Business news

Modi govt clears bill to double gratuity ceiling to Rs 20 lakh

With the amendment of the bill, the maximum limit of gratuity of employees of the private sector, public undertakings and autonomous organisations are now at par with the central government employees.

Sep 13, 2017

Infosys to set up innovation hub in North Carolina, hire 2,000 Americans

Infosys plans to hire the first 500 workers at Raleigh innovation hub within two years, with the remainder to be hired in North Carolina by 2021.

Sep 13, 2017

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Hell goes into 'shell': Over 100,000 directors of bogus firms to be booted out for 5 years

26 CAs associated in sustaining these shell companies have been identified

Sep 12, 2017

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SBI Life to launch India's first billion dollar IPO in seven years

SBI Life's IPO is the biggest since state-run Coal India's 155 billion rupee ($2.4 billion) IPO in 2010

Sep 12, 2017

HDFC Bank second most valued company in India, overtakes TCS

At a time when most private and public sector banks are not showing much interest in growing their corporate lending, primarily due to capital constraints, HDFC Bank is aiming to expand its wholesale loan book through refinancing.

Sep 12, 2017

Bank employees to stage protests on September 15

The banking sector wants the government to focus on concerns such as staff shortage and real recovery of Non-Performing Assets (NPAs).

Sep 12, 2017

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Indian banks need $65 billion capital to meet Basel rules by March 2019

Stressed loans in Indian banks hit a record $150 billion at the end of December, with state-run lenders accounting for the bulk of it.

Sep 12, 2017

Hammer price! SC orders auction of Sahara's luxurious Aamby Valley township

The apex court asked Sahara chief Subrata Roy to deposit Rs 1,500 crore with market regulator SEBI by September 7, to avoid the auction of the township.

Sep 12, 2017

Voonik offers 'Flipkart price, but Myntra experience,' says CEO Sujayath Ali [VIDEO]

Sujayath Ali, the CEO of online marketplace Voonik, recently spoke on 'Biz Talk' to International Business Times and revealed the idea behind Voonik and its operations.

Sep 12, 2017

Amazon to double offices in India, will boost hiring

The new Amazon offices in Hyderabad, Bengaluru, Pune, Chennai and the National Capital Region (NCR) will work for its both domestic and global customers.

Sep 12, 2017

Horsepower vs bulldozers: Govt's electric impulse needs a better policy plug

We have some way to go before the creation of an EV ecosystem which the consumer can't escape.

Sep 11, 2017

Direct tax revenue grows 17.5% to Rs 2.24 lakh cr in Apr-Aug

Collection is 22.9 percent of the total Budget Estimates of direct taxes for 2017-18

Sep 11, 2017

Insolvency case: SC tells Jaypee Infratech to fork out deposit of Rs 2,000 crore

Buyers approached the apex court to protect their money after they could not take possession of their flats.

Sep 11, 2017

GST peppered with input credit claims for Rs 62,000 crore in July

Govt to investigate unduly large input tax credit claims made before GST was introduced on July 1.

Sep 11, 2017

Bad loans: Credit rating must for next set of NPAs, says RBI

The lenders have informally informed companies regarding the on-the-rating requirement, but no official communication on this yet.

Sep 11, 2017

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Business news

Modi govt clears bill to double gratuity ceiling to Rs 20 lakh

Infosys to set up innovation hub in North Carolina, hire 2,000 Americans

Hell goes into 'shell': Over 100,000 directors of bogus firms to be booted out for 5 years

SBI Life to launch India's first billion dollar IPO in seven years

HDFC Bank second most valued company in India, overtakes TCS

Bank employees to stage protests on September 15

Indian banks need $65 billion capital to meet Basel rules by March 2019

Hammer price! SC orders auction of Sahara's luxurious Aamby Valley township

Voonik offers 'Flipkart price, but Myntra experience,' says CEO Sujayath Ali [VIDEO]

Amazon to double offices in India, will boost hiring

Horsepower vs bulldozers: Govt's electric impulse needs a better policy plug

Direct tax revenue grows 17.5% to Rs 2.24 lakh cr in Apr-Aug

Insolvency case: SC tells Jaypee Infratech to fork out deposit of Rs 2,000 crore

GST peppered with input credit claims for Rs 62,000 crore in July

Bad loans: Credit rating must for next set of NPAs, says RBI

"Not concerned about assassination threats": Rahul Gandhi, answering disqualification as MP

Urvashi Rautela new home costs Rs 190 cr, next to Yash Chopra's iconic bungalow: Reports

Jack Dorsey's crazy routine: No meal from Friday to Sunday, ice cold bath, drinking water with Himayalan salt