Business news

India's fraud investigator arrests ex-chairman of debt-laden IL&FS

India's Serious Fraud Investigation Office (SFIO) has arrested the former chairman of debt-laden Infrastructure Leasing and Financial Services (IL&FS) in connection with an ongoing investigation into the lender, a government official said on Monday.

18 days ago

Airbnb checks into Oyo rooms, invests $150-200 million

Last year, the unicorn start-up had managed to raise more than $1 billion from investors.

18 days ago

Markets offer bullish welcome to FY20; Sensex sets record high of 39,028 points

Global cues, FII fund inflows and the prospect of Prime Minister Modi's strong general election showing create 'buy on dips' market.

19 days ago

With 9,500 branches and 13,400 ATMs, Bank of Baroda now 2nd largest PSU bank after SBI

The RBI had said on Saturday that all outlets of Bengaluru-based Vijaya Bank and Mumbai-based Dena Bank will begin functioning as outlets of Vadodara-headquartered BoB from Monday.

19 days ago

Johnson & Johnson in deep trouble in India; now cancer-causing ingredients found in baby shampoo

The Drugs Control Organisation of Rajasthan has claimed to have discovered formaldehyde in two batches of the popular shampoo and subsequently, a notice has been sent to authorities across the country.

19 days ago

Sensex touches record high of 39,000, Nifty above 11,700; metal stocks surge

Sensex was up 347.48 points or 0.90 percent at 39020.39, and the Nifty up 88.80 points or 0.76 percent at 11712.70.

19 days ago

Is Coke raiding Indian grandma's secret recipe chest for ethnic drinks products?

Once considered the epitome of an evil West out to culturally emasculate India, Coca-Cola is seeking to spice up the market with drinks like jaljeera, aam panna, and masala buttermilk.

21 days ago

Ola launches operations in three new cities in UK

Ola made it clear that they have not launched auto rickshaws in the UK. Ola branded e-rickshaws were only used as part of an activation campaign to celebrate the launch of Ola's services in Liverpool.

22 days ago

Toronto Subway System Now Has Seth Rogens Voice Giving Advice

Seth Rogen launches his own weed company Houseplant to instill public love for marijuana

The comedy mogul gets together with his friend, Evan Goldberg and opened their first weed company in Canada.

23 days ago

Let's have a look at top 5 internet companies in India with mind-boggling valuations

Nimble companies with innovative ideas are raising millions of dollars every other day, which brings us to the question, what is the pecking order of Indian internet companies?

23 days ago

Ex-Paytm executive Sonia Dhawan, out on bail, to return to company soon?

Speculations are rife that the former senior executive of Paytm, Sonia Dhawan, will likely join the company soon.

24 days ago

Mindtree board dumps share buyback plan, is it advantage L&T?

The move may make it easier for L&T to gain control of the IT company, controlling shareholders of which have been resisting a takeover by the engineering-to-software behemoth.

24 days ago

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Boeing crisis escalates as 737 MAX 8 makes emergency landing shortly after take-off in US

Southwest Flight 8701 returned to Orlando International Airport just before 3 pm ET after pilots reported a performance issue with one of the engines.

24 days ago

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After Mukesh Ambani, another Indian billionaire bails out younger sibling

The Mittal brothers had split their businesses in 1994. However, eldest brother Lakshmi Niwas chipped in with 16 billion rupees to help Pramod clear massive dues to STC.

25 days ago

[Read Full Text] Naresh Goyal assures 'light at the end of the tunnel' in emotional letter to Jet Airways staff

Naresh Goyal and his wife Anita Goyal had stepped down from the board of the cash-strapped aviation company on Monday.

25 days ago

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