India Specific Alternative Mechanism (AISAM), will also include option of selling either 100 per cent or 76 per cent government stake in Air India.

ONGC Videsh Ltd and its Indian as well as foreign partners have agreed to invest USD 20 billion in constructing a gas liquefaction and export terminal in Mozambique to monetise vast offshore natural gas reserves they had found. In separate but almost identical regulatory filings, Oil and Natural Gas Corp (ONGC), Bharat Petroleum Corp Ltd (BPCL) and Oil India Ltd (OIL) said their subsidiaries along with Anadarko Petroleum of the US has taken a final investment decision (FID) for Area-1 Mozambique LNG project.

New Delhi: Auto major Mahindra & Mahindra (M&M) on Wednesday said it will hike price of its range of personal vehicles by up to Rs 36,000 across models with effect from July 1.

"This price increase is due to the implementation of AIS 145 safety norms across all passenger vehicles in India," the company said in a BSE filing.

New Delhi: Amazon India is on its way to speed-up its deliveries during peak season by offering part-time employment to student, housewives and retired professionals.

Beside the proper item collection, quick and reliable delivery is the most important part of the e-commerce business.

The Ministry of Corporate Affairs (MCA) has sent a notice to Reliance Industries Ltd (RIL) over violation of the Corporate Social Responsibility (CSR) norms.

The government may soon start inspection of its CSR projects, where the company has reportedly spent 2% of its net profits as mandated by the law.

The BCCI has turned down Afghanistan Cricket Board's request to host its T20 league in India.

It is rare for the Indian cricket board (BCCI) to say no to ACB as it has contributed immensely to the growth of Afghanistan cricket.

Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on HDFC Bank for non-compliance of Know Your Customer (KYC) norms and anti-money laundering (AML) norms, and for failure to report frauds. The RBI on February 12, 2019, had imposed a penalty of Rs 20 lakh on the bank for similar charges.

After a rally of about 10% in Indian stocks over the past year, the nation’s second-biggest life insurer has one message for investors: it’s time to take some profit.

“It’s time to take some money out of equities because valuations are looking stretched,” Gopikrishna Shenoy, chief investment officer at SBI Life Insurance Co., which has most of its equity assets in larger stocks, said in an interview at his office in Mumbai.

The rupee on Wednesday opened 14 paise higher at 69.56 against the US dollar amid positive global cues and rise in crude oil prices.

The domestic unit on Tuesday surged by 21 paise to close at 69.70 as easing crude prices and a weak dollar ahead of the US central bank's meeting helped the currency snap its three-day losing streak.

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