Companies

How Infosys, TCS, Wipro, Tech Mahindra are expected to perform in June quarter

Profit margins of Infosys and TCS are likely to be hit due to the salary hikes announced during the last quarter, while Wipro and Tech Mahindra are projected to lag in revenue growth.

Jul 4, 2016

hero motocorp sales workers wage agreement salary hike three year two wheeler june sales exports auto industry labour dispute

Hero Motocorp workers at Gurgaon unit to get salary hike

However, the hike of about Rs. 12,500 over three years, effective from August 2015, is lower than the Rs. 18,000 the workers were demanding.

Jul 4, 2016

Kingfisher and UB Group chairman Vijay Mallya

Kingfisher Airlines' financial details lost without backup

The financial data is a crucial link in the alleged fraud in transfer of funds and other nonpayment of dues by the Airlines.

Jul 4, 2016

SBI to Govt Panel: ready for a one-time settlement with Vijay Mallya

The bank was ready for a haircut with some existing bad loans and it is not insisting on payment of interest upon interest, says a report

Jul 4, 2016

5 bidders finalised for Lafarge's India cement business

Two of the five bidders are foreign firms, which are expected to submit bids of Rs. 8,500-9,000 crore.

Jul 4, 2016

kerosene ongc bpcl hpcl shares diesel petrol omcs deregulation price hike

Kerosene deregulation buzz, price hike lift ONGC, HPCL, BPCL shares

State-run oil firms such as ONGC, Oil India, HPCL, BPCL and IOC rose on speculation of kerosene deregulation.

Jul 4, 2016

Flipkart, Snapdeal, Alibaba, Abof.com in race to acquire Jabong

The initial rounds of talks are on, and the Jabong sale deal is valued between $250 and $300 million.

Jul 4, 2016

ICICI Bank to add 1,000 ATMs, 400 bank branches across India in FY17

The bank aims to boost retail operations after it reported a 76% fall in net profit in the most recent quarter on higher provisioning.

Jul 3, 2016

ford motors exports car sales june 2016 india maruti suzuki hyundai honda toyota tata motors

Ford India exports rise sharply in June while others report decline or muted growth

Ford India car exports rose three-fold in June, while Maruti Suzuki, Hyundai, Toyota Kirloskar, Honda and Tata Motors reported mixed results.

Jul 2, 2016

gni world bank india ranking economy lower income

SBI sells 5% stake in NSE for Rs. 911 crore

SBI continues to hold close to another 10 percent stake in NSE and will divest it on realising value or targeted price.

Jul 2, 2016

Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Birla Sun Life, SBI MF buy over 1.5 million shares of Shriram City Union Finance on BSE

Two mutual funds â€” SBI and Birla Sun Life â€” bought 1 million shares of Shriram City Union Finance at Rs. 1,630 per share.

Jul 2, 2016

Apple fires back at Spotify over music streaming claims

The two companies have gone head to head in the battle for music streaming customers since Apple Music was launched in more than 100 countries last year.

Jul 2, 2016

SBI, Flipkart partner for loans without credit cards

On its 61st anniversary, the bank launched a series of digital offerings like SBI Mingle and SBI Digital Village.

Jul 1, 2016

Tata after Brexit: To leave or to stay in Britain

Tatas bonhomie with the British government, which runs back to the colonial days, may stand to gain with Brexit, says Nikkei review.

Jul 1, 2016

atf prices aviation companies airlines air india jet fuel operating costs

Jet fuel prices spike 25% in five months; aviation stocks fall, shares of IOC, BPCL, HPCL gain

The latest hike of 5.5 percent in jet fuel prices effective from Thursday midnight saw aviation stocks fall and oil marketing companies gain.

Jul 1, 2016

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Companies

How Infosys, TCS, Wipro, Tech Mahindra are expected to perform in June quarter

Hero Motocorp workers at Gurgaon unit to get salary hike

Kingfisher Airlines' financial details lost without backup

SBI to Govt Panel: ready for a one-time settlement with Vijay Mallya

5 bidders finalised for Lafarge's India cement business

Kerosene deregulation buzz, price hike lift ONGC, HPCL, BPCL shares

Flipkart, Snapdeal, Alibaba, Abof.com in race to acquire Jabong

ICICI Bank to add 1,000 ATMs, 400 bank branches across India in FY17

Ford India exports rise sharply in June while others report decline or muted growth

SBI sells 5% stake in NSE for Rs. 911 crore

Birla Sun Life, SBI MF buy over 1.5 million shares of Shriram City Union Finance on BSE

Apple fires back at Spotify over music streaming claims

SBI, Flipkart partner for loans without credit cards

Tata after Brexit: To leave or to stay in Britain

Jet fuel prices spike 25% in five months; aviation stocks fall, shares of IOC, BPCL, HPCL gain

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]