Khobar-based Arabian Drilling Company (ADC) will acquire the Saudi drilling business of Schlumberger, news publication Al Maaal reported on Sunday, citing unnamed sources.

FMPs are market-linked instruments and are, therefore, exposed to the return and risk characteristics of the underlying bonds in the portfolio.Investors must recognise the risky nature of these products, and fund managers must turn more cautious as FMPs are often sold as replacement for FDs. They aren’t.

Weak demand from processors and huge stocks with farmers and traders to keep the undertone weak for soy beans in near term

Shares of Neogen Chemicals are changing hands at a 10 per cent premium in the grey market

Impasse over handover to civilian authority as protesters withdraw recognition of ruling council

Multinational companies face pressure from Beijing to localise data

The tour, which will start from Ahmedabad, will be via economy class of IndiGo airlines

In India, there is no income tax levied on inheritance. However, any income earned on subsequent investment of the inherited assets shall be taxable.The rental income arising to your wife out of the share of property gifted by you to your wife shall be clubbed as taxable income in your hands

Funding higher education and paying home loan EMIs simultaneously can considerably dent parents’ retirement savings

Ready to deliver BS VI vehicles, says Renault Nissan Automotive India’s MD

Sheetal Cool Products is now the only listed SME from Amreli in Gujarat

Use of solar thermal is yet to catch the imagination of investors and users; the key is to incentivise industry to use this less expensive method of heating

Interest rate and effective yield seem superior

Should you opt to share the burden with the insurance company?

Internal differences of opinion on employees taking over the management of Jet Airways did not permit pursuing the idea, said the official

Mayor calls on Extinction Rebellion to let London get back to business

The abrupt closure of Jet Airways operations, for the time being, has put jobs of its over 20,000 employees.

Attacks bear hallmark of seasoned extremists rather than island’s Muslim minority, say analysts

Rival Poroshenko concedes with comedian forecast to take 73% in landslide run-off

The realty firm has an outstanding debt of nearly Rs 9,800 crore and over 22,000 of its flats in Noida remain incomplete

President warns his opponents will suffer in 2020 election if they bring further probes

Comedian forecast to take 73% for landslide run-off victory over rival Poroshenko

The company sees tremendous growth potential in the domestic market where the demand for packaged branded basmati rice is rising at a rapid pace, its MD Atul Garg said.

Island-wide curfew imposed after bombings of three churches and three luxury hotels

Risk-taking has been the rage since the Federal Reserve quit hiking interest rates at the end of last year. U.S. stocks are back near record highs and investors are stockpiling the lowest-grade corporate bonds with only a smidgen of extra compensation for the added risk.

Social media group’s new campaign rules sparked fierce backlash among MEPs

One can deposit gold in the form of raw gold such as gold bars, coins, jewellery excluding stones and other metals, noted SBI

Platform aimed at tackling compliance issues to be used to validate payments

Sources close to the company said it is aggressively bidding for projects in logistics, mining, energy, construction and agro commodities to diversify the portfolio.

Hyundai plans to drive in its first EV in a complete knock-down (CKD) form in the country this year. The vehicle would be assembled at Hyundai's Chennai-based manufacturing plant.

In 2013, the Mumbai-based company had announced receiving an over Rs 1,100- crore multi-year contract from the Department of Posts for an end-to-end IT modernisation programme.

There is no viable path for new drugs, however valuable they are to society

Stock market sentiment this week would be largely guided by the ongoing fourth quarter results season, with a host of front-line companies slated to come out with their financial report cards, say analysts

Curfew imposed on island after bombings of 3 churches and 3 luxury hotels

Approaching the DRT, as a last option is a major departure from the earlier speculation that the airline will be taken to the NCLT

The business-to-business (B2B) company, which is in the process of getting listed, posted revenue of Rs 429 crore in 2018-19 and operating profit of Rs 46 crore.

Corporate loans grow 32%, share increases to 46% of total loan portfolio

According to sources privy to the development, the company is in talks with carmakers like Audi, Mercedes and BMW to bring to India a model where users can get access to luxury cars by paying a subscription fee.

The company is also recalling 476,340 bottles of Losartan Potassium tablets USP, 50 mg from these markets.

ONGC in January last year bought the government's entire 51.11 percent stake in HPCL for Rs 36,915 crore. HPCL thereafter became its subsidiary but HPCL management has continuously refused to recognise ONGC as its promoter.

Provisional figures from the stock exchanges showed that foreign institutional investors bought scrip worth Rs 2,790.26 crore during the week.

Such CPSEs will have an option to either hive-off non-core assets to a Special Purpose Vehicle or transfer sale proceeds of non-core assets to an escrow account to ring-fence the realised amount from the rest of the business, an official said.

Suicide bombers blamed for attacks on churches, luxury hotels and a guesthouse

Suicide bombers blamed for attacks on churches, luxury hotels and a guesthouse

Suicide bombers blamed for attacks on churches, luxury hotels and a guesthouse

Total cost overrun of 205 delayed railway projects is whopping Rs 2.21 lakh crore, the latest flash report of the Statistics and Programme Implementation Ministry (MOSPI) for December 2018 showed.

In Peterborough, voters say they are fed up with the government’s faltering EU exit efforts

FPIs were net buyers for the previous two months as well, infusing a net amount of Rs 11,182 crore in February and Rs 45,981 crore in March 2019

Comedian Volodymyr Zelensky set for landslide win in presidential election, polls predict

Polls predict landslide win for comedian Volodymyr Zelensky in presidential election

Incumbent Petro Poroshenko faces tough challenge in presidential run-off

Incumbent Poroshenko faces tough challenge as country votes in presidential run-off

NASA has awarded SpaceX and Boeing Co a total of $6.8 billion to build competing rocket and capsule systems to launch astronauts into orbit from American soil.

While the wishlist is long, the rewards are potentially massive

Jet Airways, which ceased all operations on April 17, has not paid to its entire staff for March.

Attacks on churches and luxury hotels have left hundreds injured

Attacks on churches and hotels have left hundreds injured

Attacks on churches and luxury hotels have left hundreds injured

ITC, HDFC, Infosys and SBI suffered losses in their market valuation for the week ended on April 18

FPIs invested a net amount of Rs 14,300.22 crore in equities during April 1-16, while pulling out a net Rs 3,288.12 crore from the debt market, taking the total net investment to Rs 11,012.10 crore for this month so far