Business news

Reliance, BP line up Rs 9,750 crore fund to develop six satellite gas fields

RIL and BP plan to develop four deep sea satellite gas finds in the Krishna Godavari basin.

Oct 17, 2017

Festive season boosts temporary recruitment amid lacklustre economic growth

While the salaries for temporary profiles are unchanged, the demand has however shot up.

Oct 17, 2017

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Dhanteras 2017: Jewellers trying to woo customers back with heavy discounts on gold

Gold is trading at Rs 29,550 level, which is about Rs 1,000 lower than the recent high. Market analysts bet on more correction in coming future which gives investors a good opportunity to invest in gold.

Oct 17, 2017

More companies now shift focus to Aadhaar for easy employee verification process

A leading business services provider, Quess, has hired more than 30,000 employees using Aadhaar verification over the last few months.

Oct 17, 2017

Apple to tap digital payment business in India, partnering local players

Rather than building a new payments solution from scratch, Cue hinted that it would launch Apple Pay in India, it will look for local players to partner and integrate its payment service.

Oct 16, 2017

Flipkart in early talks to buy stake in BookMyShow in push against Paytm

Flipkart wants to invest fresh capital into BookMyShow and also buy shares from some of its investors.

Oct 16, 2017

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Vijay Mallya firms had business with company named in Panama Papers, UK probe finds

SFIO said in its report that an overseas subsidiary of United Breweries based in the British Virgin Islands, bought 1.67 crore shares of Kingfisher Airlines, nine days before it got merged with Deccan Aviation for Rs 50.02 crore.

Oct 16, 2017

M-Aadhaar app gets OTP-based verification for easier transactions

The m-Aadhaar app will have a time-based OTP (TOTP) that will always be available on the app for 30 seconds before being refreshed to a new number.

Oct 16, 2017

Tata Steel to tap women power; aims to achieve 20% women in its workforce by 2020

The firm's diversity targets have been taken for the overall organisation and it is open in employing women across all roles and levels.

Oct 15, 2017

Digital deals increasing significantly in size, says TCS chief Rajesh Gopinathan

Revenue from digital engagements contributed 19.7 percent of TCS' total revenue of Rs 30,541 crore in July-September 2017 quarter.

Oct 15, 2017

IndusInd Bank to take over microfinance player Bharat Financial

The Board of Directors of the two companies approved the scheme at their respective meetings.

Oct 14, 2017

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Infosys executives Abdul Razack and Pervinder Johar quit in fresh blow to IT giant

While this could be a part of new chairman Nandan Nilekani's restructuring plan, Abdul Razack and Pervinder Johar's resignations have raised quite some eyebrows.

Oct 14, 2017