Business news

RBI payout gives Centre space to spend more: Experts

The Central Board of the Reserve Bank of India (RBI) on Monday decided to transfer a sum of Rs 1,76,051 crore to the government.

Aug 27, 2019

IndiGo promoters' differences threaten services

IndiGo AGM: Amendment of Articles of Association, re-appointment of M Damodaran in focus

The feud came to the fore in July when Bhatia wrote to Sebi seeking its intervention in addressing alleged corporate governance lapses in the company.

Aug 26, 2019

Sensex, Nifty advance 2% after Centre takes steps to spur growth

The Sensex jumped over 762.74 points to 37,463.90, while the Nifty traded 216.95 points higher to top the 11,000-point mark at 11,046.30.

Aug 26, 2019

Gold prices moving to all-time highs as China-US trade war escalates

As gold rallies, Indian markets are getting support even from the depreciating rupee, apart from the global uncertainties.

Aug 26, 2019

Centre responsive to slowdown, but more steps needed: Report

On the measures announced to boost auto sales, the report noted that the auto sector may benefit marginally.

Aug 25, 2019

Shapoorji Pallonji to sell assets to clear off Rs 4000 Cr debt

The 154-year old group witnessed a massive downgrade of its flagship firm Shapoorji Pallonji & Co. due to the slowdown in the core sector.

Aug 24, 2019

Parle row: No job losses yet, company senior category head Mayank Shah clarifies

Mayank Shah stated that job cuts are only an eventuality that Parle may look at if the current economic slowdown continues.

Aug 23, 2019

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Nifty, Sensex rebound after report of likely FPI tax rollback

Indian shares rebounded from a sharp fall on Friday, following a media report that the government could soon announce a rollback of higher taxes for foreign portfolio investors (FPIs).

Aug 23, 2019

Here's why Huawei's motive to launch its HarmonyOS might fail

Huawei has announced to hit the market with its independent operating system named Harmony. Though an independent and upgraded platform, the OS might struggle, to beat the dominating Android market.

Aug 22, 2019

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Walmart and Tata group revive talks on strategic partnership in India

Walmart's association with Tata is aimed at the US behemoth leveraging Tata's existing distribution network to expand its outreach to Kirana stores.

Aug 22, 2019

Amazon opens its largest campus globally in e-commerce push

The Seattle-headquartered company is making an ambitious push in India, the last major retail frontier still primarily reliant on a small-scale neighbourhood and mom-and-pop stores.

Aug 21, 2019

Vedanta stares at liquidation of mining business in Zambia

Vedanta has taken the matter to arbitration and made efforts to halt the liquidation process.

Aug 21, 2019

Report of massive financial fraud drags CG Power; MCA launches probe

The shares of the company fell 20 percent on Tuesday following news about the financial fraud.

Aug 21, 2019

India's largest cookie-maker Parle may cut up to 10,000 jobs amid economic slowdown

A sharp drop in Parle's biscuit sales means the company may have to slash production, which may result in layoffs of 8,000-10,000 people.

Aug 21, 2019

State Bank of India moots plan to abolish debit cards

The bank has already rolled 68,000 'YONO cashpoints' and under the process of adding further 1 million cashpoints in next one and a half years.

Aug 21, 2019

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Business news

RBI payout gives Centre space to spend more: Experts

IndiGo AGM: Amendment of Articles of Association, re-appointment of M Damodaran in focus

Sensex, Nifty advance 2% after Centre takes steps to spur growth

Gold prices moving to all-time highs as China-US trade war escalates

Centre responsive to slowdown, but more steps needed: Report

Shapoorji Pallonji to sell assets to clear off Rs 4000 Cr debt

Parle row: No job losses yet, company senior category head Mayank Shah clarifies

Nifty, Sensex rebound after report of likely FPI tax rollback

Here's why Huawei's motive to launch its HarmonyOS might fail

Walmart and Tata group revive talks on strategic partnership in India

Amazon opens its largest campus globally in e-commerce push

Vedanta stares at liquidation of mining business in Zambia

Report of massive financial fraud drags CG Power; MCA launches probe

India's largest cookie-maker Parle may cut up to 10,000 jobs amid economic slowdown

State Bank of India moots plan to abolish debit cards

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]