Companies

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

gst, sail ready for gst, gst rollout, gst implementation, steel, steel companies in india

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

Vivo bids a mindboggling Rs 2,199 Crores to retain IPL title sponsorship till 2022

The Chinese smartphone manufacturer hopes that working with the BCCI will give them a major boost in their growth.

Jun 27, 2017

India's SpiceJet is world's top performing airline stock with 124% gain

SpiceJet, at the beginning of 2017, had ordered 100 Boeing 737 Max aircraft, valued at $11 billion, with a total of $26 billion in plane orders to boot.

Jun 27, 2017

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Tejas Networks makes lukewarm debut on BSE, lists at issue price of Rs 257

Tejas Networks Ltd made a lukewarm debut at the Bombay Stock Exchange on Tuesday, June 27 and its shares opened at Rs 257, unchanged from its issue price.

Jun 27, 2017

e-commerce , credit card, online shopping

Ahead of GST rollout, govt postpones implementation of TDS, TCS

The decision was taken upon trade and industry feedback on Tax Deduction at Source and Tax Collection at Source.

Jun 26, 2017

Amazon will keep investing in India, Bezos assures Modi

Jeff Bezos was one of 20 odd US business leaders who met Modi on Sunday.

Jun 26, 2017

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Infosys admits automation related job losses hit 11,000

Indian IT-giant Infosys held its 36th Annual General Meeting on Saturday, June 24, during which it admitted that it had released 11,000 jobs due to automation.

Jun 26, 2017

Royal Bank of Scotland to cut 443 jobs in UK, plans to move many roles to India for cost-cutting

The Royal Bank of Scotland job cut will mostly affect the department that deals with loans for small businesses, and the decision was reportedly made to cut the rising costs of the company.

Jun 26, 2017

Big deal with steel: Rs 5,000-cr JV between SAIL and ArcelorMittal may be closed next month

The proposed Rs 5,000-crore joint venture seeks to construct a cold rolling mill and other downstream finishing facilities in India.

Jun 25, 2017

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Companies

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

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

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

SAIL readies for new tax regime under GST

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

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

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

Vivo bids a mindboggling Rs 2,199 Crores to retain IPL title sponsorship till 2022

India's SpiceJet is world's top performing airline stock with 124% gain

Tejas Networks makes lukewarm debut on BSE, lists at issue price of Rs 257

Ahead of GST rollout, govt postpones implementation of TDS, TCS

Amazon will keep investing in India, Bezos assures Modi

Infosys admits automation related job losses hit 11,000

Royal Bank of Scotland to cut 443 jobs in UK, plans to move many roles to India for cost-cutting

Big deal with steel: Rs 5,000-cr JV between SAIL and ArcelorMittal may be closed next month

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]