Business news

Higher security spend of banks failed to curb increasing frauds

Cases of banking frauds shot up by 20 percent in two years despite closer oversight following some high-profile cases of wilful default, study says.

Nov 24, 2018

Bittersweet surplus: Farmers, governments in crisis as sugar output surges

India overtakes Brazil as biggest producer of sugar but disenchantment over falling prices fuels anger among farmers and causes headache for the government.

Nov 24, 2018

Bank credit growth highest in five years; does that negate lurking credit crunch fears?

The growth registered by the banks is really encouraging with the fact that RBI has put 11 public sector banks under the prompt corrective action (PCA) framework.

Nov 23, 2018

'Binny Bansal filed police complaint against his accuser, withdrew it later'

Walmart's investigation against Bansal did not find any evidence to corroborate the woman's claims.

Nov 23, 2018

Dr Reddy's victory in US patent case for opioid treatment film boost for Indian generic drug makers

The ruling is a landmark one for many Indian generic drug makers who have been caught in long-winding litigation with established global players for the US market.

Nov 23, 2018

Jet Airways independent director Ranjan Mathai resigns

Crisis-hit Jet Airways said that retired diplomat Ranjan Mathai has resigned as an independent director on its board due to his other commitments.

Nov 23, 2018

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E-commerce players, startups scale up hiring for top positions

The sudden rise in the headhunting has been driven by multiple factors such as an improved funding scenario, increased M&A activity, increased mobile data consumption and the creative e-commerce and transaction models.

Nov 23, 2018

Tesla cuts China car prices amid trade war

The move comes amid severe trade tensions between China and the United States, which has seen extra tariffs slapped on imports into the country, including automobiles, hurting Tesla which imports all the cars it currently sells in the market.

Nov 23, 2018

Three Bengaluru Realtors in GROHE Hurun top 10 real estate rich list 2018

The three richest realtors from Bengaluru are Jitendra Virwani of Embassy Group, and Raj and Manoj Menda of RMZ group. The list also features nine women entrepreneurs, with Renuka Talwar of DLF group ranked at nineteen topping the list.

Nov 22, 2018

Flipkart-Walmart deal: Binny and Sachin Bansal under I-T dept's lens

Walmart had acquired a 77 per cent stake in Flipkart for $16 billion in May after its attempts to enter the Indian retail realm got bogged down in the country's regulatory swamp.

Nov 22, 2018

Bengaluru pays highest salaries in India at average of Rs 12 lakh per annum: LinkedIn study

Mumbai pays an average salary of Rs 9 lakh and is followed by Delhi (Rs 8.99 lakh), Hyderabad (Rs 8.45 lakh) and Chennai (Rs 6.3 lakh).

Nov 22, 2018

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Banks may get Rs 3.7 lakh crore lending boost as RBI defers Basel III norm roll-out

Some experts feel the one-year limit could prevent the economy from drawing full benefits of the added liquidity

Nov 22, 2018

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Rupee rises 35 paise to 71.11 against US dollar

At the interbank forex market, the rupee opened higher at 71.12 and rose further to quote at 71.11, showing a rise of 35 paise over its previous close of 71.46 against the dollar on Tuesday.

Nov 22, 2018

Sensex opens on positive note; Nifty below 10,700

The Sensex of the BSE opened at 35,492.62 and touched a high of 35,492.25 and a low of 35,336.77.

Nov 21, 2018

SpaceX under NASA review after Elon Musk smokes marijuana during interview

Along with SpaceX, Boeing will also undergo the safety review. Both the companies are under contract to fly NASA's astronauts to the International Space Station in 2019.

Nov 21, 2018

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Business news

Higher security spend of banks failed to curb increasing frauds

Bittersweet surplus: Farmers, governments in crisis as sugar output surges

Bank credit growth highest in five years; does that negate lurking credit crunch fears?

'Binny Bansal filed police complaint against his accuser, withdrew it later'

Dr Reddy's victory in US patent case for opioid treatment film boost for Indian generic drug makers

Jet Airways independent director Ranjan Mathai resigns

E-commerce players, startups scale up hiring for top positions

Tesla cuts China car prices amid trade war

Three Bengaluru Realtors in GROHE Hurun top 10 real estate rich list 2018

Flipkart-Walmart deal: Binny and Sachin Bansal under I-T dept's lens

Bengaluru pays highest salaries in India at average of Rs 12 lakh per annum: LinkedIn study

Banks may get Rs 3.7 lakh crore lending boost as RBI defers Basel III norm roll-out

Rupee rises 35 paise to 71.11 against US dollar

Sensex opens on positive note; Nifty below 10,700

SpaceX under NASA review after Elon Musk smokes marijuana during interview

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]