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north block finance ministry finance ministry offices home ministry government of india

Start-ups get respite but worries persist about 'angel' tax confusion

Entrepreneurs hope CBDT will clarify the situation in a circular and bring some finality to the issue. Dec 21, 2018
Gold bar

Gold prices steady as Fed's hint at 'some' hikes in 2019

Gold prices steadied on Thursday, after shedding half a percent in the previous session as the US Federal Reserve delivered a less-dovish outlook on monetary tightening than many had expected. Dec 21, 2018
Swiggy

Swiggy raises $1 billion in largest ever funding round in food tech

The latest round of funding has resulted in Swiggy becoming the fifth most valuable startup in the country with a valuation of $ 3.3 billion. Dec 20, 2018
Johnson and Johnsona

Indian regulator orders Johnson & Johnson to stop using talc raw material

Moreover, over 100 samples were also collected from wholesalers, retailers, and distributors across the country which will be further tested to check the presence of any harmful substance. Dec 20, 2018
wipro, wipro unveils new logo, wipro ceo abidali neemuchwala, wipro chairman azim premji

Wipro starts online test as alternative hiring process for freshers

The test will cover logical reasoning, written skills, and online programming talent. The examinees will also have to choose a programming question between Java, C, C++ and Python. Dec 20, 2018
Ikea hyderabad

IKEA to set foot in Noida creating about 8,000 jobs, signs Rs 5,000 crore MoU

Swedish furniture and home decor brand IKEA plans to set up an integrated commercial project in Noida and is likely to create about 8,000 direct and indirect jobs through the facility. Dec 20, 2018
Tata

Tata Consultancy Services ranked 'Top Employer' in Asia Pacific region

Top Employer Institute certifies the Indian IT major as number one in several countries across the region including Australia, India, Hong Kong, Malaysia and Singapore Dec 19, 2018
bse, stock markets, stock broker, indian stock markets, bse sensex, nse nifty

Sensex gains for 7th day on the trot over lower crude prices

Sensex settled 137.25 points or 0.38 per cent higher at 36,484.33 points after touching an intra-day high of 36,554.99 and a low of 36,381.87. Dec 19, 2018
Reserve Bank of India

RBI's Rs 1 trillion bond buyback operations to inject more liquidity into economy

The central bank's open market operations will release Rs 500 billion into the banking system in December and another Rs 500 billion in January 2019. Dec 19, 2018
Ambani's brothers

Mukesh Ambani's firm ditches sibling's RCom in spectrum sale deal

DoT withholds approval to deal after Reliance Jio letter disowns liability for past spectrum dues of RCom. Dec 19, 2018
midcap stocks sensex rises rally nse bse stock markets repo rate mpc first meeting cut 6.25% 25 bps india rate sensitive stocks

Sensex rises over 100 pts on firm rupee, falling crude prices

Rising for the seventh straight session, the 30-share index spurted 104.05 points, or 0.29 per cent, to 36,451.13. The barometer had rallied over 1,387 points in the previous six sessions. Dec 19, 2018
Lava launches affordable A79 smartphone in India: Price, specifications

Salaries and distributor payments put on hold as liquidity crunch looms at LAVA Mobiles

The reason attributed to the slump of the company includes the heavy discounting offered by the Chinese companies in the Indian market and demonetisation. Dec 19, 2018
A bottle of Johnson and Johnson Baby Powder is seen in a photo illustration taken in New York

Trouble mounts for Johnson & Johnson as India reacts to reports of asbestos in baby powder

The reports sent the company's share price tumbling and within hours its market valuation was down by $40 billion. Dec 18, 2018
IL&FS (Infrastructure Leasing and Financial Services Ltd.)

IL&FS Securities attract big buyers, leading banks; Rakesh Jhunjhunwala lines up to bid

Rakesh Jhunjhunwala's private equity firm Rare Enterprises has shown its interest in IL&FS Securities Services Ltd (ISSL). Dec 18, 2018
Bombay Stock Exchange (BSE)

Securities research firm highlights risks of buying into runaway rally

Oil, rupee and election-year populism may hurt Indian markets in the short-to-medium terms, says CLSA. Dec 18, 2018
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