Business news

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Fortis promoter sells 13.5 million shares, Japanese bank buys stake in Reliance Capital

The two companies, Fortis Healthcare and Anil Ambani's Reliance Capital, have been hogging the limelight for various reasons.

Jul 19, 2017

IT layoffs: Are techies really depressed over fear of losing jobs?

Speaking about the reports of how techies have been turning to online counselling and calling help lines, Mohandas Pai said that some people are anxious but the depression is "exaggerated."

Jul 19, 2017

L&T Infotech focuses on hiring in India even as IT firms ramp up US recruitment

Larsen and Toubro Infotech has said that the firm's focus remains on India and that is where most of the hiring activity is going to take place, even as many IT firms are hiring in the US.

Jul 19, 2017

Air India narrows losses for FY17, operating profit skyrockets

For the financial year 2016-17, national carrier reported net loss of Rs 3,643 crore from Rs 3,836 crore in the preceding fiscal.

Jul 19, 2017

Air India passenger plane, air india pilot

Air India chief Ashwani Lohani says stake sale 'a win-win' for employees amid reports of staff buyout

Apart from outlining the benefits of Air India's disinvestment from the business point of view, Lohani also said that the employees would enjoy working under a corporate structure.

Jul 19, 2017

Excess baggage: Air India may offer voluntary retirement to 15,000 staffers ahead of selloff

Previous attempts to offload the airline have failed because of the scale and complexity of problems at Air India, and resistance from its influential unions.

Jul 18, 2017

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Smoke alarm: Cigarette cess spooks markets, bears strike in the guise of ITC, Reliance

Biggest fall since November 2016 as Nifty ends below 9,850; BSE Sensex dragged down by index heavyweights ITC and Reliance Industries.

Jul 18, 2017

Hindustan Unilever posts upbeat results for June quarter

Net profit rises 9 percent while revenues grow 5 percent YoY despite volumes remaining almost flat.

Jul 18, 2017

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A breath of fresh air: US-based Softvision to hire 500 techies in Bangalore

Softvision requires engineers in specific departments such as mobility iOS, Java Scala and Android and plans to take on board the engineers over the next 12 months.

Jul 18, 2017

Legal spillover: RIL, ONGC, Shell told to shell out $3 bn in fines

The dispute over the government's share of profit petroleum and royalty from the PMT fields has raged for many years.

Jul 18, 2017

IndiGo's regional flights may take off by November: Report

Services in the southern region can provide the fillip since three regional players are facing problems for more than a year.

Jul 18, 2017

Banks to take hit of Rs 18,000 cr for 12 accounts identified for bankruptcy

Ind-Ra forecasts additional provisioning to eat into bank profits by around 25 percent in fiscal 2018.

Jul 18, 2017

Flipkart makes revised offer of about $950 million to buy Snapdeal

Flipkart's new proposal, reportedly made over the weekend, is said to be worth between $900-$950 million and is now being evaluated and discussed by the board of Snapdeal.

Jul 18, 2017

HDFC Life gears up for IPO after scrapping merger with Max: Report

The initial public offering (IPO) of up to Rs 10,000 crore could reportedly value the company at about Rs 50,000 crore.

Jul 18, 2017

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Narayana Murthy reveals he regrets quitting Infosys as chairman in 2014

While Narayana Murthy did say that he regretted leaving, he clarified that he does not really miss being on the campus on a daily basis.

Jul 18, 2017

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Business news

Fortis promoter sells 13.5 million shares, Japanese bank buys stake in Reliance Capital

IT layoffs: Are techies really depressed over fear of losing jobs?

L&T Infotech focuses on hiring in India even as IT firms ramp up US recruitment

Air India narrows losses for FY17, operating profit skyrockets

Air India chief Ashwani Lohani says stake sale 'a win-win' for employees amid reports of staff buyout

Excess baggage: Air India may offer voluntary retirement to 15,000 staffers ahead of selloff

Smoke alarm: Cigarette cess spooks markets, bears strike in the guise of ITC, Reliance

Hindustan Unilever posts upbeat results for June quarter

A breath of fresh air: US-based Softvision to hire 500 techies in Bangalore

Legal spillover: RIL, ONGC, Shell told to shell out $3 bn in fines

IndiGo's regional flights may take off by November: Report

Banks to take hit of Rs 18,000 cr for 12 accounts identified for bankruptcy

Flipkart makes revised offer of about $950 million to buy Snapdeal

HDFC Life gears up for IPO after scrapping merger with Max: Report

Narayana Murthy reveals he regrets quitting Infosys as chairman in 2014

'Our daughter…': Mommy Alia Bhatt elated as Raha takes her first baby steps; calls Ranbir Kapoor 'not so little animal'

Ankita - Vicky CRY as Kjo throws Sunny Arya out of BB 17 house after he gets into physical fight with Abhishek

Election Year 2024: With record 70 poll schedules due, New Year will shape Next World Order