Business news

Yes Bank shares dip almost 34%; record-low since market debut

At 10:34 am on Friday, the shares were trading at Rs 256.15 at the BSE, almost 19.58 per cent low since the previous close.

3 days ago

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Black Friday that wasn't: Sensex, Nifty crash in jerky trade as NBFCs face rout

The sentiment swing on the market was so wild that the benchmark index lost 800 points within minutes. The 50-share index Nifty also tracked losses, slipping below 11,000-mark.

3 days ago

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Increase in interest rates for small saving schemes; investors breathe a sigh of relief

The small savings schemes include the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), National Savings Certificate (NSC), and post office time deposits.

4 days ago

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Facebook gets sued for hiding job ads from women

The women job seekers accused Facebook of targeting ads for jobs in male-dominated fields to younger male Facebook users only -- excluding all women and non-binary individuals, as well as older male users.

4 days ago

The Advertising Club Bangalore, Big Bang Awards 2018

Big Bang Awards 2018 to be presented next week, gets record entries from across India

The Advertising Club Bangalore will present Big Bang Awards for excellence in Creative & Media on several categories on September 28.

5 days ago

US justice department probes Tesla over CEO Elon Musk's tweets about taking company private

The probe by the Justice Department, which can press criminal charges, comes on top of a civil probe by the Securities and Exchange Commission and shareholder lawsuits.

5 days ago

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Ola raises $50 million from China's communist party-backed investor

The investee companies --Sailing and CEECF -- have paid the amount to hold a combined stake of more than 1 percent in Ola which implies that its valuation has gone up since its previous round of funding.

6 days ago

Infosys to pay ex-CFO Rajiv Bansal Rs 12.2 crore after losing arbitration case

Bansal alleged that Infosys paid him Rs 5.2 crore and withheld the balance stating that he did not meet certain requirements.

6 days ago

Rare earths and trade war: Trump exposes Achilles heel in raging tariff tussle with China

China controls more than 90 percent of the world's rare earth market, making advanced nations heavily dependent on it for the supply of minerals used in high-tech industries and defence systems.

6 days ago

Vijay Mallya extradition case: Detention not required at this stage, said CBI in 2015 look out circular

This was the second LOC. The first LOC was sent out on October 16, 2015, and the CBI had checked the box to "prevent the subject from leaving India". The CBI has now said that this was an error in judgment.

6 days ago

Tata Motors logos are seen at their flagship showroom

Tata Communications and SASTRA launch cyber security lab in Tamil Nadu

The cybersecurity lab was inaugurated at the Shanmugha Arts, Science, Technology and Research Academy (SASTRA) on September 15.

7 days ago

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India's market boom is coming to an end, Goldman Sachs warns

Sensex and Nifty tumbled in morning trade on Monday, ending two sessions of strong rally. While Sensex plunged more than 400 points to dive below 38,000 levels, Nifty breached the 11400 levels.

7 days ago

Salesforce chief Marc Benioff buys iconic Time magazine for $190 million in cash

Founded in 1923 by Henry Luce and Briton Hadden, Time was the first weekly news magazine in the United States.

7 days ago

Amazon almost done investing its proposed $5 billion to expand business in India

Amazon is spending its most part of the investment on building infrastructure for the future and it is further expected that Amazon is going to invest aggressively in the ever-growing market.

8 days ago

CBI chargesheet against Mallya likely in a month; bank officials may be named accused

This would be first chargesheet in the case pertaining to loans of over Rs 6,000 crore given to Kingfisher by a consortium of 17 banks led by State Bank of India which alone had an exposure of Rs 1600 crore.

8 days ago

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Tamil Nadu: DMK to stage state-wide protest against AIADMK on Oct 3 and 4

14 hours ago