Business news

Riding the waive: A growth dream betrayed

Farmer pains will be only partly eased by loan waivers even as the next round of balance-sheet agony for banks and coops gets primed for release.

Jun 13, 2017

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Infosys refers to risk from 'activist shareholders' in US SEC filing, almost blames founders

In the past few months, founders/former top Infosys executives such as Narayana Murthy, Mohandas Pai and Balakrishnan have raised corporate governance issues.

Jun 13, 2017

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CDSL, Tejas Networks IPOs to hit markets; all you need to know

Tejas Networks is an optical and data networking products company while Central Depository Services (India) Limited (CSDL) offers demat and other services.

Jun 13, 2017

GE CEO Jeff Immelt steps down

General Electrics Jeff Immelt, CEO since 2001, is stepping down. He will be replaced by John Flannery, who is currently the president of GE Healthcare.

Jun 13, 2017

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Wipro goes ex-bonus; Sensex, Nifty rally on positive inflation and factory output data

Retail inflation for May dropped to 2.18 percent while factory output (IIP) came in at 3.1 percent; Wipro goes ex-bonus from June 13 (due to 1:1 bonus ratio).

Jun 13, 2017

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Loan waiver payback: Farmers start wilfully defaulting on loans

While it is early to quantify the extent of loan delinquency by farmers, bankers say that in some states, the default rate has increased by up to 50 percent in recent months.

Jun 13, 2017

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Reliance General Insurance to be listed on bourses by FY18

Reliance General said its Board has approved a proposal to independently list the company-a subsidiary of Reliance Capital Ltd on the stock exchanges.

Jun 13, 2017

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JSW Bengaluru FC and Tata Steel-owned Jamshedpur team officially ISL football sides now

The 2017-18 edition of the Indian Super League will now have ten teams, and the tenure of the competition is set to be five months.

Jun 12, 2017

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Search for next SBI chairman begins

Arundhati Bhattacharya was appointed in 2013 as the bank's first woman chairman, and got a year's extension in October 2016, as SBI was in the process of merging its associate banks with itself.

Jun 12, 2017

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Infosys gains, Wipro goes ex-bonus from Tuesday, Biocon up on lower GST rate on insulin

In a regulatory filing with the US SEC, Wipro had said Donald Trump's policies could affect its business; Infosys trading higher, Biocon up on GST Council reducing tax rate for insulin.

Jun 12, 2017

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Boxing the box office: Revised tax rates on movie tickets will spur torrents, piracy, say Netizens

Union Finance Minister Arun Jaitley said movie tickets priced under Rs 100 will carry an 18 percent tax rate, while those above Rs 100 would be taxed at 28 percent.

Jun 11, 2017

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Big relief for small industry: GST Council slashes rates on 66 items

The Finance Ministry tweeted on Sunday that it received representations for about 133 items from industry, of which rates were reduced on 66 items.

Jun 11, 2017

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Gold is cold: GST might tarnish profits of the jewellery sector, fear jewellers

Apex bullion dealers body India Bullion and Jewellers Association (IBJA) has said that the GST structure will block 87 per cent working capital to the industry.

Jun 11, 2017

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Tendulkar-backed startup Smartron ties up with Eros

Smartron widens its repository of movies, television shows, music, originals and regional content. Its smartphones will come with the Eros Now app preloaded.

Jun 11, 2017

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HDFC Bank, ICICI Bank shares gain, Axis Bank falls in one month

Unlike HDFC Bank and ICICI Bank that declared robust Q4 results, Axis Bank reported a fall in net profit.

Jun 10, 2017

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Business news

Riding the waive: A growth dream betrayed

Infosys refers to risk from 'activist shareholders' in US SEC filing, almost blames founders

CDSL, Tejas Networks IPOs to hit markets; all you need to know

GE CEO Jeff Immelt steps down

Wipro goes ex-bonus; Sensex, Nifty rally on positive inflation and factory output data

Loan waiver payback: Farmers start wilfully defaulting on loans

Reliance General Insurance to be listed on bourses by FY18

JSW Bengaluru FC and Tata Steel-owned Jamshedpur team officially ISL football sides now

Search for next SBI chairman begins

Infosys gains, Wipro goes ex-bonus from Tuesday, Biocon up on lower GST rate on insulin

Boxing the box office: Revised tax rates on movie tickets will spur torrents, piracy, say Netizens

Big relief for small industry: GST Council slashes rates on 66 items

Gold is cold: GST might tarnish profits of the jewellery sector, fear jewellers

Tendulkar-backed startup Smartron ties up with Eros

HDFC Bank, ICICI Bank shares gain, Axis Bank falls in one month

"It's looking funny": Parineeti Chopra kisses Raghav Chadha at mandap; couple groove under umbrella as they walk down aisle [reactions]

"Destroyed beautiful face, Thomas Shelby female version": Amy Jackson reacts after being massively trolled over new look, called "Cillian Murphy"

Dev Anand's 100th birth anniversary: Celebrating evergreen love and life of legendary actor [rare moments]