Mahindra & Mahindra on Thursday said its Canada-based associate firm Resson Aerospace Corporation has ceased to exist.

Adani Group on Thursday bagged two contracts worth Rs 13,888 crore from a state-owned discom to install smart meters.

Gold prices rose Rs 150 to Rs 60,350 per 10 grams in the national capital on Tuesday amid strong cues from global markets, according to HDFC Securities.

The nation's largest lender State Bank of India is adopting a novel way to ensure timely repayments, especially by its retail borrowers, by greeting those likely to default on monthly installments with a pack of chocolates.

Kerala's famous Marayoor sandalwood trees are known for their unparalleled fragrance, and the state Forest Department has received record sales revenue through its auction this month. Officials said the department got Rs 37.22 crore in the auction, where big companies and institutions like Karnataka Soaps, Oushadhi, Jaipur CMT and India Limited, KFDC, and Devaswom Boards participated.

US-based electric vehicle maker Tesla is looking to source components worth around USD 1.9 billion from India this year against USD 1 billion last year, Commerce and Industry Minister Piyush Goyal said on Wednesday.

The rupee settled 1 paisa lower at 83.03 (provisional) against the US dollar on Monday, as positive cues from domestic equity markets failed to allay investors' concerns over elevated crude prices.

Gold price fell by Rs 50 to Rs 60,000 per 10 grams in the national capital on Monday, according to HDFC Securities.In the previous trade, the precious metal had closed at Rs 60,050 per 10 grams.However, silver climbed Rs 500 to Rs 74,400 per kilogram.