Business news

Cyient to acquire US-based Certon Software; shares up 4% on BSE

The acquisition will strengthen Cyient's aerospace business by adding test automation capabilities targeted at safety-critical embedded systems.

Jan 24, 2017

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Gold steady as unease with Trump policy weighs on dollar

Spot gold was mostly unchanged at $1,217.42 per ounce by 0337 GMT, after hitting their strongest since November 22 at $1,219.59.

Jan 24, 2017

7th pay commission, pay commission news, elections to five states, up assembly elections 2017, modi govt, budget 2017

Budget 2017: EC asks Centre not to announce schemes, highlight achievements for poll-bound states

The EC order came after a delegation of Opposition parties met CEC Nasim Zaidi demanding that the presentation of the Budget be postponed.

Jan 24, 2017

Is ISIS planning a resurgence with money from stolen oil and jewellery?

The Islamic State terrorist group is reportedly looking to refinance itself with oil stolen from fields in Salahuddin province and jewellery from women in Mosul.

Jan 23, 2017

Currency jerk hits HUL's Q3 earnings, operational sales and net profit down YoY

The impact was varied across segments, channels and geographies, Hindustan Unilever said in a filing to the BSE.

Jan 23, 2017

RBI resorts to ethical hacking to test Indian banks' cyber vulnerabilities

During the first phase of the test, the RBI will focus on PSU banks that are understood to be more susceptible than private banks.

Jan 23, 2017

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Budget 2017: SC dismisses petition to postpone budget due to 2017 Assembly elections in 5 states

The budget for 2017-18 will be presented on February 1, a day after Parliament session begins.

Jan 23, 2017

Bangalore-based women's ethnic wear brand Soch to sell majority stake to PE firms: Report

PE firms L Catterton, Westbridge Capital and CX Partners may together acquire a controlling stake in the ethnic wear brand Soch.

Jan 23, 2017

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Budget 2017 may have Rs 35,300 crore sops in income tax exemptions, deductions: SBI Ecowrap

SBI economist says Budget 2017 could enhance minimum tax exemption limit, higher deduction under section 80C and interest exemption for home loans.

Jan 23, 2017

Xiaomi, global head, Hugo Barra, Beijing, Silicon Valley, Xiaomi Vice president

Xiaomi global head Hugo Barra bids adieu to Beijing, plans to return to Silicon Valley

Hugo Barra is slated to leave Xiaomi's administration at the end of February, but will continue to work in limited terms with the company in an advisor-only role.

Jan 23, 2017

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RBL Bank spurts on buoyant Q3 results; Sensex IPO opens

Private sector lender RBL Bank reported 59 percent rise in Q3 net profit, leading to a rally in share price; BSE IPO public issue is now open.

Jan 23, 2017

SEC investigates if Yahoo violated civil securities laws by reporting data breaches late

The US SEC is probing if Yahoo should have reported the 2014 data hack – which the company disclosed in September 2016 – earlier to investors.

Jan 23, 2017

budget 2017, arun jaitley, modi, taxes, tax compliance, india, halwa ceremony, budget 2017 printing, note ban

Cash-ban distress leaves scant room for India budget giveaways

"It is an unprecedented budget," said a senior government official with direct knowledge of fiscal planning.

Jan 23, 2017

Ayush ministry to take misleading advertisers of ayurveda and yoga to task

The ministry has tasked the advertising watchdog ASCI to scan through advertisements across 900 publications and 500 TV channels.

Jan 22, 2017

General Motors shelves future investments on new products in India

GM said it is conducting a full review of its future product portfolio given the shift in customer preferences in India.

Jan 22, 2017

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Business news

Cyient to acquire US-based Certon Software; shares up 4% on BSE

Gold steady as unease with Trump policy weighs on dollar

Budget 2017: EC asks Centre not to announce schemes, highlight achievements for poll-bound states

Is ISIS planning a resurgence with money from stolen oil and jewellery?

Currency jerk hits HUL's Q3 earnings, operational sales and net profit down YoY

RBI resorts to ethical hacking to test Indian banks' cyber vulnerabilities

Budget 2017: SC dismisses petition to postpone budget due to 2017 Assembly elections in 5 states

Bangalore-based women's ethnic wear brand Soch to sell majority stake to PE firms: Report

Budget 2017 may have Rs 35,300 crore sops in income tax exemptions, deductions: SBI Ecowrap

Xiaomi global head Hugo Barra bids adieu to Beijing, plans to return to Silicon Valley

RBL Bank spurts on buoyant Q3 results; Sensex IPO opens

SEC investigates if Yahoo violated civil securities laws by reporting data breaches late

Cash-ban distress leaves scant room for India budget giveaways

Ayush ministry to take misleading advertisers of ayurveda and yoga to task

General Motors shelves future investments on new products in 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]