Business news

Fresh trouble for Jet Airways employees as the airline defaults on salaries again

The beleaguered airline has requested 10 more days from its employees to clear the balance 25 per cent of the salary dues for the month of August.

Sep 27, 2018

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Indian mutual funds industry outpaces global growth by over 100%

The share of mutual funds in the capital markets through portfolio investment has spiked from 8.5 per cent in 2014 to 18.4 per cent in March.

Sep 27, 2018

Made-in-India Mercedes-Benz GLC rolled out

US to welcome made-in-India Mercedes-Benz GLC soon; a blow to China?

Mercedes-Benz has already started shipments from Chakan plant near Pune and the made-in-India SUVs should reach the US next month. The GLC SUV is one of the bestselling models of Mercedes-Benz in the North American market.

Sep 27, 2018

Home prices in Dubai fall 22 percent from 2014 levels

The residential capital values slumped by nine percent in Q3, 2018, the decline has slowed to 2.9 percent as against the previous quarter.

Sep 26, 2018

LIC, SBI to avoid India's 'Lehman moment'; may increase stakes in IL&FS

The idea of two publically-owned companies increasing their stake in IL&FS was muted on Tuesday at a meeting held under the chairmanship of Finance Minister Arun Jaitley

Sep 26, 2018

Cabinet approves new telecom policy aiming $100 billion investment, 4 million jobs

Communication systems have been evolving at a rapid pace globally, especially in areas like 5G, Internet of Things and Machine to Machine Communication.

Sep 26, 2018

Swiggy to partner with 300 delivery-only kitchens for faster customer service

By 2020, the company aims to spread the access kitchens across 30-40 cities in the country through tie-ups with hundreds of restaurants.

Sep 26, 2018

Cabinet approves GST Network to become govt-owned company

The announcement was made by Finance Minister Arun Jaitley on Wednesday, September 26, as he said that the government will now own 100 percent of the GST Network.

Sep 26, 2018

Reliance Jio shows impressive growth in customer addition; attracts rural customers

Jio's subscriber market for July rose to 19.6 per cent hence overtaking both Vodafone India and Idea, which were operating as separate entities at the time.

Sep 26, 2018

JSW Energy may buy General Motors' Pune plant to make electric cars

JSW Energy reportedly plans to roll out its first electric vehicle by 2020. The Sajjan Jindal-led business conglomerate seems to have found GM's Talegaon plant in Pune as the base for its EV foray.

Sep 26, 2018

Ready to splurge Rs 123 crore? World's 'most expensive' pair of shoes will be yours

Crafted by UAE-based Jada Dubai in collaboration with Passion Jewellers, the Passion Diamond shoes features gold and hundreds of diamonds, including two imposing D-flawless diamonds of 15 carats each.

Sep 26, 2018

TCS sued by 3 US citizens over employment discrimination

The three complaints -- Darryl Stacy, Donald Stephen Bradley, and Hesham Hafez -- have alleged that TCS prefers to bring in the human resources from India even though there are able and trained US citizens

Sep 25, 2018

Instagram co-founders resign over differences with Mark Zuckerberg

Instagram is expected to get more tightly integrated with Facebook and could become a product division rather than being an independent operation after the exit of its co-founders.

Sep 25, 2018

Saudi Arabian Energy Minister Khalid al-Falih talks to reporters at the OPEC meeting

Crude oil price hits 4-year high as S Arabia, Russia reject US call to raise output

Experts say only a 'demand-destruction' could set prices back but such a phenomenon won't happen Brent crude hits $120 a barrel.

Sep 25, 2018

Former content moderator sues Facebook over mental trauma

The company has said it was "reviewing" the lawsuit and took moderator support "seriously" and pointed to its existing assistance, including "in-house" psychological and wellness support.

Sep 25, 2018

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Business news

Fresh trouble for Jet Airways employees as the airline defaults on salaries again

Indian mutual funds industry outpaces global growth by over 100%

US to welcome made-in-India Mercedes-Benz GLC soon; a blow to China?

Home prices in Dubai fall 22 percent from 2014 levels

LIC, SBI to avoid India's 'Lehman moment'; may increase stakes in IL&FS

Cabinet approves new telecom policy aiming $100 billion investment, 4 million jobs

Swiggy to partner with 300 delivery-only kitchens for faster customer service

Cabinet approves GST Network to become govt-owned company

Reliance Jio shows impressive growth in customer addition; attracts rural customers

JSW Energy may buy General Motors' Pune plant to make electric cars

Ready to splurge Rs 123 crore? World's 'most expensive' pair of shoes will be yours

TCS sued by 3 US citizens over employment discrimination

Instagram co-founders resign over differences with Mark Zuckerberg

Crude oil price hits 4-year high as S Arabia, Russia reject US call to raise output

Former content moderator sues Facebook over mental trauma

Man dies by suicide along with 4 children after wife succumbed to black fungus

Esha Gupta poses topless, hits back at trolls over "indecent picture"

Did Ajay Devgn really refuse to wait for Shah Rukh Khan to shoot an ad? Here's the truth