Business news

SBI, ICICI Named as 'Too Big To Fail' Banks by RBI

The capital requirement for SBI and ICICI Bank will rise by 0.6% and 0.2% respectively for being identified as SIBs.

Sep 1, 2015

Snapdeal Will Pip Flipkart as India's Top Online Retailer by March 2016: Kunal Bahl

Snapdeal's challenge to Flipkart indicates an intensifying rivalry to dominate the fast growing e-commerce sector in the country.

Aug 31, 2015

Infosys to Build 3 More Campuses in Bengaluru, Create 27,000 Jobs: Karnataka CM Siddaramaiah

The three projects were approved at a meeting of the State High Level Clearance Committee (SHLCC) on Saturday

Aug 31, 2015

Cognizant Irked With TCS for Preponing Campus Recruitment: Report

"We are doing what we have done in the past," says a TCS spokesperson.

Aug 31, 2015

A Third of BSE 500 Stocks Now Trade at Manmohan Era Levels

Stock prices of over 10% of companies in the index have now been reduced to half in the past 15 months.

Aug 31, 2015

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Pentagon teams up with Apple and Boeing to develop wearable tech

US Defence Secretary Ash Carter awarded $75m (£48.7m) on 28 August, to help a consortium of high-tech firms and researchers develop electronic systems packed with sensors flexible enough to be worn by soldiers or moulded onto the skin of a plane.

Aug 29, 2015

Crude Oil Prices 'Unlikely to Repeat' Rally Witnessed During Jan-April This Year: Commerzbank

Prices went up to as high as $70 per barrel during those months, rebounding by 50% from a low of $46

Aug 28, 2015

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McDonalds and Tyson Foods drop farm after video shows animal cruelty

McDonalds and Tyson Foods both severed ties with a Tennessee farm on 27 August, after an undercover video shot by animal rights activists was released that shows purported farm employees stabbing, clubbing and stomping on chickens.

Aug 28, 2015

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