Business news

Coal India

Coal India Emerges as World's Sixth Biggest Mining Firm: PwC Report

Another state-controlled mining major NMDC saw its position moving up to 21 from an earlier 24.

Jun 15, 2015

Vedanta

Vedanta and Cairn India to Merge in a Deal Worth $2.3 Billion

Shareholders in Cairn India, India's top private sector oil producer, will get one share in Vedanta Ltd for every share held

Jun 15, 2015

Vedanta

Vedanta Chairman Anil Agarwal Announces Merger with Cairn India

Anil Agarwal said the merger of Cairn India and Vedanta Ltd is to support India's economic growth.

Jun 14, 2015

Tata Consultancy Services

TCS, Infosys Among Top 50 Global Firms That Return More, Spend Less

TCS handed out a massive dividend of ₹15,474 crore for fiscal year ending March 2015.

Jun 13, 2015

IIT Bombay

IIT Revises Qualifying Marks for ST Candidates to Avert Backlog

Students belonging to ST category are now required to score 124 (24.5%) out of 504.

Jun 13, 2015

Flipkart

India's Top e-Commerce Firms with Billion Dollar Valuation [PHOTOS]

Backed by big investors, Flipkart is currently the most valued start-up in e-commerce space.

Jun 13, 2015

Flipkart Moves Nearly 300 Employees to Outsourcing Firm Serco

The Bengaluru-based firm has to maintain a lean size in order to compete with the new entrants and other majors such as Snapdeal and Amazon

Jun 13, 2015

Maggi noodles

Maggi Noodles Row: Bombay High Court Rejects Interim Relief to Nestle India Against FSSAI Ban

The next hearing has been slated for 30 June.

Jun 12, 2015

IndiGo

Indigo Joins Discount Offer Bandwagon; Announces Flash Sale, Fares Start at ₹1,727

The travel period for tickets booked under the offer, which will end on 13 June, is from 1 July-30 September.

Jun 12, 2015

Idea Cellular Launches 'Roll Over 3G' Feature

The feature will allow Idea postpaid subscribers to carry forward their unused 3G data balance to next month.

Jun 12, 2015

Mukesh Ambani, Chairman and Managing Director Of Reliance Industries Ltd.

Reliance Industries to Invest Over ₹2 lakh Crore to Expand Oil Business; to Roll Out 4G Services by December: Mukesh Ambani

Leading foreign brokerages Goldman Sachs and CLSA expect RIL to post net profit of over ₹35,000 crore in 2016-17.

Jun 12, 2015

Department of Labor, US government

TCS, Infosys Come Under Scrutiny in US Over Violation of H-1B Visa Rules

The US Labour Department move comes days after it was reported that around 250 Walt Disney employees had been laid off and replaced with Indians holding H-1B visas.

Jun 12, 2015

Rail budget train

Govt Panel Recommends Permitting Private Players To Run Passenger Trains

The panel also seeks introducing external talent to restructure the state-owned transporter drastically.

Jun 12, 2015

Tata Group Launches E-Commerce Portal Exclusively for its Employees

The $103-billion conglomerate is testing the initiative that will cover five lakh employees.

Jun 12, 2015

Foxconn Plans Production Units In India

Foxconn Building First Apple Plant in India?

Foxconn has said it is aiming to develop 10-12 facilities in India, including factories and data centres, by 2020

Jun 12, 2015

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