Business news

ndtv, prannoy roy, cbi raids on ndtv, icici bank ndtv case, money laundering, media vendetta, modi govt, bjp and ndtv

Infosys, TCS, Wipro, HCL Technologies gain sharply; more about CBI raids on NDTV case first exposed in December 2010

TCS, Infosys, HCL Technologies, Tech Mahindra and Wipro rally; fresh revelation in NDTV ICICI Bank case first exposed by Modi minister M J Akbar.

Jun 6, 2017

saudi arabia, budget 2017, opec, oil prices, india, indian expats in saudi arabia, gcc

FACTBOX: Business impact of Qatar-Gulf rift

Here are some business deals that have either been affected by the rift or could be affected.

Jun 5, 2017

strike, truckers strike, trucks, truck drivers, third party insurance, old vehicles, scrap old vehicles, inflation

GST: Smokescreen with a lot of fire?

The additional cost of GST could negatively impact consumer price inflation and the ability of companies to pass on tax benefits to their consumers.

Jun 5, 2017

saudi aramco, aramco ipo, aramco public issue

Crude oil prices rise marginally after Gulf countries snap ties with Qatar

Saudi Arabia, Bahrain, Egypt and UAE severed diplomatic ties with Qatar on Monday for its alleged links with Al-Qaeda and ISIS, impacting crude oil prices.

Jun 5, 2017

Wipro offshore employees get 5% salary hike; company denies stake sale rumours

The salary hike for offshore Wipro employees was 9.5 percent last year as against 5 percent this year effective from June 1.

Jun 5, 2017

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

Wipro chairman Azim Premji's took home Rs 79 lakh in FY17 as compared to Rs 2.17 crore in FY16, and this time the drop could be due to the chairman not being paid commission.

Jun 5, 2017

wgc q1 2017 report, wgc gold demand, india gold demand, us gold demand, gold jewellery demand, gold prices in india, modi govt

Titan, PC Jeweller, Gitanjali, TBZ glitter on BSE over 3% GST rate

Shares of jewellery companies Titan, PC Jeweller, TBZ and Gitanjali Gems were trading with huge gains after GST Council fixed 3 percent tax rate.

Jun 5, 2017

Play

UK election: How did we get here?

The second general election in two years, the fourth major vote in three years but how did it all start?

Jun 5, 2017

akshaya tritiya, akshaya tritiya 2017, gold buying, sovereign gold bonds, sgb, gold bond scheme, gold prices in india, titan share price

GST rates on gold, footwear evoke sharp, funny responses on Twitter

The 15th Goods and Services (GST) Council meeting on Saturday finalised tax rates on gold, biscuits, diamond, footwear and garments.

Jun 3, 2017

spicejet q3 results, spicejet q3 earnings, spicejet share price, spicejet boeing deal, jet airways, domestic air traffic, indigo, indian civil aviation

SpiceJet Q4 net profit falls 43% due to higher fuel costs, demonetisation

For the March 2017 quarter (Q4), low-cost carrier SpiceJet's net profit dropped to Rs 42 crore, YoY while revenues rose 10 percent.

Jun 3, 2017

infosys q3 fy2017 results vishal sikka share price

Infosys, TCS to hire 40,000 employees; Infy COO Pravin Rao says job losses 'overstated'

Infosys COO Pravin Rao says his company would hire 20,000 people while TCS has "already made" 20,693 job offers for 2017-18, amid talks of layoffs.

Jun 3, 2017

Fiat Chrysler to hire 1500 more employees in India by 2017-end

The 1500 employees will be hired at Fiat Chrysler's plant in Ranjangaon, Pune, where the company is manufacturing the Jeep SUV – the Compass -- for India as well as the international market.

Jun 3, 2017