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More pain ahead: Indian banks stare at Rs 2.5 trln new bad loans

Power sector has been a major concern in India, due to decline in fiscal health of State Electricity Boards.

Apr 5, 2018

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Vistara can now start global operations, gets its 20th aircraft

According to government's 0/20 rule, an airline should have at least 20 aircrafts in its fleet before being allowed to fly internationally.

Apr 4, 2018

Amazon may make rival bid for Flipkart: Report

Amazon has held early exploratory talks to buy Flipkart even as the latter closes in on a sale to Walmart, the report said.

Apr 4, 2018

Jio Payments Bank to compete with Airtel, Paytm and others: Quick facts

Jio Payments Bank is the latest entrant in the market, after payments banks from Airtel, India Post, Fino Paytech and Paytm.

Apr 4, 2018

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India as the next Silicon Valley: World Bank says do the homework

World Bank has said that India needs to do more about the under-developed innovation ecosystem in the country.

Apr 4, 2018

Japanese company offers $1 million for the right tech talents

At a time when Indian techies are staring at tough times in the United States, Japan is offering irresistible salary to IT professionals.

Apr 3, 2018

Bharti Airtel: Why analysts are bullish on worst performing Indian stock?

More than 70 percent of analysts covering the company suggest buying the stock, which has tumbled 27 percent this year.

Apr 3, 2018

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Recruitment drive: Tata Motors, Maruti Suzuki to hire 4,500 people in FY19

The job drive in the Indian automobile space comes after the passenger vehicle segment witnessed steady launches last year.

Apr 3, 2018

Amazon India sacks 60 employees as part of global restructuring

There may be more layoffs as Amazon India had put 25 percent more employees on performance improvement plans in the December quarter.

Apr 3, 2018

Big Bazaar imitates Walmart's 'everyday low price' model as competition heats up

The Kishore Biyani-owned retail chain is changing its discount pricing strategy and mimicking Walmart's global everyday low pricing business model.

Apr 3, 2018

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LPG price cut: Know how much you have to pay now

Oil marketing companies in the country have reduced non-subsidized and subsidized LPG cylinder prices by Rs 35.50 and Rs 1.74, respectively.

Apr 2, 2018

Marks & Spencer finds sweet spot in India: lingerie

M&S, which launched its inner-wear products in India in 2014, plans to add more standalone lingerie stores from the existing six.

Apr 2, 2018

Soon automakers to deliver cars fitted with number plates

Currently, a vehicle license plate is procured by various states separately from designated agencies.

Apr 2, 2018

7 Bank frauds that have rocked Indian banking sector in 2018

Until now 2018 has seen a string of bank frauds and scams across India and has raised questions about the governance and credit managing practices at private and public sector banks.

Mar 31, 2018

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Karnataka Bank reports Rs 86 crore fraud: Mehul Choksi's Gitanjali Gems involved

Karnataka Bank has reported a fraud to Reserve bank of India amounting to Rs 86.47 crore in the fund based working capital facilities extended to Gitanjali Gems Limited.

Mar 29, 2018