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BSE Sensex

IT stocks plunge on fears of H1B visa curbs; TCS, Infosys, Tech Mahindra and HCL Tech hit hard

The move will effectively make it difficult for Indian IT companies to do business in the world's largest software market. Jan 31, 2017
Nasscom

India's top private banks like ICICI and HDFC rope in robotics to boost services

Automation is changing things like never before in the services sector and concerns are being expressed over the loss of jobs. Jan 31, 2017
Deutsche Bank

Deutsche Bank to pay $425 million penalty over Russia money laundering 'mirror trades'

The violations of anti-money laundering laws involved Deutsche Bank's branches in Moscow, London and New York. Jan 31, 2017
Piramal Enterprises

Piramal Enterprises acquires spasticity, pain management drugs from UK-based Mallinckrodt for $171 million

The portfolio acquired includes Gablofen, a severe spasticity management product, and two pain management products under development. Jan 30, 2017
New Idea offers for prepaid customers

Vodafone, Idea merger: New entity to change the pecking order of Indian telecom

If the merger happens, the combined Vodafone-Idea entity would have 43% revenue share in the market by FY2018-19 against 33% of Bharti Airtel and 13% of Reliance Jio. Jan 30, 2017
India domestic help

Mumbai-based MyDidi buys on-demand home cleaning services platform TimeMyTask

The acquisition gives MyDidi access to B2B operations in New Delhi, Bengaluru and Pune in additional to its own B2C business in Mumbai. Jan 30, 2017
Suzuki Baleno

Suzuki Gujarat plant construction completed; production to start from February 1: Report

Baleno hatchback will be the first car to be rolled out from the Suzuki Gujarat plant. Jan 30, 2017
Mastercard

Mastercard eyes Indian e-commerce space, plans more tie-ups to expand footprint

Mastercard will bring innovative digital payment methods and partner with small businesses and outbound travelers. Jan 30, 2017
India stock market

Budget to chart stock market's direction in action-packed week ahead

Amid consensus of a populist Budget, markets do expect the finance minister to walk the self-committed fiscal consolidation path for FY2017-18. Jan 29, 2017
Volkswagen Audi

Volkswagen's Audi brand recalls nearly 600,000 SUVs in US over fire risks, airbag defects

Audi's expected recall in February includes 2013-2017 model year A5, A5 Cabriolet and Q5 SUVs with 2.0-liter turbocharged engines. Jan 29, 2017
India Post Payments Bank

India Post Payments Bank gets RBI licence to commercially start services

So far, only Paytm and Airtel have launched their payments bank commercial operations across India. Jan 29, 2017
kingfisher airlines, vijay mallya, kfa, kfa loans, manmohan singh and vijay mallya, upa helped mallya, idbi bank loans to kfa

Vijay Mallya blames everybody except himself for Kingfisher Airlines disaster

In a series of tweets, beleaguered businessman Vijay Mallya lists a series of problems for the mess that Kingfisher Airlines is in. Jan 28, 2017
gail, gail bonus issue, GAIL (India) bonus issue, gail q3 results, gail dividend, gail pipelines, gail projects

GAIL (India) recommends 1:3 bonus issue, 85% interim dividend; joins ONGC, IOC, HPCL, BPCL

State-run energy company GAIL (India) also plans to raise funds for its capex, in addition to declaring bonus shares and interim dividend. Jan 28, 2017
itc, itc share price, itc q3 results, itc enters healthcare, itc hotels, cigarette sales in india, cigarette who, cigarette companies in india, bat, reynolds

India's biggest cigarette company ITC plans healthcare foray

Cigarette sales form a major portion of total income for ITC; India has about 275 million smokers. Jan 28, 2017
Maruti Suzuki Ignis

Maruti Suzuki hikes car prices by up to Rs 8,000 with immediate effect

Commodity, transportation and administrative costs are the reasons for the hike in price. Jan 27, 2017
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