Business news

ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra

Demonetisation: Advance salary, prepaid cards by employers to beat cash crunch blues

Digital and advance payments of salary are the major ways in which employers are making payouts to employees.

Nov 30, 2016

Sensex jumps over 100 points ahead of GDP data; ICICI Bank, Maruti stocks spurt

The rallying is said to be due to domestic institutional investors amid expectations of positive GDP data to be released later in the day.

Nov 30, 2016

Marico retail shops retail stores retail showroom FMCG

GST rollout to be another disruptor after demonetisation: Marico

The chairman of the domestic FMCG firm said the government is trying to do many things within a short period of time.

Nov 30, 2016

Fiat Chrysler heir fakes kidnapping with transgender escort for drug money

He had a "two-day drugs and alcohol bender with an escort" and when he needed cash to buy drugs he decided to fake his own kidnapping.

Nov 30, 2016

Oil prices edge up in nervous trading ahead of OPEC meeting

Iran and Iraq are resisting pressure from Saudi Arabia to curtail production, making it hard for the group to reach a deal.

Nov 30, 2016

Morgan Stanley cuts Flipkart's valuation for the fourth time in 9 months

Morgan Stanley's mutual fund marked down the valuation of Flipkart by 32.8 percent at $5.54 billion.

Nov 30, 2016

Play

Apple Campus 2: Drone video of spectacular Spaceship HQ

A new drone video has been released showing that Apples new headquarters, Campus 2, is nearing completion. The drone video from David Sexton shows the huge size of the spaceship building in Cupertino, California, where 12,000 employees will work once they move in early 2017.

Nov 29, 2016

Vegans angry as Bank of England confirms animal fat in £5 note; could it hurt religious sentiments too?

The new £5 note was released in September this year and has received a generally positive response because of its features.

Nov 29, 2016

Samsung signs MoU with GoK to distribute tablets to underprivileged girl students

The MoU signed between Samsung India and the Department of IT & BT, Government of Karnataka will see Samsung donate 400 tablets in the current financial year.

Nov 29, 2016