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Want to acquire AI's international operations: IndiGo

While IndiGo may be interested in buying national passenger carrier Air India's international operations, it has said that it is not keen on a joint venture with the government.

Jul 7, 2017

CBI files 2,000-page dossier as evidence in Vijay Mallya extradition case, next hearing on September 14

The 61-year-old fugitive liquor baron will have to be extradited within two months if the court judgment goes against him.

Jul 6, 2017

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IT companies to post muted growth for June quarter: Nirmal Bang analyst

Infosys, TCS, Wipro, Tech Mahindra, Mindtree and HCL Technologies are expected to report mixed results for June quarter, 2017.

Jul 6, 2017

GST might take sheen off gold demand in the short term, says WGC

Raising taxes on gold under GST could hit demand, and small-scale artisans and retailers with varying degrees of tax compliance may struggle to adapt.

Jul 6, 2017

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Ratan Tata backed-Moglix raises $12 million in Series B funding

The latest round of fund-raising saw participation by new investors IFC and Rocketship, apart from existing ones, including Accel Partners.

Jul 6, 2017

Amazon invests Rs 1,680 crore in India amid Flipkart and Snapdeal merger talks

Amazon's infusion Rs 1,680 crore in its India ops is seen as a move to conquer the Indian online retail market, and cut further into Flipkart's pie.

Jul 6, 2017

Key Indian equity market indices open higher

Nasdaq closed in green, up by 0.66 percent while FTSE 100 was up by 0.14 percent at the closing on Wednesday.

Jul 6, 2017

Microsoft employees prepare for massive layoffs likely to begin on Thursday

While the job cuts have been predicted for quite some time, it is now being said that Microsoft's corporate rejig is likely to begin on Thursday, July 6.

Jul 6, 2017

Indian equity markets close with marginal gains

The 30-scrip Sensex ended 36 points higher at 31,245 points.

Jul 5, 2017

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Wipro announces tie-up with Israel Aerospace Industries

Wipro Infrastructure Engineering (WIN), part of Wipro Enterprises (P) Ltd. and IAI will manufacture composite aerostructure parts and assemblies.

Jul 5, 2017

French IT firm Capgemini likely to hire 20,000 workers in India this year

Apart from its plans of hiring employees this year, Capgemini has also re-skilled about 45,000 of its employees until May in a bid to embrace automation.

Jul 5, 2017

Snapdeal ready with Plan B after rejecting Flipkart's $700-$800 million buyout bid?

Snapdeal reportedly did not explain why it had decided to refuse Flipkart's offer, but the talks regarding the sale are said to be ongoing.

Jul 5, 2017

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SBI, other lenders suffer setback; Essar Steel gets reprieve in loan default case from Gujarat High Court

Estimates put the amount owed by Ruia-controlled Essar Steel at Rs 37,000 crore; the company is one of the 12 defaulters reportedly identified by RBI for swift recovery under insolvency code.

Jul 5, 2017

Infosys: Employees to get 5-11% annual salary hike, lower than last year; no arrears for 3 months

India's second-largest IT services exporter Infosys gives employees an average hike of 5 to 11 percent as against 6-12 percent last year.

Jul 5, 2017

Where banks fear to tread: NPAs on the rise, RBI moves slowly, but surely

Over-leveraged industry stalls on investments and capacity utilisation, as banks go easy on the lending button.

Jul 4, 2017

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Business news

Want to acquire AI's international operations: IndiGo

CBI files 2,000-page dossier as evidence in Vijay Mallya extradition case, next hearing on September 14

IT companies to post muted growth for June quarter: Nirmal Bang analyst

GST might take sheen off gold demand in the short term, says WGC

Ratan Tata backed-Moglix raises $12 million in Series B funding

Amazon invests Rs 1,680 crore in India amid Flipkart and Snapdeal merger talks

Key Indian equity market indices open higher

Microsoft employees prepare for massive layoffs likely to begin on Thursday

Indian equity markets close with marginal gains

Wipro announces tie-up with Israel Aerospace Industries

French IT firm Capgemini likely to hire 20,000 workers in India this year

Snapdeal ready with Plan B after rejecting Flipkart's $700-$800 million buyout bid?

SBI, other lenders suffer setback; Essar Steel gets reprieve in loan default case from Gujarat High Court

Infosys: Employees to get 5-11% annual salary hike, lower than last year; no arrears for 3 months

Where banks fear to tread: NPAs on the rise, RBI moves slowly, but surely

Karnataka govt fixes ICU, ward charges for COVID treatment in private hospitals [check rates]

Thousands of unused ventilators gather dust across India as COVID bodies pile up [shocking details]

In new twist, BJP MLA's name crops up in BBMP bed scam; Cong, AAP seek arrest