Business news

Is IMA safe? Karnataka govt issues notice to seize all properties; IMA director responds

The latest public notice issued to IMA raises concerns among investors as similar companies have had their fates sealed.

Nov 21, 2018

Infosys to create 1,200 jobs, open 3 innovation hubs in Australia by 2020

To meet Australia's growing demand for digital expertise, the $11-billion Indian firm also formed an education ecosystem for providing learning opportunities.

Nov 21, 2018

Walmart raises equity holding in Flipkart to 81% after leadership upheaval

The increase in Walmart stake could be an overhang from the $2 billion equity infusion Walmart announced at the time of the acquisition in May

Nov 21, 2018

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Gold prices fall for third straight day on muted demand

Globally, gold shed 0.05 per cent to $1,221.50 an ounce, while silver held steady at $14.40 an ounce in Singapore.

Nov 21, 2018

Facebook CEO Mark Zuckerberg has no plans to step down amid pressure from investors

Despite mounting pressure from investors to step down as Facebook chairman as the social media firm faces intense scrutiny on data scandals, Mark Zuckerberg has said he has no plans to retire.

Nov 21, 2018

For Indian unicorn Oyo Hotels, the biggest market now is China

India's most valued startup built by Ritesh Agarwal now manages as many as 180,000 rooms in China, compared with about 150,000 rooms in India and the rest of south Asia combined.

Nov 21, 2018

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Asia stocks drop, oil stymied as growth woes grip global markets

The dollar stood tall, rallying from a two-week low, as the currency found safe-haven demand from heightened risk aversion.

Nov 21, 2018

Crypto bloodbath: Tale of IMF support that turned a deadly trap

Legarde's historic call for central banks' foray into sovereign cryptocurrencies turns sour for blockchain pioneers like Bitcoin

Nov 21, 2018

History of a feud: Tatas want to fly Jet, but without the captain for a reason

There is a history of indifference if not hostility between the Tatas and the Goyals that goes back to the 1990s when India's open skies policy took off.

Nov 20, 2018

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SBI internet banking ban from Dec 1: How to check if your account is registered with mobile number

If your SBI account is not registered with the phone number, you will have to contact nearest SBI branch to avoid internet banking getting blocked from 1 December 2018.

Nov 20, 2018

Yes Bank shares slump 6.5% after resignation of independent director R Chandrashekhar

The bank cited personal reasons for Chandrashekhar's resignation. On November 14, the bank's non-executive chairman Ashok Chawla had resigned as his name figured in a CBI chargesheet filed in the Aircel-Maxis case.

Nov 20, 2018

RBI vs Modi govt: From liquidity to relief for MSME sector - key takeaways from Monday's board meet

In the tense run-up to the meeting, there was speculation even about RBI governor Urjit Patel's exit.

Nov 20, 2018

Tata Sons to go slow on deal to acquire debt-laden Jet Airways: Reports

Indian conglomerate Tata Sons Ltd will go slow on a deal to buy Jet Airways (India) Ltd after some directors expressed reservations at an inconclusive board meeting last Friday, the Times of India reported on Tuesday.

Nov 20, 2018

Facebook seeks to patent software to analyse who lives with you

To help determine whether people live in the same home, the software could look at how often people are tagged in pictures together and at the captions of the photos, it said.

Nov 19, 2018

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RBI concludes crucial day-long board meeting; likely to increase cash flow

Among the most contentious issues discussed were the government's demands for steps to ease liquidity in the financial sector and increase credit to small businesses.

Nov 19, 2018

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Business news

Is IMA safe? Karnataka govt issues notice to seize all properties; IMA director responds

Infosys to create 1,200 jobs, open 3 innovation hubs in Australia by 2020

Walmart raises equity holding in Flipkart to 81% after leadership upheaval

Gold prices fall for third straight day on muted demand

Facebook CEO Mark Zuckerberg has no plans to step down amid pressure from investors

For Indian unicorn Oyo Hotels, the biggest market now is China

Asia stocks drop, oil stymied as growth woes grip global markets

Crypto bloodbath: Tale of IMF support that turned a deadly trap

History of a feud: Tatas want to fly Jet, but without the captain for a reason

SBI internet banking ban from Dec 1: How to check if your account is registered with mobile number

Yes Bank shares slump 6.5% after resignation of independent director R Chandrashekhar

RBI vs Modi govt: From liquidity to relief for MSME sector - key takeaways from Monday's board meet

Tata Sons to go slow on deal to acquire debt-laden Jet Airways: Reports

Facebook seeks to patent software to analyse who lives with you

RBI concludes crucial day-long board meeting; likely to increase cash flow

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]