Business news

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ICICI Group launches 100 'ICICI Digital Villages'

The 100 villages that have been transformed into 'ICICI Digital Villages' are located across 17 states in India.

May 2, 2017

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'Bikini airline' VietJet plans to grab 50% market share, raises cap on foreign ownership

VietJet, Vietnam's only private airline, which went public this February, shot into fame first in 2012 for hiring bikini-clad women to walk the aisle.

May 2, 2017

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Salaries of MF executives rise modestly for FY2017

Except for Reliance MF CEO Sundeep Sikka, HDFC MF CEO Milind Barve and ICICI MF MD Nimesh Shah got reasonable hike in salary for FY2017.

May 2, 2017

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Federal Bank, SpiceJet, Maruti Suzuki, Indiabulls Housing, Hindalco, Fortis hit fresh 52-week high

On Tuesday, May 2, shares of Maruti Suzuki, SpiceJet, Hindalco, Federal Bank, Fortis, Indiabulls Housing Finance hit new 52-week high despite Sensex trading in the red.

May 2, 2017

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Saudi Aramco takes 100% control of America's largest oil refinery

Port Arthur is considered the crown jewel of the US refinery system.

May 2, 2017

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Infosys to hire 10,000 Americans in the next two years; build four technology hubs

In a statement, Infosys CEO Vishal Sikka says hiring 10,000 American workers and setting up technological hubs will "help invent and deliver the digital futures for our clients."

May 2, 2017

Apple likely to report $250 billion in cash reserves

Apple's cash pile of ~$250 billion assumes significance in the context of US President Donald Trump's proposed tax break for American companies to repatriate profits.

May 1, 2017

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Google CEO Sundar Pichai's compensation doubles to $200 million in 2016

Salary was $650,000 and stock award was worth $198.7 million for Google CEO Sundar Pichai, double than what he got in the preceding year.

Apr 29, 2017

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New Jaguar XF Sportbrake teased on centre court at Wimbledon

JLR is the official car partner for The Championships at Wimbledon 2017.

Apr 29, 2017

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Market capitalisation of Tata companies at $127 billion

TCS, Tata Steel, Tata Motors and Titan are some of the 17 listed Tata Group companies that had a combined market cap of $126.72 billion as of April 27, 2017.

Apr 29, 2017

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Sundaram BNP Paribas Home Finance net profit remains flat for FY2017

Net profit for FY2017 was Rs 154 crore as against Rs 153 crore in FY2016 for Sundaram BNP Paribas Home Finance.

Apr 29, 2017

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Tata-Docomo's 1.7 billion arbitration case: Delhi High Court rejects RBI's plea

The Delhi High Court's decision paves the way for the enforcement of the $1.18 billion award by the London Court of Arbitration in the Tata-Docomo case.

Apr 29, 2017