State-run Bank of Baroda today reported 22.74% decline in net profit at Rs 1,052.15 crore during the first quarter ended June 30, on higher provision for bad loans and wage revision.

The bank had reported a net profit of Rs 1,361.88 crore in the corresponding first quarter of the previous fiscal.

Auto major Maruti Suzuki India (MSI) plans to accelerate new product launches in the country in line with its vision of selling 20 lakh cars per annum by 2020.

The company, which sells various popular models including Alto and Swift, is looking to have a localisation content of around 85% on an average across its premium and volume products.

Committing to improve the quality of service, the Income Tax Department today said it has addressed 85 per cent of the taxpayers' grievances and is working to improve the systems further.

"The disposal of grievances received through Centralised Public Grievance Redress and Monitoring System (CPGRAMS) has improved considerably. From April 1, 2014 to July 22, 2015 the overall disposal rate of grievances received on public grievances portal of the government works out to 85 per cent," a release said.

Oil prices fell in Asian trade on Wednesday as concerns over global oversupply outweighed the impact of a likely larger than expected draw in US crude stocks and a weakening dollar.

Asian investors focused on OPEC production figures that showed members of the Organization of the Petroleum Exporting Countries produced around 3 million barrels of oil per day more than daily demand in the second quarter, a Reuters survey showed.

Shares of ITC have dipped 3% at Rs 301 on the National Stock Exchange (NSE) ahead of its April-June quarter (Q1) results tomorrow.

Analysts on an average is expected the cigarettes major will report 10% year-on-year (YoY) increase in net profit at Rs 240 crore and single digit growth in net sales at Rs 945 crore for the recently concluded quarter.

Refiner Bharat Petroleum Corp Ltd is set to import a rare cargo of Sokol crude from Russia's Far East as it takes advantage of a regional glut to secure cheaper oil.

BPCL bought 1 million barrels of Sokol from Statoil ASA, traders said. It was BPCL's first purchase of the Russian crude grade, according to an industry source with direct knowledge the matter.

Lives of the rich and the famous are no longer mysterious or inexplicable; they are out in the open for all to consume. In today’s world, being famous means agreeing to give up your privacy to a large extent. Social media has allowed a common person to become the superstar they always looked up to.

Social media and our allied culture have prompted three substantial changes to the word celebrity: Today we see social media platforms such as Twitter, YouTube, Facebook, Instagram give normal people an opportunity to gain fame, and they also give closely monitored celebrities an opportunity to connect with fans and air their grievances.

Microsoft will start rolling out its new operating system Windows 10 around the world, including India, with a host of new features as the long-time leader in PC software tries to lure back consumers who gave up on Windows for mobile devices.

Armed with new innovative features like Cortana, an Xbox app and Microsoft Edge, the long-awaited Windows 10 would be available to computers and tablets in 190 nations.

BSE Sensex and NSE Nifty after an early bounce back were just managing to hold in green in the early noon session. There were bouts of profit taking that were restricting any major gains and consistency in the markets.

Yes Bank and Vedanta stocks gained ahead of their First Quarterly of the financial year.

BENGALURU | MUMBAI: India's $146-billion information technology (IT) industry is consistently haemorrhaging more people than ever before, even as the sector and large companies such as Tata Consultancy Services(TCS) and Infosys achieve greater size and scale with each passing year.

Over the last four quarters, India's largest software exporters TCS, Wipro and Infosys combined have lost roughly over 100,000 people between them, ET's analysis shows.

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