Business news

West Bengal offers new loan scheme: Borrow Rs 1 lakh, but return only Rs 70,000!

West Bengal Self-Help Group and Self-Employment Minister Sadhan Pande has said that the scheme will be implemented from FY 2017-18.

Feb 22, 2017

Flipkart planning to raise up to $1.5 billion from Google, PayPal, Microsoft, Tencent: Report

Last month, Fidelity had joined Morgan Stanley in marking down its investments in Flikpart by 36 percent, hitting valuation of the Indian online marketplace.

Feb 22, 2017

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Gold prices stable ahead of release of FOMC meeting minutes on interest rate

The US Federal Reserve will be releasing minutes of the January 30-February 1 meeting on Wednesday.

Feb 22, 2017

Is the UK about to extradite Vijay Mallya, Lalit Modi and Tiger Memon to India?

Apart from Vijay Mallya, the UK reportedly also assured action against Lalit Modi -- wanted for financial irregularities in the Indian Premier League -- and 1993 Mumbai blasts accused Tiger Memon.

Feb 21, 2017

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Diageo's rumoured stake hike in United Spirits prompts BSE to seek explanation

Reports that UK liquor brand Diageo could increase its stake in United Spirits Ltd triggered a rally in the share price of USL, prompting the Bombay Stock Exchange (BSE) to seek an explanation

Feb 21, 2017

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Ramco Systems shares gain as Air Evac SMS completes implementing aviation software

Ramco Aviation V5.7 has been deployed across air medical service Air Evac's 135 air bases across US.

Feb 21, 2017

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IPL 2017 auction: All you need to know about the highest bidder

Sanjiv Goenka heads the RP-Sanjiv Goenka Group that has interests in power, retail, IT and owns RPS and ISL football franchise Atlético de Kolkata.

Feb 21, 2017

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BSE shares lose sharply since listing; volumes drop significantly

On Feb 20, BSE shares closed at Rs 973 apiece on the NSE; the stock was listed at a premium and rose to Rs 1,200 on February 3.

Feb 20, 2017

Play

Ricoh Interactive Whiteboards - Collaborate, anywhere at the speed of ideas

Smooth writing, high-resolution display and easy remote image sharing combine in Ricoh’s range of interactive whiteboards which the company claims brings collaboration to meetings and boardrooms. Ideal for developing, recording, and sharing ideas visually across multiple locations, the whiteboards are said to boost productivity and facilitate flexible working.

Feb 20, 2017

#DeleteUber trends on Twitter again after former employee claims sexual harassment, CEO Kalanick orders 'urgent investigation'

#DeleteUber began trending on social media late Sunday after a former Uber engineer claimed of having been harassed sexually in the workplace in her blogpost.

Feb 20, 2017

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TCS approves buyback of shares at Rs 2,850 per share; pressure now on Infosys

At its board meeting, TCS decided to buyback 5.61 crore shares (or about 2.8 percent of its paid up capital) at Rs 2,850 per share.

Feb 20, 2017

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Go the eLoc way, find addresses digitally across the country

eLoc is a six-character code for any address across the country, says MapmyIndia

Feb 20, 2017

Infosys: Sensational board meeting proceedings involving ex-CFO Rajiv Bansal over Panaya acquisition

The acquisition price was far higher than the valuation for Panaya, prompting then CFO Rajiv Bansal to walk out of Infosys board meeting.

Feb 20, 2017

Watch: Microsoft announces strategic partnership with Flipkart; what does this mean for Microsoft Azure cloud platform? [VIDEO]

Microsoft CEO Satya Nadella on Monday announced a strategic partnership with Flipkart, wherein the latter would exclusively use the Microsoft Azure platform.

Feb 20, 2017

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Sony eyes Rs 1,300 crore in advertisement revenues from IPL 2017

The forecast for IPL 2017 ad revenues would mark a 10-12 percent increase for Sony Pictures Networks India (SPNI) over IPL 2016 ad income.

Feb 20, 2017

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