Companies

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SBI bad loans balloon, post-merger provisioning likely to spike

SBI's five associate banks reported a 172.8 percent increase in gross NPAs at Rs 55,164 crore in the December 2016 quarter.

Apr 7, 2017

The Pink Star diamond ring: The most expensive jewellery in the world

The worlds most expensive gemstone, The Pink Star, was auctioned at a whopping $71.2m (£57m) in Hong Kong. The 59.6-carat gem is the largest pink diamond ever auctioned, which doubles the size of the runner up the Graff Pink.

Apr 7, 2017

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Uber takes $18 billion hit in mock funding round

In a survey done by CB Insights, 77 percent of the 3,500 respondents say they won't invest in Uber even at $50 billion valuation, a far cry from $68 billion few months ago.

Apr 7, 2017

Bad news for Jio users: Reliance Jio Summer Surprise offer withdrawn

Mukesh Ambani led Reliance Jio had to withdraw its Summer Surprise offer after Trai advised it to roll back the plan. TRAI had complaints from Jio's competitors Airtel and Vodafone

Apr 6, 2017

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PVR, Inox likely to report upbeat revenues for Q4, says Nirmal Bang analyst

Films such as Raees, Kaabil, Jolly LLB2 and Badrinath ki Dulhania released during March quarter buoyed sales for PVR and Inox.

Apr 6, 2017

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Zomato revenues rise 80% in FY2017; Deepak Gulati appointed as COO

Food technology start-up grossed $49 million in 2016-17 and managed to cut cash burn by 81 percent YoY to $12 million.

Apr 6, 2017

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PayU India launches online deferral payment facility 'LazyPay'

It is a product aimed at those who transact digitally for any amount between Rs 500 and 2,500, with an option to pay later.

Apr 6, 2017

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Infosys recognised as a 'leader' in NelsonHall's NEAT report for big data & analytics services

NelsonHall's Vendor Evaluation & Assessment Tool (NEAT) evaluated 13 vendors on two parameters.

Apr 6, 2017

Piling backlog to offset Gujarat plant advantage, long waiting period for Maruti Suzuki cars to continue

Maruti Suzuki is yet to deliver about 130,000 to 140,000 cars for customers.

Apr 4, 2017

bs iii vehicles, discount on scooters, discount on motorcycles, domestic auto sales, scooter sales, motorcycle sales, bs iii discount

Two-wheeler-makers report mixed results in volume sales despite discount-driven BS III push

With the ban on sale of BS III vehicles kicking in from April 1, companies disposed off old vehicles by offering huge discounts.

Apr 4, 2017

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Mahesh Kumar Jain appointed as Managing Director & CEO of IDBI Bank

Earlier, he was the Managing Director & Chief Executive Officer of Indian Bank.

Apr 4, 2017

Powered by Tiago and Tigor, Tata Motors' Sanand plant to touch 100% production soon

Tata Motors plan to produce around 10,000-12,000 cars per month that include Tiago, Tigor and Nano.

Apr 4, 2017

New explanation for why fertility declines with age emerges

Researchers at the University of Montreal Hospital Research Center (CRCHUM) have discovered a possible new explanation for female infertility. Age-related female infertility is explained by a defect in the choreography of chromosome sharing during cell division in eggs before they are fertilised. This video shows chromosome segregation in mouse eggs. The spindle is labelled in green while the chromosomes are labelled in red.

Apr 3, 2017

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SoftBank pulls out of Snapdeal funding round: Report

Indian e-commerce company Snapdeal is planning to raise around $200 million but SoftBank is apparently not keen on participating.

Apr 3, 2017

Post-merger, SBI opens with 500 million customers

Five associate banks of State Bank of India (SBI) and Bhartatiya Mahila Bank merged with the SBI effective from April 1, 2017.

Apr 3, 2017

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Companies

SBI bad loans balloon, post-merger provisioning likely to spike

The Pink Star diamond ring: The most expensive jewellery in the world

Uber takes $18 billion hit in mock funding round

Bad news for Jio users: Reliance Jio Summer Surprise offer withdrawn

PVR, Inox likely to report upbeat revenues for Q4, says Nirmal Bang analyst

Zomato revenues rise 80% in FY2017; Deepak Gulati appointed as COO

PayU India launches online deferral payment facility 'LazyPay'

Infosys recognised as a 'leader' in NelsonHall's NEAT report for big data & analytics services

Piling backlog to offset Gujarat plant advantage, long waiting period for Maruti Suzuki cars to continue

Two-wheeler-makers report mixed results in volume sales despite discount-driven BS III push

Mahesh Kumar Jain appointed as Managing Director & CEO of IDBI Bank

Powered by Tiago and Tigor, Tata Motors' Sanand plant to touch 100% production soon

New explanation for why fertility declines with age emerges

SoftBank pulls out of Snapdeal funding round: Report

Post-merger, SBI opens with 500 million customers

"Har Ghar Tiranga" campaign becomes a mass movement in J&K; sets enthusiastic atmosphere [details]

IIT Basar shocker: Workers caught taking bath in kitchen; students demand action [details]

Mob attacks police party during search operation in J&K village; cops severely injured [details]