Business news

Walmart withdraws 'Impeach 45' apparel; Trump supporters upset

Walmart is facing the ire of conservatives and Trump supporters for selling "Impeach 45" apparel on its website. The retailer has taken back the collection after the #BoycottWalmart campaign run online.

Jul 4, 2018

Rattled by the Nirav Modi scam, PNB to shut most operations at its Mumbai branch – report

PNB is closing nearly all its operations in a Mumbai branch that was at the heart of a $2 billion fraud, according to four sources with knowledge of the decision.

Jul 4, 2018

SEBI orders ICICI Pru Mutual fund to refund Rs. 2.4 billion to its investors

The market regulator ordered the fund house to refund the amount to the investors with an annual interest rate of 15 percent.

Jul 4, 2018

Life Insurance Corporation LIC premium insurance bima diamond plan money back

LIC lost 18 out of 21 PSB investments in the past two years

The trend is completely different when it comes to its investment in private sector banks where the value of LIC's investment is up by 50 percent.

Jul 2, 2018

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GST was thrust upon an unprepared nation, says former Finance minister P Chidambaram

According to the Congress leader, the only section that appeared to be happy about the GST was the tax administration that had acquired extraordinary powers that frighten the average business person and the common citizen. "GST has become a bad word" for businesses and commoners alike, he said.

Jul 1, 2018

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Tata Steel, Thyssenkrupp to merge; will become Europe's second largest steelmaker

This is the largest deal in European steel industry since Laxmi Niwas Mittal took over Arcelor in 2006.

Jun 30, 2018

RIL asks its 40,000 employees asked to switch from Airtel, Vodafone to Jio

Mukesh Ambani-led Reliance Industries acquires Radisys for $74 million

Reliance Industries Limited has signed a deal for a 100 percent stake in Oregon-based Radisys Corporation.

Jun 30, 2018

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Nissan to launch its first global digital hub in Thiruvananthapuram, Kerala

Nissan plans to start many global hubs in Asia, Europe and North America with digital technology as the key theme. The first global digital hub will be located at Technopark in the capital city of Kerala.

Jun 29, 2018

Who will be next ICICI Bank chairman? Frontrunner loses out; ex-bureaucrat emerges dark horse

ICICI Bank chairman RK Sharma's terms ends tomorrow. In the running are former bureaucrats Shaktikanta Das, D K Mittal, Tapan Ray C B Bhave. Former Bank of Baroda Chairman and Managing Director MD Mallya, a frontrunner in the beginning, has apparently lost out after he was interrogated in the Rotomac loan scam.

Jun 29, 2018

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Business news

Walmart withdraws 'Impeach 45' apparel; Trump supporters upset

Rattled by the Nirav Modi scam, PNB to shut most operations at its Mumbai branch – report

SEBI orders ICICI Pru Mutual fund to refund Rs. 2.4 billion to its investors

LIC lost 18 out of 21 PSB investments in the past two years

GST was thrust upon an unprepared nation, says former Finance minister P Chidambaram

Tata Steel, Thyssenkrupp to merge; will become Europe's second largest steelmaker

Mukesh Ambani-led Reliance Industries acquires Radisys for $74 million

Nissan to launch its first global digital hub in Thiruvananthapuram, Kerala

Who will be next ICICI Bank chairman? Frontrunner loses out; ex-bureaucrat emerges dark horse

Indian traders vs Walmart: Nationwide protest against US retail giant on July 2

Adani Group to take over Anil Ambani's Reliance Energy, sale approved by Maharashtra Electricity Regulatory Commission

Relief for taxpayer? Government won't set up 'bad bank' to flush your money down the drains

Vodafone Idea Limited to emerge as numero uno in Indian telecom market

IT department attaches Benami properties worth Rs 43 billion

Policybazaar enters unicorn club with SoftBank-led $200 million funding