Business news

Cognizant's VRS scheme finds 400 takers, including Indian execs

The company did not disclose the number of Indian executives who accepted its separation offer.

Aug 6, 2017

Canara Bank pumps in Rs 2,600 crore in overseas bond market

The Bengaluru-based bank has hit the forex debt market after a long gap. Foreign rating agency Moody's has assigned a 'Baa3' rating to the issue.

Aug 6, 2017

Syndicate Bank posts June quarter net loss of Rs 263 crore

Total income during the first quarter of 2017-18 also fell to Rs 6,171.49 crore

Aug 5, 2017

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Indian Oil to pump $2.4 bn to expand Gujarat refinery

Indian Oil Corp will pool in $2.4 bn to expand the Gujarat refinery that will produce 360,000 barrels per day (bdp) oil by 2021.

Aug 5, 2017

Smart moves: Flipkart to sell refurbished smartphones soon

The company has initiated discussions with distributors for its offline tie-ups

Aug 5, 2017

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Weak domestic demand, global cues pull gold prices down

On Saturday, gold and silver prices drifted lower in Delhi bullion market.

Aug 5, 2017

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Arun Jaitley promises guidance notes on GST

Touted to be one of India's most ambitious economic reforms in 70 years, GST is said to eventually boost tax receipts and provide simplicity for businesses.

Aug 5, 2017

Modi govt forms Bharat-22 ETF to sell stakes in 22 firms

The new exchange-traded fund will have a single company cap of 15 percent and a 20 percent cap on each sector.

Aug 5, 2017

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SBI, Tata Steel, SpiceJet, BPCL to declare Q1 results next week, guide stock markets

The major triggers for stock markets next week would be the June quarter results, followed probably by inflation and external trade data.

Aug 5, 2017

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Mahindra's focus on shared electric mobility to pose a risk to the oil industry?

Oil industry future will suffer from Mahindra's decision to produce more electric cars for shared mobilty

Aug 5, 2017

E-way rules likely to be notified on August 5, says GST Council

The Council is likely to review and finalise a mechanism to operationalise the anti-profiteering provision.

Aug 4, 2017

Snuffing it out: Tobacco has not run out of breath yet

The tobacco lobby regurgitates a few old arguments while hitting back at the govt's e-cigarette stubbing plan.

Aug 4, 2017

Think Big: Flipkart to rebrand appliances category to boost demand

TV sales in India are projected to rise to $14.7 billion in 2017 from $8.3 billion in 2014.

Aug 4, 2017

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SBI-led consortium orders forensic audit of Videocon's financial books

The debt restructuring process would commence only after KPMG concludes the audit.

Aug 4, 2017

Hamburg zoo welcomes four rare Siberian tiger cubs

Four Siberian tiger cubs got to play outside for the first time at Hagenbeck Zoo in Hamburg. The siblings were born on June 15 to mother Maruschka who made sure the outside enclosure was safe for the two female and two male cubs.

Aug 4, 2017