Business news

VG Siddhartha's Cafe Coffee Day valued at Rs 18,000 crore, profitable for last 3 years

A letter written by the coffee tycoon before committing suicide mentioned that he was facing persistent pressure from one of the private equity partners to buy back the shares.

Jul 31, 2019

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Indian Railways planning big lay off? Orders performance review

The Ministry of Railways has asked zonal managers to identify employees above the age of 55 years and those who have completed 30 years in service in the first quarter of 2020.

Jul 31, 2019

India to focus on buildings of the future: Building Innovation Guide

India is poised to become the world's fifth-largest economy, with the buildings sector representing over 30 percent of the nation's energy consumption.

Jul 30, 2019

Hyundai Venue gets 50,000 bookings in 60 days

The newly launched Hyundai Venue – India's First Fully Connected SUV – has been designed to exceed the rising aspirations of today's iGen and millennial customers.

Jul 30, 2019

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CCD shares nosedive 20% after VG Siddhartha goes missing

The share touched a 52-week low of Rs 154.05, down by 19.99% from the previous close.

Jul 30, 2019

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Illicit funds directed to Vijay Mallya, ED questions close aide

The ED also found that Mallya's dummy companies - Gold Reef Investments Ltd and McDowell Holdings Ltd - support 20 to 25 employees of UB Group.

Jul 30, 2019

Byju Raveendran: Key facts about India's newest billionaire and Byju's founder

Edtech startup founder Byju Raveendran, who has now joined the likes of Sachin Bansal, Binny Bansal,Vijay Shekar Sharma and Nitin Kamath, is a former classroom teacher.

Jul 30, 2019

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SBI tightens lending terms for auto dealerships

The shadow banking crisis that began to unfold in India during mid-2018 has deepened this year.

Jul 30, 2019

Government intervenes to save IndiGo from Jet Airways-like crash landing

All you wanted to know about the trouble in India's biggest airline IndiGo

As largest shareholder Rahul Bhatia is consolidating his hold over the country's largest airline IndiGo, here are the details of his tiff with the second largest shareholder Rakesh Gangwal

Jul 29, 2019

Account Aggregator to make funding seamless in India

The account aggregator will obtain data from multiple service providers and deliver it via consent-based channels to financial information users.

Jul 29, 2019

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Amazon plans to buy Uber Eats India business as food delivery action hots up

Amazon also aims to attract more users for the prime membership through the acquisition.

Jul 29, 2019

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JLL India sees 17% revenue growth, plans to hire 2,000 more this year

JLL has annual revenue of about $16.3 billion from over 80 countries and has a workforce of about 91,000 employees.

Jul 29, 2019

Bengaluru-based Visionet Systems to hire 800 employees in 6 months

Alok Bansal, the Managing Director, said they are seeing positive growth in India and trying to increase its employee headcount to 2,500 to increase work efficiency.

Jul 28, 2019

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Apple puts user privacy first through new ad campaign in India

The campaign scheduled to start in India on July 28 will point out Apple's longstanding focus on the privacy of its consumer data and iPhones.

Jul 28, 2019

GST Council slashes tax rates on electric vehicles, chargers

GST Council has slashed rate for electric vehicle chargers from 18 per cent to 5 per cent to a bid to make the environment-friendly vehicle affordable for the buyers.

Jul 27, 2019

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