Business news

PepperTap joins downsizing bandwagon, shuts shop in six cities

Start-ups are increasingly resorting to layoffs and partial business shutdowns amid rising costs and pressure by investors to stay profitable.

Feb 9, 2016

Gold regains Rs 28,000 level on safe-haven demand

The yellow metal's prices have risen by Rs 825 in the past eight trading sessions.

Feb 9, 2016

PNB's Q3 profit plummets 93% on bad loan provisions

PNB's gross NPAs soared to 8.47 percent of total advances in the quarter from 5.97 percent in the year-ago quarter.

Feb 9, 2016

Dr Reddy's Labs Q3 net profit hit by forex loss, Venezuela operations

The Hyderabad-based pharma major warned that its operations in Venezuela could impact the March quarter earnings as well.

Feb 9, 2016

SpiceJet to choose between Boeing and Airbus for Rs 75,000-crore deal

The airline has laid the condition of early deliveries as the selling point of the deal.

Feb 9, 2016

Glaxo, Auro Pharma and Dr Reddy's to report better topline in December quarter: Angel Broking

The brokerage firm expects these pharma majors to post a growth of anywhere between 13 percent to 20 percent in their December quarter revenues.

Feb 9, 2016

IT shares plunge after Cognizant lowers guidance for March quarter

The sell-off in IT stocks is also partly due to weakness in the benchmark indices.

Feb 9, 2016

Amazon Black Friday 2014 Deals: Everything To Know About The Biggest Annual Sale

Amazon pumps in additional Rs 1,980 crore to boost India operations

The Jan. 28 investment in Amazon Seller Services is aimed at increasing activity in the competitive field of online retail industry.

Feb 9, 2016

Cognizant Q4 profit up 17%, revenue guidance for March quarter lowered

Cognizant estimated its revenues to grow in the range of $13.65 billion to $14.20 billion in 2016.

Feb 9, 2016

LafargeHolcim receives revised divestment order from India

Lafarge said last week it was reviewing its divestment plan in India after talks with Birla Corp. fell through.

Feb 9, 2016

Jewellers to go on strike over PAN norms on cash purchases

Jewellery makers and traders claim loss of business as a majority of population don't have PAN cards.

Feb 8, 2016

GoAir mulling $175 million IPO amid uncertainty over Airbus aircraft delivery

Airbus recently indicated that on account of some "industrial reasons" there could be a delay in the delivery of the aircraft.

Feb 8, 2016

Hidesign refocusing on overseas markets

Dilip Kapur, president of the lifestyle brand, spoke to IBTimes about the company's journey so far and its plans for the future, which include striking local partnerships while realigning its focus on the international market.

Feb 8, 2016

Iran asks Indian refiners to pay $6 billion dues in euros: Report

A PTI report said Iran will open or reactivate its accounts with Indian banks for the purpose.

Feb 8, 2016

Infosys using new system iCount to assess employee performance

Infosys employees will get feedback on their performance throughout the year under the new tool.

Feb 8, 2016

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Business news

PepperTap joins downsizing bandwagon, shuts shop in six cities

Gold regains Rs 28,000 level on safe-haven demand

PNB's Q3 profit plummets 93% on bad loan provisions

Dr Reddy's Labs Q3 net profit hit by forex loss, Venezuela operations

SpiceJet to choose between Boeing and Airbus for Rs 75,000-crore deal

Glaxo, Auro Pharma and Dr Reddy's to report better topline in December quarter: Angel Broking

IT shares plunge after Cognizant lowers guidance for March quarter

Amazon pumps in additional Rs 1,980 crore to boost India operations

Cognizant Q4 profit up 17%, revenue guidance for March quarter lowered

LafargeHolcim receives revised divestment order from India

Jewellers to go on strike over PAN norms on cash purchases

GoAir mulling $175 million IPO amid uncertainty over Airbus aircraft delivery

Hidesign refocusing on overseas markets

Iran asks Indian refiners to pay $6 billion dues in euros: Report

Infosys using new system iCount to assess employee performance

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]