Business news

FPI divests Rs 7,712 crore from Indian equity market, shows disinterest after Budget 2019-20

Some of the other reasons for the investment lags are related to the international tension between US-Iran which is creating global disruption in liquidity flow.

Jul 21, 2019

The Air India plane flying the inaugural trip from Lucknow,

Govt tells Air India to freeze all appointments, promotions

A new flight has to be started only when it is extremely necessary and after due diligence from the commercial aspect.

Jul 21, 2019

reliance industries ril jio telecom 4g ripples buzz spectrum mukesh ambani

RIL Q1 consolidated net profit up by 6.8% to Rs 10,104 cr

The company's consolidated net profit (attributed to the owners of the company) during the first quarter of FY 2019-20 rose to Rs 10,104 crore, against Rs 9,459 crore reported during the corresponding period of the previous fiscal.

Jul 20, 2019

US-based Ebix buys travel portal Yatra for Rs 2,323 crore

The transaction will close by the fourth quarter of this year. Yatra will continue to function independently after the completion of the deal.

Jul 19, 2019

Tata Group keeps top spot in brand valuation survey; Here are Top 50 firms in India

Second in the list after the Tata Group is the Life Insurance Corporation with its valuation at about $7.2 billion.

Jul 18, 2019

Allahabad Bank report on Rs 688 crore fraud triggers fear of more irregularities

Allahabad Bank tells bourses that NCLT proceedings are in progress to recover the dues from a Ludhiana-based textile company; the bank had earlier reported a fraud of over Rs 1,775 crore by Bhushan Steel Ltd.

Jul 18, 2019

Ritesh Agarwal sets up RA Hospitality in Cayman Islands to drive Oyo funding

Agarwal has been in talks with Japanese financial services firm Nomura for a fresh funding of about $1.5 billion.

Jul 18, 2019

Bimal Jalan report: Govt may put more pressure on RBI for cash to meet budget target

Jalan panel's proposal for 'nominal' transfer of RBI funds to the government from the reserves over 3-5 years falls short of expectations.

Jul 18, 2019

Will email marketing count for your business growth? Here is what Alan Lazar says about it

Alan Lazar, who made a multi-million-dollar e-commerce marketing empire, says that email marketing is a cost-effective solution that helps a business reach its target customers.

Jul 17, 2019

Azim Premji speech FULL TEXT: The 'trustee' of Wipro wealth bids farewell

To lead in this time of rapid change we have sharpened our strategy into four pillars based on what our clients need i.e. Business Re-imagination, Engineering Transformation and Modernization, Connected Intelligence, and Trust.

Jul 17, 2019

Here is why RSS economic wing is opposing PM Modi's plan for foreign currency bonds

RSS economic wing Swadeshi Jagran Manch views Prime Minister Narendra Modi's plan to issue foreign currency bonds as 'anti-patriotic' as it will allow rich foreign nations to control India's policies.

Jul 17, 2019

Government intervenes to save IndiGo from Jet Airways-like crash landing

Will PM Modi's intervention save IndiGo from crash-landing like Jet?

Rahul Bhatia controls nearly 38 percent stake in the airline against Rakesh Gangwal's 37 percent. Bhatia also holds special rights, including the prerogative of appointing three out of six directors.

Jul 17, 2019

India seeks more than $1 billion investment with new oil block auction

India awarded 32 blocks in the latest two exploration licensing rounds called the open acreage licensing policy (OALP), which allows companies to carve out any area they want to drill.

Jul 16, 2019

Infosys tightens the belt to protect margins as staff attrition rate skyrockets

The IT major is taking several measures to contain the fall in margin including withholding salary hikes to senior employees and suspending bonus payments to the staff of vice president level and above.

Jul 16, 2019

DHFL default is threatening to draw in mutual fund industry as 160 MFs have exposure to DHFL papers

Time running out for DHFL as the lender needs Rs 3,000 crore of equity infusion

Lenders are showing their reluctance to give fresh loans unless DHLF secures fresh funds.

Jul 16, 2019

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Business news

FPI divests Rs 7,712 crore from Indian equity market, shows disinterest after Budget 2019-20

Govt tells Air India to freeze all appointments, promotions

RIL Q1 consolidated net profit up by 6.8% to Rs 10,104 cr

US-based Ebix buys travel portal Yatra for Rs 2,323 crore

Tata Group keeps top spot in brand valuation survey; Here are Top 50 firms in India

Allahabad Bank report on Rs 688 crore fraud triggers fear of more irregularities

Ritesh Agarwal sets up RA Hospitality in Cayman Islands to drive Oyo funding

Bimal Jalan report: Govt may put more pressure on RBI for cash to meet budget target

Will email marketing count for your business growth? Here is what Alan Lazar says about it

Azim Premji speech FULL TEXT: The 'trustee' of Wipro wealth bids farewell

Here is why RSS economic wing is opposing PM Modi's plan for foreign currency bonds

Will PM Modi's intervention save IndiGo from crash-landing like Jet?

India seeks more than $1 billion investment with new oil block auction

Infosys tightens the belt to protect margins as staff attrition rate skyrockets

Time running out for DHFL as the lender needs Rs 3,000 crore of equity infusion

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]