Business news

Walmart India to open 30 stores in next 3 years [VIDEO]

The global retail giant plans to add 5-7 stores in the next calendar year even as it begins piloting 'dark stores' or fulfilment centres for retailers, stockists and kirana stores buying from it.

Nov 4, 2017

RCom unofficially shuts its voice calling business leaving lakhs of users fuming

RCom had also called off merger plans with Aircel citing regulatory delays and opposition from some creditors - a deal which would have helped it to pay its debts.

Nov 4, 2017

cpse etf, disinvestment, pm modi, modi govt, cpse etf ffo, strategic stake sale, indian economy

Why liquid funds are a better bet in this falling interest rate era

Liquid fund is a debt oriented Mutual Fund scheme that allows investment for a very short period and withdraw the fund within a few days, weeks or months, and get a stable return on it.

Nov 4, 2017

Will this event strengthen India's position as a global food factory?

Play

World Food India 2017: All you need to know [VIDEO]

India is expected to attract an investment of US $10 billion in food processing sector and generate 1 million jobs in the next 3 years.

Nov 3, 2017

LIC makes $1 billion bid for shares in New India Assurance IPO

With Rs 9,600 crore NIA's IPO is the second largest public issue this year after state-owned General Insurance Corporation of India's (GIC) Rs 11,372 crore issue.

Nov 3, 2017

Now cancelling air tickets will cost passengers more

SpiceJet on Wednesday increased its cancellation fee to Rs 3,000 for domestic flights and Rs 3,500 for international bookings, which was Rs 2,205 and Rs 2,500 respectively till Tuesday.

Nov 3, 2017

Will Ashok Vemuri be the next Infosys CEO?

Vemuri has previously served Infosys, as the global head of manufacturing and the Americas at Infosys.

Nov 3, 2017

sbi bonus issue, sbi bonus history, sbi q4 results, sbi share price, state bank of india q4 results, sbi chairperson arundhati, sbi merger, sbi sensex

SBI lowers lending rate: Here's what it means if you have a home loan

SBI has slashed lending rates by 5 bps across maturities for the first time in 10 months. If you are paying a fixed rate loan, you may want to move to an MCLR-linked loan.

Nov 3, 2017

Apple doubled its revenues from India, says CEO Tim Cook

It's not just iPhone sales that have increased in India, the company is also witnessing greater demand for other products such as iPads and Macs.

Nov 3, 2017

reliance communications, anil ambani, rcom debt default, rcom loan default, rcom downgrade, rcom share price, adag, indian telecom sector

30,000 telecom employees likely to face layoffs in next 12 months

Profiles like data entry, telecalling and ground sales with annual salaries ranging from Rs 1.2 lakh to Rs 2.8 lakh will become obsolete.

Nov 3, 2017

1,000 new start-ups joined in 2017, B2B and advanced tech start-ups pushing the ecosystem forward: Nasscom

With 40 percent of the start-ups in the B2B segment, its share in the overall tech start-up funding is over 30 percent.

Nov 2, 2017

infosys, infosys layoff, infosys hiring, it jobs, vishal sikka

More bleak days likely as major IT firms trim workforce by over 4,000

Brands like Infosys, Cognizant, Wipro and Tech Mahindra have seen quite a decline in their headcount in the last six months and are not too keen on campus placements either.

Nov 2, 2017