Business news

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"Cash is king but digital is divine" says RBI

Although cash is deeply embedded in the payment systems in India, planned efforts post-demonetisation have shown a marked shift from cash to digital payments.

Feb 24, 2020

Two-pronged strategy to avert telecom disaster: Centre may offer relief on taxes, input costs

Two major telcos including Bharti Airtel and Vodafone idea are facing statutory dues of over crore Rs 35,500 and Rs 53,000 crore, respectively.

Feb 24, 2020

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Indian Bank ATMs won't dispense Rs 2,000 notes from March 1: Here's why

Indian Bank has moved to remove Rs 2,000 from some of its ATMs in a bid to make it easier for customers withdrawing cash.

Feb 24, 2020

Maharashtra might lose out on the $70 bn Ratnagiri Refinery Project to Gujarat

Gujarat's speedy approval processes and business-friendly policies make it ideal for RRPCL project to move there.

Feb 24, 2020

Backlash over Reliance Jio's decision to charge voice calls

Jio makes U-turn on tariff transparency, doesn't want to reveal special recharge packs

Feb 21, 2020

TRAI wants to remove 100 daily SMS limit: What does it mean for users?

The Telecom Regulatory Authority of India (TRAI) released a draft regulation that aims to remove the current limit of 100 SMS on the users.

Feb 20, 2020

Relief to government contractors as coronavirus covered under 'Force Majeure Clause': What it means?

The Ministry of Finance invoked the Force Majeure Clause for coronavirus outbreak as it impacts trades in India. Here's what it means for companies.

Feb 20, 2020

Jeff Bezos pledges $10 billion to fight climate change

In an Instagram post, Amazon Founder and CEO said he is launching an initiative called the "Bezos Earth Fund".

Feb 19, 2020

HSBC layoffs 2020: London-based bank to axe up to 35,000 jobs in massive overhaul

Europe's biggest bank by assets, which has long underperformed rivals, reported profit before tax of $13.35 billion for 2019 versus $19.89 billion a year earlier.

Feb 18, 2020

Microsoft's third R&D hub in India creates jobs for 'thousands of engineers'

After Bengaluru and Hyderabad, Microsoft expands to Noida with its third India Development Centre (IDC).

Feb 17, 2020

Cheaper Chinese Television effect: Sony slashes 120 jobs in India

Sony is facing a tough time in India with the market flooded with cheaper Chinese alternatives.

Feb 17, 2020

Airtel deposits Rs 10,000 crore AGR dues to telecom department; Vodafone Idea to pay next

Bharti Airtel said it is in the process of self-assessment of accounts and will duly make the balance payments before the next date of hearing (March 17). According to DoT, Bharti Airtel owes Rs 35,500 crore to DoT.

Feb 17, 2020

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Tata Trusts appoints new CEO: Srinath Narasimhan takes charge on April 1

Tata Trusts observed two major changes in upper management. Here's everything you need to know.

Feb 12, 2020

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Here's why Indian startups are registering their businesses abroad

Interestingly, India major start-ups including Oyo, Curefit, Lenskart, Urban Company and Paytm First Games, which began their operations in India are now also registering their new investment units in Singapore or the United States.

Feb 12, 2020

UAE banks are coming hard at Indian defaulters to recover Rs 50,000 crore debt

Indian loan defaulters who defrauded UAE banks won't find be able to find sanctuary in India.

Feb 8, 2020

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Business news

"Cash is king but digital is divine" says RBI

Two-pronged strategy to avert telecom disaster: Centre may offer relief on taxes, input costs

Indian Bank ATMs won't dispense Rs 2,000 notes from March 1: Here's why

Maharashtra might lose out on the $70 bn Ratnagiri Refinery Project to Gujarat

Jio makes U-turn on tariff transparency, doesn't want to reveal special recharge packs

TRAI wants to remove 100 daily SMS limit: What does it mean for users?

Relief to government contractors as coronavirus covered under 'Force Majeure Clause': What it means?

Jeff Bezos pledges $10 billion to fight climate change

HSBC layoffs 2020: London-based bank to axe up to 35,000 jobs in massive overhaul

Microsoft's third R&D hub in India creates jobs for 'thousands of engineers'

Cheaper Chinese Television effect: Sony slashes 120 jobs in India

Airtel deposits Rs 10,000 crore AGR dues to telecom department; Vodafone Idea to pay next

Tata Trusts appoints new CEO: Srinath Narasimhan takes charge on April 1

Here's why Indian startups are registering their businesses abroad

UAE banks are coming hard at Indian defaulters to recover Rs 50,000 crore debt

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]