Business news

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Wilful defaulters owe 27% of total outstanding loans to SBI alone

As many as 1,762 defaulters owe State Bank of India a staggering amount of Rs 25,104 crore.

Aug 20, 2017

Talks fail, banks going ahead with August 22 strike

Not happy with government's response to protests against bank consolidation and corporate NPAs.

Aug 20, 2017

Who will succeed Vishal Sikka? Finding next Infosys chief won't be easy

Infosys is likely to pick an insider to succeed Sikka, even that won't be easy for the board.

Aug 20, 2017

GST return filing date extended till August 25

Traders across the country faced problems on Saturday due to the technical snag and could not file GST returns.

Aug 20, 2017

7 products Apple probably wish theyd never made

Apple doesnt always get it right.

Aug 19, 2017

Law suits chase the bear's shadow: 3 US firms to sue Infosys over investor losses after Sikka exit

The firms intend to investigate potential securities claims on behalf of Infosys shareholders arising from allegations that it may have issued materially misleading business information.

Aug 19, 2017

Crash course: GST website back on line after buckling under filing stampede

The last date for businesses to file the GSTR-3B form for July is 20 August.

Aug 19, 2017

Concrete takeover: Indians beat Arabs in buying London property

Indian buyers took advantage of changes made in 2015 to the Liberalized Remittance Scheme in India that led to a rise in the amount of capital buyers can bring into the UK to $250,000 per person.

Aug 19, 2017

Software services exports lowest in 7 years, protests in Hyderabad against mass IT layoffs

India's software services exports slumped to the lowest in seven years which could blow the current account deficit to the widest since 2013 and add further pressure to the rupee.

Aug 19, 2017

Infosys board clears Rs 13,000-crore share buyback at Rs 1,150 apiece

The tech bellwether expects the buyback to push higher return on equity and serve as an opportunity to put its cash holdings to good use.

Aug 19, 2017

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Is this the real reason Jet Airways asked its pilots to take a salary cut?

Airline officials have now said that Jet Airways may have asked its pilots to take a salary cut after overestimating their pilot requirement and hiring more than necessary.

Aug 19, 2017

The unlikely Infosys: Board outrage drowns out distraction; and, discretion

A post-Sikka Infosys will need room for shareholder activism even if its board feels that co-founder Narayana Murthy has a 'My way or the highway' attitude.

Aug 18, 2017

Vishal Sikka's exit erodes Rs 22,000 crore of Infosys' market value

The company market value dropped to Rs 2.12 lakh crore from Rs 2.34 lakh crore as of Thursday's close.

Aug 18, 2017

Did IndiGo really cancel 84 flights over engine issues? Airline clarifies

IndiGo was forced to ground 13 planes over issues with its Pratt & Whitney engines.

Aug 18, 2017

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Narayana Murthy hits back at Infosys board, says 'extremely anguished by allegations'

It is below my dignity to respond to such baseless insinuations, says Narayana Murthy.

Aug 18, 2017

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Business news

Wilful defaulters owe 27% of total outstanding loans to SBI alone

Talks fail, banks going ahead with August 22 strike

Who will succeed Vishal Sikka? Finding next Infosys chief won't be easy

GST return filing date extended till August 25

7 products Apple probably wish theyd never made

Law suits chase the bear's shadow: 3 US firms to sue Infosys over investor losses after Sikka exit

Crash course: GST website back on line after buckling under filing stampede

Concrete takeover: Indians beat Arabs in buying London property

Software services exports lowest in 7 years, protests in Hyderabad against mass IT layoffs

Infosys board clears Rs 13,000-crore share buyback at Rs 1,150 apiece

Is this the real reason Jet Airways asked its pilots to take a salary cut?

The unlikely Infosys: Board outrage drowns out distraction; and, discretion

Vishal Sikka's exit erodes Rs 22,000 crore of Infosys' market value

Did IndiGo really cancel 84 flights over engine issues? Airline clarifies

Narayana Murthy hits back at Infosys board, says 'extremely anguished by allegations'

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]