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Oil prices drop as OPEC production increases in July

Oil prices slipped on Tuesday after a report showed that OPEC production reached a 2018 high in the month of July, although the losses were limited as concerns about supply lingered.

Jul 31, 2018

Swiggy's new loyalty programme to offer free deliveries

The food ordering app has launched a new subscription service, available in one-month and three-month durations, that will offer several benefits such as free delivery and discounts on orders.

Jul 31, 2018

Ray of hope for home buyers as NBCC may take up stalled projects of Jaypee, Amrapali

However, the ownership of the company would remain with the current promoters, or with the Insolvency Resolution Professional (IRP) whichever the case may be.

Jul 30, 2018

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Vijay Mallya faces final extradition hearing after losing Force India F1 team: Here's all he has lost so far

Vijay Mallya has lost control over Force India F1 team. What other assets has he lost so far? India loves to treat each story with a view to finding a moral in it. And Mallya's story has many spectacular morals. The plainest of them all is that if you do wrong you will suffer. The middle India loves to latch on to that belief.

Jul 30, 2018

Banks, lessors serve default notices to debt-ridden Air India

The country's national carrier has failed to generate enough profits to cover the interest it has to pay on its whopping Rs. 466.69 billion debt.

Jul 30, 2018

Probe into Chanda Kochhar debacle widens as ICICI reviews past loans

ICICI Bank is reviewing all the loans from last five years and plans to revamp its processes and correct all the loopholes.

Jul 30, 2018

Hackers deposit Re 1 in TRAI chief's bank account as Aadhaar dare backfires

In an audacious attempt on Saturday, TRAI chairman RS Sharma, an ardent supporter of this biometric service, shared his Aadhaar number on Twitter challenging anyone to leak his personal data.

Jul 30, 2018

Karnataka overtakes Tamil Nadu in producing renewable energy

Karnataka is producing more renewable energy than European countries like the Netherlands and Denmark which generates around 7.7 GW of renewable energy.

Jul 29, 2018

TRAI chief discloses Aadhaar number as Twitter dare; users dig up personal data right away

Being the chairman of a regulatory body, much of RS Sharma information is already out in public domain. The Telecom Regulatory Authority of India is yet to make an official comment on the authenticity of his personal details shared by Twitter users.

Jul 29, 2018

In a first, New York aims to curb Uber and other taxi services

New York City is attempting to be the first to cap ride-hailing services, in a move that has not gone down well with companies and commuters.

Jul 29, 2018

In a first, Amazon's international losses shrink since 2016

Amazon's international losses for the June quarter were $494 million, a fall of 31 percent as against $724 million in the same quarter of last year.

Jul 28, 2018

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Data privacy: Srikrishna panel backs 'explicit' consent for sensitive data; penalties for violation

The committee which was set up in 2017 to recommend a legislative framework for data privacy submitted its report to the Union minister for law and justice, and electronics and Information Technology, Ravi Shankar Prasad.

Jul 28, 2018

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HCL on the rise, takes over Wipro as third largest IT firm

HCL reported Rs 2,431 crore in net profit for Q1, and overtook Wipro in terms of dollar revenue, clocking $2.05 billion, as compared to Wipro's $2.02 billion.

Jul 28, 2018

Crippled by bad loans, ICICI posts first ever loss in 16 years

Hurt by higher provisions for bad loans and bond losses, as well as the ongoing investigation into former Chief Executive Chanda Kochhar, ICICI Bank posted its first loss in 16 years, reporting Rs 1.2 billion in losses for the first fiscal quarter.

Jul 28, 2018

Domino's takes a slice of GST cuts, deprives customers of benefit

Anti-profiteering authorities are currently investigating the pizza chain for failing to reduce prices of its products and not passing on the cut in GST rates to the consumers.

Jul 27, 2018

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