Business news

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

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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

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

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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

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

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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

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 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

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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

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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

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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'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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Business news

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

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

Insolvency case: Gujarat HC dismisses Essar Steel petition challenging RBI

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

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

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

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

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

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

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

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

Key Indian equity indices open higher

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

GSTN portal to be ready for invoice uploading from July 24

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

Rakhi Sawant's mother Jaya Sawant passes away after prolonged illness; husband Adil Durrani confirms

'Tiger ka toh main bhi fan hoon': Pathaan star calls Salman Khan GOAT, shares update on Jawaan teaser ; as he hosts ASK SRK session

Australian Open 2023: Sabalenka overcomes Rybakina to win Australian Open, first Grand Slam title