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ICICI Prudential Life, South Indian Bank, PNB Housing hit fresh 52-week highs

Select stocks are buzzing on the BSE, scaling new 52-week highs on Wednesday; these include ICICI Prudential Life, Bombay Burmah, PNB Housing Finance.

Jun 14, 2017

Uber director David Bonderman resigns after 'inappropriate' comment on women

Bonderman resigned on June 13, after he attempted a joke on women during a company meeting. His resignation comes into effect Wednesday, June 14.

Jun 14, 2017

French ambassador to India inaugurates Michelin's R&D Centre in Haryana

The 3,800-square-metre laboratory at Manesar will provide support to the Michelin Technology Center in Gurugram.

Jun 13, 2017

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JSW Energy appoints Prashant Jain as Joint MD and CEO

Prashant Jain will be based in Mumbai and report to the Chairman and Managing Director, Sajjan Jindal.

Jun 13, 2017

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Emkay Global and DBS tie-up for co-branding and distribution of equity research

The agreement will facilitate DBS Vickers to enhance its service offering to its clients, while enabling Emkay to expand its reach.

Jun 13, 2017

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SpiceJet launches e-commerce retail venture SpiceStyle

Through this subsidiary, SpiceJet aims to make travel more stylish and a convenient experience for those who travel for business and pleasure.

Jun 13, 2017

Riding the waive: A growth dream betrayed

Farmer pains will be only partly eased by loan waivers even as the next round of balance-sheet agony for banks and coops gets primed for release.

Jun 13, 2017

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Infosys refers to risk from 'activist shareholders' in US SEC filing, almost blames founders

In the past few months, founders/former top Infosys executives such as Narayana Murthy, Mohandas Pai and Balakrishnan have raised corporate governance issues.

Jun 13, 2017

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CDSL, Tejas Networks IPOs to hit markets; all you need to know

Tejas Networks is an optical and data networking products company while Central Depository Services (India) Limited (CSDL) offers demat and other services.

Jun 13, 2017

GE CEO Jeff Immelt steps down

General Electrics Jeff Immelt, CEO since 2001, is stepping down. He will be replaced by John Flannery, who is currently the president of GE Healthcare.

Jun 13, 2017

Wipro goes ex-bonus; Sensex, Nifty rally on positive inflation and factory output data

Retail inflation for May dropped to 2.18 percent while factory output (IIP) came in at 3.1 percent; Wipro goes ex-bonus from June 13 (due to 1:1 bonus ratio).

Jun 13, 2017

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Loan waiver payback: Farmers start wilfully defaulting on loans

While it is early to quantify the extent of loan delinquency by farmers, bankers say that in some states, the default rate has increased by up to 50 percent in recent months.

Jun 13, 2017

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Reliance General Insurance to be listed on bourses by FY18

Reliance General said its Board has approved a proposal to independently list the company-a subsidiary of Reliance Capital Ltd on the stock exchanges.

Jun 13, 2017

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JSW Bengaluru FC and Tata Steel-owned Jamshedpur team officially ISL football sides now

The 2017-18 edition of the Indian Super League will now have ten teams, and the tenure of the competition is set to be five months.

Jun 12, 2017

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Search for next SBI chairman begins

Arundhati Bhattacharya was appointed in 2013 as the bank's first woman chairman, and got a year's extension in October 2016, as SBI was in the process of merging its associate banks with itself.

Jun 12, 2017