Business news

Housing lender DHFL warns it may not survive

DHFL's results are the latest sign of growing stress in India's finance sectors as state-owned banks grapple with bad debts and a recent liquidity crunch in the shadow banking industry.

Jul 15, 2019

India's 1st ethanol-powered bike: Here's all you need to know about TVS Apache RTR 200

The Modi government's mandate to electrify all three-wheelers and two-wheelers below 150cc by 2025 has pushed the giants to try different alternatives to reduce pollution.

Jul 14, 2019

IndiGo promoters' differences threaten services

More turbulence ahead for IndiGo as spat between the co-founders worsens

Rahul Bhatia replies to Rakesh Gangwal's allegations claiming related party transactions done by the airline company with his group of companies were in order.

Jul 13, 2019

Infosys net up 5.1% yearly, down 6.8% quarterly

Addition of 70 new clients during the quarter has taken their total number to 1,336, against 1,279 a quarter ago and 1,214 a year ago.

Jul 13, 2019

Will Anil Ambani's asset sales spree help lift crushing debt burden?

Younger Ambani sibling hopes to raise Rs 21,700 crore to win 'war on debt' after liabilities almost landed him in jail, forcing elder brother Mukesh's intervention

Jul 13, 2019

Court bars Snapdeal from selling Casio products

As part of its anti-counterfeiting strategy and an endeavor to ensure that its customers are not cheated, Casio has been fighting unscrupulous traders in local markets in India.

Jul 12, 2019

Will government's proposed guidelines protect homebuyers against realty frauds?

The government told the Supreme Court bench hearing the Jaypee Infratech case that it is working on the "uniform proposal" to cover all contingencies.

Jul 12, 2019

SoftBank, Tencent lead race to buy 21% stake in PolicyBazaar - Report

SoftBank has plans to increase its stake to about 20 percent in the company.

Jul 12, 2019

Adani mulls building Rs 700 bln data park to serve the likes of Google and Amazon

A new law proposed by the Indian government requires giant tech companies to store data locally.

Jul 12, 2019

Samsung to invest in 100 start-ups in big India push

The Samsung Venture Investment Corporation (SVIC) has already invested about $8.5 million in the four companies.

Jul 12, 2019

digital payments, online shopping, digital india, payu india, lazypay

More trouble for PayU as India MD & Co-founder Shailaz Nag quits

Shailaz Nag is quitting PayU to look for more opportunities in the payments space.

Jul 12, 2019

India's e-commerce rules regressive: Walmart to US government

Walmart had invested $16 billion in Indian e-commerce giant Flipkart, its biggest ever acquisition globally.

Jul 12, 2019

Hyundai Kona: Everything to know about all new electric SUV

Kona delivers 136 PS of power and torque of 395 Nm. The battery allows the vehicle to roll for about 452 km with a single charging.

Jul 11, 2019

Who are Rahul Bhatia and Rakesh Gangwal? Here's all about the IndiGo promoters

Rakesh Gangwal has accused Rahul Bhatia of using unusual controlling rights in the company.

Jul 11, 2019

Byju's raises $150 mn from investors led by Qatar wealth fund; education startup now valued at $5.5 bn

Venture capital fund Owl Ventures also participated in the funding round and the proceeds will be used for international expansion.

Jul 11, 2019

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