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 •  ONGC, OIL face risk of subsidy sharing: Moody's
ONGC and OIL, it said, have not contributed to fuel subsidies since June 2015, but have in previous years paid for over 40 per cent of the country's annual subsidy bill.
 
 •  Markets end marginally higher on value-buying
Major gainers were Dr Reddy's, SBIN, Tata Motors, Bajaj Auto, Coal India, Sun Pharma, Maruti, Infosys, M&M, Bharti Airtel and L&T rising up to 5.84 percent.
 
 •  RCom moves NCLAT challenging order allowing plea for its insolvency
Anil Ambani-run RCom's plea is expected to be heard by the appellate tribunal in the coming week.
 
 •  HSBC black money list: ED seizes Rs 20.87 crore assets of Dabur's Burman
The agency took over the case on the basis of a charge sheet filed by the Income Tax Department (ITD) against Burman as part of its probe in the leaked HSBC list of Indians.
 
 •  Steps to deal with rising petrol, diesel prices likely this week
The government may not rely only on cutting excise duty, which makes up for a fourth of the retail selling price, the official said but did not elaborate.
 
 •  Petroleum products need to be brought under GST: IOCL Chairman
Currently, crude oil, petrol, diesel, jet fuel or aviation turbine fuel (ATF) and natural gas are not included in GST, which kicked in from July 1.
 
 •  Petrol, diesel prices at all-time high but government not in favour of excise duty cut
Petrol price touched a record high of Rs 76.87 per litre and diesel climbed to its highest ever level of Rs 68.08 as the oil PSUs passed on four weeks of relentless rise in international oil prices to consumers.
 
 •  SBI posts Q4 net loss of Rs 7,718 crore on higher bad loans
The bank had reported a net profit of Rs 2,814.82 crore in the corresponding period of 2016-17.
 
 •  Adobe to buy Magento Commerce for $1.68 billion
Shares of Adobe rose about 1 percent in extended trading after the Photoshop maker also said it would buy back up to $8 billion of shares through its fiscal year 2021.
 
 •  Consumer Reports finds flaws in Tesla's Model 3
Musk had driven shares in the electric carmaker 4 percent higher with a weekend twitter discussion which showed the company was aiming initially to deliver more profitable and higher-priced fully-loaded editions of the Model 3.
 
 •  NCLAT issues notice to Bhushan Steel RP, CoC on L&T's plea; makes Tata Steel party
NCLAT also impleaded Tata Steel, whose bid for the debt ridden firm has been approved, as party over L&T plea seeking to recover Rs 900 crore.
 
 •  Hyundai to hike vehicle prices by up to 2% from June
The increased prices will not be applicable to the newly launched 2018 edition of SUV Creta.
 
 •  Vishal Sikka got Rs 13 crore remuneration from Infosys for FY18
Sikka had resigned as CEO and Managing Director effective August 18, 2017 and as Executive Vice Chairman effective August 24.
 
 •  Petrol, diesel prices hiked by over Rs 2 in last 9 days, Twitter fumes
Petrol price touched a record high of Rs 76.87 per litre and diesel climbed to its highest ever level of Rs 68.08 per litre on Tuesday.
 
 •  NSE drags Singapore Exchange to court over Indian derivatives products launch
SGX has, however, reiterated its plan to list the new Indian derivatives in June.
 
 •  As bitcoin world wobbles, mining rig company plans $2 billion IPO
Canaan is expected to present itself to investors not so much as a bitcoin company, but as a chip designer focused on developing other markets in artificial intelligence and blockchain, the electronic ledger that underpins bitcoin.
 
 •  Sony buys EMI Music Publishing in $1.9 bn deal
Sony signed a deal with Abu Dhabi-based investment firm Mubadala to buy its 60 percent holding in EMI, giving the Japanese firm an indirect stake of approximately 90 percent, Sony said in a statement.
 
 •  Petrol, diesel price on 22nd May 2018: Check out rates here city-wise
Under the dynamic pricing scheme, petrol and diesel prices are revised on a daily basis in sync with global crude oil prices.
 
 •  Stock markets open flat, Nifty below 10,600
Market opened flat on Tuesday ahead of earnings, but picked up momentum in early trading.
 
 •  Why 2018 Creta could help Hyundai regain ground lost to compact SUVs
Hyundai recently launched the all-new 2018 Creta at a starting price of Rs 9.43 lakhs (ex showroom, Delhi) with an eye on recapturing territory lost to compact SUVs and direct rivals who have emerged as significant players in the Indian auto industry.
 
Updated: 333 minutes ago
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