Business news

French regulator ANSM finds lapses at Biocon plant, stock falls 9%

Until the drug product facility gets clearance on a follow-up review, Biocon will not get marketing approval for its biosimilars.

Jul 10, 2017

Paytm Mall to hire 2,000 employees in 2017 in a bid to up its e-commerce game

Apart from its plans to hire 2,000 workers, Paytm Mall has also moved about 800 employees from its digital payments platform Paytm.

Jul 10, 2017

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Good in parts: Break-up of Air India an option as Modi pushes speedy sale

Modi's office has set a deadline of early next year to get the sale process for Air India underway

Jul 9, 2017

Tax dues: Income tax department to attach shares if Cairn doesn't cough up Rs 10,395 crore

In a notice, the Income Tax Department has given the British firm 15 days to repay or face attachment of shares.

Jul 9, 2017

Hand 'em over: Narendra Modi meets Theresa May, urges extradition of Vijay Mallya-like runaways

Liquor baron Vijay Mallya is sought by India after his doomed airline Kingfisher defaulted on several bank loans amounting to nearly Rs 9,000 crore.

Jul 8, 2017

Bad carma: Tata Motors to drive Nano out of domestic market

In future, the Tata Nano will be targeted at specific export markets depending on demand, company says.

Jul 8, 2017

India Inc Vs Investments: Capital expenditure growth hits 25-year low

The investment drought is being led by domestic private sector companies, in complete contrast to their behaviour in the past.

Jul 8, 2017

Paradigm shift? Companies prefer generalists, freelancers over specialists and regular workers

Hiring experts have said that a large number of employers these days shortlist candidates who are generalists and not specialists, especially for entry level jobs.

Jul 8, 2017

Cash-strapped Venezuela offers India's ONGC oil stake

Petroleos de Venezuela SA has proposed selling a 9 percent stake in the San Cristobal field to ONGC Videsh, a subsidiary of India's state-owned top explorer Oil and Natural Gas Corp.

Jul 8, 2017

Interview with Freecharge COO Govind Rajan

Will Axis Bank overtake Bank of Baroda and Paytm to acquire Freecharge?

Axis Bank is currently conducting due diligence and while neither the bank nor Snapdeal has commented on it, the deal if it goes through might be worth about $100 million.

Jul 8, 2017

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Tech Mahindra Layoff: Anand Mahindra apologises to employee asked to resign by 10 am

Anand Mahindra's apology comes after an unnamed employee was asked to leave with immediate effect and his recorded conversation with the HR representative went viral online.

Jul 8, 2017

Sebi seeks details of IDFC-Shriram Capital mega merger

Market regulator seeks details of trade patterns corresponding to the price movements of the respective company stocks.

Jul 7, 2017

Infosys to hire 2,000 employees at its North Carolina innovation hub

The firm had earlier said that it would start four technology hubs in the country and hire 10,000 local workers. The North Carolina hub is the second one of the four hubs.

Jul 7, 2017

7th Pay Commission notified: Maximum HRA hiked from Rs 27,000 to Rs 60,000 for now

HRA shall not be less than Rs 5,400 per month, HRA rate to be raised to Rs 75,000 when DA crosses 50 percent.

Jul 7, 2017

India, Israel launch $40-million innovation fund

Each country will allocate $4 million per year over a five-year period for the fund's activities

Jul 7, 2017

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Business news

French regulator ANSM finds lapses at Biocon plant, stock falls 9%

Paytm Mall to hire 2,000 employees in 2017 in a bid to up its e-commerce game

Good in parts: Break-up of Air India an option as Modi pushes speedy sale

Tax dues: Income tax department to attach shares if Cairn doesn't cough up Rs 10,395 crore

Hand 'em over: Narendra Modi meets Theresa May, urges extradition of Vijay Mallya-like runaways

Bad carma: Tata Motors to drive Nano out of domestic market

India Inc Vs Investments: Capital expenditure growth hits 25-year low

Paradigm shift? Companies prefer generalists, freelancers over specialists and regular workers

Cash-strapped Venezuela offers India's ONGC oil stake

Will Axis Bank overtake Bank of Baroda and Paytm to acquire Freecharge?

Tech Mahindra Layoff: Anand Mahindra apologises to employee asked to resign by 10 am

Sebi seeks details of IDFC-Shriram Capital mega merger

Infosys to hire 2,000 employees at its North Carolina innovation hub

7th Pay Commission notified: Maximum HRA hiked from Rs 27,000 to Rs 60,000 for now

India, Israel launch $40-million innovation fund

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]