Business news

Essel Group eyes hiving off finserv businesses to cut debt burden

The move is part of Subhash Chandra's efforts to deleverage debt-laden balance sheet after lenders secured a deal over Zee Entertainment

Feb 6, 2019

No more discounts on Zomato and Swiggy? Code of conduct to soon hit online food aggregators

The National Restaurant Association of India (NRAI) feels that Zomato and Swiggy have created an imbalance in the market and will have a meeting in Mumbai on Thursday.

Feb 6, 2019

Ericsson files contempt plea against SBI chief over Rcom's Rs 550 cr dues - Report

Ericsson accuses SBI of not helping to retrieve the dues from RCom in its capacity as the lead banker during RCom's attempts to sell wireless assets to Reliance Jio.

Feb 6, 2019

More headache for Bharti Airtel as Moody's downgrades rating over cash flows

Last week, Airtel registered a drop of 72 percent in consolidated net income for the three months ended December 2018 at about Rs 86 crore.

Feb 6, 2019

Subhash Chandra's personal guarantee saves Zee from default

Lenders get greater control over developments at Zee in a deal that prevents the sale of pledged shares amid a price fall

Feb 5, 2019

BENGALURU, IndiaMicrosoft Chief Executive Officer Satya Nadella and Flipkart Group Chief Executive Officer and co-founder Binny Bansal attend a news conference in Bengaluru, India, February 20, 2017. REUTERS/Abhishek N. Chinnappa

Flipkart co-founder Binny Bansal focusing energy on nurturing startups

Breaking silence after his Flipkart exit amid #MeToo storm, Binny Bansal is hopeful that his new venture xto10x Technologies will help startups avoid pitfalls he made early on.

Feb 5, 2019

RCom meltdown: Anil Ambani's pain is Mukesh Ambani's gain

Asset sale to Reliance Jio, which would have brought nearly Rs 18,000-crore to debt laden Rcom, floundered after creditors demanded payment ahead of the sale.

Feb 5, 2019

Paid leave for sex change surgeries? Workplaces become more inclusive

Companies are now making efforts to create workplaces that are more inclusive after the supreme court decriminalised homosexuality in a landmark move.

Feb 5, 2019

Kamal Haasan on Budget 2019: Sounds in some parts like legitimate version of money for votes

Kamal Haasan has given a thumbs-down to the Budget 2019, which was presented by Union minister Piyush Goyal.

Feb 5, 2019

Modi's election-year largesse makes fiscal targets elusive: Moody's

US rating agency Moody's says though there is no threat to the country's 'Baa2' rating, long-term failure to meet fiscal targets could affect the rating

Feb 5, 2019

Interim Budget: How to adjust and evade tax even if you gross Rs 10 lakh

Amid the attention on zero-tax liability on income up to Rs 5-lakh, wise individuals earning up to Rs 10 lakh can escape the tax dragnet with proper investments

Feb 4, 2019

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RCom shares plunge more than 50% after bankruptcy move

The Reliance Communications board has said it now looks at comprehensive debt resolution within the next 270 days.

Feb 4, 2019

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Market week: Key factors likely to increase post-budget volatility

Positive vibes from Piyush Goyal's interim budget may influence the market along with earnings and regulatory events though doubts about fiscal math may linger

Feb 3, 2019

Failing to pay debt, Anil Ambani led Reliance Communications files for insolvency

Now with RCom filing for insolvency, the company has become the latest telecom player after Aircel to do so.

Feb 2, 2019

Zero tax for 'common man' in Budget 2019: A history of direct taxation in India [Video]

The Modi government has offered income tax rebate for those earning less than Rs 5 lakh. While this is a historic move, tax burden of those earning more than Rs 5 lakh won't ease much.

Feb 2, 2019

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Business news

Essel Group eyes hiving off finserv businesses to cut debt burden

No more discounts on Zomato and Swiggy? Code of conduct to soon hit online food aggregators

Ericsson files contempt plea against SBI chief over Rcom's Rs 550 cr dues - Report

More headache for Bharti Airtel as Moody's downgrades rating over cash flows

Subhash Chandra's personal guarantee saves Zee from default

Flipkart co-founder Binny Bansal focusing energy on nurturing startups

RCom meltdown: Anil Ambani's pain is Mukesh Ambani's gain

Paid leave for sex change surgeries? Workplaces become more inclusive

Kamal Haasan on Budget 2019: Sounds in some parts like legitimate version of money for votes

Modi's election-year largesse makes fiscal targets elusive: Moody's

Interim Budget: How to adjust and evade tax even if you gross Rs 10 lakh

RCom shares plunge more than 50% after bankruptcy move

Market week: Key factors likely to increase post-budget volatility

Failing to pay debt, Anil Ambani led Reliance Communications files for insolvency

Zero tax for 'common man' in Budget 2019: A history of direct taxation in India [Video]

Desi TikTok rival, Chingari raises undisclosed amount from Aptos labs; app to go multichain

Rakhi Sawant's husband Adil Durrani sent to judicial custody; ex-husband Ritesh stands by her [details]

"New bride in black?": Kiara Advani's all black outfit after marriage fails to impress netizens