Business news

Reliance Jio to raise Rs 20,000 crore through rights issue

Company will sell optionally convertible preference shares through rights issue to existing shareholders to raise the funds.

Jul 20, 2017

Loans at your command: ICICI Bank offers up to Rs 15 lakh instant loans via ATMs

Customers can get pre-qualified personal loans of up to Rs 15 lakh in their savings accounts instantly.

Jul 20, 2017

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Fate of ABG Shipyard, Amtek Auto likely to be decided by Tribunal today: Report

ABG Shipyard owes about Rs 17,000 crore while Amtek Auto's debt is an estimated Rs 14,000 crore.

Jul 20, 2017

Big Bazaar headhunts 10th and 12th passouts for its stores

The pay packages can range between Rs 21,570 to Rs 48,550 per month.

Jul 20, 2017

Home loan, fixed deposit interest rates might sink further

Banks crank up interest rate engines, reassess credit scenario ahead of possible RBI cut

Jul 20, 2017

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ONGC chairman says HPCL will continue to remain listed after acquisition

On Wednesday, the Centre gave in-principle approval for the buyout of HPCL by ONGC, triggering scope for similar M&As in the oil and gas sector.

Jul 20, 2017

Thought only Infosys had crorepati executives? You haven't seen TCS' list yet

TCS paid salaries amounting up to Rs 1 crore to its employees in India in FY2017, and the amount is much higher than what its competitors Infosys and Wipro shelled out to its employees.

Jul 20, 2017

Accenture spending $900 million to re-skill and train its workforce

Accenture is spending $900 million on training and re-skilling its employees, through which it aims to be in sync with newer technologies which in turn will help it land newer businesses.

Jul 19, 2017

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Fortis promoter sells 13.5 million shares, Japanese bank buys stake in Reliance Capital

The two companies, Fortis Healthcare and Anil Ambani's Reliance Capital, have been hogging the limelight for various reasons.

Jul 19, 2017

IT layoffs: Are techies really depressed over fear of losing jobs?

Speaking about the reports of how techies have been turning to online counselling and calling help lines, Mohandas Pai said that some people are anxious but the depression is "exaggerated."

Jul 19, 2017

L&T Infotech focuses on hiring in India even as IT firms ramp up US recruitment

Larsen and Toubro Infotech has said that the firm's focus remains on India and that is where most of the hiring activity is going to take place, even as many IT firms are hiring in the US.

Jul 19, 2017

Air India narrows losses for FY17, operating profit skyrockets

For the financial year 2016-17, national carrier reported net loss of Rs 3,643 crore from Rs 3,836 crore in the preceding fiscal.

Jul 19, 2017

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Air India chief Ashwani Lohani says stake sale 'a win-win' for employees amid reports of staff buyout

Apart from outlining the benefits of Air India's disinvestment from the business point of view, Lohani also said that the employees would enjoy working under a corporate structure.

Jul 19, 2017

Excess baggage: Air India may offer voluntary retirement to 15,000 staffers ahead of selloff

Previous attempts to offload the airline have failed because of the scale and complexity of problems at Air India, and resistance from its influential unions.

Jul 18, 2017

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Smoke alarm: Cigarette cess spooks markets, bears strike in the guise of ITC, Reliance

Biggest fall since November 2016 as Nifty ends below 9,850; BSE Sensex dragged down by index heavyweights ITC and Reliance Industries.

Jul 18, 2017

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Business news

Reliance Jio to raise Rs 20,000 crore through rights issue

Loans at your command: ICICI Bank offers up to Rs 15 lakh instant loans via ATMs

Fate of ABG Shipyard, Amtek Auto likely to be decided by Tribunal today: Report

Big Bazaar headhunts 10th and 12th passouts for its stores

Home loan, fixed deposit interest rates might sink further

ONGC chairman says HPCL will continue to remain listed after acquisition

Thought only Infosys had crorepati executives? You haven't seen TCS' list yet

Accenture spending $900 million to re-skill and train its workforce

Fortis promoter sells 13.5 million shares, Japanese bank buys stake in Reliance Capital

IT layoffs: Are techies really depressed over fear of losing jobs?

L&T Infotech focuses on hiring in India even as IT firms ramp up US recruitment

Air India narrows losses for FY17, operating profit skyrockets

Air India chief Ashwani Lohani says stake sale 'a win-win' for employees amid reports of staff buyout

Excess baggage: Air India may offer voluntary retirement to 15,000 staffers ahead of selloff

Smoke alarm: Cigarette cess spooks markets, bears strike in the guise of ITC, Reliance

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]