Business news

RBI cuts repo rates by 25 basis points to 6 percent, EMIs set to be cheaper

RBI decided to cut repo rates by 25 basis points or 0.25 per cent to 6 per cent, meeting a majority of economists' expectations.

Apr 4, 2019

BSNL to sack 54,000 employees post-Lok Sabha elections as losses pile up?

Nearly 31 per cent of the 1.7 lakh workforce at BSNL is likely to be laid off as a result of the company's cost-cutting measures.

Apr 3, 2019

GainBitcoin scandal's Amit Bhardwaj granted bail by Supreme Court

Along with Amit, his brother Vivek Bhardwaj has also been granted bail. However, the apex court directed Amit to pay Rs 10 crore and his brother to pay Rs 1 crore.

Apr 3, 2019

Will Supreme Court order quashing RBI note on stressed loans create more Nirav Modis?

In the aftermath of the court order, banks may turn more to the 'Project Sashakt' to deal with stressed assets above Rs 500 crore.

Apr 3, 2019

RBI plans series of steps to boost economy's liquidity ahead of Lok Sabha elections

Another round of rate cut, the second tranche of dividend payment to government and a rupee-dollar swap auction are on the cards.

Apr 2, 2019

Google India chief Rajan Anandan quits, to join Sequoia India

Google India Vice-President Rajan Anandan has quit from his position on Tuesday, April 2. He will leave the company by April-end, Google said.

Apr 2, 2019

All you wanted to know about the pension scheme for private sector employees

Supreme Court's order dismissing an EPFO challenge of a High Court order removing pension ceiling paves the way for retiring private sector employees to receive the full pension.

Apr 2, 2019

Prank for a cause; Ola banks on April 1 phenomenon to crowdfund toilets for 20,000 people

Launched under Ola's 'My Ride. My Cause' programme, users will be able to contribute Rs 1 per ride from April 2 until October 2, 2019.

Apr 2, 2019

India's fraud investigator arrests ex-chairman of debt-laden IL&FS

India's Serious Fraud Investigation Office (SFIO) has arrested the former chairman of debt-laden Infrastructure Leasing and Financial Services (IL&FS) in connection with an ongoing investigation into the lender, a government official said on Monday.

Apr 2, 2019

Airbnb checks into Oyo rooms, invests $150-200 million

Last year, the unicorn start-up had managed to raise more than $1 billion from investors.

Apr 2, 2019

Markets offer bullish welcome to FY20; Sensex sets record high of 39,028 points

Global cues, FII fund inflows and the prospect of Prime Minister Modi's strong general election showing create 'buy on dips' market.

Apr 1, 2019

With 9,500 branches and 13,400 ATMs, Bank of Baroda now 2nd largest PSU bank after SBI

The RBI had said on Saturday that all outlets of Bengaluru-based Vijaya Bank and Mumbai-based Dena Bank will begin functioning as outlets of Vadodara-headquartered BoB from Monday.

Apr 1, 2019

Johnson & Johnson in deep trouble in India; now cancer-causing ingredients found in baby shampoo

The Drugs Control Organisation of Rajasthan has claimed to have discovered formaldehyde in two batches of the popular shampoo and subsequently, a notice has been sent to authorities across the country.

Apr 1, 2019

Sensex touches record high of 39,000, Nifty above 11,700; metal stocks surge

Sensex was up 347.48 points or 0.90 percent at 39020.39, and the Nifty up 88.80 points or 0.76 percent at 11712.70.

Apr 1, 2019

Is Coke raiding Indian grandma's secret recipe chest for ethnic drinks products?

Once considered the epitome of an evil West out to culturally emasculate India, Coca-Cola is seeking to spice up the market with drinks like jaljeera, aam panna, and masala buttermilk.

Mar 30, 2019

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Business news

RBI cuts repo rates by 25 basis points to 6 percent, EMIs set to be cheaper

BSNL to sack 54,000 employees post-Lok Sabha elections as losses pile up?

GainBitcoin scandal's Amit Bhardwaj granted bail by Supreme Court

Will Supreme Court order quashing RBI note on stressed loans create more Nirav Modis?

RBI plans series of steps to boost economy's liquidity ahead of Lok Sabha elections

Google India chief Rajan Anandan quits, to join Sequoia India

All you wanted to know about the pension scheme for private sector employees

Prank for a cause; Ola banks on April 1 phenomenon to crowdfund toilets for 20,000 people

India's fraud investigator arrests ex-chairman of debt-laden IL&FS

Airbnb checks into Oyo rooms, invests $150-200 million

Markets offer bullish welcome to FY20; Sensex sets record high of 39,028 points

With 9,500 branches and 13,400 ATMs, Bank of Baroda now 2nd largest PSU bank after SBI

Johnson & Johnson in deep trouble in India; now cancer-causing ingredients found in baby shampoo

Sensex touches record high of 39,000, Nifty above 11,700; metal stocks surge

Is Coke raiding Indian grandma's secret recipe chest for ethnic drinks products?

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]