Business news

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 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

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

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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

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

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

The British Prime Ministers UN address focused on stopping the spread of terrorism through use of the internet.

Sep 21, 2017

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

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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P2P lending firms to be treated as NBFCs: RBI

The notification is a precursor to the guidelines the apex bank is likely to lay down soon for the regulation of P2P lending in India.

Sep 20, 2017

Tata Steel joins hands with Thyssenkrupp to build Europe's second largest steel enterprise

Tata plants in Netherlands and the UK will be combined with Thyssenkrupp's German assets.

Sep 20, 2017

Mahindra takes it up a notch; acquires Erkunt Traktor, unveils driverless tractor

Erkunt, established in 2003, is a Turkish tractor brand in Ankara.

Sep 20, 2017

SBI Life's Rs 8,400 crore IPO hits capital market; here's what brokerages say

Market analysts believe that the stock is fairly valued and advice subscribing to the issue due to its strong distribution network, brand value, superior product mix and healthy growth.

Sep 20, 2017

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Trai cuts cross-network connection charge: Advantage Jio, more worry for Airtel and Vodafone-Idea

While cutting the IUC, rate the authority added that the termination rates will be abolished from January 1, 2020.

Sep 20, 2017

Visa lifeline for IT: US H-1B premium visa processing is back on the rails

Premium processing has also been resumed for the annual 20,000 additional petitions set aside for workers with US higher educational degrees.

Sep 19, 2017

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Business news

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

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

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

Shareholders wave the green flag, Tata Sons to go private

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

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

Theresa May urges tech firms to stop spread of extremism online

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

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

P2P lending firms to be treated as NBFCs: RBI

Tata Steel joins hands with Thyssenkrupp to build Europe's second largest steel enterprise

Mahindra takes it up a notch; acquires Erkunt Traktor, unveils driverless tractor

SBI Life's Rs 8,400 crore IPO hits capital market; here's what brokerages say

Trai cuts cross-network connection charge: Advantage Jio, more worry for Airtel and Vodafone-Idea

Visa lifeline for IT: US H-1B premium visa processing is back on the rails

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]