Business news

What is RCEP? Will it be bad for economy like demonetisation, GST as some think?

China-led, 16-member RCEP is an expansion of the 10-member Asean by taking in the Asian bloc's free trade partners; the RECP is expected to cover about 3.4 bn population and $49.5 trn GDP (PPP) marking 39.5% of the global economy.

Oct 26, 2019

Backlash over Reliance Jio's decision to charge voice calls

Will SC order on gross revenue unduly benefit Mukesh Ambani's Reliance Jio?

The SC order upholding govt's calculation of the adjusted gross revenue will mostly affect top telco Vodafone Idea and third-placed Bharti Airtel; Reliance Jio being a relatively new firm owes minuscule part of the total dues of Rs 93,000 crore.

Oct 26, 2019

India rises up 14 ranks to 63rd place in World Bank 'Doing Business' list

The report stated that starting a business in India has been made easier by abolishing filing fees for the Simplified Proforma for Incorporating a Company Electronically (SPICE), electronic memorandum of association, and articles of association.

Oct 24, 2019

Will US regulator probe Infosys as Sebi looks into whistleblower charges?

Infosys whistleblower group has sent allegations about unethical audit practices of Infosys CEO Salil Parekh and chief financial officer Nilanjan Roy to US Securities and Exchange Commission; Sebi probe will weaken Infosys shares further in Indian stock markets and New York's Nasdaq.

Oct 24, 2019

Auto slowdown: Is Uber boss taunting Sitharaman with advice to millennials?

Uber CEO Khosrowshahi urges Indians to shun car ownership 'trap' unlike in the developed world and support innovation and new technologies; Sitharaman had suggested auto sector slowdown in part is because of ride-hailing apps like Uber and Ola.

Oct 23, 2019

Govt plans to merge loss-making state telecoms firms BSNL and MTNL; here's why

The two carriers have struggled to win customers at a time Reliance Industries' telecoms' upstart Jio and rival Bharti Airtel and Vodafone Idea have rolled out 4G services and cut prices on voice and data.

Oct 23, 2019

Uber to focus on India, Middle East and Africa for growth amid mounting losses

Uber, which recently exited China and Southeast Asia, said although the company faces fierce competition in India, its profitability characteristics are improving in the country.

Oct 23, 2019

Investors lose Rs 53,000 crore as Infosys shares suffer worst fall in 6 years, ends 17% lower

Some anonymous Infosys employees have written to the company board accusing its CEO Salil Parekh and CFO Nilanjan Roy of being involved in unethical practices for several quarters.

Oct 22, 2019

Why is the world watching for Prime Minister Modi's response to Walmart letter?

Walmart boss Dough McMillon writes to Prime Minister Narendra Modi seeking more clarity for India's business regulations.

Oct 22, 2019

Modi meets US india strategic partnership forum members

FTA with the US? How close is India to clinching the all-important trade deal?

Commerce Minister Piyush Goyal said US trade ambassador Lighthizer concurs with him on the potential of a free trade agreement (FTA) between the two countries.

Oct 22, 2019

Infosys starts probe into alleged 'unethical practices' by CEO; shares tank

Infosys shares plunged 16 percent on Tuesday, marking their worst intraday drop in over six years.

Oct 22, 2019

Urban Ladder co-founder Rajiv Srivatsa steps down

Founded in 2012, Urban Ladder is present in more than 90 cities, with five offline stores in Bengaluru and Delhi-NCR.

Oct 22, 2019

Interview with President & CEO of IMA, Jeffrey Thomson

IBTimes Exclusive: CEO of 100-year-old accounting institute shares golden tips for finance professionals

Here's our exclusive interaction with President & CEO of IMA (Institute of Management Accountants), Jeffrey Thomson, discussing the scope of finance professionals in India.

Oct 21, 2019

Infosys techies accuse CEO, CFO of unethical practices

A few anonymous employees of global software vendor Infosys have accused its Chief Executive Officer (CEO) Salil Parekh and Chief Financial Officer (CFO) Nilanjan Roy of unethical practices for many quarters.

Oct 21, 2019

Amazon, Flipkart record festival sales euphoria may wither under regulatory fire

DPIIT asks e-commerce giants Amazon and Flipkart to reveal top-five sellers and capital structure following trade body's complaints about foreign direct investment norms violation and deep-discounting worries.

Oct 21, 2019

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Business news

What is RCEP? Will it be bad for economy like demonetisation, GST as some think?

Will SC order on gross revenue unduly benefit Mukesh Ambani's Reliance Jio?

India rises up 14 ranks to 63rd place in World Bank 'Doing Business' list

Will US regulator probe Infosys as Sebi looks into whistleblower charges?

Auto slowdown: Is Uber boss taunting Sitharaman with advice to millennials?

Govt plans to merge loss-making state telecoms firms BSNL and MTNL; here's why

Uber to focus on India, Middle East and Africa for growth amid mounting losses

Investors lose Rs 53,000 crore as Infosys shares suffer worst fall in 6 years, ends 17% lower

Why is the world watching for Prime Minister Modi's response to Walmart letter?

FTA with the US? How close is India to clinching the all-important trade deal?

Infosys starts probe into alleged 'unethical practices' by CEO; shares tank

Urban Ladder co-founder Rajiv Srivatsa steps down

IBTimes Exclusive: CEO of 100-year-old accounting institute shares golden tips for finance professionals

Infosys techies accuse CEO, CFO of unethical practices

Amazon, Flipkart record festival sales euphoria may wither under regulatory fire

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]