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All froth, no growth: Vijay Mallya never planned to repay Kingfisher loan, says CBI

Agency accuses him of seeking a SBI loan on the Kingfisher brand using deliberately exaggerated financials, different from that supplied to lending banks earlier.

Jun 30, 2017

IT sector employees likely to see a maximum hike of 9% even after months of delay in increment

Most companies are likely to give out hikes on the basis of the growth in its revenue, amounting to about 6-8 percent.

Jun 30, 2017

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CDSL lists at Rs 250 against issue price of Rs 149, rises further

The IPO of CDSL was oversubscribed almost 169 times, resulting in a stellar listing at almost 68 percent premium to issue price of Rs 149.

Jun 30, 2017

Play

10 years of the iPhone

Ten years ago, Steve Jobs unveiled the first generation of the iPhone, ten years later it and amp;#39;s been through multiple changes, Newsweek looks closely at some of them.

Jun 29, 2017

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Home interior design firm Livspace opens Design Centers

The company plans to open more such stores over the next 12-18 months.

Jun 29, 2017

Air India: Indigo, foreign airlines show interest in buying stake

Low-cost carrier Indigo has made an "unsolicited" offer to buy stake in national carrier Air India on Thursday, a day after Modi government decide to divest.

Jun 29, 2017

The sharing economy: Co-working spaces are the next investment plays

Huge pent-up demand for shared working spaces will attract a flurry of funding activity from institutional investors.

Jun 29, 2017

After reported layoffs, Cognizant delays promotions and salary hikes by 3 months

Cognizant Technology Solutions (CTS) has deferred promotions and salary hikes of its employees by three months, due to higher business costs, visa curbs and slow growth.

Jun 29, 2017

Here's why McDonald's has closed 43 outlets in Delhi; are 1,700 people jobless?

As many as 43 McDonalds restaurants in Delhi have been shut down, affecting the fate of 1,700 employees. Read to know why this happened.

Jun 29, 2017

KG-D6 gas output down to a drip, says Reliance

Company says trying to maintain liquid flow, sustain production until future projects are commissioned.

Jun 29, 2017

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Modi govt approves 'in-principle' sale of Air India; Tatas can be in the fray to buy national carrier

FM Arun Jaitley says the Union Cabinet on Wednesday gave "in-principle" approval to sell Air India; Tata Group, among others, could bid for buying the carrier.

Jun 28, 2017

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SAIL readies for new tax regime under GST

The company, besides appointing a consultant for overseeing the transition, has also formed special teams for coordination with its plants, units and marketing offices.

Jun 28, 2017

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Lingerie is a beautiful business to be in: Clovia CEO Pankaj Vermani

In an interview with International Business Times, India edition, Clovia CEO Pankaj Vermani talks about various aspects of the $4-billion lingerie market in India.

Jun 28, 2017

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RBI crackdown on loan defaulters triggers mega assets sale by Anil Ambani: Report

Anil Ambani has already decided to dilute stake in Reliance General Insurance and Reliance Nippon Life Asset Management via IPO, apart from selling assets in roads, real estate and under-sea cable, says Bloomberg.

Jun 28, 2017

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Wondering how much the SBI chief earns? Here's how low the salary is

SBI chairman Arundhati Bhattacharya took home Rs 28.96 lakh last fiscal, which might generally sound like a big amount but is extremely low when compared with the heads of private banks.

Jun 27, 2017

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Gautam Gambhir disgusted by Ambati Rayudu snub; takes a dig at Virat Kohli and selectors

9 hours ago