Business news

Flipkart beats Amazon hollow with sales figures of Rs 2,600 crore for June

Flipkart has once again left Amazon behind and reported gross sales of over Rs 2,600 crore as against Amazon's figures of over Rs 2,400 crore for the month of June.

Jul 26, 2017

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Another high-level exit: Is Vishal Sikka having a tough time retaining executives?

After executive vice president Ritika Suri quit a week back, Yusuf Bashir, MD of the $500-million Infosys Innovation Fund has resigned from his post at Infosys.

Jul 26, 2017

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Jio-graphic: Price slashes by Reliance upstart bleed Airtel bottomline

Net profits decline 75% in Q1 thanks to sops from Ambani-backed Reliance Jio; smallest profit in 18 quarters

Jul 25, 2017

SC asks Sahara's Subrata Roy to deposit Rs 1,500 cr to stall auction of Aamby Valley

The Sahara chief, who is out on parole since May 6 last year, was arrested for Sahara group's failure to return investor money.

Jul 25, 2017

Shikha Sharma never said Ta-Ta, protests Axis Bank

Bank rubbishes report which claimed that its Chairman Shikha Sharma is joining Tata Group.

Jul 25, 2017

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Bringing Infosys board, founders on the same page 'doable', says co-chairman

Says that Sikka, who has driven a lot of positive changes after taking over as Infosys CEO, was co-founder Narayana Murthy's choice.

Jul 25, 2017

Cochin Shipyard floats Rs 1,400-crore IPO despite grim shipbuilding prospects

Post IPO allotment, the government will hold a 75 percent share in the shipbuilder, while the balance 25 percent will be held by the public.

Jul 25, 2017

Alphabet adds to cash pile despite higher costs, anti-trust fine

Rising costs, including what Google pays to drive traffic to its search engine, hurt operating margins more than expected,

Jul 25, 2017

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History league: Nifty breaches 10,000 mark, notches up all-time record

The rise in Indian stocks has been primarily fuelled by foreign institutional investors (FIIs) buying.

Jul 25, 2017

Finally some good news techies! Goldman Sachs is hiring engineers in India

Not just lateral hiring, investment bank Goldman Sachs also plans to enhance its campus recruitment this year by up to 25-30 percent as it aims to embrace technology at a larger scale.

Jul 25, 2017

PriceWaterhouseCoopers under fire for alleged tax evasion and criminal intimidation

Sarvesh Mathur, a former CFO at PwC's Indian arm has accused the British audit firm of evading taxes, manipulating books and breaking numerous laws.

Jul 25, 2017

India's Big Steel enigma: Grey hair, red ink, but blue skies?

Highly leveraged steel companies working on thinning margins augur ill for the balance sheets of banks.

Jul 24, 2017

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IT start-up employees are entitled to labour law benefits like provident fund: Govt

Union Minister of State for Labour Bandaru Dattatreya on Monday said employees of tech start-ups can claim benefits like provident funds as part of the labour laws of the country.

Jul 24, 2017

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United Spirits Q1 profit grows 43.6% despite alcohol ban

Company revenues fell to Rs 5,847.7 crore from Rs 5,877.2 crore on back of falling number of retail outlets, alcohol ban.

Jul 24, 2017

PM lauds contributions of CA community, while govt mulls regulatory body

The new agency -- which can have up to 15 members, including the chairman -- is mandated to advise on issues related to audit and accounting standards.

Jul 24, 2017

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Business news

Flipkart beats Amazon hollow with sales figures of Rs 2,600 crore for June

Another high-level exit: Is Vishal Sikka having a tough time retaining executives?

Jio-graphic: Price slashes by Reliance upstart bleed Airtel bottomline

SC asks Sahara's Subrata Roy to deposit Rs 1,500 cr to stall auction of Aamby Valley

Shikha Sharma never said Ta-Ta, protests Axis Bank

Bringing Infosys board, founders on the same page 'doable', says co-chairman

Cochin Shipyard floats Rs 1,400-crore IPO despite grim shipbuilding prospects

Alphabet adds to cash pile despite higher costs, anti-trust fine

History league: Nifty breaches 10,000 mark, notches up all-time record

Finally some good news techies! Goldman Sachs is hiring engineers in India

PriceWaterhouseCoopers under fire for alleged tax evasion and criminal intimidation

India's Big Steel enigma: Grey hair, red ink, but blue skies?

IT start-up employees are entitled to labour law benefits like provident fund: Govt

United Spirits Q1 profit grows 43.6% despite alcohol ban

PM lauds contributions of CA community, while govt mulls regulatory body

Man dies by suicide along with 4 children after wife succumbed to black fungus

Esha Gupta poses topless, hits back at trolls over "indecent picture"

Did Ajay Devgn really refuse to wait for Shah Rukh Khan to shoot an ad? Here's the truth