Business news

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IT layoffs: Pessimism, fear grips employees; mid-level staff most vulnerable

A survey covering 11,000 IT employees by a business newspaper throws up many interesting insights into the context of job cuts.

Jun 2, 2017

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Sensex, Nifty close at record highs; Hero Motocorp, Wipro, Cipla, Adani Ports lead rally

On Friday, benchmark indices BSE Sensex and NSE Nifty closed at record highs, led by Wipro, Hero Motocorp, Cipla and Adani Ports.

Jun 2, 2017

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IT layoffs: Tech Mahindra, Wipro employees take cue from Cognizant counterparts, petition Karnataka govt via trade union FITE

Four Tech Mahindra employees and one from Wipro approached trade union FITE, which in turn had submitted their grievances to Karnataka government.

Jun 2, 2017

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Privatising Air India: Tatas eyeing state-run carrier?

A meeting that was reportedly held in New Delhi on Thursday between Tata Sons chairman N Chandrasekaran and union Finance Minister Arun Jaitley sets tongues wagging.

Jun 2, 2017

Tesla CEO Elon Musk, Disney head Robert Iger quit Trump's advisory councils after decision on Paris Climate deal

Donald Trump, on Wednesday, decided to pull the US out of landmark global agreement designed to fight climate change.

Jun 2, 2017

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Gold hits one-week low as stocks, dollar gain after upbeat US data

Gold fell to its lowest in a week after upbeat US private sector job figures seemed to boost the odds for an increase in the interest rate this month.

Jun 2, 2017

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ICICI Bank, Maruti Suzuki, Hindustan Unilever hit new 52-week highs on BSE

Benchmark indices ended flat on Thursday, but select stocks such as ICICI Bank, HUL, Maruti Suzuki, Voltas and Karnataka Bank hit fresh 52-week highs.

Jun 1, 2017

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SpiceJet commences three new daily flights from Surat to Hyderabad, Goa and Jaipur

To cater to the peak summer rush, from March to October, SpiceJet has added 19 new domestic and 3 new international flights.

Jun 1, 2017

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Sensex, Nifty end May on bullish note; Q4 GDP data, May auto volume sales to influence trading on Thursday

May was an action-packed month for stock markets, with GST rates, external data and Q4 results lifting benchmark indices Sensex and Nifty to record highs. India's GDP grew at 6.1 percent for the March quarter.

May 31, 2017

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After Interglobe Aviation and Jet Airways, all eyes now on SpiceJet Q4 results

Jet Airways reported 95 percent fall in net profit for Q4 while Indigo-owner Interglobe Aviation's bottom line dropped 25 percent; SpiceJet's results are due on June 3.

May 31, 2017

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Indians bought more gold than Americans in March quarter, World Gold Council data shows

In Q1, demand for gold jewellery in India was 92.3 tonnes in comparison to 22.9 tonnes in the US, according to WGC data.

May 31, 2017

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Reliance Communications shares plunge yet again on loan repayment, debt downgrading woes

Anil Ambani-owned Reliance Communications reported dismal Q4 results amid mounting loans and downgrading of its debt by credit rating agencies.

May 31, 2017

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Air India should be completely privatised, Niti Aayog tells Modi Govt: Report

Niti Aayog has made a case for fully privatising Air India in its report to the Prime Minister's Office submitted a few days ago.

May 31, 2017

Former TCS chief executive officer N Chandrasekaran took home Rs 25 crore as commission for FY 2017

N Chandrasekaran, who was with TCS before moving to Tata Sons this February, got Rs 30 crore for 2016-17, including commission.

May 30, 2017

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Bank of Baroda, Paytm in race to buy Snapdeal-owned FreeCharge: Report

Digital payments company FreeCharge, which was acquired by Flipkart's rival Snapdeal two years ago, is reportedly up for sale.

May 30, 2017

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Business news

IT layoffs: Pessimism, fear grips employees; mid-level staff most vulnerable

Sensex, Nifty close at record highs; Hero Motocorp, Wipro, Cipla, Adani Ports lead rally

IT layoffs: Tech Mahindra, Wipro employees take cue from Cognizant counterparts, petition Karnataka govt via trade union FITE

Privatising Air India: Tatas eyeing state-run carrier?

Tesla CEO Elon Musk, Disney head Robert Iger quit Trump's advisory councils after decision on Paris Climate deal

Gold hits one-week low as stocks, dollar gain after upbeat US data

ICICI Bank, Maruti Suzuki, Hindustan Unilever hit new 52-week highs on BSE

SpiceJet commences three new daily flights from Surat to Hyderabad, Goa and Jaipur

Sensex, Nifty end May on bullish note; Q4 GDP data, May auto volume sales to influence trading on Thursday

After Interglobe Aviation and Jet Airways, all eyes now on SpiceJet Q4 results

Indians bought more gold than Americans in March quarter, World Gold Council data shows

Reliance Communications shares plunge yet again on loan repayment, debt downgrading woes

Air India should be completely privatised, Niti Aayog tells Modi Govt: Report

Former TCS chief executive officer N Chandrasekaran took home Rs 25 crore as commission for FY 2017

Bank of Baroda, Paytm in race to buy Snapdeal-owned FreeCharge: Report

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]