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Alibaba Singles' Day sales hit $10 billion in first hour

Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan ($9.92 billion) in the first hour of its annual Singles' Day on Sunday, up roughly 21 percent from last year's early haul of 57 billion yuan.

Nov 11, 2018

RBI tightens oversight of NBFCs, cancels registration of 31 firms

West Bengal leads in the number of finance companies suffering central bank's axe while another 17 voluntarily close business.

Nov 11, 2018

IndiGo switches 125 Airbus A320neo orders to longer range A321s - report

IndiGo had previously said it plans to add to its fleet of Airbus A320neos and ATR 72 turboprops at a rate of around six planes a month.

Nov 11, 2018

MS Dhoni attends India Cements board meeting, leaves executives awestruck

The executives of the Chennai-based company informed the media that this is the first time Dhoni has participated in a board meeting.

Nov 10, 2018

Big relief for Deloitte, PwC, EY and KPMG as govt panel allows permission to operate in India

The government had formed a committee to look into the complaints made by an Indian firm where they argued that the foreign firms were apparently flouting norms and gaining an undue advantage.

Nov 10, 2018

An Indian counterpunch against Trump and Harley-Davidson: Royal Enfield looks to bolster sales in US

Royal Enfield has managed to frustrate Harley-Davidson's efforts to grow in India which is the world's biggest two-wheeler market with some 17 million in sales annually.

Nov 10, 2018

Sundar Pichai speaks of 'simple life' in Chennai, recalls living in small house and sleeping on floor

While Google CEO Sundar Pichai may be a household name now, known as someone who not just heads the Mountain View, California-based company, but also as the one behind its AI projects, his childhood, by his own admission, was quite simple and humble.

Nov 10, 2018

Infosys to roll out salary increments for senior employees from January

The junior level employees had the rise in April and the senior executives' increments were scheduled for July which did not take place.

Nov 9, 2018

Fadnavis during his visit to the Virgin Hyperloop test track

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First hyperloop in India: Here's everything you need to know about the multi-crore project

In a notification issued on November 2, Maharashtra government's urban development department declared the Pune-Mumbai Hyperloop project as a public infrastructure project

Nov 8, 2018

Broad Asian surge augurs well for post Muhurat-day trading

Indian stocks are set for robust correction in the week ahead of Muhurat-day trading when the markets open after Thursday's holiday for Diwali Balipratipada.

Nov 8, 2018

Air India Airbus A320 passenger aircraft.

Air India flights delayed as ground staff on strike in Mumbai over Diwali bonus

The transport workers of Air India began their protests on Wednesday night after their Diwali bonuses were not paid.

Nov 8, 2018

Precious metals turn duller in Muhurat trading

Precious metals buck the global trend to finish lower in Diwali Muhurat trading defying history on weaker rupee

Nov 8, 2018

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Diwali muhurat trading: Here's all you need to know about the tradition

Muhurat trading symbolises the beginning of a new year or 'Samvat' for Gujaratis and Marwaris - two communities that dominate the stockbroking market in India.

Nov 7, 2018

PNB fraud case: ED seizes Nirav Modi's assets worth Rs 56.2 crore in Dubai

Earlier in October, the ED had attached Nirav Modi's properties worth Rs 225 crore in Hong Kong.

Nov 7, 2018

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Ola changes gear, starts New Zealand operations after UK and Australia

The announcement was made by Ola on Tuesday where it would offer rides across three largest cities of New Zealand viz. Auckland, Wellington, and Christchurch.

Nov 6, 2018

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