Business news

Modi meets US india strategic partnership forum members

FTA with the US? How close is India to clinching the all-important trade deal?

Commerce Minister Piyush Goyal said US trade ambassador Lighthizer concurs with him on the potential of a free trade agreement (FTA) between the two countries.

21 days ago

Infosys starts probe into alleged 'unethical practices' by CEO; shares tank

Infosys shares plunged 16 percent on Tuesday, marking their worst intraday drop in over six years.

21 days ago

Urban Ladder co-founder Rajiv Srivatsa steps down

Founded in 2012, Urban Ladder is present in more than 90 cities, with five offline stores in Bengaluru and Delhi-NCR.

21 days ago

Interview with President & CEO of IMA, Jeffrey Thomson

IBTimes Exclusive: CEO of 100-year-old accounting institute shares golden tips for finance professionals

Here's our exclusive interaction with President & CEO of IMA (Institute of Management Accountants), Jeffrey Thomson, discussing the scope of finance professionals in India.

22 days ago

Infosys techies accuse CEO, CFO of unethical practices

A few anonymous employees of global software vendor Infosys have accused its Chief Executive Officer (CEO) Salil Parekh and Chief Financial Officer (CFO) Nilanjan Roy of unethical practices for many quarters.

22 days ago

Amazon, Flipkart record festival sales euphoria may wither under regulatory fire

DPIIT asks e-commerce giants Amazon and Flipkart to reveal top-five sellers and capital structure following trade body's complaints about foreign direct investment norms violation and deep-discounting worries.

22 days ago

FM Sitharaman pitches special plan for firms fleeing China

Is India the new China? Sitharaman eyes blueprint for firms fleeing trade war

Finance Minister Sitharaman says a 'blueprint' to attract investment deserting China over trade tensions with the US will have importance beyond the current crisis.

23 days ago

India to beat US in global economic growth share by 2024; China to remain at top

India will be among 20 nations dominating global growth in 2024 in nominal terms, IMF data show.

23 days ago

Huawei in early talks with US firms to license 5G platform: Huawei executive

Vincent Pang, senior vice president and board director at the company said some firms had expressed interest in both a long-term deal or a one-off transfer.

23 days ago

FDA finds traces of Asbestos: Johnson & Johnson recalls 33,000 bottles of Baby Powder

J&J is voluntarily recalling the lot, #22318RB, which consists of 33,000 bottles and has urged the customers who bought the product not to use them.

24 days ago

ED raids premises of DHFL promoters in money laundering case

Mirchi died in 2013. The ED had on October 11 arrested two of his associates -- Haroon Yusuf and Ranjit Singh Bindra -- for felicitating a land deal worth Rs 200 crore.

24 days ago

How the Singh brothers stripped Religare bare of Rs 3,000 crore

Former Foris Health Care promoters, Malvinder Mohan Singh and Shivinder Mohan Singh, who were arrested for misappropriating funds of Religare Finvest, sought for interim bail as they want to settle the case with the complainant.

24 days ago

IMF praises India's corporate tax cut; calls it positive impact on economy

The funding body went on to say that while this has a positive impact, India should also consider the fiscal consolidation, address it and secure long-term stability of the fiscal conditions.

24 days ago

Amid sluggish growth in core business, Ola introduces self-drive car rentals in Bengaluru

Ola's entry into the self-driving business with its deep pocket may disrupt the market which is largely dominated by three players including Zoomcar, Drivezy, and Revv.

25 days ago

Can India tide over economic crisis that may be worse than the 2008 recession?

Goldman Sachs believes the liquidity issue that NBFCs fuelled is only part of the story as the consumption fall is responsible for a third of the overall slump that began snowballing from January 2018.

25 days ago

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Tis Hazari clash footage to be preserved: Delhi court directs police

9 hours ago