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Afraid of the stock market? That could cost you Rs 40 lakh in 15 years

Avoiding investing in stocks out of irrational fears about market volatility will come at a big opportunity cost. Sep 22, 2017
sbi, sbi arundhati bhattacharya, sbi share price, sbi chairperson

SBI launches bond series index at London Stock Exchange

State Bank of India has launched the new index series in partnership with FTSE Russell to enable investors to track Indian bond movement Sep 22, 2017
Bombay Stock Exchange (BSE)

Sensex drops 447 points on rupee slipping to 4-month low

The rupee fell 31 paise to 65.12 against the dollar, its lowest level since May 23 in early trade at forex market. Sep 22, 2017
Merger

PSB consolidation: Dena Bank, Vijaya Bank enter into merger talks

The merger was initiated keeping in mind the geographical reach of both banks -- Vijaya Bank in southern India, and Dena Bank in the west. Sep 22, 2017
Uber names new CEO pick

Uber stripped of its licence to operate in London over safety and security concerns

London's transport regulator has stripped Uber of its licence to operate from the end of September 2017. Read to know more. Sep 22, 2017
piyush goyal, modi ministers, 3 years of modi govt, international solar alliance, piyush goyal visit to germany

IPO plans of IRCTC, IRFC may go off the rails for now

In the case of IRCTC, it is the service charge issue, and in IRFC's case, it is about deferred tax liabilities. Sep 22, 2017
Baba Ramdev and Acharya Balkrishna

In a first, Baba Ramdev's Patanjali to tap equity-linked fund to raise Rs 1000 crore

Currently the company has 50 manufacturing units and it is planning to scale up production at its existing facilities in Maharashtra, Assam, Andhra Pradesh. Sep 22, 2017
NDTV

NDTV denies reports of SpiceJet owner Ajay Singh picking up majority stake

Promoter shareholding in NDTV as of June 2017 stood at 61.45 percent, while the remaining 38.55 percent is held by the public. Sep 22, 2017
Arun Jaitley

Getting fiscal: Govt to push Rs 50,000-crore stimulus package to turbocharge growth

The move could widen the fiscal deficit, but it is a risk the government will take to tackle slowing growth. Sep 21, 2017
tata sons mistry ratan cyrus tata hr group row turmoil tata sons holding company ouster removal tata group problems allegations

Shareholders wave the green flag, Tata Sons to go private

AGM also discusses giving voting rights to preferential shareholders of Tata Group. Sep 21, 2017
SBI

Cheque books, IFSC codes of six banks will be invalid after September 30: SBI

Users can avail the new cheque books via Internet and mobile banking, ATMs or by visiting the home branch, the lender said. Sep 21, 2017
lay off

Yes Bank slashes 12% of its workforce citing digitisation, poor performance

A bank insider said that the lender will continue to cut jobs even in the near future to reduce redundancy, while attracting top talent for key growth functions. Sep 21, 2017
Theresa May urges tech firms to stop spread of extremism online

Theresa May urges tech firms to stop spread of extremism online

The British Prime Ministers UN address focused on stopping the spread of terrorism through use of the internet. Sep 21, 2017
Cyrus Mistry

Silver lining: Cyrus Mistry's firms get NCLAT go-ahead to challenge Tata Sons

A NCLAT bench headed by Justice SJ Mukhopadhaya has asked NCLT to dispose of the matter in three months. Sep 21, 2017
Janet Yellen

Sensex tanks 180 pts, rupee hits 10-week low as US Fed holds interest rate

The US central bank further said that in October, it would start reducing it's approximately $4.2 trillion in holdings of US Treasury bonds and mortgage-backed securities. Sep 21, 2017
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