Business news

Moody's downgrades Yes Bank ratings amid leadership transition, governance issues

Moody said that developments could constrain the bank's ability to raise new capital.

Nov 28, 2018

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Alibaba's Jack Ma is a Communist Party member, reveals China state paper

Jack Ma, the head of e-commerce giant Alibaba Group Holding Ltd and China's best-known capitalist, is a Communist Party member, the official Party newspaper said on Monday, debunking a public assumption the billionaire was politically unattached.

Nov 27, 2018

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GST rate cut benefits: Jump in complaints against FMCG firms

The increase in a number of complaints highlights the challenges faced by the manufacturers to ensure that the cost of products in their basket is reduced in accordance with the GST rate cuts.

Nov 27, 2018

Retaining talent: Infosys doubles pay for 'skilled up' employees

The programmes are for Infosys employees associated with the company for more than three years to stop them from moving to another company or pursue higher studies.

Nov 27, 2018

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Govt-RBI tussle is far from over; turf war could spill over at Dec 14 meeting

A Bloomberg report says the government nominees on the board will ask RBI to take steps to prevent banks from accumulating bad loans rather than penalise them after the fact.

Nov 27, 2018

RCom fears DoT bank guarantee push can scupper assets sale deal with Jio

Anil Ambani's company told the top court that government ignored collateral security worth Rs 1,400 cr while seeking Rs 2,940 cr bank guarantee.

Nov 27, 2018

Flipkart co-founder Sachin Bansal eyes comeback with fintech and agri-tech on radar

Sachin has reportedly partnered with Ankit Aggarwal, his IIT-Delhi friend and has offered him to take the position as a founder and partner employee of the proposed platform.

Nov 27, 2018

General Motors shaking things up; to cut 15% jobs, shuts down 5 plants in North America

In 2019, General Motors will wind up operations of plants in Detroit, Ohio and Ontario, Canada, and transmission factories in Michigan and Maryland. GM has already announced the closure of the assembly plant in Gunsan, South Korea.

Nov 27, 2018

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Sensex, Nifty turn cautious amid weak global cues

According to analysts, investors remain cautious due to uncertainty over US-China trade war, domestic state elections and dimming global outlook on account of sharp fall in oil prices.

Nov 27, 2018

Mitsubishi Motors ousts Carlos Ghosn as chairman, days after Nissan firing

Carlos Ghosn was removed from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor Co last week for alleged financial misconduct.

Nov 26, 2018

IndiGo introduces charges for web check in; draws flak from passengers

While checking in through the website of the carrier, a passenger will have to pay between Rs. 100 and Rs. 800 depending upon the seats selected.

Nov 26, 2018

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Elections, futures settlements expected to roil market week

Top indices could remain range-bound despite smart gains early on as oil and currency volatility persists

Nov 26, 2018

China eats into world's largest natural gas reserve as Total exits Iran's South Pars

Total, whose footprints are writ large in the oil exploration history of the Middle East, was the first western firm to invest in Iran, following the lifting of US sanctions in 2015.

Nov 26, 2018

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'Naresh Goyal willing to dilute stake to 15% to save Jet Airways from crashing'

Goyal is reportedly pursuing a deal under which he would remain the chairman of the airline he founded in 1993.

Nov 26, 2018

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Sensex, Nifty turn choppy as IT, pharma stocks fall

The NSE Nifty too witnessed similar movement and was trading 10.15 points or 0.09 per cent, higher at 10,536.75.

Nov 26, 2018

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Business news

Moody's downgrades Yes Bank ratings amid leadership transition, governance issues

Alibaba's Jack Ma is a Communist Party member, reveals China state paper

GST rate cut benefits: Jump in complaints against FMCG firms

Retaining talent: Infosys doubles pay for 'skilled up' employees

Govt-RBI tussle is far from over; turf war could spill over at Dec 14 meeting

RCom fears DoT bank guarantee push can scupper assets sale deal with Jio

Flipkart co-founder Sachin Bansal eyes comeback with fintech and agri-tech on radar

General Motors shaking things up; to cut 15% jobs, shuts down 5 plants in North America

Sensex, Nifty turn cautious amid weak global cues

Mitsubishi Motors ousts Carlos Ghosn as chairman, days after Nissan firing

IndiGo introduces charges for web check in; draws flak from passengers

Elections, futures settlements expected to roil market week

China eats into world's largest natural gas reserve as Total exits Iran's South Pars

'Naresh Goyal willing to dilute stake to 15% to save Jet Airways from crashing'

Sensex, Nifty turn choppy as IT, pharma stocks fall

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]