Business news

PM Modi's demonetisation lifts life insurance premium collection to a 9-year high

Individual new business for private insurers grew 26 percent, while state-run LIC reported 16 percent growth in 2016-17.

Apr 19, 2017

Wipro Q4 results preview: Analysts have a mixed view on company meeting IT revenue guidance

Azim Premji-controlled Wipro had given IT revenue guidance of $1,922-1,941 million for Q4 (March 2017 quarter).

Apr 19, 2017

Insurance firms lob sueball at security firm Trustwave for failing to protect consumers

SBI Card to charge customers for making small payments via cheques

Cheque payments up to Rs 2,000 attract a levy of Rs 100 with effect from April 1, SBI Card says in a statement.

Apr 19, 2017

A man walks outside the factory of United Breweries Ltd (UB) that manufactures Kingfisher beer in Thiruvalluar district of the southern Indian state of Tamil Nadu

Vijay Mallya's stake in United Breweries valued at Rs 1,575 crore

Vijay Mallya, arrested in London on Tuesday, owns 2.13 crore shares in United Breweries in his individual capacity, apart from stake in United Spirits.

Apr 18, 2017

Vijay Mallya arrest: Here's how the industrialist could be extradited to India

Industrialist Vijay Mallya was arrested by the Scotland Yard at 9:30 am on Tuesday "on an extradition warrant" on behalf of the Indian authorities on charges of fraud.

Apr 18, 2017

tcs q4 results, tcs q4 net profit, tcs q4 revenues, tcs share price, tcs final dividend

TCS Q4 net profit up 4.2% YoY to Rs 6,608 crore but fall sequentially

India's largest IT services exporter TCS declared its Q4 and FY2017 results on Tuesday after stock market hours.

Apr 18, 2017

The Zinger: KFC is debuting a new sandwich that cost $80 million to create!

KFC's Zinger is said to be the first fried chicken sandwich that is made by hand, every day, in KFC's kitchen and goes on sale April 24.

Apr 18, 2017

Vijay Mallya: The rise and fall of the Indian industrialist arrested in London [Infographic]

UB Group promoter and liquor industrialist Vijay Mallya was arrested in London on Tuesday (April 18), almost 13 months after fleeing India.

Apr 18, 2017

Vijay Mallya arrested in London by Scotland Yard, released after 3 hours

Vijay Mallya fled India in 2016, and is wanted in India in several cases, including non-repayment of loans worth Rs 9,000 crore to 17 banks.

Apr 18, 2017

TCS likely to report 5-6% revenue growth YoY for Q4, say brokerages

India's largest IT software services exporter TCS will declare Q4 and FY2017 results on Tuesday (April 18).

Apr 18, 2017

fortis healthcare, fortis share price, fortis healthcare q4 results, fortis hospitals, fortis bulk deal

Fortis Healthcare: Standard Chartered PE sells 7.3 million shares

Fortis Healthcare shares closed at Rs 203, up 9.29 percent on the BSE; Standard Chartered PE held 15.8 million shares as of March 31, 2017.

Apr 17, 2017

Best 4G data tariff plans for April 2017: Should you opt for Reliance Jio, Vodafone, Airtel, Idea or BSNL?

All the major telecom operators -- Reliance Jio, Vodafone, Airtel, Idea and BSN -- offer attractive 4G data tariff plans.

Apr 17, 2017

jet airways, jet indian pilots, jet expat pilots, jet airways share price, National Aviator's Guild

Jet Airways' Indian pilots don't want to share cockpit with expat pilots

The National Aviators' Guild of Jet Airways has accused expat (foreign) pilots of "misbehaviour" and "assault".

Apr 17, 2017

ED issues show-cause notice to Karti Chidambaram over foreign exchange rules violations

Karti Chidambaram, son of former Union Finance Minister P Chidambaram, has been issued a show-cause notice by the ED for alleged violations of the FEMA laws to the tune of Rs 45 crore.

Apr 17, 2017

mazda sports cars, porsche sports cars, mazda ceo Masahiro Moro, porsche ceo Klaus Zellmer

Mazda and Porsche shrug off concerns over self-driven cars

Autonomous driving, or self-driven cars, do not bother Mazda and Porsche who believe some people are still passionate about driving themselves.

Apr 17, 2017

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Non-bailable warrant issued against Pakistani journalist Cyril Almeida for 'leaking sensitive information'

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