Business news

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Wipro sacking employees drags Infosys, TCS but Mindtree, Tech Mahindra gain

News of Wipro reportedly laying off "hundreds" of employees weighed in other stocks like TCS and Infosys on the BSE.

Apr 21, 2017

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HDFC Bank Q4 net profit rises 18%, employee strength falls by 6,000; provisioning for bad loans almost doubles

HDFC Bank reports Rs 3,990 crore net profit for Q4, an increase of 18 percent, but employee headcount falls and provisioning for NPAs rises more than 100 percent.

Apr 21, 2017

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Minda, Bombay Dyeing, Raymond, Sun TV Network hit new 52-week high on BSE; Wipro steady despite layoff buzz

Among many stocks that scaled fresh year-highs are Minda Industries, Nusli Wadia firm Bombay Dyeing, Raymond and Kalanithi Maran's Sun TV Network.

Apr 21, 2017

atf prices, aviation companies in india, indian civil aviation market, domestic air traffic

India's civil aviation market slows down after a period of hyper growth

There is a steady decline in domestic air traffic growth from the earlier >20 percent levels to 15-16 percent for the past two months.

Apr 21, 2017

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Wipro 'sacks' hundreds of techies for non-performance

The exact number of techies "sacked" in the fourth quarter of the just-concluded FY 2017 was not known as the company is in "silent period" ahead of its results on April 25.

Apr 21, 2017

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SpiceJet shares gain 12% on 'astrological' support; Jet Airways, Interglobe also skyrocket

Shares of aviation companies SpiceJet, Indigo-owner Interglobe Aviation and Jet Airways spurt on "astrological" prediction for Samvat 2074.

Apr 20, 2017

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NTPC stands to gain Rs 200 crore incentive for achieving higher power output

The incentive for plant load factor (PLF) beyond 85 percent for power utilities is as per FY15-19 tariff regulations.

Apr 20, 2017

Planning for early retirement? This is how you calculate if you can do that now!

If you want to retire early and fulfil your dreams of travelling the world and spend time with your loved ones, the 4 percent rule might just be the answer to all your early retirement woes.

Apr 20, 2017

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Global ambiguity sizzles, base metals' rally fizzles: Angel Broking

Events like the US attack on Syria, rising geo-political tension in Korean peninsula, rise in steel production in China, hit base metals. Nalco share price falls amid stake sale by Indian government.

Apr 19, 2017

wipro lighting, wipro led, wipro wins red dot award

Wipro Lighting wins award for excellence in product design

Wipro Lighting, a part of Wipro Consumer Care and Lighting Group, was started in 1992 to manufacture and market lighting products

Apr 19, 2017

PM Modi's demonetisation lifts life insurance premium collection to a 9-year high

Individual new business for private insurers grew 26 percent, while state-run LIC reported 16 percent growth in 2016-17.

Apr 19, 2017

Wipro Q4 results preview: Analysts have a mixed view on company meeting IT revenue guidance

Azim Premji-controlled Wipro had given IT revenue guidance of $1,922-1,941 million for Q4 (March 2017 quarter).

Apr 19, 2017

Insurance firms lob sueball at security firm Trustwave for failing to protect consumers

SBI Card to charge customers for making small payments via cheques

Cheque payments up to Rs 2,000 attract a levy of Rs 100 with effect from April 1, SBI Card says in a statement.

Apr 19, 2017

A man walks outside the factory of United Breweries Ltd (UB) that manufactures Kingfisher beer in Thiruvalluar district of the southern Indian state of Tamil Nadu

Vijay Mallya's stake in United Breweries valued at Rs 1,575 crore

Vijay Mallya, arrested in London on Tuesday, owns 2.13 crore shares in United Breweries in his individual capacity, apart from stake in United Spirits.

Apr 18, 2017

Vijay Mallya arrest: Here's how the industrialist could be extradited to India

Industrialist Vijay Mallya was arrested by the Scotland Yard at 9:30 am on Tuesday "on an extradition warrant" on behalf of the Indian authorities on charges of fraud.

Apr 18, 2017

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Business news

Wipro sacking employees drags Infosys, TCS but Mindtree, Tech Mahindra gain

HDFC Bank Q4 net profit rises 18%, employee strength falls by 6,000; provisioning for bad loans almost doubles

Minda, Bombay Dyeing, Raymond, Sun TV Network hit new 52-week high on BSE; Wipro steady despite layoff buzz

India's civil aviation market slows down after a period of hyper growth

Wipro 'sacks' hundreds of techies for non-performance

SpiceJet shares gain 12% on 'astrological' support; Jet Airways, Interglobe also skyrocket

NTPC stands to gain Rs 200 crore incentive for achieving higher power output

Planning for early retirement? This is how you calculate if you can do that now!

Global ambiguity sizzles, base metals' rally fizzles: Angel Broking

Wipro Lighting wins award for excellence in product design

PM Modi's demonetisation lifts life insurance premium collection to a 9-year high

Wipro Q4 results preview: Analysts have a mixed view on company meeting IT revenue guidance

SBI Card to charge customers for making small payments via cheques

Vijay Mallya's stake in United Breweries valued at Rs 1,575 crore

Vijay Mallya arrest: Here's how the industrialist could be extradited to India

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]