Second largest private sector lender HDFC Bank expects an uptick in GDP growth in FY19 to 7.3 per cent from the 6.5 per cent estimated for FY18, expecting a rural push by Government and rise in consumption.

"We expect GDP growth to pick up to 7.3 per cent in FY19 and the gross value added growth to stand at 7.1 per cent," its economists said in a note.

Tata Motors on Wednesday reported 23 per cent increase in total global sales at 1,16,677 units for December 2017.

Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in December 2017 were at 47,182 units, an increase of 53 per cent over the same month previous year, the company said in a statement.

New Delhi: The Supreme Court on Wednesday upheld an order of the Kerala high court allowing real estate company DLF to regularize an illegal structure built along the banks of eco-sensitive Chilavannur backwaters, near Kochi.

DLF’s project costing over Rs300 crore comprises 180-odd luxury flats.

WhatsApp has launched a feature in its beta version that will let users switch to video calls from voice calls at the touch of a button.

According to a report in the Independent, if you are in the middle of a WhatsApp voice call and want to switch to a video call, you just need to tap that button to make the switch.

Tata Consultancy Services (TCS), Infosys, Wipro and Tech Mahindra were among 13 stocks from the information technology (IT) sector that hit their respective 52-week highs on Wednesday in an otherwise subdued market on expectation of improvement in outlook.

KPIT Technologies, NIIT Technologies, Persistent Systems, Tata Elxsi, Vakrangee, Mastek, Infinite Computer Solutions (India), Hinduja Global Solutions and BLS International were other IT stocks from the S&P BSE500 and S&P BSE Smallcap index that touched their respective 52-week highs in intra-day trade today.

Hyundai Motor India Ltd (HMIL) on Wednesday launched two new variants of its mid-sized premium sedan Verna with 1.4 litre petrol engine, priced at Rs 779,000 and Rs 909,000 (ex-showroom Delhi).

The company, which introduced a new generation Verna in August last year, is already selling the model with 1.6 litre petrol and diesel powertrains.

New Delhi: Direct tax collections grew by more than 18% in the first nine months of the fiscal year to two-thirds of the full-year target, providing a breather to the government as it struggles to contain the fiscal deficit.

Government revenues have been under pressure due to a shortfall in revenue from the goods and services tax (GST), prompting it to announce additional borrowing of Rs50,000 crore last month to fund spending in key sectors of the economy.

Mumbai: The Securities and Exchange Board of India (Sebi) plans to impose a limit on the minimum market capitalization for companies to remain listed in an effort to weed out so-called penny stocks, said two people aware of the development, including an official with the regulator.

Sebi is considering a free-float market capitalization of Rs10 crore for companies to remain listed, these people said. Free-float market cap is the value of publicly traded shares.

The BSE Sensex hit new life-time intra day high of 34,565.63 in opening sessionon Wednesday extending its record-setting spree for a fourth session on buying by domestic investors ahead of quarterly results by bluechips.

The 30-share index rose by 122.44 points, or 0.35 %, to hit a new peak of 34,565.63, surpassing its previous record (intra-session) of 34,488.03 points hit on Tuesday.

ICICI Bank on Tuesday raised interest rates on deposits of over Rs 1 crore by between 5 and 35 basis points (bps). Rates on bulk deposits maturing between 30 days and 45 days were raised by 25 bps to 5.75%, while those on deposits maturing between 46 days and 60 days were raised by a similar amount to 6.25%. Bulk deposits maturing between 61 days and 90 days will now earn 10 bps higher at 6.25%. Rates on deposits maturing between 91 days and 184 days were raised by 35 bps to 6.65%.

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