Business news

north block finance ministry finance ministry offices home ministry government of india

Start-ups get respite but worries persist about 'angel' tax confusion

Entrepreneurs hope CBDT will clarify the situation in a circular and bring some finality to the issue.

Dec 21, 2018

Gold prices steady as Fed's hint at 'some' hikes in 2019

Gold prices steadied on Thursday, after shedding half a percent in the previous session as the US Federal Reserve delivered a less-dovish outlook on monetary tightening than many had expected.

Dec 21, 2018

Swiggy raises $1 billion in largest ever funding round in food tech

The latest round of funding has resulted in Swiggy becoming the fifth most valuable startup in the country with a valuation of $ 3.3 billion.

Dec 20, 2018

Indian regulator orders Johnson & Johnson to stop using talc raw material

Moreover, over 100 samples were also collected from wholesalers, retailers, and distributors across the country which will be further tested to check the presence of any harmful substance.

Dec 20, 2018

Wipro starts online test as alternative hiring process for freshers

The test will cover logical reasoning, written skills, and online programming talent. The examinees will also have to choose a programming question between Java, C, C++ and Python.

Dec 20, 2018

IKEA to set foot in Noida creating about 8,000 jobs, signs Rs 5,000 crore MoU

Swedish furniture and home decor brand IKEA plans to set up an integrated commercial project in Noida and is likely to create about 8,000 direct and indirect jobs through the facility.

Dec 20, 2018

Tata Consultancy Services ranked 'Top Employer' in Asia Pacific region

Top Employer Institute certifies the Indian IT major as number one in several countries across the region including Australia, India, Hong Kong, Malaysia and Singapore

Dec 19, 2018

bse, stock markets, stock broker, indian stock markets, bse sensex, nse nifty

Sensex gains for 7th day on the trot over lower crude prices

Sensex settled 137.25 points or 0.38 per cent higher at 36,484.33 points after touching an intra-day high of 36,554.99 and a low of 36,381.87.

Dec 19, 2018

RBI's Rs 1 trillion bond buyback operations to inject more liquidity into economy

The central bank's open market operations will release Rs 500 billion into the banking system in December and another Rs 500 billion in January 2019.

Dec 19, 2018

Mukesh Ambani's firm ditches sibling's RCom in spectrum sale deal

DoT withholds approval to deal after Reliance Jio letter disowns liability for past spectrum dues of RCom.

Dec 19, 2018

midcap stocks sensex rises rally nse bse stock markets repo rate mpc first meeting cut 6.25% 25 bps india rate sensitive stocks

Sensex rises over 100 pts on firm rupee, falling crude prices

Rising for the seventh straight session, the 30-share index spurted 104.05 points, or 0.29 per cent, to 36,451.13. The barometer had rallied over 1,387 points in the previous six sessions.

Dec 19, 2018

Lava launches affordable A79 smartphone in India: Price, specifications

Salaries and distributor payments put on hold as liquidity crunch looms at LAVA Mobiles

The reason attributed to the slump of the company includes the heavy discounting offered by the Chinese companies in the Indian market and demonetisation.

Dec 19, 2018