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Globant

Buenos Aires-based Globant plans to hire techies to increase presence in India

Buenos Aires-based IT giant Globant has said that it plans to increase its presence in India and hire more people globally. Aug 3, 2017
John Chambers

Using labour arbitrage to bring in Indian workers a mistake: Cisco chief

Chambers was in India to announce the creation of the US-India Strategic Partnership Forum (USISPF) which he says will take the relationship between the two countries, companies and people to the next level. Aug 3, 2017
SEBI

Mohandas Pai to head SEBI Fintech committee, Paytm founder among those on the panel

The panel will "examine, deliberate and advise SEBI" on fintech solutions for "widening and deepening" of the securities markets through new products like robo-finance, automated trading systems, equity crowdfunding and dark pools. Aug 3, 2017
India pharma sector, pharmaceutical companies, pharma, pharma companies

Pharmed for growth: Diabetics, cardiac patients are new rural drug markets

Global pharma companies want to cash in on the rising cases of diabetes and heart diseases in the country's distant corner. Aug 3, 2017
titan, tanishq, gst on gold, gold prices in india, titan share price, pc jeweller share price, tata group, market cap, tata steel share price, tcs share price

Demand for gold jewellery in India rises 41% in June quarter: World Gold Council

As against the world average of 8 percent, the demand for gold jewellery in India shot up 41 percent in June quarter, the WGC says. Aug 3, 2017
bse bombay stock exchange losers gainers building people employees sensex

CDSL, AU Small Finance Bank, Eris share prices post listing dim hopes for Cochin Shipyard investors

CDSL rallied sharply from its issue price of Rs 149 to more than Rs 400 but has since shed gains; AU Finance is also unable to sustain gains. Aug 3, 2017
Bombay Stock Exchange (BSE)

Markets give thumbs down to rate cut by Reserve Bank of India

The BSE Sensex ended 98 points lower at 32,476 while the NSE Nifty closed at 10,081, down 33 points. Aug 2, 2017
Essar headquarters

Essar Steel to face insolvency proceedings, finally

The Ahmedabad bench of the National Company Law Tribunal (NCLT) accepts insolvency proceedings initiated by State Bank of India and Standard Chartered Bank. Aug 2, 2017
Apple CEO Tim Cook

Tim Cook plans to turn India into next China for Apple

Apple has been engaged with the Narendra Modi government to receive sops for setting up full-fledged manufacturing units and not just iPhone assembly for over a year now. Aug 2, 2017
Mukesh Ambani

Indian telecom industry faces tougher competition ahead, profits to plunge

Indian telecom companies' revenue may plunge on stiff competition, according to a S&P Global Research Report Aug 2, 2017
I-T officials raid Karnataka minister DK Shivakumar

I-T department raids Karnataka minister DK Shivakumar's residence, Bengaluru resort housing 44 Gujarat MLAs [VIDEO]

The Income Tax department conducted raids at the residence of Karnataka minister D.K. Shivakumar and his brother D.K. Suresh Aug 2, 2017
intellect design arena, intellect design share price, intellect design arena news, rekha jhunjhunwala sells, rakesh jhunjhunwala intellect design arena, bse sensex, nse nifty

Markets cautious ahead of RBI's monetary policy meeting outcome

The Reserve Bank of India's monetary policy committee is expected to announce its decision today amid expectations of a 25 basis point cut in repo rate. Aug 2, 2017
ndtv, prannoy roy, rajdeep sardesai, secular journalists, income tax raids, cbi raids on prannoy's residence, icici bank ndtv case, money laundering, media vendetta, modi govt, bjp and ndtv

NDTV gets partial relief in income tax case; June quarter performance worsens

The news channel is embroiled in many cases, including ICICI Bank loan repayment and now income tax; its income has taken over the past few quarters. Aug 2, 2017
Flipkart

Snapped deal: Softbank to spend $2 billion on taking stake in Flipkart

Softbank plans to invest $2 billion in Flipkart despite a failed merger deal with Snapdeal. The fiasco, however, dashed Softbank's hoped to hold a major stake at Indian e-commerce giant Flipkart. Aug 1, 2017
IOC BPCL india petrol diesel fuel stations retail fuel petrol bunk HPCL reliance essar

Hero Motocorp. Honda, Suzuki, Eicher Motors post upbeat volume sales for July

Most of the two-wheeler companies saw domestic sales rising sharply in July, the first month of GST implementation. Aug 1, 2017
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