Key indices rose on Thursday after the Federal Reserve kept interest rate unchanged in policy meeting. The US central bank left interest rates unchanged at the end of its two-day policy meet, but remains on path for a possible December hike as it cited "solid rate" of growth

This lifted Asian markets, which in turn made the 30- share Sensex firm up 45.53 points, or 0.13 per cent, to 33,645.80. It rallied 387.14 points to close at a record high of 33,600.27 in the previous session.

An explosion at an Indian power plant killed 20 people and injured up to 100 in the northern state of Uttar Pradesh on Wednesday, authorities said, in one of the country’s deadliest industrial accidents in years.

More than 20 survivors suffered severe burns in the blast in the coal-fired plant operated by state-run NTPC (NTPC.NS), and casualty numbers would probably rise, state police said.

Reliance Industries, the most valuable firm on the bourses, has become the first Indian company to cross the Rs 6-lakh crore market capitalisation on the closing basis.

On Wednesday, RIL settled the day at record high level of Rs 952, up 1.2% with a market cap of Rs 6.03-lakh crore. In intra-day trade, the stock hit a high of Rs 957 with a market cap of Rs 606,328 crore.

The wait for your pre-booked JioPhone might get over soon as Reliance Jio reportedly will complete the delivery of Reliance Jio phone in the next 15 to 30 days.

Various media reports suggest that the delivery is expected to happen by the end of November as the phones already had reached smaller towns and retailers have started delivering these phones.

The country's state-owned refiners are exporting low-sulphur diesel in a seldom seen flow of products as crude processing capacity returns amid a drop in demand due to a new sales tax and as regional flooding cuts fuel use, industry sources told Reuters.

The exports are expected to continue until year-end, likely weighing on low-sulphur cash differentials, the sources said, which have already dropped by half from a post-hurricane spike above $2 on US import demand.

Nearly three years on from Microsoft unveiling its HoloLens augmented reality headsets, the company today announced a major expansion of its availability: 29 more markets in Europe, nearly tripling the total number of countries where you can buy the device up to 39.

The news shows that while we don’t have a firm number of how many units have been sold, we do know that Microsoft is banking on the device, a non-immersive experience that lets you interact with visual digital images while still being able to see a room as you would normally, as a core piece of its future hardware and software efforts in a bid to compete against the likes of Apple and Google.

New Delhi: TVS Motor Co. Ltd on Wednesday posted 20.2% rise in net profit at Rs213.16 crore for the second quarter ended 30 September, aided by robust sales across domestic as well as export markets.

The company had reported a net profit of Rs177.39 crore during the same period of previous fiscal. Its revenue rose to Rs4,097.99 crore during the second quarter, as against Rs3,465.69 crore during the same period of previous fiscal, TVS Motor said in a regulatory filing.

L&T Finance Holdings (LTFH) reported a strong PAT of Rs 3.6 billion, up 45.2 % y-o-y, primarily on a lower tax outgo. Loan book growth was healthy at 19% y-o-y. Headline asset quality was largely stable with GNPAs at 5.8% and NNPAs flat q-o-q at 3.3 % along with comfortable PCR of 43%. LTFH’s RoE has been steadily increasing from 9.8% in Q1FY17 to 15.2% in Q2FY18 led by growth in focused business, run-down of non-core book with minimal hit to the P&L, improvement in fees and control on expenses.

The country’s largest lender State Bank of India (SBI) slashed benchmark lending rate by 0.05 per cent across maturities. The reduction in marginal cost of funds based lending rate (MCLR) came after a gap of almost 10 months. The bank had last cut the rate on January 1. The move by the SBI will trigger rate cut by other lenders. With the reduction, the MCLR for one year has come down to 7.95 per cent from 8 per cent, SBI website said.

The country's largest car maker Maruti Suzuki on Wednesday reported 9.3% increase in wholesale at 135128 units for October.

The company had sold 123684 vehicles in the domestic market in the year-ago period.

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