Business news

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1,000 to 1,200 RCom workers to get laid off as company shuts most wireless businesses

The company has communicated to its employees that their last working day will be November 30.

Oct 26, 2017

Narayana Murthy again publicly criticises Infosys board, says he is 'disappointed'

"I stand by every question on poor governance raised in my speech to Infosys investors dated August 29, 2017. I am disappointed," Murthy has said.

Oct 25, 2017

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SBI gains 25%, adds Rs 50,000 crore mkt cap after govt announces recapitalisation plan

In today's session alone, the bank added more than Rs 50,000 crore in its market capitalisation.

Oct 25, 2017

Government announces Rs 2.11 lakh crore recapitalisation for PSBs: PM Modi plays big gamble on job front?

The Central government on Tuesday announced recapitalisation of PSBs to the tune of Rs 2.11 lakh crore. Read to know how PM Modi looks to gain from this.

Oct 24, 2017

SBI PO 2017 results online: State Bank of India publish list of successful candidates after they raise furore

Nearly 6,000 candidates are waiting for the final results to fill the 2,313 vacancies in the State Bank of India.

Oct 24, 2017

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Infosys Q2 2017 earnings: Profit up at Rs 3,726 crore, annual guidance cut after Nilekani returns

Infosys announced on Tuesday, October 24, that its profit in the Q2 of FY2018 rose to Rs 3,726 crore from Rs 3,483 crore in the previous quarter. Read to know more.

Oct 24, 2017

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Government waives GST late fee for August and September, but you still may have to pay it!

The Central government on Tuesday waived the late fee for filing GST returns for August and September. Read to know why you still may have to pay the fee.

Oct 24, 2017

Flipkart on an acquisition spree, eyeing smaller peers

The retailer has already acquired large companies such as Myntra, Jabong and PhonePe in the past few years.

Oct 23, 2017

Japans Prime Minister Shinzo Abe clinches landslide victory in snap election

Japans Prime Minister Shinzo Abes gamble paid off as his ruling bloc secured two-thirds of majority in the Lower House in the snap election. Following the results, Abe promised to deal firmly with North Korea amid the rising tensions in the region.

Oct 23, 2017

Indian Energy Exchange shares fall 9% on opening day

The company's shares opened at Rs 1,500 a piece on BSE, almost 9.09 percent lower from its issue price of Rs 1,650.

Oct 23, 2017

2 lakh shell firms may face criminal action for depositing unexplained money during demonetisation

If found guilty, the firm owners face imprisonment of three to 10 years for fraud. Moreover, a penalty can be levied on the fraudulent firm, which is equal to the value of the offence.

Oct 23, 2017

GST needs major rate structure revamp, says Hasmukh Adhia

Adhia said the overhauling would require some calculations by the fitment committee, which will decide which items need a rationalisation of rate under the GST regime.

Oct 22, 2017

Setback for Stayzilla; NCLAT snubs appeal against insolvency process

A three-member bench of SJ Mukhopadhaya, AIS Cheema and Balvinder Singh said that it did not find any merit in the company's appeal.

Oct 22, 2017

Only 3.9 million GST returns for September, number half the expectation

Worried with the less than expected level of compliance, the central government has already asked states to find out possible reasons.

Oct 22, 2017

Trump now says that Puerto Rico suffered worse than Katrina

President Trump now says that Puerto Rico suffered worse than Katrina.

Oct 20, 2017

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Business news

1,000 to 1,200 RCom workers to get laid off as company shuts most wireless businesses

Narayana Murthy again publicly criticises Infosys board, says he is 'disappointed'

SBI gains 25%, adds Rs 50,000 crore mkt cap after govt announces recapitalisation plan

Government announces Rs 2.11 lakh crore recapitalisation for PSBs: PM Modi plays big gamble on job front?

SBI PO 2017 results online: State Bank of India publish list of successful candidates after they raise furore

Infosys Q2 2017 earnings: Profit up at Rs 3,726 crore, annual guidance cut after Nilekani returns

Government waives GST late fee for August and September, but you still may have to pay it!

Flipkart on an acquisition spree, eyeing smaller peers

Japans Prime Minister Shinzo Abe clinches landslide victory in snap election

Indian Energy Exchange shares fall 9% on opening day

2 lakh shell firms may face criminal action for depositing unexplained money during demonetisation

GST needs major rate structure revamp, says Hasmukh Adhia

Setback for Stayzilla; NCLAT snubs appeal against insolvency process

Only 3.9 million GST returns for September, number half the expectation

Trump now says that Puerto Rico suffered worse than Katrina

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]