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ICICI Bank yet to respond to Rs 48 crore loss caused by NDTV's Prannoy and Radhika Roy

ICICI Bank's agreeing to foreclose a loan taken by Prannoy Roy, his wife Radhika Roy and their company, RRPR Holdings Pvt Ltd. Led to a Rs 48 crore loss, says CBI.

Jun 6, 2017

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Interesting facts about Prannoy Roy's news channel NDTV, its journalists and alleged irregularities

News channel NDTV's promoter Prannoy Roy's residence was raided by CBI for 'irregularities' in ICICI Bank matter; here is a look at the channel, its directors, share price, appointment of journalists.

Jun 6, 2017

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Gautam Adani backs go-ahead for $4 billion Australia coal mine

The company's decision "is a vote of confidence not just in the Queensland economy, but in Queensland people", Queensland Premier Annastacia Palaszczuk said.

Jun 6, 2017

Wipro offshore employees get 5% salary hike; company denies stake sale rumours

The salary hike for offshore Wipro employees was 9.5 percent last year as against 5 percent this year effective from June 1.

Jun 5, 2017

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

Wipro chairman Azim Premji's took home Rs 79 lakh in FY17 as compared to Rs 2.17 crore in FY16, and this time the drop could be due to the chairman not being paid commission.

Jun 5, 2017

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SpiceJet Q4 net profit falls 43% due to higher fuel costs, demonetisation

For the March 2017 quarter (Q4), low-cost carrier SpiceJet's net profit dropped to Rs 42 crore, YoY while revenues rose 10 percent.

Jun 3, 2017

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Infosys, TCS to hire 40,000 employees; Infy COO Pravin Rao says job losses 'overstated'

Infosys COO Pravin Rao says his company would hire 20,000 people while TCS has "already made" 20,693 job offers for 2017-18, amid talks of layoffs.

Jun 3, 2017

Fiat Chrysler to hire 1500 more employees in India by 2017-end

The 1500 employees will be hired at Fiat Chrysler's plant in Ranjangaon, Pune, where the company is manufacturing the Jeep SUV – the Compass -- for India as well as the international market.

Jun 3, 2017

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IT layoffs: Pessimism, fear grips employees; mid-level staff most vulnerable

A survey covering 11,000 IT employees by a business newspaper throws up many interesting insights into the context of job cuts.

Jun 2, 2017

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Reserve Bank of India initiates steps to replace outgoing deputy governor SS Mundra

SS Mundra, currently one of the four deputy governors of RBI, is due to retire in July.

Jun 2, 2017

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IT layoffs: Tech Mahindra, Wipro employees take cue from Cognizant counterparts, petition Karnataka govt via trade union FITE

Four Tech Mahindra employees and one from Wipro approached trade union FITE, which in turn had submitted their grievances to Karnataka government.

Jun 2, 2017

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Business news

ICICI Bank yet to respond to Rs 48 crore loss caused by NDTV's Prannoy and Radhika Roy

Interesting facts about Prannoy Roy's news channel NDTV, its journalists and alleged irregularities

Gautam Adani backs go-ahead for $4 billion Australia coal mine

Wipro offshore employees get 5% salary hike; company denies stake sale rumours

Wipro chairman Azim Premji's salary takes a nosedive by 63% as IT giant sees 4.7% fall in net income

SpiceJet Q4 net profit falls 43% due to higher fuel costs, demonetisation

Infosys, TCS to hire 40,000 employees; Infy COO Pravin Rao says job losses 'overstated'

Fiat Chrysler to hire 1500 more employees in India by 2017-end

IT layoffs: Pessimism, fear grips employees; mid-level staff most vulnerable

Reserve Bank of India initiates steps to replace outgoing deputy governor SS Mundra

IT layoffs: Tech Mahindra, Wipro employees take cue from Cognizant counterparts, petition Karnataka govt via trade union FITE

Privatising Air India: Tatas eyeing state-run carrier?

Tesla CEO Elon Musk, Disney head Robert Iger quit Trump's advisory councils after decision on Paris Climate deal

SpiceJet commences three new daily flights from Surat to Hyderabad, Goa and Jaipur

After Interglobe Aviation and Jet Airways, all eyes now on SpiceJet Q4 results