Business news

Emirates offers $7,000 as compensation to each passenger on crash-landed flight EK521

The airline is offering the sum to each of the 300 people who were on board the aircraft that crash-landed at Dubai last week.

Aug 12, 2016

aditya birla group merger grasim nuvo financial bse announcement chairman group ok

Aditya Birla Nuvo to merge with Grasim; financial services business to be merged with Aditya Birla Financial Services

The boards of Aditya Birla Nuvo and Grasim approved to merge into one entity; Aditya Birla Financial Services to list separately.

Aug 11, 2016

IDBI Bank posts net profit in June quarter on huge tax write-back; shares gain

Without the tax write-back of Rs. 1,206 crore, IDBI Bank would have posted a loss of Rs. 965 crore for the quarter.

Aug 11, 2016

Intel India, IIT Bombay collaborate to 'incubate' hardware and systems startups

The program is designed to support hardware and systems-based start-ups in India through mentoring, training, lab facilities.

Aug 11, 2016

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From algorithm to ESOP, 4 ways Infosys is using to fight attrition

The measures adopted by Infosys also throw light on how IT companies are bracing for changing trends.

Aug 11, 2016

Azim Premji, Shiv Nadar on Forbes' list of richest tech tycoons

Wipro Chairman Azim Premji and HCL founder Shiv Nadar beat Google CEO Eric Schmidt and Uber's Travis Kalanick in Forbes richest billionaires list.

Aug 11, 2016

Pakistan International Airlines air hostesses all set to go glamorous in new, chic uniform

The new uniform for PIA air hostesses has been designed by Nomi Ansari and will be worn from August 14 on PIA Premier.

Aug 11, 2016

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Bank of Baroda shares fall 10% over sharp decline in June quarter net profit

Bank of Baroda reported a 60 percent fall in Q1 net profit, leading to its shares plunging almost 10 percent on the BSE.

Aug 11, 2016

Indian gold demand to revive in H2 on surplus monsoon rains - World Gold Council

Two-thirds of demand in India, the world's second-biggest gold consumer, comes from villages, where jewellery is a traditional investment.

Aug 11, 2016

Corporate VC funding in Indian start-ups jumps 5-fold in June quarter

Internet, mobile and healthcare were the top three sectors for start-up funding activities in April-June quarter across the world, says a CB Insights report.

Aug 10, 2016

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BSE standalone income, net profit fall in June quarter; Asia's oldest stock exchange gears up for IPO

The BSE's standalone net profit for Q1 stood at Rs. 45.49 crore, down from Rs. 70.47 crore in the corresponding quarter last year.

Aug 10, 2016

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RBL Bank IPO: Price band, issue period, bid lot, QIB, retail portion finalised

The Rs. 1,200 crore public issue (IPO) of private lender RBL Bank opens four days after Independence Day.

Aug 10, 2016

Silicon Valley chip-maker Intel acquires AI start-up for $350 million

Califormia-based Intel Corporation enters the artificial intelligence (AI) foray with its first AI start-up acquisition.

Aug 10, 2016

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Markets heading towards 'gut wrenching drop', says Marc Faber

In a TV interview, investor Marc Faber says the fall in stock prices would "rival the greatest crashes" in the history of stock markets.

Aug 10, 2016

All app-based cab services in Delhi to ply by metre and on fare fixed by government

The Delhi High Court had directed the Arvind Kejriwal-led AAP government to formulate this policy.

Aug 10, 2016

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Business news

Emirates offers $7,000 as compensation to each passenger on crash-landed flight EK521

Aditya Birla Nuvo to merge with Grasim; financial services business to be merged with Aditya Birla Financial Services

IDBI Bank posts net profit in June quarter on huge tax write-back; shares gain

Intel India, IIT Bombay collaborate to 'incubate' hardware and systems startups

From algorithm to ESOP, 4 ways Infosys is using to fight attrition

Azim Premji, Shiv Nadar on Forbes' list of richest tech tycoons

Pakistan International Airlines air hostesses all set to go glamorous in new, chic uniform

Bank of Baroda shares fall 10% over sharp decline in June quarter net profit

Indian gold demand to revive in H2 on surplus monsoon rains - World Gold Council

Corporate VC funding in Indian start-ups jumps 5-fold in June quarter

BSE standalone income, net profit fall in June quarter; Asia's oldest stock exchange gears up for IPO

RBL Bank IPO: Price band, issue period, bid lot, QIB, retail portion finalised

Silicon Valley chip-maker Intel acquires AI start-up for $350 million

Markets heading towards 'gut wrenching drop', says Marc Faber

All app-based cab services in Delhi to ply by metre and on fare fixed by government

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]