Finance

IBM Denies Forbes Massive Layoff Report, Confirms 'Workforce Rebalancing' but on Smaller Scale

The IT firm dismissed rumours surrounding a Forbes report claiming the company is to cut about 1,12,000 jobs.

Jan 27, 2015

India's Swiss Gold Imports Cross ₹1.2 Lakh Crore in 2014; Illicit Funds Being Routed Back Through Bullion?

The government suspects bullion and diamonds are being used to bring back illicitly stashed money from foreign shores.

Jan 27, 2015

Air Vistara to Start Flying to Goa, Hyderabad; to Increase Fleet Size Soon

Air Vistara revealed plans to start flying to Goa and Hyd and also increase the number of flights per week to 164 by March.

Jan 24, 2015

Budget 2015 : No Increase in Tax Rates, Incentives for Manufacturing Sector

Jaitley indicates that Budget 2015 will not witness a rise in tax rates.

Jan 24, 2015

Govt Likely to Sell 5% Stake in PFC Next Week; Lines Up Dredging Corp, NMDC, IOC and NALCO

In a bid to limit the fiscal deficit to 4.1 per cent, the government is looking to sell stakes in key organisations.

Jan 24, 2015

King Abdullah's Death: Oil Price Increase Unlikely To Continue Amid Excess Supply

The new King will continue to use the services of Oil Minister Ali al-Naimi, read the royal decree.

Jan 24, 2015

102-air-india-pilots-found-flying-with-lapsed-licenses

Air India Eyes Expansion, May Place Order for Fleet Of Airbus A320 Neo

Air India is expected to place an order for Boeing 737 Max jets, in a bid to expand its fleet to take on the growing demand for air travel.

Jan 24, 2015

Saudi King Abdullah's Death Fans Speculation over Policy, Oil Jumps

The uncertainty surrounding the oil policy of Saudi Arabia, as it mourns its dead king, drove oil prices up. Brent crude moved as high as $49.80.

Jan 23, 2015

AI to Sell Assets to Prune ₹40k crore Debt; SpiceJet Receives Initial Approval for Revival, Shares Jump

Air India losses have reached 40k crore, with the airline trying to sell real estate. SpiceJet has received initial approval to facilitate management control going to Ajay Singh, who's trying to resurrect the cash-strapped airline.

Jan 22, 2015

Modi Govt Shifts Gears on Disinvestment, Lines Up Stake Sale in NMDC, IOC, NHPC and Dredging Corp

The government is gearing up to launch a slew of alternate stake sales, after its earlier planned offloading at CIL and ONGC hit a road block. Companies now considered include NMDC, NHPC, Dredging Corp and IOC

Jan 22, 2015

Budget 2015: 3-yr FDs could get Tax Exemption; Financial Institutions Call for Introduction of Corporate Tax-Slab

Banking industry representatives have called on the FM to rationalise the maturity period for tax exemption status on fixed deposits so that it is on par with mutual funds at three years.

Jan 22, 2015

SpiceJet Lessors Seek Return of 15 Boeing Aircraft

Aircraft lessors fearing a Kingfisher Airline saga, have asked for 15 of the 20 Boeing planes being operated by SpiceJet to be returned back.

Jan 21, 2015

Gold at Five-Month High, Breaches $1300 Mark

Demand for gold has increased in the past few days, due to a global slowdown forecast. Silver also saw increased demand from industry and coin-makers.

Jan 21, 2015

pm-modi-offers-prayers-at-varanasi-assi-ghat-launches-swachh-bharat-abhiyan

Modi's Swachh Bharat Abhiyan Sees World Bank Committing $1 Billion

The Clean India Mission is expected to cost more than ₹62,000 crore.

Jan 21, 2015

TCS Revokes Termination Of Pregnant Employee, Prepares To Face Lawsuit Filed By Another Dismissed Employee

TCS has revoked the termination order of a pregnant female employee, as per company policy. The company prepares to face the lawsuit bought on by another male employee.

Jan 21, 2015

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Finance

IBM Denies Forbes Massive Layoff Report, Confirms 'Workforce Rebalancing' but on Smaller Scale

India's Swiss Gold Imports Cross ₹1.2 Lakh Crore in 2014; Illicit Funds Being Routed Back Through Bullion?

Air Vistara to Start Flying to Goa, Hyderabad; to Increase Fleet Size Soon

Budget 2015 : No Increase in Tax Rates, Incentives for Manufacturing Sector

Govt Likely to Sell 5% Stake in PFC Next Week; Lines Up Dredging Corp, NMDC, IOC and NALCO

King Abdullah's Death: Oil Price Increase Unlikely To Continue Amid Excess Supply

Air India Eyes Expansion, May Place Order for Fleet Of Airbus A320 Neo

Saudi King Abdullah's Death Fans Speculation over Policy, Oil Jumps

AI to Sell Assets to Prune ₹40k crore Debt; SpiceJet Receives Initial Approval for Revival, Shares Jump

Modi Govt Shifts Gears on Disinvestment, Lines Up Stake Sale in NMDC, IOC, NHPC and Dredging Corp

Budget 2015: 3-yr FDs could get Tax Exemption; Financial Institutions Call for Introduction of Corporate Tax-Slab

SpiceJet Lessors Seek Return of 15 Boeing Aircraft

Gold at Five-Month High, Breaches $1300 Mark

Modi's Swachh Bharat Abhiyan Sees World Bank Committing $1 Billion

TCS Revokes Termination Of Pregnant Employee, Prepares To Face Lawsuit Filed By Another Dismissed Employee

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]