Business news

Fortis feud blows up as Malvinder Singh accuses brother Shivinder of assault

In a video, which was sent to family members and friends, Malvinder has alleged that Shivinder physically assaulted him before a board meeting of Prius Real Estate at their Hanuman Road office in central Delhi on Wednesday, December 5.

Dec 7, 2018

Connecticut: Infosys inaugurates high-tech innovation hub in Hartford

The hub will also help organisations learn through making, bring expertise in technologies like blockchain, extended reality and cognitive capabilities with design thinking, agile and DevOps.

Dec 6, 2018

bse nse share price gainers losers it stocks infosys wipro tcs tech mahindra mindtree hcl share prices rupee us fed

KKR may pick up CCD founder VG Siddhartha's stake in Mindtree

Siddhartha is the largest investor controlling 26% of shares in information technology major Mindtree.

Dec 6, 2018

Arrested Huawei CFO faces extradition to US; what charges is Meng Wanzhou facing?

A Canada Justice department official said that US Department of Justice had opened the investigation in April and was probing if the telecommunications brand sold gear to Iran despite a ban on exports to the region.

Dec 6, 2018

itc share price, gst laws cleared, gst bills in parliament, buzzing stocks, nifty closes at all-time high, sensex gainers, usd vs inr, india forex reserves

Key Indian equity indices open in red amid negative global cues

At the National Stock Exchange (NSE), the broader 50-scrip Nifty, which had closed at 10,782.90 on Wednesday, was quoting at 10,708.55, down by 74.35 points or 0.69 per cent.

Dec 6, 2018

Sebi pushes reforms for unicorns' direct listing in overseas markets

Panel report seeking stakeholder feedback wants to allow direct listing of foreign start-ups in the country's stock markets

Dec 5, 2018

Carlos Ghosn's $70 mln hidden pay points to rot at Nissan

Ghosn's pay had attracted negative attention earlier as well in Japan, where executives are paid frugally by western standards.

Dec 5, 2018

Cash-crunched Jet Airways 'close to deal' with Etihad Airlines for fresh capital infusion

Executives of UAE national carrier talk to bankers to put together a rescue plan for debt-laden Indian private airline.

Dec 5, 2018

note, cash, note ban, investment, mf, mutual fund, mutual funds, uti equity fund, demonetisation, rbi, atm, tax collection

Rupee relief unlikely to last as Modi government goes into election year

Domestic pressures like elections and international factors including oil and trade uncertainties could weaken the currency.

Dec 5, 2018

HUL chief's statement failed to allay GSK India staff fears: Report

GSK's 4,000 employees in India worried that restructuring after one year could affect them adversely as HUL integration begins.

Dec 5, 2018

Q3 results: Xiaomi pips Apple and Fitbit in wearable devices segment

Xiaomi grabbed the top position with 21.5 market share in the global wearable segment in the third quarter as Apple came second with 13.1 per cent share. Global shipments of wearable devices reached 32 million units in the third quarter of 2018.

Dec 4, 2018

L&T Finance Holdings' N. Sivaraman appointed as IL&FS COO

Sivaram is a veteran in the financial management of the asset companies. He was associated with the construction behemoth Larsen and Toubro group for a period of 34 years.

Dec 4, 2018

Free meals scrapped from two more economy class in debt-laden Jet Airways

However, the Jet passengers who have made bookings prior to December 21, will continue to enjoy complimentary meals across saver and classic fare options

Dec 4, 2018

Aggressive Reliance Jio triggers consolidation of market rivals

Airtel eyes monetisation of fibre network in partnership Vodafone, Idea to generate extra revenue needed to drive growth

Dec 4, 2018

Nifty, Sensex echo weakness in Asia; domestic investors await state election results

Asian shares fell as a relief rally petered out amid rising doubts over whether China and the United States will be able to resolve trade differences. An inverted U.S. yield curve also raised concerns about a possible recession.

Dec 4, 2018