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State Bank of India shares spurt after lender cuts interest rate on savings deposits

The country's largest lender State Bank of India slashed interest rate on savings bank deposits to 3.5 percent from 4 percent, resulting in share prices rising sharply.

Jul 31, 2017

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Tech Mahindra trades flat ahead of June quarter results; Sensex up over 100 points

IT software services company Tech Mahindra will be declaring its June quarter (Q1) results on Monday.

Jul 31, 2017

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EdgeVerve head Anirban Dey quits; Infosys in need of a retention plan stat!

Anirban Dey, the global head and chief business officer of Edge products at EdgeVerve, Infosys Ltd's products and platforms unit, has resigned and is currently serving notice period.

Jul 31, 2017

Hardware glitch: As deadline for filing I-T returns nears, snag hits portal

The site has not crashed. The technical team is working on it and it should be up and running shortly, says CBDT official.

Jul 30, 2017

Turning around Tata Motors domestic business need of the hour: N Chandrasekaran

Guenter Butschek said: "Our immediate priority now is on execution -- to address the top concerns of supply constraints, advance the launch time of some of our new products."

Jul 30, 2017

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Infosys to put Europe to work, hire locals in next investment push

The European business expanded 4.7 per cent during the June quarter as Infosys witnessed broadbased growth across sectors.

Jul 30, 2017

Bring on the pomegranate: ITC to foray into fruits, vegetables and perishables market

The fruits and vegetable under the new brand will also be sold online, first via sellers like BigBasket, and later on other platforms.

Jul 30, 2017

Celebs to be held responsible for ads? New law to let consumers file class-action suits

India is all set to get a new consumer protection law that will give the common buyer several facilities that people in the fast-growing economy need. Read to know more.

Jul 29, 2017

IL&FS bags Rs 4,899-crore Zojila tunnel project in rebidding

IL&FS earlier constructed the 10.89-km Chenani-Nashri tunnel on the Jammu-Srinagar Highway, inaugurated by Prime Minister Narendra Modi in April this year.

Jul 29, 2017

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The $2 billion bite: Apple pays up huge settlement to Nokia in patent dispute

The spat began last year when the tech giants locked horns over patents, with Apple filing an anti-trust lawsuit against third-party companies acting on Nokia's behalf.

Jul 29, 2017

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Can Maruti Suzuki's NEXA change the dimensions of Indian auto market? [VIDEO]

NEXA was launched almost two years ago with the S-Cross being its first offering. The premium division of Maruti Suzuki has since then grown considerably due to the popularity of NEXA products. Will NEXA change the dimensions of auto market?

Jul 29, 2017

ONGC gets govt go-ahead to buy 80% in GSPC for Rs 7,738 cr

Debt-ridden GSPC has made nine gas discoveries in the Bay of Bengal block, of which three have been approved for development.

Jul 28, 2017

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Watch cop bravely wrestle alligator in Florida

A Boynton Beach police officer wrangled an alligator and released it back into the wild earlier in July. Officer Alfredo Vargas had previous training in handling gators, and didnt want the little guy to be killed by a trapper. According to a Facebook post by the Boynton Beach Police Department, Vargas initially responded to a call of an alligator in front of a residents front door. After being told he would have to wait for a trapper to arrive – a trapper who would likely kill the alligator – Vargas safely wrestled the alligator into his patrol car and released it into a nearby canal.Officer Vargas doesnt know it yet, but weve just made him the departments official alligator wrestler (kidding but not really), the post said.

Jul 28, 2017

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Sir Richard Branson gives up control of Virgin Atlantic amid Delta-Air France deal

Sir Richard Branson has announced he will sell a 31% stake in Virgin Atlantic to Air France-KLM in a move that could bring an era of British aviation to an end.

Jul 28, 2017

Is GE's Jeffrey Immelt the frontrunner to take over as Uber CEO?

Now that Meg Whitman has clarified that she is staying with HPE, General Electric Co.'s Jeffrey Immelt seems to be a popular choice to take over as the CEO of Uber.

Jul 28, 2017

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