Business news

Not lovin' it? After Delhi, McDonald's shuts down over 80 outlets in East India; more closures in the North possible

About 84 McDonald's outlets were shut down in East India and several outlets in the North may also face closure due to a supply crunch over issues of non-payment of dues.

Dec 26, 2017

Sensex tops 34,000, Nifty at all time high of 10,500

The rupee opened at 64.03 a dollar and was trading at 64.02 a dollar, up 0.03 percent from its Friday's close of 64.06.

Dec 26, 2017

Jobs related to Bitcoin industry double, IITians seek to work with blockchain technology

Companies related to cryptocurrency business such as Unocoin, Global DCX and Coinsecure all of which are open to hiring hi-tech talents said that they are flooded with responses to job postings.

Dec 23, 2017

Top 5 Nifty outperforming stocks in 2017

Shares of 33 of the 50 Nifty companies beat analyst forecasts made at the start of the year, the highest since 2014.

Dec 22, 2017

TCS bags record $2.25 billion outsourcing contract from Nielsen

The rating firm's outsourcing contract has been extended for five years until 2025. Nielsen has also committed to buying more services offered by TCS for the remaining part of the contract.

Dec 22, 2017

Despite 40% dip in interest in pharma sector jobs, Indian youths throng for Ayurveda jobs in 2017

The increase in interest for jobs in the Ayurveda sector happened at a time when the pharma sector witnessed 40 percent dip in people looking for jobs in the segment

Dec 21, 2017

How the Bachchans gained from Bitcoin's bull run

Soon after Meridian Tech linked its worth to the robust performance of cryptocurrencies, the Bachchans' stock investment skyrocketed in value.

Dec 21, 2017

2G scam verdict: Shares of Unitech, DB Realty, Sun TV spurt up to 20%

CBI judge OP Saini said that the prosecution has failed to prove the charges against the accused.

Dec 21, 2017

Flipkart seeks to shell out hundreds of millions of dollars on Artificial Intelligence, create jobs for data scientists

AI will be the key focus area of Flipkart in 2018 and the Bengaluru-based firm is already working with Microsoft as a partner.

Dec 21, 2017

Enforcement directorate likely to scrutinise Bitcoin exchanges in India

The Bitcoin issue is in patchy water, as the regulator has not legalised trading and transaction of virtual currency in the country.

Dec 21, 2017

In a first, Maruti Suzuki shares cross Rs 10,000 mark; enters elite group with Rs 3 lakh crore market value

With a rage of models across segments, Maruti Suzuki currently have over 50 percent market share in the domestic passenger vehicle market.

Dec 20, 2017

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Are startups in India being harassed by I-T department? Concerns raised over angel investment

Former Infosys board member Mohandas Pai, who is known for investing in many startups, raised the issue by tweeting to Union Finance Minister Arun Jaitley on Tuesday.

Dec 20, 2017

Centre willing to bring petrol under GST ambit, but after consensus with states

Earlier, during his tour to the US, the Union Finance Minister had hinted at the government's intentions to bring petrol under the GST regime, but never confirmed it.

Dec 20, 2017