Business news

Michael Bloomberg registers as Democrat; running for the White House in 2020?

Former New York City Mayor Michael Bloomberg rejoined the Democratic Party on Wednesday, going back to his political roots weeks before the Nov. 6 congressional elections and amid speculation that he might run for the White House in 2020.

Oct 10, 2018

Delhi consumer commission asks PepsiCo to pay fine of Rs 50 lakh to IPL competition winner

Karishma had won an online game "Pepsi Youngistan Ka Wow" organised by the company during the 2010 Indian Premier League.

Oct 10, 2018

Invest in direct plans of mutual funds to earn higher returns

Most mutual funds available in the market today offer two different types of investment plans - Direct and Regular. Despite the advantages associated with a direct plan, a lot of people end up investing in a regular one.

Oct 10, 2018

Cognizant lays off 200 senior employees to invest in the next generation of techies

Tech Mahindra had recently lowered the retirement age for employees. Tata Consultancy Services has also doubled the salary for freshers to attract the younger generation.

Oct 10, 2018

Bombay Stock Exchange building BSE dalal street

BSE Sensex falls 175 pts; Nifty ends at 10,301 amid rupee volatility, spiraling crude prices

The Indian currency collapsed to a new lifetime low of 74.27 in intra-day trade, raising concerns on the macroeconomic front.

Oct 9, 2018

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

IL&FS mayhem swept off 12.5% of mutual funds wealth; AUM dropped to Rs 22.04 trillion

The numbers show that the mutual fund (MF) industry has lost 12.5 percent or Rs 3.16 trillion worth of investment in the single month.

Oct 9, 2018

Microsoft thwarted attacked against congressional candidates

Microsoft to invest in Singapore-based ride-sharing service Grab

The companies plan to work together on technology projects, in areas including big data and AI, in an attempt to transform the delivery and mobility solutions in Southeast Asia.

Oct 9, 2018

E-commerce giants create lakhs of jobs in India for sale season

The companies have given an impetus to their hiring spree with around 80,000 people being hired by both Flipkart and Amazon in the last few months.

Oct 8, 2018

Yes Bank promoters Rana Kapoor and Madhu Kapur willing to opt for out-of-court settlement

A logical conclusion is likely to remove all the uncertainties surrounding the bank's succession plan which has been affecting the performance of its stock at Dalal Street.

Oct 8, 2018

bombay stock exchange, bse, sensex, nifty, stock markets, sensex gainers, sensex losers, buzzing stocks

Stock market crashing? Sensex likely to drop below 30,000 levels?

Mutual funds have been red hot over the last couple of years, driving the markets to dizzying heights. But there is a loss of steam in this asset class with the Indian investors' newly-found blind trust in funds ebbing away.

Oct 8, 2018

Microsoft's machine learning framework goes open source

Microsoft's cross-platform framework Infer.NET can now be accessible worldwide. Infer.NET was initially envisioned as a research tool and later in 2008 was released for academic use.

Oct 7, 2018

IL&FS cash crunch: National Highways Authority of India may provide interim relief

It is to be noted that IL&FS and its group companies have proceeded loans for key infra projects to NHAI which are stalled due to cash shortage at the group.

Oct 7, 2018

Fresh liquidity for Jet as Etihad to make $35 million cash pre-purchase payment

The plan includes a $35 million cash pre-purchase payment to Jet Airway's frequent flyer programme JPPL ( Jet Privilege Private Ltd), which is majority-owned by Etihad Airways.

Oct 7, 2018

Jet Airways assures livid pilots August salary by October 9 after missing out on September 26 deadline

After missing out on the September 26 deadline, Jet Airways has now assured its pilots that their August salaries would be credited by October 9. The date was finalised after a meeting between the management of Jet Airways and the National Aviator's Guild, which is its domestic pilots' union.

Oct 6, 2018

spicejet q2 results share price gains revenue profit india good bad dgca domestic air traffic worst civil aviation fastest capa plf otp rivals indigo

SpiceJet flight makes emergency landing in Varanasi after Thai national dies on board

Soon after the plane landed the passenger was rushed to a nearby medical facility where he was pronounced dead.

Oct 5, 2018

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Business news

Michael Bloomberg registers as Democrat; running for the White House in 2020?

Delhi consumer commission asks PepsiCo to pay fine of Rs 50 lakh to IPL competition winner

Invest in direct plans of mutual funds to earn higher returns

Cognizant lays off 200 senior employees to invest in the next generation of techies

BSE Sensex falls 175 pts; Nifty ends at 10,301 amid rupee volatility, spiraling crude prices

IL&FS mayhem swept off 12.5% of mutual funds wealth; AUM dropped to Rs 22.04 trillion

Microsoft to invest in Singapore-based ride-sharing service Grab

E-commerce giants create lakhs of jobs in India for sale season

Yes Bank promoters Rana Kapoor and Madhu Kapur willing to opt for out-of-court settlement

Stock market crashing? Sensex likely to drop below 30,000 levels?

Microsoft's machine learning framework goes open source

IL&FS cash crunch: National Highways Authority of India may provide interim relief

Fresh liquidity for Jet as Etihad to make $35 million cash pre-purchase payment

Jet Airways assures livid pilots August salary by October 9 after missing out on September 26 deadline

SpiceJet flight makes emergency landing in Varanasi after Thai national dies on board

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]