Business news

One97 communications, paytm, paytm to invest rs 12,000 crore, Softbank to invest in paytm, paytm digial wallet company, fintech companies in india, paytm investors

Paytm to invest Rs 10,000 crore over three years; SoftBank likely to invest $1.2 billion at $9 billion valuation

The reported investment by Japanese conglomerate SoftBank Group in One97 Communications will value it at about $9 billion.

Apr 28, 2017

UK general election 2017: What you need to know

On 8 June 2017, the British public will go to the polls again after Prime Minister Theresa May called a snap election in April. Heres everything you need to know in the lead up to one of the most important elections in recent years.

Apr 28, 2017

Priyanka Gandhi distances herself from Vadra land deals after panel says he made profits of Rs 50.5 crore

The Justice SN Dhingra Commission has said Robert Vadra made profits of Rs 50.5 crore from land and property deals, and a property of Priyanka was among them. Read to know more.

Apr 28, 2017

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Biocon declares 2:1 bonus issue, Q4 net profit rises 75%; share falls 1.85%

Bengaluru-based Biocon also declared final dividend of Rs 3 per share in addition to 2:1 bonus issue while announcing its Q4 and FY17 results on Thursday.

Apr 28, 2017

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Baahubali 2 buzz lifts PVR, Inox Leisure shares on BSE

S S Rajamouli-directorial Baahubali 2 starring Prabhas, Tamannaah Bhatia and Anushka Shetty is poised to lift footfalls at PVR and Inox multiplexes.

Apr 27, 2017

Modified Tata Safari Storme 4x4 of Indian Armed Forces

No more Maruti Suzuki Gypsy; see Indian Armed Forces' new Tata Safari Storme

Tata Motors will supply 3192 units of modified Safari Storme 4x4 to the Indian Armed Forces.

Apr 27, 2017

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SpiceJet maintains gains; regional air connectivity scheme 'UDAN' launched by PM Modi

Budget carrier SpiceJet is one of the five carriers that will be flying services under UDAN (Ude Desh Ka Aam Nagrik), a a regional connectivity scheme.

Apr 27, 2017

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Axis Bank Q4 net profit falls 43% over spike in provisioning for bad loans

Private sector lender Axis Bank reported a sharp fall in net profit for March quarter (Q4) and FY2017 due to higher provisioning for bad loans.

Apr 26, 2017

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Foreign investors turn net sellers despite Sensex closing above 30,000

On Wednesday, April 26, foreign institutional investors (FIIs) were net sellers of Indian equities worth Rs 493 crore.

Apr 26, 2017

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Wipro chairman Azim Premji, other promoters poised to get 178 crore bonus shares

Wipro chairman Azim H Premji holds 9.34 crore shares while other family members and body corporates hold the rest.

Apr 26, 2017

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ICICI Prudential Life Insurance shares plunge over FY2017 results

Shares of ICICI Prudential Life Insurance are down 4.32 percent a day after the largest private insurer reported modest rise in net profit for FY2017.

Apr 26, 2017

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Talent solutions company Pontoon opens Bengaluru office

Pontoon currently has 50 employees and this is set to grow to about 200 in the next 18 to 24 months.

Apr 26, 2017

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ITC, Asian Paints, M&M, HDFC Bank, GAIL keep Sensex above 30,000; Allcargo Logistics gains 10% on bulk deal

BSE Sensex and NSE Nifty opened at record highs and are sustaining the momentum led by ITC, Asian Paints and HDFC Bank; Allcargo Logistics gains 10% on block deal.

Apr 26, 2017

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Wipro declares 1:1 bonus issue, hints at share buyback; Q4 IT revenues rise 3.9% YoY; guidance for Q1 comes at $1,915-$1,955 million

Surprising many, Wipro declares bonus shares in the ratio of 1:1, skips final dividend and plans share buyback in July; Q4 IT revenues rise 3.9% YoY and 2.7% QoQ.

Apr 25, 2017

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HSBC wins mandate on $100 billion Saudi Aramco IPO

Europe's biggest bank joins peers including JPMorgan Chase & Co and Morgan Stanley on the deal.

Apr 25, 2017

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Business news

Paytm to invest Rs 10,000 crore over three years; SoftBank likely to invest $1.2 billion at $9 billion valuation

UK general election 2017: What you need to know

Priyanka Gandhi distances herself from Vadra land deals after panel says he made profits of Rs 50.5 crore

Biocon declares 2:1 bonus issue, Q4 net profit rises 75%; share falls 1.85%

Baahubali 2 buzz lifts PVR, Inox Leisure shares on BSE

No more Maruti Suzuki Gypsy; see Indian Armed Forces' new Tata Safari Storme

SpiceJet maintains gains; regional air connectivity scheme 'UDAN' launched by PM Modi

Axis Bank Q4 net profit falls 43% over spike in provisioning for bad loans

Foreign investors turn net sellers despite Sensex closing above 30,000

Wipro chairman Azim Premji, other promoters poised to get 178 crore bonus shares

ICICI Prudential Life Insurance shares plunge over FY2017 results

Talent solutions company Pontoon opens Bengaluru office

ITC, Asian Paints, M&M, HDFC Bank, GAIL keep Sensex above 30,000; Allcargo Logistics gains 10% on bulk deal

Wipro declares 1:1 bonus issue, hints at share buyback; Q4 IT revenues rise 3.9% YoY; guidance for Q1 comes at $1,915-$1,955 million

HSBC wins mandate on $100 billion Saudi Aramco IPO

Amit Shah setting stage for BJP ahead of polls in J&K; to focus on Pahari-Muslims during visit [details]

Nitishwar Kumar posted as Addl Secy in Ministry of WCD; 8 other bureaucrats get new posting [details]

Sunny Deol's Chup surprises with box office numbers; bags ₹2 crores on third day [details]