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Residential market

State of realty: Rotten foundations? Yes; unreal expectations? No

Prices haven't really dropped, new project launches are on full steam, but real estate inventories are more or less intact as demand stays down. Jul 17, 2017
ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra sbi state bank of indi atm

SBI Life seeks capital markets regulator's nod for IPO: Report

State Bank of India (SBI) holds 70 percent stake in the company, while 26 percent stake is held by BNP Paribas Cardif. Jul 17, 2017
Essar headquarters

Insolvency case: Gujarat HC dismisses Essar Steel petition challenging RBI

Essar Steel's petition had challenged the RBI directive to banks for initiating insolvency proceedings against it Jul 17, 2017
sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

Number of PSBs may go down to 12 as govt mulls consolidation

The 21 public sector banks are expected to be consolidated to 10-12 in the medium term. Jul 17, 2017
Tata Consultancy Services

TCS may further reduce its employee headcount after plans to shut down Lucknow office

While Tata Consultancy Services has said that it may reduce its employee headcount to deal with the economic slowdown, it clarified that it does not plan to lay off its existing employees. Jul 17, 2017
q3fy2017 preview, q3 it results, infosys q3, tech mahindra q3, wipro q3, tcs q3, bse sensex

Tech Mahindra to hire over 2,000 workers in the US in 2017

Speaking about the US hiring, Tech Mahindra explained that this was in tune with the US government making it clear that it would like companies to hire locals. Jul 17, 2017
vijay mallya, sahara force india

More 'kick' brewing: Diageo checks lager picture, withholds $35 mn from Mallya

Diageo says to pursue dues of $135 million and push claim for Mallya's pledged stake in Force India Formula 1 team. Jul 17, 2017

TVS Motors plans Rs 500 cr investment in operations this year, new launches

Apache RR to be developed jointly with BMW will be priced at Rs Rs 1.25-1.5 lakh. Jul 17, 2017
google-logo-at-the-google-office-in-toronto

Google to double headcount in its India cloud business to take on Amazon and Microsoft

Google is looking at quite a big growth this year considering the cloud service market is likely to witness a 38 percent growth. Amazon, IBM and Microsoft already have public cloud data centres. Jul 17, 2017
mahindra partners San Francisco SCOOT NETWORKS TRANSPORTATION SOLUTIONS

This is how Mahindra Group plans to step up its US game

The planned investment will be allocated across business verticals. The growth will be led by Mahindra USA, which is expected to double revenues from $500 million to $1 billion. Jul 17, 2017
gmr group, hyderabad airport, gmr to sell stake to abu dhabi investment authority, gmr stake sale hyderabad airport

GMR likely to sell 49% stake in Hyderabad airport to Abu Dhabi Investment Authority: Report

The news lifted the share price of GMR Infrastructure on the BSE in early session on Monday. Jul 17, 2017
bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Key Indian equity indices open higher

The 30-scrip Sensitive Index (Sensex) was trading 69.87 points or 0.22 per cent higher soon after opening. Jul 17, 2017
Bitcoin market capitalisation on July 16, 2017

The flip side: Bitcoin, Ether prices wilt, and new questions emerge

Market uncertainty and fundraises by companies using crypto-currency spark selling pressures Jul 16, 2017

GSTN portal to be ready for invoice uploading from July 24

Invoices for transactions above Rs 200 need to be generated on the GST network with records of serial numbers to claim input tax credit. Jul 16, 2017
Google Shopping

Google's Gita paradox: Detachment from 'results', duty to profit, and a EU penalty

Squeezing more juice out of a captive market is part and parcel of being the leader in a particular space; but Google is expected to be different. Jul 15, 2017
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