Business news

Bank, metal stocks lead Sensex rally as markets rebound on global cues

The Nifty PSU Bank and Metal indices gained 8.7 percent and 6 percent, respectively, as risk appetite improved after markets were relieved of uncertainty.

Nov 10, 2016

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ICICI Bank waives charges on cash deposits, ATM withdrawals; relaxes limits on usage of debit cards

The steps follow the government's decision to scrap old Rs 500 and Rs 1,000 currency notes and introduce new notes.

Nov 10, 2016

Paytm lets you buy milk and vegetables using your debit/credit cards

Paytm fortifying its offline payment network, aims to hire over 10,000 agents

Paytm seeks to capitalise on rising demand following PM Modi's demonetisation decision.

Nov 10, 2016

Twitter COO Adam Bain latest to join exit bandwagon

The company's Chief Financial Officer (CFO) Anthony Noto will take over from Bain.

Nov 10, 2016

eBay let go around 100 people from its Bengaluru office

eBay handed pink slips to 100 employees from Bengaluru: Will there be more?

The company's analytics team remains intact.

Nov 10, 2016

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KDDL subsidiary Ethos to sell Corum watches: Report

Ethos, which retails many Swiss watch brands, will now sell Corum watches, according to a senior KDDL executive.

Nov 10, 2016

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Sensex, Nifty erase currency ban, Donald Trump-induced losses; gold stocks gain

The BSE Sensex and NSE Nifty opened with gains on Thursday tracking global cues, reversing previous day's losses.

Nov 10, 2016

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Tata Sons fires fresh salvo against Cyrus Mistry in this 9-page statement [Full Text]

In a nine-page statement, holding company Tata Sons accuses Cyrus Mistry of many things.

Nov 10, 2016

'New Rs 2,000 note to come with nano GPS tracker' goes viral on WhatsApp; RBI clears the air

The FAQs detailed on RBI's official website do not mention anything about the presence of the GPS chip in the Rs 2,000 note.

Nov 10, 2016

Tata Sons nominates Ishaat Hussain as interim TCS chairman to replace Cyrus Mistry

Tata Sons also issued a notice saying it would hold a special general body meeting to remove Mistry as the director of TCS.

Nov 10, 2016

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Paralysed monkeys walk again

Monkeys with spinal injuries that have left them paralysed have been able to walk again through wireless implants in their brains and spines which bypass the injury. Scientists say that this new technology could be used to help paralysed people regain control of their bodies.

Nov 9, 2016

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US Election: How best to invest following Donald Trumps victory

IBTimes UK expert financial columnist Edmund Shing pinpoints the companies, and areas, that would prove the most fruitful when it comes to investment following Donald Trumps shock win the US election.

Nov 9, 2016

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Donald Trump presidency win rocks global markets

Global financial markets tumbled in the wake of Donald Trump winning the US presidential election as fears of protectionist trade policies increased. The Asian markets were one of the firsts to react all dropping points, and the FTSE 100 Index opened 102.8 points down knocking more than £25bn off the value of blue chip shares. The Republican candidate beat the polls by winning key swing states like Florida, Ohio and North Carolina.

Nov 9, 2016