Business news

Mahindra reports 20% fall in June quarter net profit

Automobile firm Mahindra & Mahindra saw its Q1 net profit fall to Rs 766 crore from Rs 955 crore, YoY, due to the GST impact.

Aug 4, 2017

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Biocon shares plunge after company gets Form 483 observations from US drug regulator

The US FDA issued Form 483 listing violations after inspecting Biocon's manufacturing unit in Bengaluru.

Aug 4, 2017

Infosys turns down Murthy's plea to make Panaya report public

Management transparency, corporate governance, and fair work environment are the core principles around which the company functioned and flourished.

Aug 4, 2017

Letting go, slowly: Govt to divest up to 25% stake in 4 defence firms via IPO floats

The government has so far sold equity in Hindustan Copper, Cochin Shipyard, HUDCO, L&T and the Dredging Corporation, among others.

Aug 4, 2017

Too many chits, too many lures will be addressed with new law: FM

The idea of the new pan-India law on chit funds is to ensure that those who are lured into these schemes by the marginally higher interest rates that they offer as compared to banks are not taken for a ride.

Aug 4, 2017

Foe turns friend: Tata Group, Reliance Industries may join hands over telecom unit

Tata chairman N Chandrasekaran is working on a time-bound plan to sort out the telecom mess and has asked his deal-makers to explore all options.

Aug 4, 2017

Will Sikkim standoff affect Chinese realtor Country Garden's proposed Chennai project?

Country Garden, one of China's most popular township developers, is likely to set foot in India soon as it in talks with TVH Developers to buy a plot near the Adyar River in Chennai.

Aug 4, 2017

Monsoon and Agriculture (When will Indian agriculture sector gets an industrial status?- a representational picture)

Modi govt to push for agri startups; will it be a threat to farmers?

With Agri Udaan, startups will get access to space and laboratories for research to run their businesses.

Aug 4, 2017

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Indian stock markets among the best-performing globally in CY2017

The 50-scrip NSE Nifty gained 5.8 percent in July, the highest monthly gain in 16 months, driven by sustained dollar inflows, good progression of monsoon and GST.

Aug 4, 2017

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Infosys and high-level exits: Here's what CEO Vishal Sikka thinks

Infosys CEO Sikka has finally opened up about the senior level exits in the company and has suggested that it is not really a cause for concern as the firm's attrition is "far lower" than other companies.

Aug 4, 2017

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Titan gains on upbeat June quarter results; PNB Housing, IOC also spurt

Titan was up almost 10 percent on the back of June quarter (Q1) results while PNB Housing gained close to 6 percent in early trade on Friday.

Aug 4, 2017

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Tech Mahindra senior executives to take 10-20% pay cuts amid industry slowdown

About 20 of Tech Mahindra senior executives have offered to take a pay cut and have written an email, stating the same, to Tech Mahindra CEO CP Gurnani and chief people officer Rakesh Soni.

Aug 4, 2017

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Murthy back after the break, wants Panaya probe report made public

Sikka and his team are still struggling to move past the allegations and its aftermath after Murthy earlier this year demanded Panaya probe to go public.

Aug 3, 2017

Rated tame: RBI behind curve on rate cuts, say frustrated Indian officials

Headline inflation reflects a structural shift, and is low enough to warrant more aggressive cuts, say senior govt officials.

Aug 3, 2017

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Changing fabric: Baba Ramdev gets knit-picky, pushes digital with FB, Google

New clothes line on the way, Patanjali to launch woven and machine-made offerings across 250 exclusive outlets by April next year.

Aug 3, 2017

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Business news

Mahindra reports 20% fall in June quarter net profit

Biocon shares plunge after company gets Form 483 observations from US drug regulator

Infosys turns down Murthy's plea to make Panaya report public

Letting go, slowly: Govt to divest up to 25% stake in 4 defence firms via IPO floats

Too many chits, too many lures will be addressed with new law: FM

Foe turns friend: Tata Group, Reliance Industries may join hands over telecom unit

Will Sikkim standoff affect Chinese realtor Country Garden's proposed Chennai project?

Modi govt to push for agri startups; will it be a threat to farmers?

Indian stock markets among the best-performing globally in CY2017

Infosys and high-level exits: Here's what CEO Vishal Sikka thinks

Titan gains on upbeat June quarter results; PNB Housing, IOC also spurt

Tech Mahindra senior executives to take 10-20% pay cuts amid industry slowdown

Murthy back after the break, wants Panaya probe report made public

Rated tame: RBI behind curve on rate cuts, say frustrated Indian officials

Changing fabric: Baba Ramdev gets knit-picky, pushes digital with FB, Google

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]