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US federal reserve

Will US Fed take Digital India's help on Google cue and replicate UPI system?

Google has cited Google Pay experience with India's flagship mobile real-time payments system UPI launched in 2016; the system topped 120 crore transactions in November valued at Rs 1.89 lakh crores. Dec 15, 2019
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

Market outlook: Inflation data, stagflation concerns to steer equity indices

Concerns on stagflation and anxiety over the upcoming WPI Inflation level for November will keep investors on their toes. Dec 15, 2019
Infosys

Infosys row: Company says not aware of any fresh lawsuit

Infosys allegedly made false and misleading statements to the market and used improper recognition of revenue to boost short-term profits. Dec 14, 2019
Car factory

Maruti U-turn may put India's plan to ease out diesel vehicles on reverse gear

Country's largest carmaker Maruti Suzuki may not want to miss out on the diesel vehicle market share as rivals remain silent on exiting the segment. Dec 13, 2019
One97 communications, paytm, paytm to invest rs 12,000 crore, Softbank to invest in paytm, paytm digial wallet company, fintech companies in india, paytm investors

SoftBank-backed Paytm raises $660 million from Alibaba arm Alipay, others

This is SoftBank-backed Paytm's second fundraise after the Japanese tech investment giant and other backers such as Ant Financial and T Rowe Price Associates pumped in $1 billion last month Dec 13, 2019
Aircraft safety breach fines to go up

Will tenfold hike in aircraft safety breach fines curb rising aviation failures?

Rising incidents of technical snags forced the government to amend rules to raise the  fines ; the maximum fine may go up to Rs 1 crore from Rs 10 lakh. Dec 13, 2019
yes bank

Why is Yes Bank board wary of tycoon who wouldn't invest if it was 'No Bank'?

The past of the Canadian who made the $1.2-billion bid for Yes Bank controlling stake is so mysterious with vastly contrasting narratives that Netflix wants to tell his story. Dec 11, 2019
State Bank of Indi

SBI under-reported bad loans by Rs 12,000 crore in FY 19, reveals RBI report

The gross non-performing assets (NPAs) reported by the bank stood at Rs 1.73 lakh crore as on March 31, 2019. However, gross NPAs as detected by RBI was at Rs 1.85 lakh crore for the period. Dec 10, 2019
Airport

Will UP Cabinet nod for Zurich deter GMR from pushing for Jewar airport stake?

Zurich International Airport bagged the bid by quoting the highest per-passenger return to the government from the green-field project that will be India's largest with six runways. Dec 9, 2019
Airtel

Flaw in Airtel's mobile app exposed data of 32 cr subscribers

According to reports, Airtel confirmed the breach saying that it has fixed the security flaw associated with its application. Dec 8, 2019
Raghuram Rajan

Ticking time bomb? Rajan warns of crisis in realty, infrastructure segments

The former RBI governor said real estate, construction and infrastructure sectors are in deep trouble amid the growth recession of low economic expansion and growing unemployment. Dec 8, 2019
Nirmala Sitharaman

Big boost to middle-income segment on the cards as income tax rates may be cut

Finance Minister Nirmala Sitharaman hinted at the possibility of the government revising personal income tax rates and raising the taxable income floor. Dec 8, 2019
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

Market outlook: Macro-data, growth pangs to drive equity indices' trajectory

The rupee's movement against the American dollar and the progress of the US-China trade deal, as well as crude oil price fluctuations, will impact investors' risk-taking appetite. Dec 8, 2019
Ericsson

Ericsson to pay over $1 billion to resolve US corruption probes

The bribery took place over many years in countries including China, Vietnam and Djibouti, the department said. Dec 7, 2019
Kenichiro Yoshida, President and CEO, Sony Corporation (left), and Satya Nadella, CEO, Microsoft

Who will blink first? India-US in staring match over taxing Internet downloads

India may ignore US warnings of trade sanctions and impose import duties on 'electronic transmissions' like software, movie and music downloads and streaming before the year-end; New Delhi and Pretoria threaten to end 20 years of WTO ban on taxing international downloads Dec 7, 2019
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