Business news

New twists: Nepal recalls Ramdev's Patanjali products after microbial test 'fail'

Haridwar-headquartered company instructed to start recall of products from the Nepalese market.

Jun 22, 2017

Uber CEO Travis Kalanick resigns

CEO and co-founder of Uber Travis Kalanick has resigned from his post amid a number of scandals within the company and growing consumer and investor backlash.

Jun 22, 2017

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Sensex, Nifty give up gains, end on a flat note

Select stocks such as GMR Infra, HDFC Bank, Interglobe, SpiceJet hit new highs even as Sensex crossed 31,500.

Jun 22, 2017

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Ad hawk's wings clipped: Realty firms must clear projects with RERA before promoting them

The move is set to hit the advertising budgets of an already subdued real estate market in a big way.

Jun 22, 2017

Clooney's tequila lapped up by Diageo for $1 billion

Clooney created Casamigos in 2013 with developer Mike Meldman and entrepreneur Rande Gerber. The tequila is made in Mexico by an undisclosed partner.

Jun 22, 2017

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Infosys sued in US: Will it hit firm's plans to hire 10,000 employees in America?

Former head of immigration Erin Green has filed a lawsuit against Infosys, accusing the IT giant of discrimination against non-Asian employees and retaliation by the senior management.

Jun 22, 2017

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CDSL IPO oversubscribed 169 times, poised for spectacular listing

Central Depository Services (India) Limited, or CSDL, whose IPO closed on Wednesday, was oversubscribed heavily; the shares are likely to list at a premium.

Jun 21, 2017

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Air India may be sold to Tata Group, Singapore Airlines: Report

Amid reports of the Modi government keen to privatise national carrier Air India, there is a buzz that it could be bought by Tata Group and Singapore Airlines.

Jun 21, 2017

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SpiceJet, Tata Steel, Interglobe Aviation, BEML, GMR Infra hit fresh 52-week highs; CDSL IPO gets good response

On a lacklustre trading day, select stocks such as SpiceJet, Tata Steel, BEML, GMR Infra, Indigo-owner Interglobe Aviation hit 52-week highs; CDSL IPO oversubscribed on Day 1.

Jun 20, 2017

Start loving GST from July 1, no excuses: Arun Jaitley

Rules out further delays in timeline for GST launch. Nobody has any business not to be ready, Finance Minister says.

Jun 20, 2017

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With more currency and no digital shift, demonetisation is a failure

Demonetisation via strategic devaluation of selected currency denominations rolled out last November has not resulted in a quantum shift to digital mode.

Jun 20, 2017

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Barclays charged with conspiracy to commit fraud over 2008 financial crisis fundraising

The lender and four former executives have all been charged with conspiracy to commit fraud, after a five year investigation into fundraising during the 2008 financial crisis. The charges centre around payments to Qatari investors, during Barclays £11.8bn ($14.9bn) fundraising to avoid being bailed out in 2008.

Jun 20, 2017

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Business news

New twists: Nepal recalls Ramdev's Patanjali products after microbial test 'fail'

Uber CEO Travis Kalanick resigns

Sensex, Nifty give up gains, end on a flat note

Ad hawk's wings clipped: Realty firms must clear projects with RERA before promoting them

Clooney's tequila lapped up by Diageo for $1 billion

Infosys sued in US: Will it hit firm's plans to hire 10,000 employees in America?

CDSL IPO oversubscribed 169 times, poised for spectacular listing

Air India may be sold to Tata Group, Singapore Airlines: Report

SpiceJet, Tata Steel, Interglobe Aviation, BEML, GMR Infra hit fresh 52-week highs; CDSL IPO gets good response

Start loving GST from July 1, no excuses: Arun Jaitley

With more currency and no digital shift, demonetisation is a failure

Barclays charged with conspiracy to commit fraud over 2008 financial crisis fundraising

Barclays charged with conspiracy to commit fraud over 2008 financial crisis fundraising

Tata Motors subsidiary Jaguar Land Rover to hire 5,000 staff in Britain

SBI tops debit card transactions in April