Business news

Ola acquires Foodpanda India, commits to invest $200 million in food delivery business

Ola said it is committing an investment of Rs 1,300 crore ($200 million) into the food delivery business.

Dec 19, 2017

A man talks on his iPhone at a mobile phone store in New Delhi, India, July 27, 2016.

Apple India chief Sanjay Kaul quits over 5-year low in growth; Michel Coulomb named new head

Incidentally, Kaul's resignation also came on the day the company increased the prices of iPhones by an average of 3.5 percent after the government raised the basic customs duty (BCD) on mobile phones imported to India to 15 percent from 10 percent.

Dec 19, 2017

Crackdown on Bitcoin: I-T dept issues notices to 4 lakh HNIs across India

The Income Tax Department will seek relevant financial details and tax documents to scrutinise the transactions made by 4 lakh high net-worth individuals (HNI).

Dec 19, 2017

Teva layoffs: Workers threaten to blow up pharmaceutical firm's plant as they go on nationwide strike on Tuesday

A union has ordered that all operations at Teva sites in Israel be suspended on Tuesday and workers are now threatening to blow up the firm's plant as they go on strike today.

Dec 19, 2017

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Thousands protest inauguration of Austrias new cabinet with far-right party

Thousands of protesters gathered in solidarity against Austrias newly elected cabinet. The ruling coalition includes a far-right party that was founded by former Nazis in the 1950s.

Dec 18, 2017

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South Africas ANC votes to elect new leader

South Africas African National Congress delegates started voting early on Sunday evening to choose President Jacob Zumas successor, who has faced scandals and corruption. The counting is currently underway.

Dec 18, 2017

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Robots replace waiters in Indian restaurant

A new restaurant in India has equipped a full staff of robots as servers, creating a sensational cuisine experience.

Dec 18, 2017

Will Gujarat results force Modi govt to shelve controversial FRDI Bill for now?

The joint committee has sought an extension to submit the report before the parliament as it thinks its report won't be ready for presentation by December 15.

Dec 18, 2017

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15 companies that have survived over 100 years in India [VIDEO]

From India's independence struggle to economic liberalisation, these handful of Indian companies have stood the test of time.

Dec 16, 2017

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Business news

Ola acquires Foodpanda India, commits to invest $200 million in food delivery business

Apple India chief Sanjay Kaul quits over 5-year low in growth; Michel Coulomb named new head

Crackdown on Bitcoin: I-T dept issues notices to 4 lakh HNIs across India

Teva layoffs: Workers threaten to blow up pharmaceutical firm's plant as they go on nationwide strike on Tuesday

Thousands protest inauguration of Austrias new cabinet with far-right party

South Africas ANC votes to elect new leader

Robots replace waiters in Indian restaurant

Will Gujarat results force Modi govt to shelve controversial FRDI Bill for now?

Productivity and profit improvements depend on where companies place talents: Report

Bitcoin predicted to hit $300,000 to $400,000 as exchange giant CME launches futures

Airline companies drop flat Rs 3,000 cancellation fee after DGCA raises concern

Market recovers: Sensex closes 138 points up, Nifty secure gains as BJP win in Gujarat and Himachal Pradesh

UIDAI temporarily suspends Airtel, Airtel Payments Bank's e-KYC licence

E-way bills mandatory for goods movement from February 1: GST council

15 companies that have survived over 100 years in India [VIDEO]