Business news

Olive branch to Iran? Trump says US ready for a new deal

The statement is completely opposite to the American hawkish policy against Iran in recent times.

Nov 4, 2018

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Early Diwali for blue chip stocks at Dalaal street; TCS, SBI gain

It is to be noted that the rise in oil prices and trade war initiated by the Trump administration has sent ripples across the stock markets, globally.

Nov 4, 2018

Axis Bank's Q2 standalone profit up 83% to Rs 790 crore

According to the firm, net profit during the quarter under review increased to Rs 789.61 crore from Rs 432.38 crore reported for the corresponding period of last fiscal.

Nov 4, 2018

Apple loses $1 trillion status after soft holiday forecast

The dip in Apple's shares to $208.50 knocked around $67 billion off its value, and put Amazon and Microsoft Corp back in the mix in the race among the United States' big tech players to be the world's most valuable company.

Nov 3, 2018

jet airways, jet airways etihad, emirates, emirates 2017 results, etihad emirates merger, gulf carriers hit by us rules, laptops banned to us flights

Amid cash crunch, Jet Airways permitting pilots to quit without notice period

In the last few months, about 50 pilots are said to have quit and most of them reportedly left just 48 hours after resigning, when the usual notice period is of six months. In addition, most of these pilots were of Jet's ATR planes, three of which have already been grounded.

Nov 2, 2018

Sensex opens over 300 points up, auto counters gain

The Sensex of the BSE opened at 34,743.95 from its previous close at 34,431.97 on Friday.

Nov 2, 2018

TCS acquires London-based W12 Studios

W12 Studios creates experiences and products for leading global brands.

Nov 1, 2018

Paytm Payments Bank, launch, offers,cash back

Satish Kumar Gupta: Former SBI Deputy General Manager takes over as Paytm Payments Bank CEO

The banker worked with State Bank of India for more than three decades after which he worked at the National Payments Corporations for six years.

Nov 1, 2018

Banking stocks lead indices to gains; weak rupee dents sentiment

Indian equity indices experienced a highly volatile session, but managed to make gains, as apprehensions over tension between RBI and government gave way to investors clinching attractive deals.

Oct 31, 2018

Tata Motors logos are seen at their flagship showroom

Tata Motors posts second-quarter loss amid lean JLR sales, one-off charge

Total expenses during July-September rose 8.6 percent, while revenue climbed to 712.93 billion rupees from 695.70 billion rupees a year earlier.

Oct 31, 2018

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Centre uses rare provision to force RBI's hand; board meeting on 19th

The government has apparently issued instructions to the RBI on matters such as liquidity at NBFCs, capital requirement for weak banks and lending to SMEs.

Oct 31, 2018

RBI vs Modi govt: Finance Ministry remains tight-lipped over invocation of Section 7 of RBI Act [Read full statement]

The Finance Ministry issued a statement amid the ongoing tussle with RBI over the invocation of Section 7 of the RBI Act.

Oct 31, 2018

Use an SBI debit card? You might not be able to withdraw more than Rs 20,000 from today

The maximum withdrawal has been halved by the bank to reduce losses in cases of ATM card fraud.

Oct 31, 2018

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In bruising war for e-wallet market, Paytm, PhonePe rack up heavy losses

While PhonePe's revenue in the financial year 2017-2018 expanded to Rs 42.79 crore it incurred losses to the tune of Rs 791.03 crore.

Oct 30, 2018

Will Delta Air Lines come to Jet Airways' rescue? May buy Goyal and Etihad's stake

Delta Air Lines has expressed an interest in buying stake in Jet Airways and has hinted about the same to Goyal. The Atlanta-based carrier is looking to buy not just Goyal's 51 percent stake in Jet, but is also eyeing the 24 percent stake, currently owned by Etihad Airlines.

Oct 30, 2018

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Bigil box office collection: Action and Sangathamizhan displace Thalapathy's film from top position

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