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Ex-Citibanker Madhur Deora joins Paytm as CFO

Deora will be responsible for building and managing Paytm's newly formed financial services business.

Oct 6, 2016

Reliance Infra to sell power transmission business to Adani Transmission; shares rise

SBI Capital Markets Limited is acting as the financial advisor to Reliance Infrastructure for this transaction.

Oct 6, 2016

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Microsoft CEO Satya Nadella earns $17.69 million in 2016

The compensation for India-born CEO Satya Nadella is 3.2 percent lower than his 2015 earnings.

Oct 5, 2016

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Bond yields fall to 7-year-low after repo rate cut by MPC

Post the repo rate cut, bond yields fell to 6.771 percent, a level last seen in June 2009.

Oct 5, 2016

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Endurance Technologies IPO: Rs. 1,160 crore-public issue opens on Wednesday

Goldman Sachs, Nomura, HDFC MF, HSBC and other anchor investors put in Rs. 348 crore in Endurance Technologies.

Oct 5, 2016

Singapore Airlines arm Scoot expands flight services to India, adds Jaipur

Jaipur became the third destination in India for Scoot Airways.

Oct 4, 2016

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SpiceJet offers discounted fares on select routes

The four-day season sale, which was launched on October 4, will remain open till midnight of October 7.

Oct 4, 2016

Avenue Supermarkets, Genesis Colors consider initial public offering

The companies intend to utilise the funds for business expansion, loan replayment and general corporate purposes.

Oct 4, 2016

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Maruti Suzuki posts mixed results in volume sales for September quarter

Domestic sales rise 12.1 percent but exports drop 6.3 percent, while share prices appreciate 36 percent in three months.

Oct 4, 2016

Rafale jet deal: Reliance Group, Dassault Aviation set up joint venture

The aim is to benefit from local manufacturing requirements under the recently signed Rafale fighter aircraft deal.

Oct 3, 2016

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RBL Bank acquires 10% stake in Utkarsh Micro Finance; shares rise

Through the strategic move, the bank hopes to extend its distribution footprint and strengthen financial inclusion initiatives.

Oct 3, 2016

State Bank of India opens branch in Myanmar

The branch in Myanmar capital Naypyidaw marks SBI's 54th foreign branch spanning 37 countries.

Oct 3, 2016

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7th Pay Commission effect: Honda, Yamaha, Bajaj Auto two-wheeler sales spurt in September

Honda Motorcycle and Scooters, Bajaj Auto and India Yamaha post high domestic sales, riding on 7th CPC salary hike bonanza.

Oct 3, 2016

The headquarters of the Deutsche Bank are reflected in the polished floor, in Frankfurt, Germany, April 27, 2015.

Deutsche Bank to go ahead with planned 1,000 job cuts in Germany

Last October, its CEO had announced a plan to cut 9,000 jobs, which translates into nine percent of the global workforce.

Oct 3, 2016

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ICICI Prudential Life Insurance continues to disappoint investors

Shares of India's largest private insurer ICICI Prudential Life trade below its issue price even after 3 days of listing.

Oct 3, 2016

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