Business news

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Infosys executives Abdul Razack and Pervinder Johar quit in fresh blow to IT giant

While this could be a part of new chairman Nandan Nilekani's restructuring plan, Abdul Razack and Pervinder Johar's resignations have raised quite some eyebrows.

Oct 14, 2017

Insolvency: Jaypee Infra wants to sell Yamuna Expressway for Rs 2,500 crore

As of 31 March 2017, consolidated debt of the company stood at Rs 7,922 crore with a negative interest coverage ratio.

Oct 13, 2017

Reliance Industries Q2 net profit rises 12.8%, Jio posted loss of Rs 271 crore

On a standalone basis, the company reported a net profit of Rs 8,265 crore, up 7.28 percent for the quarter ended September 2017.

Oct 13, 2017

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Nifty hits all-time high of 10,191, Sensex gains 300 points as inflation holds

Annual consumer price inflation rose to 3.28 percent in September from a year earlier, in line with August number.

Oct 13, 2017

Is Modi govt planning to bring real estate under GST? How will it benefit home buyers?

Economists and market analysts opined that real estate has seen the highest tax evasion among all business sectors and need to be regulated in a structured manner.

Oct 13, 2017

Airtel gets Tata's billion-dollar business almost for FREE

It's a debt-free cash-free deal, where the Bharti Airtel will get 40 million Tata customers, absorb Tata Teleservices's operations across the country in nineteen circles.

Oct 13, 2017

Airtel acquiring Tata Teleservices takes us closer to oligopoly: Cheap service, net neutrality at stake?

Airtel acquiring Tata Teleservices could put cheap calls and data, as well as net neutrality at stake as the Indian telecom sector moves towards an oligopoly. Read to know more.

Oct 12, 2017

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TCS net up 8.4% quarterly in Q2

Revenue at $4,739 million in Q2 was up 3.2 percent from $4,591 million a quarter ago and 8.3 percent up from $4,374 million a year ago.

Oct 12, 2017

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Deal done! Bharti Airtel to acquire Tata Teleservices

The proposed merger will include transfer of all the customers and assets of Tata CMB to Bharti Airtel, further augmenting Bharti Airtel's overall customer base and network.

Oct 12, 2017

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Nifty PSU Bank index in correction mode, hits 9-month low

The Nifty PSU Bank index hit an intra-day low of 2,995.30 on Thursday, lowest since January.

Oct 12, 2017

Monsanto settles GM cotton dispute with 3 Indian seed firms

The dispute sparked a series of government actions that prompted the world's biggest seed company to withdraw from some businesses in India, one of the world's most important seed markets

Oct 12, 2017

Dow Jones says Google was buying Apple, later apologises citing 'technical error'

The company further ensured that all erroneous headlines would be pulled out from the newswires with immediate effect.

Oct 11, 2017

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Travelling during Diwali? Take a flight as tickets get cheaper

Every festival season air fares go up and it unique ritual every year. This year it went the other way round. Due to lean season this year airlines forced to offer discount to make up for losses.

Oct 11, 2017

GIC Re IPO opens today; most brokerages give buy recommendations

The brokerages have given subscribe recommendations citing well-managed investment book and robust balance sheet.

Oct 11, 2017

You can always go home: Reliance Communications to re-absorb 4,000 staffers after Ericsson deal debacle

RCom and Ericsson decided to sever ties over non-payment of dues to the latter, amounting to approximately Rs 1,150 crore and now 4,000 employees are set to rejoin Reliance Communications.

Oct 11, 2017

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Business news

Infosys executives Abdul Razack and Pervinder Johar quit in fresh blow to IT giant

Insolvency: Jaypee Infra wants to sell Yamuna Expressway for Rs 2,500 crore

Reliance Industries Q2 net profit rises 12.8%, Jio posted loss of Rs 271 crore

Nifty hits all-time high of 10,191, Sensex gains 300 points as inflation holds

Is Modi govt planning to bring real estate under GST? How will it benefit home buyers?

Airtel gets Tata's billion-dollar business almost for FREE

Airtel acquiring Tata Teleservices takes us closer to oligopoly: Cheap service, net neutrality at stake?

TCS net up 8.4% quarterly in Q2

Deal done! Bharti Airtel to acquire Tata Teleservices

Nifty PSU Bank index in correction mode, hits 9-month low

Monsanto settles GM cotton dispute with 3 Indian seed firms

Dow Jones says Google was buying Apple, later apologises citing 'technical error'

Travelling during Diwali? Take a flight as tickets get cheaper

GIC Re IPO opens today; most brokerages give buy recommendations

You can always go home: Reliance Communications to re-absorb 4,000 staffers after Ericsson deal debacle

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]