Business news

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Avenue Supermarts closes 114% higher to issue price; Eros, MRF, Grasim hit new 52-week high

Retail chain D-Mart's parent company Avenue Supermarts ended up at Rs 640; Eros, MRF, Gujarat Gas, Grasim scaled fresh 52-week highs.

Mar 21, 2017

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PVR Cinemas launches India's first HP virtual reality lounge

The VR lounge-- inaugurated by Bollywood heartthrob Ranbir Kapoor-- will allow movie-goers to experience a new dimension of entertainment while they wait for their film to begin.

Mar 21, 2017

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Kajal Aggarwal makes interesting comments on 'overexposure'; MF investors would agree

Data released by Amfi reveals retail investors are exercising caution when it comes to equity MFs; actress Kajal Aggarwal talks of "overexposure", though in a different context.

Mar 21, 2017

Salary hike for Infosys, TCS, Wipro, Tech Mahindra employees this year will be interesting to watch

Headwinds such as stricter norms for H-1 B visas, global uncertainty, rising rupee and lower pace of revenue growth are likely to reflect in pay hike for Indian IT companies this year.

Mar 20, 2017

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SpiceJet most punctual airline in February: DGCA

SpiceJet, the domestic economic airline, performed best at the Hyderabad airport and worst at the Bengaluru airport.

Mar 20, 2017

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Vodafone India, Idea Cellular merger: Good for promoters, employees face bleak future

Given the consolidation wave, especially the latest Vodafone-Idea Cellular and the earlier Telenor-Bharti Airtel, the inevitable job cuts would affect those working at call centres and support functions.

Mar 20, 2017

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Cognizant to lay off thousands of employees

American IT company Cognizant is planning to lay off more than 5,000 employees; the company has 2.44 lakh employees globally, including 1.50 lakh in India.

Mar 20, 2017

Idea Cellular shares trim losses, yet 7.4% down post merger announcement with Vodafone

Vodafone will hold 45 percent stake and Idea Cellular 26 percent in the merged entity that will dethrone Bharti Airtel as the largest Indian telecom service provider; shares of Idea Cellular are down 7.3 percent after early gains.

Mar 20, 2017

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ITC shareholders gain Rs 21,850 crore during the week from GST boost

Market capitalisation of cigarette maker ITC saw spurted after the GST announced a cap on mess, allaying fears of investors. TCS maintained its top status.

Mar 18, 2017

Boeing plans to lay off about 500 workers

A person familiar with the notices said this latest round of cuts in May would affect fewer than 500 staff.

Mar 18, 2017

Delhi: Airbus to set up its first Asia training centre for aircraft pilots at Aerocity

The Airbus India Training Centre at Aerocity in New Delhi will be built in a modular concept in order to become operational by end-2018 with two A320 full flight simulators.

Mar 17, 2017

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ShopClues unveils surety programme to enhance shopping experience

The service is in addition to the ShopClues Buyer Protection program.

Mar 17, 2017

ITC flares up on cess cap news; Music Broadcast sheds gains after listing

Shares of cigarette maker ITC flare up on BSE after the GST Council capped cess at 290 percent; Music Broadcast loses steam after listing while IT stocks gain.

Mar 17, 2017

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Snap shares drop 4 percent, fall below $20 for the first time

Snap, the company that owns photo-sharing mobile app Snapchat, this month pulled off the hottest technology offering in three years, but after two days of gains its stock has steadily retreated.

Mar 17, 2017

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How Rs 950 invested in Infosys in 1993 IPO is now worth over Rs 50 lakh

Indian IT services company Infosys came out with its IPO in February 1993 and has declared many bonus issues since then, resulting in huge wealth creation. Infosys founders include Narayana Mirthy, Nandan Nilakeni, K Dinesh, Shibulal, Kris Gopalakrishnan,

Mar 16, 2017

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Business news

Avenue Supermarts closes 114% higher to issue price; Eros, MRF, Grasim hit new 52-week high

PVR Cinemas launches India's first HP virtual reality lounge

Kajal Aggarwal makes interesting comments on 'overexposure'; MF investors would agree

Salary hike for Infosys, TCS, Wipro, Tech Mahindra employees this year will be interesting to watch

SpiceJet most punctual airline in February: DGCA

Vodafone India, Idea Cellular merger: Good for promoters, employees face bleak future

Cognizant to lay off thousands of employees

Idea Cellular shares trim losses, yet 7.4% down post merger announcement with Vodafone

ITC shareholders gain Rs 21,850 crore during the week from GST boost

Boeing plans to lay off about 500 workers

Delhi: Airbus to set up its first Asia training centre for aircraft pilots at Aerocity

ShopClues unveils surety programme to enhance shopping experience

ITC flares up on cess cap news; Music Broadcast sheds gains after listing

Snap shares drop 4 percent, fall below $20 for the first time

How Rs 950 invested in Infosys in 1993 IPO is now worth over Rs 50 lakh

Ranbir Kapoor-SRK to make cameo appearance in Aryan Khan's debut web series Stardom [details]

"Shame on you": Nawazuddin Siddiqui's ex-wife Aaliya finds love again; shares picture with beau, trolled

"Kejriwal did not stop"; Delhi BJP accuses CM of 'insulting' national anthem [details]