Companies

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Highlights of Axis Bank annual report FY2017

Credit cards, retail lending, digital banking, focus on SMEs and consolidating position debt markets are key extracts from Axis Bank's annual report for 2017.

Jul 4, 2017

Microsoft likely to lay off thousands of employees in massive corporate rejig: Report

While the intention behind the rejig is yet to be known, a document that seems to be a company memo says that it is a part of the company's plans to help its customers with "digital transformations."

Jul 4, 2017

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Nandan Nilekani, Helion's Sanjeev Aggarwal launch $100 million start-up fund

The Fundamentum Partnership will invest in early stage start-ups, say Nandan Nilekani and Sanjeev Aggarwal.

Jul 4, 2017

Air India divestment: More positives than negatives to a Maharaja's selloff

Was the intangible benefits of holding on to a 13 percent market share worth pouring red ink on a battered balance-sheet? The government didn't think so.

Jul 3, 2017

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Two wheeler sales June 2017: Hero Motocorp, TVS, HMSI, Royal Enfield report growth, Bajaj Auto volumes fall

June was a mixed bag for two-wheeler companies, with HMSI, Hero Motocorp, Royal Enfield and TVS Motor reporting modest-to-high growth.

Jul 3, 2017

Workers reject junior partner role for Thyssenkrupp in Tata JV

Thyssenkrupp reportedly aimed to hold less than half of the potential venture so it can deconsolidate the business from its balance sheet.

Jul 3, 2017

Iran to sign major gas deal worth $4.8 billion with French energy firm Total

A spokesman for Total confirmed the company will sign the contract to produce gas for the Iranian market from 2021.

Jul 3, 2017

Markets give thumbs-up to GST; Sensex gains 300 points, ITC top gainer

The first day of trading saw benchmark indices Sensex and Nifty end with 1 percent gain; ITC was the biggest gainer, followed by Hero Motocorp.

Jul 3, 2017

ONGC-led consortium offers $11 billion to Iran for Farzad-B gas field: Report

The offer involves $6 billion for developing the gas field and the remaining amount to build a liquefied natural gas export facility,according to a report.

Jul 3, 2017

shaktikanta das demonetisation arun jaitley raids income tax gold real estate arun jaitley modi criticism cash seized wealth undisclosed income bank officials suspended

GST impact: Fears of prices rising are "misplaced", says Shaktikanta Das

Don't pick up 5 items and say prices have gone up, says former economic affairs secretary on GST

Jul 2, 2017

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GST impact: Consumer durables burden may not be passed on to consumers

The consumer durables industry expects only a marginal price revision despite highest tax slab of 28%

Jul 2, 2017

An Apple pie less pricy: iPhone, iPad rates take slice-downs on GST effect

7.5 percent cut on prices of all iPhone models in India; Apple Watch and Mac prices too take a fall.

Jul 1, 2017

Infosys appoints D Sundaram as independent director

The former vice-chairman of Hindustan Unilever Limited heads TVS Capital Funds.

Jul 1, 2017

All froth, no growth: Vijay Mallya never planned to repay Kingfisher loan, says CBI

Agency accuses him of seeking a SBI loan on the Kingfisher brand using deliberately exaggerated financials, different from that supplied to lending banks earlier.

Jun 30, 2017

IT sector employees likely to see a maximum hike of 9% even after months of delay in increment

Most companies are likely to give out hikes on the basis of the growth in its revenue, amounting to about 6-8 percent.

Jun 30, 2017

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Companies

Highlights of Axis Bank annual report FY2017

Microsoft likely to lay off thousands of employees in massive corporate rejig: Report

Nandan Nilekani, Helion's Sanjeev Aggarwal launch $100 million start-up fund

Air India divestment: More positives than negatives to a Maharaja's selloff

Two wheeler sales June 2017: Hero Motocorp, TVS, HMSI, Royal Enfield report growth, Bajaj Auto volumes fall

Workers reject junior partner role for Thyssenkrupp in Tata JV

Iran to sign major gas deal worth $4.8 billion with French energy firm Total

Markets give thumbs-up to GST; Sensex gains 300 points, ITC top gainer

ONGC-led consortium offers $11 billion to Iran for Farzad-B gas field: Report

GST impact: Fears of prices rising are "misplaced", says Shaktikanta Das

GST impact: Consumer durables burden may not be passed on to consumers

An Apple pie less pricy: iPhone, iPad rates take slice-downs on GST effect

Infosys appoints D Sundaram as independent director

All froth, no growth: Vijay Mallya never planned to repay Kingfisher loan, says CBI

IT sector employees likely to see a maximum hike of 9% even after months of delay in increment

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]