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Forbes List of Most Powerful Women in the World

IMF chief Christine Lagarde on trial in France over tycoon case

Lagarde is under fire for failing to challenge a payout award in favour of business tycoon Bernard Tapie during her tenure as French finance minister. Dec 10, 2016
Donald Trump, Berlin attacks, Russian envoy, Turkey

Won't allow H-1B visa workers to replace Americans: Donald Trump

Any regulatory change in regard to H-1B visa will negatively impact Indian IT companies the most. Dec 10, 2016
Insurance

SBI Life sells 3.9% stake to Tamasek, KKR for Rs 1,800 cr

This transaction paves the way for the life insurer to go for public listing in the next financial year. Dec 10, 2016
news corp fox news wsj dow jones harpincollins publishers revenue advertisement income weakness us america elections presidential business growth wires

Rupert Murdoch's Fox bids $14 billion for taking over UK's Sky

Murdoch's firm has offered to buy 61 percent stake in Sky, which has witnessed fall in its valuation due to a cheaper pound post Brexit vote. Dec 10, 2016
digital payments, digital transaction

Demonetisation effect: Banks to take a Rs1,000 crore hit on fee income after transaction fee waiver on debit cards

Banks are likely to lose around Rs 1,000 crore due to fees waiver on card transactions till December end of this year. Dec 9, 2016
Jindal Steel and Power (JSPL)

JSPL sees average realisation improving in second half thanks to rising price of steel

Uptick in demand coupled with price improvement will help the company to record higher margins per tonne of steel. Dec 9, 2016
State Bank of India SBI headquarters

Associate banks of SBI to unveil voluntary retirement schemes soon

To expedite the process of merger with SBI, the associate banks of the country's largest lender are likely to come out with VRS in the near future. Dec 9, 2016
personal finance sundaram reliance mf nfo investment retail investors india idbi reliance hdfc icici mf elss equity

Paytm CEO Vijay Shekhar Sharma sells 1% stake to raise Rs 325 crore

The money would be utilised to fund Paytm's upcoming payments bank. Dec 9, 2016
tata sons mistry ratan cyrus tata hr group row turmoil tata sons holding company ouster removal tata group problems allegations

Stock exchanges seek secretarial audit of Tata Group firms

Both BSE and NSE have written to some Tata Group firms for this kind of audit to check regulatory compliance. Dec 9, 2016
quess ipo bombay stock exchange bse shares stocks sensex public issue shares

Sheela Foam makes stellar debut in exchanges, shares surge 41%

The company, which owns popular mattress brand Sleepwell, competes with Kurl-on and Duroflex in the domestic market. Dec 9, 2016
rupee vs dollar us india american us fed interest rate hike raise reserve elections donald trump modi govt all time low 2013 bjp nda arun jaitley

RBI issued currency notes worth Rs 4.27 lakh crore following demonetisation

The central bank also said that defunct notes worth Rs 11.85 lakh crore have been returned to the banking system. Dec 9, 2016
bse nse sensex nifty gold silver demonetisation prices india modi jaitley bjp nda import duty clamour how they moved funds

Equity indices at one month closing high; SBI major gainer

Public sector banking stocks witnessed renewed buying from investors followed by IT on Friday. Dec 9, 2016
Aluminium

Nalco to post better business growth in second half on improved metal prices

The aluminium major also plans to utilise its internal reserve in funding the company's domestic expansion plans. Dec 8, 2016
Pharma pic

Shares of Divi's Labs fall on US drug regulator's observations

The company informed bourses that the US drug regulator has issued a form 483 with five observations after inspecting its Visakhapatnam unit. Dec 8, 2016
Infra construction

Essel Infraprojects in talks to buy stake in IVRCL unit: Report

Lenders to the debt-laden infra firm are trying to sell company's assets in order to recover their pending dues. Dec 8, 2016
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