Business news

Cochin Shipyard may buy controlling stake in debt-laden ABG Shipyard

Shapoorji Pallonji and Co. Ltd., which was also in the race to buy a stake in ABG Shipyard, has apparently backed out of the discussions.

Feb 6, 2017

SC orders Central government to frame rules to stop SIM card misuse

The Centre has told the apex court it will link all SIM cards to Aadhaar cards within a year.

Feb 6, 2017

Toyota may seek Suzuki's help in cracking Indian car market

Toyota will offer R&D expertise to Suzuki, while the world's largest carmaker will seek Suzuki's help in cracking the tough India car market.

Feb 6, 2017

Bureau of Civil Aviation Security suspends IndiGo's security training licence

The licence suspension would result in additional cost for the carrier as it would have to outsource its training programme now.

Feb 5, 2017

Govt walks the talk: Imposes 100% penalty for accepting cash above Rs 3 lakh

Finance Minister Arun Jaitley had proposed in the Budget to levy penalty on a person who receives Rs 3 lakh and above.

Feb 5, 2017

RBI to soon issue new Rs 100 notes, so what happens to the old notes?

In the wake of demonetisation, short-supply of Rs 100 notes and near absence of new Rs 500 notes in the market resulted in the general public reluctantly accepting Rs 2,000 note.

Feb 5, 2017

Warburg Pincus acquires airline services group Accelya; Dubai-based Mercator and Accelya to merge

The combined entity of Accelya and Mercator will have annual revenues of $200 million with more than 400 clients worldwide, including 250 airlines.

Feb 5, 2017

Nasscom demands 50-75 bps rate cut from RBI-MPC to boost credit growth

Industry experts are expecting at least 25 bps rate cut after Arun Jaitley reaffirmed the government's commitment towards fiscal consolidation.

Feb 5, 2017

Here's a list of torrent sites that still work.

Will famous KickassTorrents ever come back? The Pirate Bay, ExtraTorrent, RARBG are most popular today

Torrent sites like ExtraTorrent, RARBG, YTS.a and Torrentz2 grew fast after the shutdown of KickassTorrents last year.

Feb 5, 2017

This is what Reliance Jio free 4G data has done to BSNL, Vodafone; data tariff slashed again

BSNL appears to have taken internet tariff war seriously, cutting price of data plan to counter Reliance Jio free 4G offer.

Feb 4, 2017

wgc gold demand report 2016, india gold demand, world gold demand trends, india gold jewellery, india gold prices, gold prices in india, gold prices in china, gold ETFs, gold demand in china

Indian gold jewellery demand fell to 7-year low in 2016: WGC

Indian gold jewellery demand in 2016 was 148.3 tonnes lower than 2015 due to multiple factors and marked the biggest yearly decline, says WGC.

Feb 4, 2017

NSE national stock exchange ipo listing limit foreign investor investment public issue stocks shares rbl bank ipo

Vikram Limaye will be new MD & CEO of National Stock Exchange

A CA by profession, Vikram Limaye is currently MD & CEO of IDFC; his appointment at NSE will need clearance from Sebi.

Feb 4, 2017

Uber, Ola refuse to withdraw ride-sharing services in Bengaluru

Both Uber and Ola had a meeting with state authorities on Tuesday following which they were given time till Friday to stop their services.

Feb 3, 2017

This is how Reliance Jio helped Facebook achieve record quarterly revenue

Facebook CFO David Wehner said the company's growth in Asia was boosted by the free data offering in India.

Feb 3, 2017

Taxmen to now open up to 10-year-old return files to unearth undisclosed deposits or property

The revenue department has also proposed to make it mandatory for taxpayers to file I-T returns by March end of the assessment year.

Feb 3, 2017

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