Business news

paytm, freecharge, paytm to acquire freecharge, snapdeal acquires freecharge, indian fintech companies, digital payments, digital wallet

Alibaba-backed Paytm close to buying rival FreeCharge from Snapdeal: Report

While Paytm is in the race to buy FreeCharge from Snapdeal, the e-commerce company (Snapdeal) is reportedly up for sale to bigger rival Flipkart.

May 11, 2017

personal finance, mf investments, mutual funds, reliance growth fund, returns on reliance growth fund, reliance mf, mf schemes, indian mutual funds

Close to 100 stocks trading nearing lifetime high on BSE

With benchmark indices Sensex and Nifty hitting new levels, many stocks such as Ceat, ICICI Prudential, Titan, GAIL, Voltas, HDFC and HUL are nearing their lifetime highs.

May 11, 2017

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IT layoffs: After Cognizant and Infosys, Tech Mahindra likely to sack over 1,500 employees

Tech Mahindra may hand out pink slips to over 1,500 employees for poor performance but it is yet to be revealed whether the decision will affect workers across the board or only at certain levels.

May 11, 2017

Apple tops $800 billion market cap for first time

Apple Inc became the first US company to top the $800 billion mark in market capitalisation, and the iPhone maker's shares have gained 33 percent this year and almost 50 percent since the US election.

May 11, 2017

Snapdeal, Ola drill $1.4 billion hole in SoftBank's pocket

In a statement, Japanese conglomerate SoftBank said it has recognized Japanese yen 160,419 million (~$1.4 billion) as loss on accounts of its investments in Snapdeal and Ola.

May 10, 2017

softbank, snapdeal, softbank snapdeal row, softbank pulls out of snapdeal, snapdeal investors, snapdeal founders

SoftBank logs second-best annual profit, keen to talk about a deal for Sprint

Japan's SoftBank Group Corp reported 13 percent rise in full-year operating profit, gaining from cost cuts and a rise in subscribers at its US wireless unit Sprint Corp..

May 10, 2017

Reliance Growth Fund says Rs 1 lakh grows to Rs 1 crore in 22 years

In a comparison to drive home its success, Reliance Growth Fund says Rs 1 lakh invested in the scheme in 1995 is worth Rs 1 crore now.

May 10, 2017

nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

NSE Nifty crosses 9,400 for first time; Sensex hits new lifetime high on upbeat monsoon rainfall prediction by IMD

Just before closing hours, NSE Nifty crossed the 9,400 mark while the Sensex hits historic high of 30,271; HUL shares gain sharply.

May 10, 2017

rbi rule deposit of rs 5000 more than demonetisation modi govt currency ban

RBI initiates 'prompt corrective action' against IDBI Bank

The development follows April 13, 2017 revision of the prompt corrective action (PCA) guidelines by RBI.

May 10, 2017

car loan, how to close car loan, car loan closure, car loan interest

Closing your car loan? Don't make these mistakes

It's not just payment of the last EMI, make sure you complete the formalities to bring a closure to your car loan.

May 10, 2017

South Korea's President Moon Jae-in, asian stocks rally on south korea presidential elections, indian stock markets, top developments on indian stock markets, asian equities rally

Quick updates on Indian markets: HUDCO IPO, mid-cap shares, buzzing stocks, Sensex reclaims 30,000 mark, Hero Motocorp Q4 results

Tracking Asian stock markets, BSE Sensex gains 240 points to cross the 30,000 again, benchmark indices rally led by select stocks like HUL, Mahindra, Airtel.

May 10, 2017

layoffs, layoffs at it companies, it hiring, it recruitment, layoffs at wipro, layoffs at infosys, layoffs at capgemini, layoffs at cognizant, it stocks, tcs share price, h-1 b visa controversy

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Business news

Alibaba-backed Paytm close to buying rival FreeCharge from Snapdeal: Report

Close to 100 stocks trading nearing lifetime high on BSE

IT layoffs: After Cognizant and Infosys, Tech Mahindra likely to sack over 1,500 employees

Apple tops $800 billion market cap for first time

Snapdeal, Ola drill $1.4 billion hole in SoftBank's pocket

SoftBank logs second-best annual profit, keen to talk about a deal for Sprint

Reliance Growth Fund says Rs 1 lakh grows to Rs 1 crore in 22 years

NSE Nifty crosses 9,400 for first time; Sensex hits new lifetime high on upbeat monsoon rainfall prediction by IMD

RBI initiates 'prompt corrective action' against IDBI Bank

Closing your car loan? Don't make these mistakes

Quick updates on Indian markets: HUDCO IPO, mid-cap shares, buzzing stocks, Sensex reclaims 30,000 mark, Hero Motocorp Q4 results

Wipro, Infosys react to reports of layoffs; Capgemini responds to rumours about laying off 9,000 employees

Interglobe Aviation Q4 net profit falls 25%; IndiGo parent to buy 50 ATR aircraft

Godrej Consumer Products declares 1:1 bonus, Rs 12 as fourth interim dividend; Q4 net profit surges

Nisaba Godrej succeeds father Adi Godrej as head of Godrej Consumer Products