Business news

Infosys raises revenue growth outlook to 9%; proposes share buyback

Infosys Q3 data beat TCS and expected to buoy market as the company seeks to repurchase Rs 8,260 crore stocks in second such programmes in two years.

Jan 12, 2019

Nissan top executive Jose Munoz resigns amid broadened Ghosn probe

In a statement, Nissan said that Munoz had "elected to resign" from the company, effective immediately. The company declined to offer details.

Jan 12, 2019

SpaceX is laying off 10% of it's workforce, Here's why

"Either of these developments, even when attempted separately, have bankrupted other organisations. This means we must part ways with some talented and hardworking members of our team.

Jan 12, 2019

NSE trading norms violation worsens with alleged role for more brokerage houses

Audits show 62 trading firms may have benefited from fraudulent use of algorithm trading by gaining unfair access to NSE servers

Jan 11, 2019

Eveready, one of India's oldest brands, up for sale; shares zoom 18%

Eveready says it has over 50 percent market share in India's batteries segment and holds 75 percent of the country's organised flashlights market.

Jan 11, 2019

Ford to cut thousands of jobs as part of restructuring plans, may shut down plants

While the automaker did not specify the number of employees that would be affected, it did reveal that the number could go up to "thousands," and would include salaried as well as hourly workers.

Jan 11, 2019

Jet Airways may return to negotiating table with Tata Group

Talks with foreign partner Etihad have remained inconclusive over cash infusion requirement after 'preliminary' contacts with the Indian conglomerate.

Jan 11, 2019

TCS Q3 results announced, profit jumps 24% YoY to Rs 8,105 crore

Tata Group's flagship company reported Rs 8,121 crore consolidated net profit for the quarter (Q3) under review, registering 24 per cent annual growth from Rs 6,545 crore in the same period a year ago.

Jan 11, 2019

Yes Bank finalises names for top posts as deadline looms

Yes Bank had submitted the names to Reserve Bank of India and said that it will disclose the candidates upon the RBI's approval.

Jan 10, 2019

Silicon Valley Bank to start operations in Bengaluru, hire 200 people in next 18 months

Silicon Valley Bank is one of the largest banks in the US and has invested in over 30,000 start-ups.

Jan 10, 2019

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Tata Motors' JLR to cut jobs in thousands amid China sales crunch - Report

Reuters reports that the move comes in the wake of fears that the premium carmaker will see a double-digit drop in China demand.

Jan 10, 2019

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RBI changes eligibility criteria for Gold Monetisation Scheme deposits

Notification makes Gold Monetisation Scheme more user-friendly by allowing joint accounts and making more entities eligible for making deposits.

Jan 10, 2019

Gautam Singhania to quit as Raymond Chairman as bitter fight with father worsens

Gautam's move to earn a pre-publication injunction on his father's autobiography 'The Incomplete Man' was turned down earlier this week by a Mumbai court.

Jan 10, 2019

Zerodha becomes top broker in India; upstages established houses

New-age, tech-driven Zerodha pioneered discount pricing to successfully accumulate 8.47 lakh retail clients

Jan 10, 2019

ICICI Bank shares hit all-time high on 'positive valuations, asset quality'

Brokerage Morgan Stanley says that valuations for the stock remained attractive and that it expects a 15 percent return on equity in FY20.

Jan 9, 2019

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Business news

Infosys raises revenue growth outlook to 9%; proposes share buyback

Nissan top executive Jose Munoz resigns amid broadened Ghosn probe

SpaceX is laying off 10% of it's workforce, Here's why

NSE trading norms violation worsens with alleged role for more brokerage houses

Eveready, one of India's oldest brands, up for sale; shares zoom 18%

Ford to cut thousands of jobs as part of restructuring plans, may shut down plants

Jet Airways may return to negotiating table with Tata Group

TCS Q3 results announced, profit jumps 24% YoY to Rs 8,105 crore

Yes Bank finalises names for top posts as deadline looms

Silicon Valley Bank to start operations in Bengaluru, hire 200 people in next 18 months

Tata Motors' JLR to cut jobs in thousands amid China sales crunch - Report

RBI changes eligibility criteria for Gold Monetisation Scheme deposits

Gautam Singhania to quit as Raymond Chairman as bitter fight with father worsens

Zerodha becomes top broker in India; upstages established houses

ICICI Bank shares hit all-time high on 'positive valuations, asset quality'

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]