Business news

TCS seeks double-digit growth as key markets face slowdown

TCS, like its peers in the over $150 billion Indian IT services sector, is heavily dependent on clients in North America and Europe.

Jul 10, 2019

CarDekho in aggressive expansion mode; to hire 2,000 people in tech and business verticals

About 30 percent of the new recruits will be for the tech division and 20 percent for the management verticals related to insurance, fintech, retail and digital.

Jul 9, 2019

Deutsche Bank cuts 18,000 jobs in €7.4 billion overhaul

Hundreds of employees from New York, Tokyo and London offices saw that their careers "ended in an envelope, a hug and a cab ride".

Jul 9, 2019

Bombay Stock Exchange building BSE dalal street

Sensex tanks 200 points as bloodbath continues on Dalal Street, Nifty falls below 11,481

Sensex and Nifty fell as the Union Budget 2019 disappointed Dalal Street, which continued to react negatively to the Budget proposal.

Jul 9, 2019

Race for Mindtree top job heats up; L&T vows no interference amid staff worries

Cognizant former executives lead the race for Mindtree top job as company share hits a 52-week low on NSE; second-rung leadership worried about the firm's future.

Jul 9, 2019

Oyo segregating its hotel business to 3 major verticals

The Indian business vertical has been growing after the appointment of Aditya Ghosh, the former Indigo president, as the CEO.

Jul 8, 2019

The Air India plane flying the inaugural trip from Lucknow,

Air India disinvestment: Modi govt expected to set October deadline for strategic sale

The proposed dialogue with potential buyers and the process of issuing bid documents for expression of interest is likely to happen simultaneously later this month.

Jul 8, 2019

Bengaluru to host Uber's biggest hub

The process of leasing has been going on for the last two years and Uber has successfully taken about 3 lakh square feet of land under its lease in Bengaluru's Outer Ring Road.

Jul 8, 2019

Zomato, Pune restaurant fined Rs 55,000 for serving non-veg food to vegetarian

Shanmukh Deshmukh had approached a court after he was served butter chicken on an order of paneer butter masala.

Jul 8, 2019

World's largest solar power plant to be built in Abu Dhabi, start commercial operations in 2022

The successful bidder will hold a 40 per cent stake in the project and the rest will be distributed among the local suppliers and partners.

Jul 7, 2019

Sajjan Jindal-led JSW Energy terminates Rs 6,500 cr deal with JSPL

Jindal Power had submitted the lowest tariff of about Rs 4.41 for the supply of power in its initial years.

Jul 7, 2019

air india, qatar airways, atf prices in india, jet fuel prices in india, indian civil aviation, domestic air traffic

Modi govt looks to sell 100% Air India shares in new sell-off process

Niti Aayog had suggested the option during the first sell-off process but the government had put 75 per cent of the stake on sale.

Jul 7, 2019

ACME Solar terminates deal with NTPC for 600 MW project, wants bank guarantee refund in 3 days

NTPC has decided to reduce the tariff by 31 paise from the allotted tariff of Rs 2.59 per unit if Acme denies the imposition of the safeguard duty.

Jul 7, 2019

Here's how some of the proposals in Budget 2019 might turn against Modi govt

There were some of the proposals and amendments that were made by the finance minister and might turn against the government goodwill.

Jul 5, 2019

Union Budget 2019: Sitharaman increases the financial outlay for defence

Sitharaman's omission of defence allocation in speech surprised many, she being a former defence minister, but the finance minister defended her choice of highlights for the speech at the post-budget press conference

Jul 5, 2019

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Business news

TCS seeks double-digit growth as key markets face slowdown

CarDekho in aggressive expansion mode; to hire 2,000 people in tech and business verticals

Deutsche Bank cuts 18,000 jobs in €7.4 billion overhaul

Sensex tanks 200 points as bloodbath continues on Dalal Street, Nifty falls below 11,481

Race for Mindtree top job heats up; L&T vows no interference amid staff worries

Oyo segregating its hotel business to 3 major verticals

Air India disinvestment: Modi govt expected to set October deadline for strategic sale

Bengaluru to host Uber's biggest hub

Zomato, Pune restaurant fined Rs 55,000 for serving non-veg food to vegetarian

World's largest solar power plant to be built in Abu Dhabi, start commercial operations in 2022

Sajjan Jindal-led JSW Energy terminates Rs 6,500 cr deal with JSPL

Modi govt looks to sell 100% Air India shares in new sell-off process

ACME Solar terminates deal with NTPC for 600 MW project, wants bank guarantee refund in 3 days

Here's how some of the proposals in Budget 2019 might turn against Modi govt

Union Budget 2019: Sitharaman increases the financial outlay for defence

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]