Last Updated: 19 Oct 2019 02:46 PM

India Top Stories

Times of India

  • Oracle co-chief Mark Hurd dies at 62

    Oracle co-chief executive Mark Hurd died on Friday, about a month after taking a medical leave of absence from his post, the US technology company said. Hurd, 62, took a break from his position at Oracle in September, saying in a release that he "needed more time to take care of my health." Since Hurd and Safra Catz took over in 2014, Oracle shares rose more than 30%.

  • IMF says corporate income tax cut will help revive investment in India

    The International Monetary Fund supported India's recent decision to reduce corporate income tax, saying it has a positive impact on investment but India should address continued fiscal consolidation, long-term stability. Changyong Rhee, Director, Asia and Pacific Dept, IMF, said the economy is expected to grow at 6.1% this fiscal year, picking up to 7.0% in 2020.

  • Jio Q2 net profit up 45.4% at Rs 990 crore

    Telecom operator Reliance Jio on Friday posted a 45.4 per cent jump in its net profit to Rs 990 crore on a standalone basis in the July-September quarter of 2019-20 on account of growth in subscriber base. The company had posted a net profit of Rs 681 crore in the same quarter a year ago.

  • RIL Q2 net profit jumps 18% to record Rs 11,262 crore

    Reliance Industries reported an 18.6% rise in consolidated net profit to a record Rs 11,262 crore for the second quarter of the current fiscal on the back of a turnaround in refining margins and continued rise in consumer businesses of retail and telecom. Net profit in July-September stood at Rs 11,262 crore, compared to Rs 9,516 crore profit in the same period a year back.

  • INX Media case: CBI charges Chidambaram, Karti

    The CBI on Friday filed a chargesheet before a Delhi court against former finance minister P Chidambaram in the INX Media case. The chargesheet names 14 accused, including the senior Congress leader's son Karti Chidambaram, Peter Mukherjea and Indrani Mukerjea. The court had on Thursday allowed the Enforcement Directorate (ED) to quiz Chidambaram till October 24.

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