Business news

Why are telecom stocks rallying even when financials are bleak?

Investors are bullish on telecom stocks such as Airtel and Idea as an incoming oligopolistic market structure will push up revenues and earnings in the long term.

Oct 19, 2017

Vedanta's Anil Agarwal to set up Rs 6,500 crore fund for startups in commodity sector

Once the venture is been set up, this will the first natural resources-focused venture fund established by an Indian industrialist.

Oct 19, 2017

As Diwali drives online sales, e-commerce firms fail to deliver orders in time

Despite deploying temporary recruits, giant e-commerce companies fail to address long delivery delays.

Oct 18, 2017

US MegaBots beat Japan in worlds first-ever giant robot showdown

The much-awaited worlds first-ever giant robot duel was finally streamed online on 17 October. Team USA toppled Japan in the battle that saw the 16ft-tall Eagle Prime by the U.S.-based robotics company MegaBots taking on Japans Suidobashis 13ft-tall Kuratas robot.

Oct 18, 2017

BankBazaar secures Rs 195 crore in Series D funding led by Experian

This recent round of financing brings BankBazaar's total funding amount to Rs 715 crore ($110 million).

Oct 18, 2017

MAS Financial Services Shares trading at 44% premium on listing day

The NBFC's Rs 460 crore initial public offer (IPO) had received an overwhelming response from investors as it was oversubscribed 128.39 times.

Oct 18, 2017

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Airtel to phase out 3G in two years: VoLTE coming soon

Gopal Vittal, chief executive and managing director of Airtel said that the company plans to launch its own VoLTE (a 4G voice network) service by March 2018

Oct 18, 2017

Axis Bank posts disappointing Q2 result; asset quality worsens

Axis Bank's non-performing assets (NPAs) have been rising for the last nine quarters.

Oct 17, 2017

Reliance, BP line up Rs 9,750 crore fund to develop six satellite gas fields

RIL and BP plan to develop four deep sea satellite gas finds in the Krishna Godavari basin.

Oct 17, 2017

Festive season boosts temporary recruitment amid lacklustre economic growth

While the salaries for temporary profiles are unchanged, the demand has however shot up.

Oct 17, 2017

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Dhanteras 2017: Jewellers trying to woo customers back with heavy discounts on gold

Gold is trading at Rs 29,550 level, which is about Rs 1,000 lower than the recent high. Market analysts bet on more correction in coming future which gives investors a good opportunity to invest in gold.

Oct 17, 2017

More companies now shift focus to Aadhaar for easy employee verification process

A leading business services provider, Quess, has hired more than 30,000 employees using Aadhaar verification over the last few months.

Oct 17, 2017

Apple to tap digital payment business in India, partnering local players

Rather than building a new payments solution from scratch, Cue hinted that it would launch Apple Pay in India, it will look for local players to partner and integrate its payment service.

Oct 16, 2017

Flipkart in early talks to buy stake in BookMyShow in push against Paytm

Flipkart wants to invest fresh capital into BookMyShow and also buy shares from some of its investors.

Oct 16, 2017

Vijay Mallya firms had business with company named in Panama Papers, UK probe finds

SFIO said in its report that an overseas subsidiary of United Breweries based in the British Virgin Islands, bought 1.67 crore shares of Kingfisher Airlines, nine days before it got merged with Deccan Aviation for Rs 50.02 crore.

Oct 16, 2017

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Business news

Why are telecom stocks rallying even when financials are bleak?

Vedanta's Anil Agarwal to set up Rs 6,500 crore fund for startups in commodity sector

As Diwali drives online sales, e-commerce firms fail to deliver orders in time

US MegaBots beat Japan in worlds first-ever giant robot showdown

BankBazaar secures Rs 195 crore in Series D funding led by Experian

MAS Financial Services Shares trading at 44% premium on listing day

Airtel to phase out 3G in two years: VoLTE coming soon

Axis Bank posts disappointing Q2 result; asset quality worsens

Reliance, BP line up Rs 9,750 crore fund to develop six satellite gas fields

Festive season boosts temporary recruitment amid lacklustre economic growth

Dhanteras 2017: Jewellers trying to woo customers back with heavy discounts on gold

More companies now shift focus to Aadhaar for easy employee verification process

Apple to tap digital payment business in India, partnering local players

Flipkart in early talks to buy stake in BookMyShow in push against Paytm

Vijay Mallya firms had business with company named in Panama Papers, UK probe finds

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]