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Bombay Stock Exchange (BSE)

Max calls off merger with HDFC Standard Life Insurance

The confirmation comes days after the insurer's parent HDFC said it will offload 9.5 percent through an initial public offering. Jul 31, 2017
budget 2017, income tax, tax planning, tax calculation, exemption, section 80c, personal finance

Few more days: Deadline for filing income tax returns extended to August 5

The primary reason for the extension in deadline is understood to be technical snag developed due to the last-minute rush by tax filers. Jul 31, 2017
snapdeal, snapdeal cofounders, snapdeal sale, snapdeal merger with flipkart, snapdeal binny bansal, snapdeal kunal bahl, softbank, snapdeal investors

Snapdeal 2.0: Here's how the stripped-down version aims to turn profitable

Snapdeal now plans to go ahead with its 'Plan B' and pivot its company into a Taobao kind of an open marketplace set-up, Business Standard reported. Jul 31, 2017
tata group bombay house ratan tata cyrus mistry removal tata sons companies market cap going by tcs tata motors steel voltas london europe speculation successor

Unity move: Tata Group to consolidate defence, financial, infra arms

Tata's defence businesses clocked in a revenue of Rs 2,650 crore in fiscal 2016, an increase of 7.5 percent from the year earlier. Jul 31, 2017
jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Are you an expat pilot with Jet Airways? You won't be for long

Jet Airways is said to be phasing out expatriate pilots from its flights after an expat pilot was accused of hurling racial abuses and assaulting a woman on a Chandigarh-Mumbai flight in April. Jul 31, 2017
Sachin Bansal

Will Flipkart's new brand 'Billion' shake up e-commerce biz in India?

The central idea behind the brand is to offer products designed specifically for Indian shoppers, who Bansal thinks aren't served satisfactorily by most of the existing brands across product categories. Jul 31, 2017
cars, car sales, domestic car sales, gst on cars, auto industry, traffic

Maruti Suzuki likely to post upbeat July car sales, says Nirmal Bang

Maruti Suzuki, Tata Motors, Ashok Leyland and Hero Motocorp are likely to report mixed growth rates or drop in volume sales for July, the first month of GST implementation. Jul 31, 2017
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State Bank of India shares spurt after lender cuts interest rate on savings deposits

The country's largest lender State Bank of India slashed interest rate on savings bank deposits to 3.5 percent from 4 percent, resulting in share prices rising sharply. Jul 31, 2017
mercer survey 2017 salary increase jobs recruitment hiring india

Tech Mahindra trades flat ahead of June quarter results; Sensex up over 100 points

IT software services company Tech Mahindra will be declaring its June quarter (Q1) results on Monday. Jul 31, 2017
Infosys

EdgeVerve head Anirban Dey quits; Infosys in need of a retention plan stat!

Anirban Dey, the global head and chief business officer of Edge products at EdgeVerve, Infosys Ltd's products and platforms unit, has resigned and is currently serving notice period. Jul 31, 2017
Income tax

Hardware glitch: As deadline for filing I-T returns nears, snag hits portal

The site has not crashed. The technical team is working on it and it should be up and running shortly, says CBDT official. Jul 30, 2017
Tata Sons

Turning around Tata Motors domestic business need of the hour: N Chandrasekaran

Guenter Butschek said: "Our immediate priority now is on execution -- to address the top concerns of supply constraints, advance the launch time of some of our new products." Jul 30, 2017
infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

Infosys to put Europe to work, hire locals in next investment push

The European business expanded 4.7 per cent during the June quarter as Infosys witnessed broadbased growth across sectors. Jul 30, 2017
ITC

Bring on the pomegranate: ITC to foray into fruits, vegetables and perishables market

The fruits and vegetable under the new brand will also be sold online, first via sellers like BigBasket, and later on other platforms. Jul 30, 2017
supermarket

Celebs to be held responsible for ads? New law to let consumers file class-action suits

India is all set to get a new consumer protection law that will give the common buyer several facilities that people in the fast-growing economy need. Read to know more. Jul 29, 2017
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