Business news

Govt walks the talk: Imposes 100% penalty for accepting cash above Rs 3 lakh

Finance Minister Arun Jaitley had proposed in the Budget to levy penalty on a person who receives Rs 3 lakh and above.

Feb 5, 2017

RBI to soon issue new Rs 100 notes, so what happens to the old notes?

In the wake of demonetisation, short-supply of Rs 100 notes and near absence of new Rs 500 notes in the market resulted in the general public reluctantly accepting Rs 2,000 note.

Feb 5, 2017

Warburg Pincus acquires airline services group Accelya; Dubai-based Mercator and Accelya to merge

The combined entity of Accelya and Mercator will have annual revenues of $200 million with more than 400 clients worldwide, including 250 airlines.

Feb 5, 2017

Nasscom demands 50-75 bps rate cut from RBI-MPC to boost credit growth

Industry experts are expecting at least 25 bps rate cut after Arun Jaitley reaffirmed the government's commitment towards fiscal consolidation.

Feb 5, 2017

Here's a list of torrent sites that still work.

Will famous KickassTorrents ever come back? The Pirate Bay, ExtraTorrent, RARBG are most popular today

Torrent sites like ExtraTorrent, RARBG, YTS.a and Torrentz2 grew fast after the shutdown of KickassTorrents last year.

Feb 5, 2017

This is what Reliance Jio free 4G data has done to BSNL, Vodafone; data tariff slashed again

BSNL appears to have taken internet tariff war seriously, cutting price of data plan to counter Reliance Jio free 4G offer.

Feb 4, 2017

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Indian gold jewellery demand fell to 7-year low in 2016: WGC

Indian gold jewellery demand in 2016 was 148.3 tonnes lower than 2015 due to multiple factors and marked the biggest yearly decline, says WGC.

Feb 4, 2017

NSE national stock exchange ipo listing limit foreign investor investment public issue stocks shares rbl bank ipo

Vikram Limaye will be new MD & CEO of National Stock Exchange

A CA by profession, Vikram Limaye is currently MD & CEO of IDFC; his appointment at NSE will need clearance from Sebi.

Feb 4, 2017

Uber, Ola refuse to withdraw ride-sharing services in Bengaluru

Both Uber and Ola had a meeting with state authorities on Tuesday following which they were given time till Friday to stop their services.

Feb 3, 2017

This is how Reliance Jio helped Facebook achieve record quarterly revenue

Facebook CFO David Wehner said the company's growth in Asia was boosted by the free data offering in India.

Feb 3, 2017

Taxmen to now open up to 10-year-old return files to unearth undisclosed deposits or property

The revenue department has also proposed to make it mandatory for taxpayers to file I-T returns by March end of the assessment year.

Feb 3, 2017

Snapchat to offer IPO soon; valuation might cross $25 billion

Snapchat parent Snap Inc files for $3 billion IPO

Snap disclosed its losses for 2016 widened to $514.6 million; revenues, however, increased to $404.5 million from $58.7 million for 2015.

Feb 3, 2017

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Baba Ramdev's Patanjali Ayurved is India's No. 2 advertiser, next only to Hindustan Unilever

BARC India data for January 21 to 27, 2017 lists India's top 10 advertisers, among other details of TV viewership.

Feb 3, 2017

Uber CEO Travis Kalanick quits Donald Trump's business council amidst criticism

Kalanick told his employees that he had a conversation with Trump and let him know that he would not be able to participate in his economic council.

Feb 3, 2017

Will Bharat Financial merge with IndusInd Bank? Shares of microfinance lender jump over 50% in a month

Bharat Financial clarified to the BSE that it is exploring various options and will make an announcement if any such is approved by its Board.

Feb 3, 2017

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Business news

Govt walks the talk: Imposes 100% penalty for accepting cash above Rs 3 lakh

RBI to soon issue new Rs 100 notes, so what happens to the old notes?

Warburg Pincus acquires airline services group Accelya; Dubai-based Mercator and Accelya to merge

Nasscom demands 50-75 bps rate cut from RBI-MPC to boost credit growth

Will famous KickassTorrents ever come back? The Pirate Bay, ExtraTorrent, RARBG are most popular today

This is what Reliance Jio free 4G data has done to BSNL, Vodafone; data tariff slashed again

Indian gold jewellery demand fell to 7-year low in 2016: WGC

Vikram Limaye will be new MD & CEO of National Stock Exchange

Uber, Ola refuse to withdraw ride-sharing services in Bengaluru

This is how Reliance Jio helped Facebook achieve record quarterly revenue

Taxmen to now open up to 10-year-old return files to unearth undisclosed deposits or property

Snapchat parent Snap Inc files for $3 billion IPO

Baba Ramdev's Patanjali Ayurved is India's No. 2 advertiser, next only to Hindustan Unilever

Uber CEO Travis Kalanick quits Donald Trump's business council amidst criticism

Will Bharat Financial merge with IndusInd Bank? Shares of microfinance lender jump over 50% in a month

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]