Business news

e-incentive: Govt thinks over 2 per cent GST relief on digital payments

The IT ministry is leading the government's digital thrust by taking stock of initiatives to further popularise electronic payments.

Aug 28, 2017

Adani to start Carmichael coal project with own funds

Once the coal project completes, Carmichael mine will be one of the biggest mine in the world.

Aug 28, 2017

Glittering futures: World's first diamond trading exchange starts in India

It is expected to start trading in 1 carat/100 cent contracts and will eventually add 50 cent and 30 cent contracts

Aug 28, 2017

Infosys gains Rs 7,000 crore in market cap after Nilekani's return as non-exec chairman

After Vishal Sikka announced his resignation from the position of CEO, shares of Infosys plunged over 10 percent.

Aug 28, 2017

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Oppo and Vivo's Chinese expats in India return home over low sales, surging anti-Beijing sentiments

According to industry executives, the exits were a result of 30 percent year-on-year drop at both Oppo and Vivo.

Aug 28, 2017

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Streaming optimism: Infoscions sweep away boardroom blues in new Facebook video

The Facebook video starts with the caption: "The world is focusing on Infosys, what are you focusing on? We ask the Infoscions."

Aug 27, 2017

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5,954 wilful defaulters face recovery action from PSU banks

Total outstanding loans due to public sector banks by wilful defaulters amounted to Rs 92,376 crore, according to the finance ministry data.

Aug 27, 2017

RIL, BP to use floating system to produce deepest D6 gas find

RIL and BP had in mid-June this year announced investing Rs 40,000 crore in the three sets of finds to reverse the flagging production in KG-D6 block.

Aug 27, 2017

Ampere avatar: Tata Nano may get electric veins in second life

Tata Motors recently tested an electric variant of the Nano and it passed the tests

Aug 27, 2017

6 foods that can last a century

Some foods can last a century. Here are 6 foods that can last forever. If stored properly they will never spoil and will stay as fresh as the day you bought them.

Aug 27, 2017

Ta-Ta Nano? Tata Motors working on alternative plans

Nano's sale has fallen to such extend that making its production is o more a viable proposition

Aug 26, 2017

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DLF sells promoters stake in rental arm to GIC associate for Rs 11,900 crore

The leading developer's audit committee approved 33.34 percent stake sale in DLF Cyber City Developers (DCCDL), which is currently held by promoter K P Singh and family.

Aug 26, 2017

Amazon is changing Whole Foods

Retail giant Amazon recently purchased Whole Foods for more than $13 billion - and its bringing some big changes to the supermarket chain.

Aug 26, 2017

McDonald's to close 169 outlets in India. Not lovin' it! [VIDEO]

The global fast food joint is currently looking for a new partner to continue its business in North and East India. Here's why.

Aug 26, 2017

Nilekani at work: Governance structure and CEO search immediate priorities

His immediate priorities are to help the board to create a long-term governance structure in the company, search and hire a chief executive officer (CEO) and reboot the company's business strategy.

Aug 26, 2017