Business news

ICICI bank-Videocon case: Chanda Kochhar reaches ED Mumbai office for questioning

The summons was sent a day after the investigation agency carried out raids at offices and homes of the Kochhars and Videocon chief Venugopal Dhoot.

Mar 2, 2019

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Anti-fake rules in draft e-commerce policy to help lower originals' cost

Even though online retail companies do not share data on fake products, some studies have pegged the share of counterfeit goods sold online at 20%.

Mar 1, 2019

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Economic growth for FY19 at 7% projected to be lowest for Modi years

GDP growth estimated to hit a six-quarter low of 6.6% in the third quarter with the expansion falling in all key sectors, CSO data show.

Mar 1, 2019

ICICI Bank-Videocon case: Chanda Kochhar's residence raided by Enforcement Directorate

Enforcement Directorate had earlier registered a money-laundering criminal case against Chanda Kochhar, Deepak Kochhar and Videocon's Venugopal Dhoot.

Mar 1, 2019

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Reliance Industries eyes majority stake in logistics startup Grab

The acquisition of the hyperlocal logistics company is expected to help RIL fine-tune its e-commerce plans.

Mar 1, 2019

Jet Airways founder Naresh Goyal agrees to step down as chairman

After months of deliberation, the exit of Naresh Goyal would allow the board to go ahead with the debt restructuring plan of the cash-strapped airline.

Mar 1, 2019

Finance Ministry asks tax panel to rationalise existing income-tax slabs

Panel will look at tax slabs, particularly the 20% slab, and revise them in the light of international best practices.

Feb 28, 2019

Bengaluru boasts highest number of cryptocurrency job openings in the country

Bengaluru currently has 34 per cent job openings in cryptocurrency in recruitment website 'Indeed', making it top the list while Pune trails far behind with only eight per cent job openings in cryptocurrency.

Feb 28, 2019

Volatility spirals as border tensions hammer Karachi stock exchange

KSE100 plunged nearly 1,500 points after Indian strikes and Pakistani retaliation; benchmark recovers some ground though choppiness remains.

Feb 28, 2019

Elon Musk changes Twitter name to Elon Tusk amid reports he may lose CEO post

Tesla CEO Elon Musk changed his name and also put up an elephant emoji next to his new name. He then changed his profile picture and put up an image of Mars, and promised to announce some Tesla "news" on Thursday, February 28, at 2 pm California time.

Feb 28, 2019