Business news

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Mukesh Ambani's brother Anil Ambani won't take salary from Reliance Communications

Reliance Communications,headed by Anil Ambani, is bleeding, thanks to competition by brother Mukesh Ambani's Reliance Jio and others; so Anil won't take salary.

Jun 14, 2017

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BookMyShow introduces in-app chat feature 'Plan it'

BookMyShowPlan it allows friends and families to interact with each other in real time, suggest movies, show times and engage in other activities.

Jun 14, 2017

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Bhushan Steel crashes 10% after RBI identifies 12 defaulters for bankruptcy proceedings

Though the RBI did not name the 12 defaulters, there is speculation that Essar Steel, Bhushan Steel and Lanco are top NPA accounts.

Jun 14, 2017

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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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Business news

Mukesh Ambani's brother Anil Ambani won't take salary from Reliance Communications

BookMyShow introduces in-app chat feature 'Plan it'

Bhushan Steel crashes 10% after RBI identifies 12 defaulters for bankruptcy proceedings

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

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

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

JSW Energy appoints Prashant Jain as Joint MD and CEO

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

SpiceJet launches e-commerce retail venture SpiceStyle

Riding the waive: A growth dream betrayed

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

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

GE CEO Jeff Immelt steps down

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

Loan waiver payback: Farmers start wilfully defaulting on loans

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]