Business news

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Online travel booking to get expensive under GST

The Central Board of Excise and Customs has categorised an e-commerce operator as someone who works for or manages the electronic platform for e-commerce, and is allowed to collect 1 percent of the net value of taxable supplies made through it.

Aug 9, 2017

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Airtel gets Rs 2,570 crore from Bharti Infratel stake sale

The deal is aimed at strengthening the telco's cash reserves for investment in infrastructure.

Aug 9, 2017

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J Kumar Infra branded shell company despite bagging Delhi, Mumbai metro projects

The Sebi list of 331 suspected shell companies includes J Kumar Infraprojects, a company that is executing various Delhi, Mumbai metro projects.

Aug 9, 2017

Domino's Pizza to get a boost as Jubilant FoodWorks set to pump in Rs 100 crore

Jubilant FoodWorks will pump in Rs 100 crore in Domino's Pizza to refresh products and packaging this year marking its biggest upgrade in Domino's India so far.

Aug 9, 2017

HDFC Bank exploring refinancing option to build corporate loan book

Term loans constitute about 30 percent of its corporate banking book, which grew by over 20 percent to Rs 125,000 crore in 2016-17.

Aug 9, 2017

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Crude oil prices for India rise by 12% in one month

The Indian basket of crude oil was at $51.60 per barrel on August 8 as against $46.12 almost a month ago.

Aug 9, 2017

Sebi ban on 331 shell companies may hamper investor sentiments

The sudden ruling by Sebi has taken many of these companies and their investors by surprise.

Aug 9, 2017

Titan partners with Amazon to set foot into US markets; may also tap UK, Mexico and Japan

Titan is all set to enter the United States through a partnership with e-commerce giant Amazon's global selling program and also plans to expand to UK and Japan.

Aug 9, 2017

Smart move: Tata Group hiring bankers to revamp business; over 100 units to peter out?

Tata Sons chairman Natarajan Chandrasekaran is hoping to increase the efficiency of the conglomerate and exit from businesses which don't fit the group's priorities.

Aug 9, 2017

Corus buy was a sound business move, says Chandrasekaran

Says Corus acquisition was carried through on board consensus and all communications with Tata Sons were in line with corporate governance processes.

Aug 8, 2017

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Axis Bank follows SBI, Bank of Baroda, reduces interest rate on savings deposits

In a regulatory filing to the BSE, private sector lender Axis Bank said the rate has been slashed by 50 basis points to 3.50 percent.

Aug 8, 2017

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Murthy gets backing of proxy advisory firms on Panaya deal report

Bengaluru-based independent advisory firm Ingovern has shown support to Murthy's stance but has also asked the founders of Infosys for a specific action plan to put the company back on the stability track.

Aug 8, 2017

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Warbug Pincus, others eye stake in Catholic Syrian Bank: Report

After talks with Canadian billionaire Prem Watsa's Fairfax failed to fructify, other PE investors are keen to acquire stake in Catholic Syrian Bank.

Aug 8, 2017

Eros in talks with Apple, Amazon and Netflix to sell film and music library

If the talks fructify, Eros might bag a deal worth $ 1 billion. The sale might also include its digital OTT platform and the streaming portal Eros Now.

Aug 8, 2017

Google fires employee James Damore behind anti-diversity memo

Alphabet Incs Google has fired an employee who wrote an internal memo that ascribed gender inequality in the technology industry to biological differences. James Damore confirmed to several media outlets, including Breitbart, Wired and Bloomberg that he was fired for perpetuating gender stereotypes.

Aug 8, 2017

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Business news

Online travel booking to get expensive under GST

Airtel gets Rs 2,570 crore from Bharti Infratel stake sale

J Kumar Infra branded shell company despite bagging Delhi, Mumbai metro projects

Domino's Pizza to get a boost as Jubilant FoodWorks set to pump in Rs 100 crore

HDFC Bank exploring refinancing option to build corporate loan book

Crude oil prices for India rise by 12% in one month

Sebi ban on 331 shell companies may hamper investor sentiments

Titan partners with Amazon to set foot into US markets; may also tap UK, Mexico and Japan

Smart move: Tata Group hiring bankers to revamp business; over 100 units to peter out?

Corus buy was a sound business move, says Chandrasekaran

Axis Bank follows SBI, Bank of Baroda, reduces interest rate on savings deposits

Murthy gets backing of proxy advisory firms on Panaya deal report

Warbug Pincus, others eye stake in Catholic Syrian Bank: Report

Eros in talks with Apple, Amazon and Netflix to sell film and music library

Google fires employee James Damore behind anti-diversity memo

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]