Business news

Zero power cut for all by March 2019; inverter business in India might plunge

A new law will be enacted to impose penalties on power distributors if they failed to provide an uninterrupted power after March 2019.

Dec 28, 2017

New Delhi, IndiaPatients and their attendants wait outside the Out Patient Department (OPD) at a government-run hospital in New Delhi, India, November 22, 2017. Picture taken November 22, 2017. REUTERS/Saumya Khandelwal

Govt hospitals might hire private doctors at higher or equal salaries

Although in times of shortage, some states and even Centre hire doctors on contract basis but most of the private doctors refuse to serve because of lower salaries.

Dec 28, 2017

npa ordinance, more powers to rbi, fm arun jaitley, govt passes ordinance on npas, india's stressed assets

At Rs 9.5 lakh crore, bad loans post India at fifth among nations with high NPA problem

India's non-performing assets (NPAs) are one of the highest in the group of 'high-NPA' nations. Only four European nations have higher stressed assets.

Dec 28, 2017

SEBI says Axis results leaked, orders lender to investigate

The SEBI order comes after Reuters reported last month that Axis Bank was among 12 companies where messages about quarterly results or other key financial details were circulated through WhatsApp.

Dec 28, 2017

Cheque books, IFSC codes of six banks to be invalid after December 31

Users can avail of the new cheque books via the Internet and mobile banking, ATMs or by visiting the home branch,SBI added.

Dec 27, 2017

Top 10 companies Indians preferred to work in 2017

LinkedIn approached a methodology taking into consideration three factors – job applications, engagement and retention.

Dec 27, 2017

Trips to UAE will now cost more as 5% VAT starts from January 1; travel companies likely to minimise cost for Indians

Big travel companies have said they will try to negotiate and minimise the impact of higher cost for the end users.

Dec 27, 2017

Cyrus Mistry gets relief in Rs 500 crore defamation case filed by R Venkataramanan

The judge of a Mumbai sessions court observed that the subordinate court had not followed proper procedure of complaint verification as mandated by law. The judge sent back the case to Mumbai magistrate court for a fresh hearing.

Dec 27, 2017

Amul files case against trademark offices for allowing other brands to use its name

Amul's petition alleges that the trademark offices have continued to allow the registration of name or some mark deceptively similar to the Amul brand name.

Dec 27, 2017

Reliance Jio the highest bidder for RCom assets: Will this reunite Ambani brothers?

"Others did not match the price that Reliance Jio was willing to offer," sources said.

Dec 26, 2017

No further GST rate cuts as revenue concerns grow

According to the target set by the Union government, the Centre and the states combined should collect Rs 91,000 crore every month.

Dec 26, 2017

Bitcoin continues to fall: Should we fear Morgan Stanley's $0 warning, or is this a 'welcome dip'?

If nobody wants to buy bitcoin, the cryptocurrency will soon become worthless, an analyst said.

Dec 26, 2017

Not lovin' it? After Delhi, McDonald's shuts down over 80 outlets in East India; more closures in the North possible

About 84 McDonald's outlets were shut down in East India and several outlets in the North may also face closure due to a supply crunch over issues of non-payment of dues.

Dec 26, 2017

Sensex tops 34,000, Nifty at all time high of 10,500

The rupee opened at 64.03 a dollar and was trading at 64.02 a dollar, up 0.03 percent from its Friday's close of 64.06.

Dec 26, 2017

Jobs related to Bitcoin industry double, IITians seek to work with blockchain technology

Companies related to cryptocurrency business such as Unocoin, Global DCX and Coinsecure all of which are open to hiring hi-tech talents said that they are flooded with responses to job postings.

Dec 23, 2017

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Business news

Zero power cut for all by March 2019; inverter business in India might plunge

Govt hospitals might hire private doctors at higher or equal salaries

At Rs 9.5 lakh crore, bad loans post India at fifth among nations with high NPA problem

SEBI says Axis results leaked, orders lender to investigate

Cheque books, IFSC codes of six banks to be invalid after December 31

Top 10 companies Indians preferred to work in 2017

Trips to UAE will now cost more as 5% VAT starts from January 1; travel companies likely to minimise cost for Indians

Cyrus Mistry gets relief in Rs 500 crore defamation case filed by R Venkataramanan

Amul files case against trademark offices for allowing other brands to use its name

Reliance Jio the highest bidder for RCom assets: Will this reunite Ambani brothers?

No further GST rate cuts as revenue concerns grow

Bitcoin continues to fall: Should we fear Morgan Stanley's $0 warning, or is this a 'welcome dip'?

Not lovin' it? After Delhi, McDonald's shuts down over 80 outlets in East India; more closures in the North possible

Sensex tops 34,000, Nifty at all time high of 10,500

Jobs related to Bitcoin industry double, IITians seek to work with blockchain technology

Security forces review Srinagar's security after Barmulla encounter [details]

KGF 2 continues to make money; Yash to sign his next big film [details inside]

TV artist killed in terrorist attack in Budgam; nephew injured [details]