Business news

Eveready, one of India's oldest brands, up for sale; shares zoom 18%

Eveready says it has over 50 percent market share in India's batteries segment and holds 75 percent of the country's organised flashlights market.

Jan 11, 2019

Ford to cut thousands of jobs as part of restructuring plans, may shut down plants

While the automaker did not specify the number of employees that would be affected, it did reveal that the number could go up to "thousands," and would include salaried as well as hourly workers.

Jan 11, 2019

Jet Airways may return to negotiating table with Tata Group

Talks with foreign partner Etihad have remained inconclusive over cash infusion requirement after 'preliminary' contacts with the Indian conglomerate.

Jan 11, 2019

TCS Q3 results announced, profit jumps 24% YoY to Rs 8,105 crore

Tata Group's flagship company reported Rs 8,121 crore consolidated net profit for the quarter (Q3) under review, registering 24 per cent annual growth from Rs 6,545 crore in the same period a year ago.

Jan 11, 2019

Yes Bank finalises names for top posts as deadline looms

Yes Bank had submitted the names to Reserve Bank of India and said that it will disclose the candidates upon the RBI's approval.

Jan 10, 2019

Silicon Valley Bank to start operations in Bengaluru, hire 200 people in next 18 months

Silicon Valley Bank is one of the largest banks in the US and has invested in over 30,000 start-ups.

Jan 10, 2019

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Tata Motors' JLR to cut jobs in thousands amid China sales crunch - Report

Reuters reports that the move comes in the wake of fears that the premium carmaker will see a double-digit drop in China demand.

Jan 10, 2019

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RBI changes eligibility criteria for Gold Monetisation Scheme deposits

Notification makes Gold Monetisation Scheme more user-friendly by allowing joint accounts and making more entities eligible for making deposits.

Jan 10, 2019

Gautam Singhania to quit as Raymond Chairman as bitter fight with father worsens

Gautam's move to earn a pre-publication injunction on his father's autobiography 'The Incomplete Man' was turned down earlier this week by a Mumbai court.

Jan 10, 2019

Zerodha becomes top broker in India; upstages established houses

New-age, tech-driven Zerodha pioneered discount pricing to successfully accumulate 8.47 lakh retail clients

Jan 10, 2019

ICICI Bank shares hit all-time high on 'positive valuations, asset quality'

Brokerage Morgan Stanley says that valuations for the stock remained attractive and that it expects a 15 percent return on equity in FY20.

Jan 9, 2019

Air India Airbus A320 passenger aircraft.

Upgrade to Air India business class: Here's all you need to know about new bidding system

This system has been started on flights operating to the US, Europe, Australia, Japan and Hong Kong. It hasn't begun on flights being operated to the Gulf region.

Jan 9, 2019

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Sensex up 120 points, Q3 results in focus

Sector-wise, metal, oil and gas stocks lost over 1 per cent but key finance and banking stocks traded in the green.

Jan 9, 2019

Naresh Goyal's exit can alone save Jet Airways from becoming another Kingfisher?

The report says SBI could possibly convert its debt to equity in Jet Airways when the Rs 8,000 crore debt is recast.

Jan 9, 2019

Syndicate Bank's agricultural sector NPAs rose fourfold in five years

The bank, which is a likely candidate for merger and consolidation with some other public sector lenders, accumulated NPAs to the tune of Rs 10,253 crore until March 31, 2018.

Jan 9, 2019

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Business news

Eveready, one of India's oldest brands, up for sale; shares zoom 18%

Ford to cut thousands of jobs as part of restructuring plans, may shut down plants

Jet Airways may return to negotiating table with Tata Group

TCS Q3 results announced, profit jumps 24% YoY to Rs 8,105 crore

Yes Bank finalises names for top posts as deadline looms

Silicon Valley Bank to start operations in Bengaluru, hire 200 people in next 18 months

Tata Motors' JLR to cut jobs in thousands amid China sales crunch - Report

RBI changes eligibility criteria for Gold Monetisation Scheme deposits

Gautam Singhania to quit as Raymond Chairman as bitter fight with father worsens

Zerodha becomes top broker in India; upstages established houses

ICICI Bank shares hit all-time high on 'positive valuations, asset quality'

Upgrade to Air India business class: Here's all you need to know about new bidding system

Sensex up 120 points, Q3 results in focus

Naresh Goyal's exit can alone save Jet Airways from becoming another Kingfisher?

Syndicate Bank's agricultural sector NPAs rose fourfold in five years

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]