Business news

Walmarts' profit erodes amid investment in Flipkart

Walmart's International operating income tanked 38% in constant currency terms and 42% on a reported basis.

May 18, 2019

#BoycottAmazon trends on Twitter over door mats, shower curtains featuring Hindu deities

Social media users have also tweeted to External Affairs Minister Sushma Swaraj asking her to take action to put an end to these products. They are being sold on the Amazon US app.

May 17, 2019

IndiGo shares tank over report of differences between co-founders on growth plan

India's largest airline has been growing at breakneck speed with drastic capacity addition to grabbing market share in the world's fastest-expanding aviation market.

May 16, 2019

Timing of Trump's Huawei rap calculated to escalate US trade war with China

Executive order opens the door for putting Chinese telecom giant Huawei and affiliates on Entity List claiming they are engaged in activities contrary to US national security or foreign policy interest

May 16, 2019

Markets' pause deceptive after the Monday mayhem that erased $1.4 trillion

As Trump policy zigzags between a call for talks and more pain on China, the uncertainty may accelerate fall to lower bottoms after Wednesday's dead-cat bounce.

May 15, 2019

Ola and SBI launch India's most rewarding credit card; target 10 million cards by 2022

Ola's suite of digital financial offerings ranges from the Ola Money wallet to postpaid billing and micro-insurance for rides taken on the Ola platform.

May 15, 2019

Zee Media's 73% profit drop triggers selloff; share tanks 10% in early trade

Company backed by Subhash Chandra's Essel Group posts Rs 13.17-crore profit after tax for FY19 when compared to Rs 49 crore in the previous fiscal.

May 15, 2019

Co-pilot accuses senior Air India commander of sexual harassment, airline orders probe

The accused kept on texting the victim even when she stated that she wasn't interested.

May 15, 2019

Jet saga: CEO Vinay Dube, CFO Amit Agarwal resign as airline revival hopes fade

The departure of Chief Executive Vinay Dube comes hard on the heels of the resignation of Chief Financial Officer Amit Agarwal, announced earlier in the day.

May 14, 2019

Has Deepika Padukone found the beauty of business amid the business of beauty?

Top Bollywood actor's investment in Greek yoghurt producer Epigamia reveals another competitive face of the brain behind the beauty.

May 14, 2019

Claims for up to Rs 1 lakh crore may hit Anil Ambani-led RCom in bankruptcy case

Domestic and international lenders, operational creditors, government agencies, and telecom tower companies have started filing claims ahead of May 21 deadline.

May 13, 2019

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Sell-on-bounce guidance remains; market under pressure as futures premiums slim

Volatility is expected to rise further with only one more round of the seven-phase election remaining; traders watch global markets amid US-China trade war rhetoric.

May 13, 2019

Hinduja brothers take back top spot in annual UK rich list

British citizens Sri, 83, and Gopi, 79, who are based in London, are two of the four brothers controlling the empire. The two moved to London in 1979 to develop the export business.

May 12, 2019

Who was YC Deveshwar? The man behind ITC's rise

Deveshwar had joined ITC in 1968. During his tenure, the company changed from merely being a tobacco company to a conglomerate involved in sectors ranging from hospitality, FMCG to IT.

May 11, 2019

Will Etihad's conditions for Jet recapitalisation ground the revival plan?

Etihad Airways has submitted a binding bid on condition that it will remain a minority shareholder and banks will find other funding sources.

May 11, 2019

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Business news

Walmarts' profit erodes amid investment in Flipkart

#BoycottAmazon trends on Twitter over door mats, shower curtains featuring Hindu deities

IndiGo shares tank over report of differences between co-founders on growth plan

Timing of Trump's Huawei rap calculated to escalate US trade war with China

Markets' pause deceptive after the Monday mayhem that erased $1.4 trillion

Ola and SBI launch India's most rewarding credit card; target 10 million cards by 2022

Zee Media's 73% profit drop triggers selloff; share tanks 10% in early trade

Co-pilot accuses senior Air India commander of sexual harassment, airline orders probe

Jet saga: CEO Vinay Dube, CFO Amit Agarwal resign as airline revival hopes fade

Has Deepika Padukone found the beauty of business amid the business of beauty?

Claims for up to Rs 1 lakh crore may hit Anil Ambani-led RCom in bankruptcy case

Sell-on-bounce guidance remains; market under pressure as futures premiums slim

Hinduja brothers take back top spot in annual UK rich list

Who was YC Deveshwar? The man behind ITC's rise

Will Etihad's conditions for Jet recapitalisation ground the revival plan?

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]