Business news

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Sensex fired up by SLR cut, RBI's 'dovish' stance

Optimism that RBI's inflation projections will lead to future rate cuts; NSE soars briefly to lifetime high on bank, metal stocks

Jun 8, 2017

TCS shares crash after Nomura, Nirmal Bang downgrade; Sun Pharma, Tata Steel, Dr Reddy's Labs gain

Nomura has a target price of Rs 2,200 and Nirmal Bang Institutional Equities, Rs 1,996.

Jun 8, 2017

Reliance Nippon Life Asset Management, Sundeep Sikka

Reliance Nippon Life Asset Management to be listed in bourses

RNAM is the asset manager to Reliance Mutual Fund and will be the first among the top three players in the asset management sector to list its shares on exchanges.

Jun 8, 2017

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Yes Bank gets shareholder nod to raise Rs 20,000 crore

The approval came at the 13th annual general meeting of the bank held on Tuesday in Mumbai.

Jun 7, 2017

Piramal Finance lends Rs 1,100 crore to Embassy Group

The funding has been done across residential and commercial projects in Bangalore, Chennai and Hyderabad.

Jun 7, 2017

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IT stocks fall after Infosys COO Pravin Rao's comment on IT spend by clients; Sensex flat ahead of RBI policy meet

In an interview, Infosys COO Pravin Rao that clients are likely to slash their IT spend sharply, triggering a fall in share prices of Wipro, Infosys, TCS, Tech Mahindra.

Jun 7, 2017

ICICI Bank yet to respond to Rs 48 crore loss caused by NDTV's Prannoy and Radhika Roy

ICICI Bank's agreeing to foreclose a loan taken by Prannoy Roy, his wife Radhika Roy and their company, RRPR Holdings Pvt Ltd. Led to a Rs 48 crore loss, says CBI.

Jun 6, 2017

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Interesting facts about Prannoy Roy's news channel NDTV, its journalists and alleged irregularities

News channel NDTV's promoter Prannoy Roy's residence was raided by CBI for 'irregularities' in ICICI Bank matter; here is a look at the channel, its directors, share price, appointment of journalists.

Jun 6, 2017

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Gautam Adani backs go-ahead for $4 billion Australia coal mine

The company's decision "is a vote of confidence not just in the Queensland economy, but in Queensland people", Queensland Premier Annastacia Palaszczuk said.

Jun 6, 2017

Infosys, TCS, Wipro, HCL Technologies gain sharply; more about CBI raids on NDTV case first exposed in December 2010

TCS, Infosys, HCL Technologies, Tech Mahindra and Wipro rally; fresh revelation in NDTV ICICI Bank case first exposed by Modi minister M J Akbar.

Jun 6, 2017

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FACTBOX: Business impact of Qatar-Gulf rift

Here are some business deals that have either been affected by the rift or could be affected.

Jun 5, 2017

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GST: Smokescreen with a lot of fire?

The additional cost of GST could negatively impact consumer price inflation and the ability of companies to pass on tax benefits to their consumers.

Jun 5, 2017

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Crude oil prices rise marginally after Gulf countries snap ties with Qatar

Saudi Arabia, Bahrain, Egypt and UAE severed diplomatic ties with Qatar on Monday for its alleged links with Al-Qaeda and ISIS, impacting crude oil prices.

Jun 5, 2017

Wipro offshore employees get 5% salary hike; company denies stake sale rumours

The salary hike for offshore Wipro employees was 9.5 percent last year as against 5 percent this year effective from June 1.

Jun 5, 2017

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

Wipro chairman Azim Premji's took home Rs 79 lakh in FY17 as compared to Rs 2.17 crore in FY16, and this time the drop could be due to the chairman not being paid commission.

Jun 5, 2017

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Business news

Sensex fired up by SLR cut, RBI's 'dovish' stance

TCS shares crash after Nomura, Nirmal Bang downgrade; Sun Pharma, Tata Steel, Dr Reddy's Labs gain

Reliance Nippon Life Asset Management to be listed in bourses

Yes Bank gets shareholder nod to raise Rs 20,000 crore

Piramal Finance lends Rs 1,100 crore to Embassy Group

IT stocks fall after Infosys COO Pravin Rao's comment on IT spend by clients; Sensex flat ahead of RBI policy meet

ICICI Bank yet to respond to Rs 48 crore loss caused by NDTV's Prannoy and Radhika Roy

Interesting facts about Prannoy Roy's news channel NDTV, its journalists and alleged irregularities

Gautam Adani backs go-ahead for $4 billion Australia coal mine

Infosys, TCS, Wipro, HCL Technologies gain sharply; more about CBI raids on NDTV case first exposed in December 2010

FACTBOX: Business impact of Qatar-Gulf rift

GST: Smokescreen with a lot of fire?

Crude oil prices rise marginally after Gulf countries snap ties with Qatar

Wipro offshore employees get 5% salary hike; company denies stake sale rumours

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

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]