Business news

Banking Sector Frauds on Rise as Technology becomes Highly Sophisticated

Frauds encountered in the non-retail segment averaged 10 over the last two years, incurring a loss of about Rs 2 crore in each such incident, says Deloitte

Apr 24, 2015

Infosys' CEO Sikka speaks during a news conference at company's headquarters in Bangalore

Infosys Q4 Results: Analysts Expect Net Profit to Fall 2.7%

Analysts expect the company to report revenue growth of 9-11 percent in constant currency for 2015-16.

Apr 23, 2015

Capgemini Looks to Acquire US-based Igate, to Boost Headcount in India

With 40% of its employees in India, Capgemini's will further strengthen its employee base in the country with the new acquisition.

Apr 23, 2015

Tesco CEO Dave Lewis refuses to blame past management after supermarket suffers £6.4bn losses

Lewis speaks out after retail giant announced pre-tax losses of £6.4bn.

Apr 22, 2015

Virtual taste simulator enhances and restores flavour

Taste+ sends electric pulses to taste buds, simulating salt, bitter and sour sensations.

Apr 22, 2015

Spectacular Rebound in Indian Stock Markets Unlikely, Says Analysts

Despite the recent losses, the Sensex is still outperforming the World MSCI and EM MSCI indices leaving the valuations looking stretched, says Capital Economics.

Apr 22, 2015

Flipkart, Snapdeal to Become Profitable by 2020, Says UBS

Despite heavy losses and zooming valuations, e-tailers continue to attract funds raising concerns of a bubble.

Apr 22, 2015

Is Wipro Grooming Rishad Premji for Top Post?

Rishad's appointment to the board will bring him a step closer to the top position at the country's third largest IT services firm.

Apr 22, 2015

Micromax Canvas Spark Sold Out In Five Minutes: Next Sale Set For 13 May, Registrations Are Open

Micromax Plans Flash Sales to Defend Market Share

Micromax will sell exclusive products online at different price ranges on Flipkart, Amazon and Snapdeal, says Vineet Taneja, chief executive of the company

Apr 22, 2015

As Petrobras scandal spreads, economic toll mounts for Brazil

Tens of thousands of Brazilian workers have taken the latest hit in the multi-billion dollar corruption scandal involving state oil company Petrobras

Apr 21, 2015

Ed Miliband: Labour will launch emergency recruitment drive to tackle NHS staffing crisis

Labour leader Ed Miliband will today (21 April) return his focus to the NHS, as he sets out a Rescue Plan to be implemented in Labours first months in office.

Apr 21, 2015

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Current Rally in Crude Oil Prices Fuelled by 'Tourists', Says CITI

Sub-$50 is a reasonable price for crude in 2015, said Klienman.

Apr 21, 2015

A woman tries on a gold earring inside a jewellery showroom at a market in Mumbai

Will Gold Bought This Akshaya Tritiya Hold Value?

Although the decline in prices may lure many to purchase more gold this Akshaya Tritiya, analysts remain doubtful on the metal retaining its value bought at current levels.

Apr 21, 2015