Business news

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Crude oil prices rise marginally after Gulf countries snap ties with Qatar

Saudi Arabia, Bahrain, Egypt and UAE severed diplomatic ties with Qatar on Monday for its alleged links with Al-Qaeda and ISIS, impacting crude oil prices.

Jun 5, 2017

Wipro offshore employees get 5% salary hike; company denies stake sale rumours

The salary hike for offshore Wipro employees was 9.5 percent last year as against 5 percent this year effective from June 1.

Jun 5, 2017

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

Wipro chairman Azim Premji's took home Rs 79 lakh in FY17 as compared to Rs 2.17 crore in FY16, and this time the drop could be due to the chairman not being paid commission.

Jun 5, 2017

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Titan, PC Jeweller, Gitanjali, TBZ glitter on BSE over 3% GST rate

Shares of jewellery companies Titan, PC Jeweller, TBZ and Gitanjali Gems were trading with huge gains after GST Council fixed 3 percent tax rate.

Jun 5, 2017

UK election: How did we get here?

The second general election in two years, the fourth major vote in three years but how did it all start?

Jun 5, 2017

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GST rates on gold, footwear evoke sharp, funny responses on Twitter

The 15th Goods and Services (GST) Council meeting on Saturday finalised tax rates on gold, biscuits, diamond, footwear and garments.

Jun 3, 2017

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SpiceJet Q4 net profit falls 43% due to higher fuel costs, demonetisation

For the March 2017 quarter (Q4), low-cost carrier SpiceJet's net profit dropped to Rs 42 crore, YoY while revenues rose 10 percent.

Jun 3, 2017

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Infosys, TCS to hire 40,000 employees; Infy COO Pravin Rao says job losses 'overstated'

Infosys COO Pravin Rao says his company would hire 20,000 people while TCS has "already made" 20,693 job offers for 2017-18, amid talks of layoffs.

Jun 3, 2017

Fiat Chrysler to hire 1500 more employees in India by 2017-end

The 1500 employees will be hired at Fiat Chrysler's plant in Ranjangaon, Pune, where the company is manufacturing the Jeep SUV – the Compass -- for India as well as the international market.

Jun 3, 2017

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Reserve Bank of India initiates steps to replace outgoing deputy governor SS Mundra

SS Mundra, currently one of the four deputy governors of RBI, is due to retire in July.

Jun 2, 2017

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IT layoffs: Pessimism, fear grips employees; mid-level staff most vulnerable

A survey covering 11,000 IT employees by a business newspaper throws up many interesting insights into the context of job cuts.

Jun 2, 2017

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Sensex, Nifty close at record highs; Hero Motocorp, Wipro, Cipla, Adani Ports lead rally

On Friday, benchmark indices BSE Sensex and NSE Nifty closed at record highs, led by Wipro, Hero Motocorp, Cipla and Adani Ports.

Jun 2, 2017

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IT layoffs: Tech Mahindra, Wipro employees take cue from Cognizant counterparts, petition Karnataka govt via trade union FITE

Four Tech Mahindra employees and one from Wipro approached trade union FITE, which in turn had submitted their grievances to Karnataka government.

Jun 2, 2017

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Privatising Air India: Tatas eyeing state-run carrier?

A meeting that was reportedly held in New Delhi on Thursday between Tata Sons chairman N Chandrasekaran and union Finance Minister Arun Jaitley sets tongues wagging.

Jun 2, 2017

Tesla CEO Elon Musk, Disney head Robert Iger quit Trump's advisory councils after decision on Paris Climate deal

Donald Trump, on Wednesday, decided to pull the US out of landmark global agreement designed to fight climate change.

Jun 2, 2017

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Business news

Crude oil prices rise marginally after Gulf countries snap ties with Qatar

Wipro offshore employees get 5% salary hike; company denies stake sale rumours

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

Titan, PC Jeweller, Gitanjali, TBZ glitter on BSE over 3% GST rate

UK election: How did we get here?

GST rates on gold, footwear evoke sharp, funny responses on Twitter

SpiceJet Q4 net profit falls 43% due to higher fuel costs, demonetisation

Infosys, TCS to hire 40,000 employees; Infy COO Pravin Rao says job losses 'overstated'

Fiat Chrysler to hire 1500 more employees in India by 2017-end

Reserve Bank of India initiates steps to replace outgoing deputy governor SS Mundra

IT layoffs: Pessimism, fear grips employees; mid-level staff most vulnerable

Sensex, Nifty close at record highs; Hero Motocorp, Wipro, Cipla, Adani Ports lead rally

IT layoffs: Tech Mahindra, Wipro employees take cue from Cognizant counterparts, petition Karnataka govt via trade union FITE

Privatising Air India: Tatas eyeing state-run carrier?

Tesla CEO Elon Musk, Disney head Robert Iger quit Trump's advisory councils after decision on Paris Climate deal

Sunjwan terror attack: NIA arrests key accused from Kashmir; establish JeM link [details]

Dhanush Might Get His Own Hollywood Superhero Flick, The Gray Man Spin-Off On Cards

Kashmiri TV artist brutally killed by terrorists only bread-earned in family; father devastated [details]