Business news

Extra scrutiny for loan applicants as private banks become overly cautious

Recent corruption investigations surrounding ICICI Bank and Axis Bank have made other private-sector lenders extremely fussy in granting loans.

Apr 19, 2018

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SBI India's most trusted bank: Samsung, Sony, and LG among top brands

According to the TRA Brand Trust Report 2018, State Bank of India is the most trusted bank in the country and ICICI tops in private sector.

Apr 19, 2018

Say goodbye to airplane mode: In-flight Wi-Fi coming soon in Indian airspace

India's Telecom Commission is set to approve the much-awaited proposal at its next meeting scheduled on May 1.

Apr 19, 2018

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Cash crunch: Currency situation at ATMs improving, says SBI

The SBI is constantly monitoring the situation and making efforts to ensure the supply of currency in abundance at all SBI ATMs, the bank stated.

Apr 18, 2018

Akshaya Tritiya 2018: Things to keep in mind while buying gold

During this Akshaya Tritiya, here are the six things that you should know before stepping into a jewelry store.

Apr 18, 2018

Pornhub accepts cryptocurrency now for subscription payment to offer more privacy

Pornhub users will now be able to use cryptocurrency Verge to pay for all Pornhub purchases.

Apr 18, 2018

Capricorn Food to go public: IPO details

Capricorn Food Products aims to utilize IPO proceeds toward repayment of debts of the company, investment in its subsidiary Gonglu, and general corporate purposes.

Apr 17, 2018

Mahindra & Mahindra share price: Company's market cap over Rs 1 trillion

Mahindra and Mahindra Limited (M&M) has joined the Rs 1 trillion market cap club of companies Tuesday on the BSE (Bombay Stock Exchange).

Apr 17, 2018

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Cash crunch at banks: Sins on the rise, trust on the wane

In India, more than half of the gross savings are held in bank deposits. A decline of trust in banks impacts the gross savings rate.

Apr 17, 2018

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Kotak Mahindra Bank beats SBI to become India's 2nd most valuable lender

Kotak Mahindra Bank shares climbed 1.8 percent to a record Monday, exceeding SBI's market capitalization of 2.22 trillion rupees.

Apr 17, 2018

Xiaomi's $100bn IPO next month, could be biggest since Alibaba: Report

The company, which was once the most valuable start-ups in the world, has picked China's Citic Securities to handle its issuance of Chinese depositary receipts.

Apr 17, 2018

EPFO to accept PF claims of above Rs 10 lakh offline now

The EPFO has said that PF withdrawal claims of over Rs 10 lakh, submitted offline via physical forms, will also be accepted now.

Apr 16, 2018

UCO Bank fraud: Shares plunge 18% after CBI booked ex-chairman

UCO Bank shares plunged nearly 18 percent Monday after the CBI booked Arun Kaul, former chairman-cum-managing director of the bank in Rs 6.21 billion loan fraud case.

Apr 16, 2018

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India on currency manipulator watchlist: Should we be worried?

The Indian currency is now added to the 'watch list' of nations that may be intervening excessively in their foreign exchange markets and distorting trade flows.

Apr 16, 2018

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Idea, Vodafone may fire thousands of employees: Report

The merger of Idea and Vodafone could result in the loss of jobs for about a fourth of the telcos' combined 21,000-strong workforce in the next few months.

Apr 16, 2018