Business
GST Collections Hit Rs 92,283 Cr in July Surpassing Target: Jaitley
National Business August 29, 2017 07:40 PM
India's maiden GST collections hit Rs 92,283 crore in July, surpassing the target, Finance Minister Arun Jaitley said today. The tax mobilisation so far
US Law Firms Initiate Investigation Against Infosys
Business August 19, 2017 05:06 PM
Four US law firms have said they are investigating potential claims on behalf of Infosys investors on whether the Indian company and some of its
Infosys Board Blames Founder Murthy's 'Continuous Assault' For Sikka's Exit
Business August 18, 2017 01:14 PM
In a scathing attack on N R Narayana Murthy, Infosys Board today blamed his "continuous assault" as the primary reason for CEO Vishal Sikka quitting
July Retail Inflation Hardens to 2.36% Amid Rise in Food Prices
Business August 14, 2017 07:08 PM
Retail inflation jumped to 2.36 per cent in July, chiefly driven by hardening of prices in sugar and confectionery items, pan, tobacco and intoxicants.
Industrial Output Enters Negative Territory, Contracts 0.1 Percent In June
Business August 11, 2017 07:26 PM
Industrial output entered the negative territory in June contracting by 0.1 per cent mainly due to decline in manufacturing and capital goods sectors. Besides, segments like
'Watch' Out! Facebook Takes On Netflix, YouTube With Redesigned Video Programming
Business August 10, 2017 08:10 PM
Facebook is rolling out a new video service offering professionally produced shows in a challenge to rivals such as YouTube, and potentially to streaming providers
Insurance Industry: India Lagging Behind in Investment in Digital Technologies
Business National August 07, 2017 07:34 PM
Globally insurance companies are increasing investment in digital technologies, but Indian firms are lagging behind, said a CII-PwC report.  "Global average investment in digital
Gujarat: IOC To Buy Upto 50 Percent Stake In Adani-Backed Mundra LNG Terminal
Business August 04, 2017 07:11 PM
State-owned Indian Oil Corp (IOC) today said it will acquire up to 50 per cent stake in Adani Group-backed Mundra LNG import terminal in Gujarat
RBI Cuts Key Rate by 0.25%, to Lower Home, Auto EMIs
Business August 02, 2017 03:20 PM
The Reserve Bank today slashed benchmark lending rate by 0.25 per cent to 6 per cent citing reduction in upside risk to inflation, a move
Another Blow for Snapdeal as Technology, Product and Engineering Heads Resign
Business August 01, 2017 02:07 PM
After the announcement of major layoff with an agenda to cut down 80 percent of its employee strength in the company, Snapdeal on Tuesday witnessed
Snapdeal Ends Merger Talks With Flipkart, To 'Pursue Independent Path'
Business July 31, 2017 02:52 PM
E-commerce firm Snapdeal today terminated talks for a takeover by larger rival Flipkart, saying it will "pursue an independent path" to continue its operations.
ASSOCHAM Urges RBI To Slash Interest Rates Due To Low Inflation, Decline In Factory Output
Business July 30, 2017 05:53 PM
Against the backdrop of a decline in factory output, with inflation at a five-year low, the ASSOCHAM on Sunday wrote to the Reserve Bank of
ED Conducts Searches At Five Locations in Rs 600 Cr Ponzi Probe
Business July 28, 2017 03:08 PM
The ED today conducted searches at five locations in the country in connection with a money laundering ponzi case worth Rs 600 crore. "The
RBI Sets Rupee Reference Rate at 64.1216 Against Dollar
Business July 27, 2017 03:37 PM
The Reserve Bank of India today fixed the reference rate of the rupee at 64.1216 against the US dollar and 75.2082 for the euro. The corresponding
RBI Sets Rupee Reference Rate at 64.4208 Against Dollar
Business July 26, 2017 04:31 PM
The Reserve Bank of India today fixed the reference rate of the rupee at 64.4208 against the US dollar and 74.9214 for the euro. The corresponding
Google CEO Sundar Pichai Joins Alphabet Board Of Directors
Business July 25, 2017 12:10 PM
A long-time Google employee, 45-year-old Pichai, an IIT Kharagpur alumnus born in Chennai, has been leading the company for the past two years
Sensex Hits Fresh Peak of 32,135.91, Nifty at 9,939.30
Business July 24, 2017 10:10 AM
 The BSE Sensex hit record high of 32,135.91 points and Nifty touched life-time high of 9,939.30 in opening trade today on buying in oil and
Sensex Climbs 124 Pts, Nifty Above 9,900 as RIL Leads Rally
Business July 21, 2017 04:47 PM
 Benchmark Sensex ran up 124 points today, spurred by Reliance Industries reporting its highest quarterly earnings and its announcement of a bonus issue. Strong
Sensex Above 32,000 on Funds Inflows, Earning Hopes
Business July 20, 2017 10:18 AM
The benchmark Sensex took control of the key 32,000-mark and the NSE Nifty got above 9,900 today after confidence over corporate earnings brought in more
Air India Net Loss Reduces to Rs 3,643 Crore, Operating Profit Rises in 2016-17
Business July 18, 2017 05:53 PM
Air India's net loss after tax narrowed to Rs 3,643 crore and operating profit rose to Rs 300 crore in the last financial year, the
GST Collections Hit Rs 92,283 Cr in July Surpassing Target: Jaitley
National Business August 29, 2017 07:40 PM
India's maiden GST collections hit Rs 92,283 crore in July, surpassing the target, Finance Minister Arun Jaitley said today. The tax mobilisation so far
GST Collections Hit Rs 92,283 Cr in July: Jaitley
Business National August 29, 2017 07:39 PM
India's maiden GST collections hit Rs 92,283 crore in July, surpassing the target, Finance Minister Arun Jaitley said today. The tax mobilisation so far
US Law Firms Initiate Investigation Against Infosys
Business August 19, 2017 05:06 PM
Four US law firms have said they are investigating potential claims on behalf of Infosys investors on whether the Indian company and some of its
Infosys Board Blames Founder Murthy's 'Continuous Assault' For Sikka's Exit
Business August 18, 2017 01:14 PM
In a scathing attack on N R Narayana Murthy, Infosys Board today blamed his "continuous assault" as the primary reason for CEO Vishal Sikka quitting
Infosys Board Blames Founder Murthy's 'Continuous Assault' For Sikka's Exit
Business August 18, 2017 01:12 PM
In a scathing attack on N R Narayana Murthy, Infosys Board today blamed his "continuous assault" as the primary reason for CEO Vishal Sikka quitting
Infosys Stock Tanks Over Six Percent After Sikka's Resignation
Business August 18, 2017 10:08 AM
Stocks of Infosys today tanked over 6 percent in early morning trade after Vishal Sikka resigned as MD and CEO of the firm. Reports mention that
July Retail Inflation Hardens to 2.36% Amid Rise in Food Prices
Business August 14, 2017 07:08 PM
Retail inflation jumped to 2.36 per cent in July, chiefly driven by hardening of prices in sugar and confectionery items, pan, tobacco and intoxicants.
Sensex Spikes 235 Pts As Geo-Political Heat Eases
Business August 14, 2017 05:02 PM
Stocks today rose for the first time in six days, with the benchmark Sensex rebounding over 235 points to end at 31,449 as investors took
No Exemption from 18% GST For Food Served Or Takeaway from Non-AC Area at AC Restaurant
Business National August 14, 2017 11:40 AM
The 18% GST rate will be applicable even for the food served or takeaway from non-AC areas of AC restaurants, the government has clarified. A uniform
Industrial Output Enters Negative Territory, Contracts 0.1 Percent In June
Business August 11, 2017 07:26 PM
Industrial output entered the negative territory in June contracting by 0.1 per cent mainly due to decline in manufacturing and capital goods sectors. Besides, segments like
Government Has Not Written Off Single Rupee Of Corporate Loans, Says FM Jaitley
Business August 11, 2017 03:29 PM
Union Minister Arun Jaitley today asserted that not even a single rupee of loans taken by the corporates has been written off by the government
'Watch' Out! Facebook Takes On Netflix, YouTube With Redesigned Video Programming
Business August 10, 2017 08:10 PM
Facebook is rolling out a new video service offering professionally produced shows in a challenge to rivals such as YouTube, and potentially to streaming providers
Sensex Slides Further By 160 Pts, Auto, PSU Stocks Drag
Business August 10, 2017 10:19 AM
Continuing its downward trend, the BSE Sensex fell over 160 points and the NSE Nifty broke below the 9,900-mark in early trade today amid weak
Insurance Industry: India Lagging Behind in Investment in Digital Technologies
Business National August 07, 2017 07:34 PM
Globally insurance companies are increasing investment in digital technologies, but Indian firms are lagging behind, said a CII-PwC report.  "Global average investment in digital
Gujarat: IOC To Buy Upto 50 Percent Stake In Adani-Backed Mundra LNG Terminal
Business August 04, 2017 07:11 PM
State-owned Indian Oil Corp (IOC) today said it will acquire up to 50 per cent stake in Adani Group-backed Mundra LNG import terminal in Gujarat
RBI Cuts Key Rate by 0.25%, to Lower Home, Auto EMIs
Business August 02, 2017 03:20 PM
The Reserve Bank today slashed benchmark lending rate by 0.25 per cent to 6 per cent citing reduction in upside risk to inflation, a move
Rupee Loses 5 Paise Against Dollar to 64.12
Business August 02, 2017 10:33 AM
 The rupee today edged down by 5 paise to 64.12 against the dollar today as the latter found buying traction among importers ahead of RBI
Stock Indices Make a Strong Opening Ahead of RBI Decision
Business August 02, 2017 10:14 AM
Rate cut hopes lifted markets to records today as the Sensex surged 111 points to 32,687 and Nifty hit a life high of 10,138, with
Another Blow for Snapdeal as Technology, Product and Engineering Heads Resign
Business August 01, 2017 02:07 PM
After the announcement of major layoff with an agenda to cut down 80 percent of its employee strength in the company, Snapdeal on Tuesday witnessed
Snapdeal Ends Merger Talks With Flipkart, To 'Pursue Independent Path'
Business July 31, 2017 02:52 PM
E-commerce firm Snapdeal today terminated talks for a takeover by larger rival Flipkart, saying it will "pursue an independent path" to continue its operations.
ASSOCHAM Urges RBI To Slash Interest Rates Due To Low Inflation, Decline In Factory Output
Business July 30, 2017 05:53 PM
Against the backdrop of a decline in factory output, with inflation at a five-year low, the ASSOCHAM on Sunday wrote to the Reserve Bank of
ED Conducts Searches At Five Locations in Rs 600 Cr Ponzi Probe
Business July 28, 2017 03:08 PM
The ED today conducted searches at five locations in the country in connection with a money laundering ponzi case worth Rs 600 crore. "The
Rains Batter Ahmedabad, Gandhinagar, Over 54,000 Relocated
Business July 28, 2017 02:17 PM
Heavy rains pounded Ahmedabad and Gandhinagar districts today, disrupting rail and road traffic, even as people dissatisfied with relief measures clashed with police in Arvalli
Sensex Slides 190 Points on Profit-Booking
Business July 28, 2017 10:07 AM
The Sensex slumped almost 190 points to 32,193.63 and the NSE Nifty cracked below the 10,000-mark in early trade today as the August derivatives series
Rupee Slides 11 Paise Against Dollar in Early Trade
Business July 28, 2017 09:41 AM
The rupee fell by 11 paise to 64.22 against the US dollar at the Interbank Foreign Exchange today on month-end dollar demand from importers and
RBI Sets Rupee Reference Rate at 64.1216 Against Dollar
Business July 27, 2017 03:37 PM
The Reserve Bank of India today fixed the reference rate of the rupee at 64.1216 against the US dollar and 75.2082 for the euro. The corresponding
Axis Bank to Acquire Payments Wallet Freecharge for Rs 385 Cr
Business July 27, 2017 01:12 PM
Country's third largest private sector lender Axis Bank today entered into an agreement to acquire payments wallet Freecharge for Rs 385 crore in an all-cash
Rupee Surges 21 Paise Aagainst Dollar After No Rate Hike By US Fed
Business July 27, 2017 10:17 AM
The rupee surged by 21 paise to 64.16 against the US currency in early trade at the Interbank Foreign Exchange today as the dollar weakened
Sensex at New Peak of 32,533.34 on Fund Inflow, F&O Expiry
Business July 27, 2017 10:15 AM
The benchmark BSE Sensex soared to a fresh life-time high of 32,533.34 and the NSE Nifty hit a new high of 10,068.40 in opening trade
RBI Sets Rupee Reference Rate at 64.4208 Against Dollar
Business July 26, 2017 04:31 PM
The Reserve Bank of India today fixed the reference rate of the rupee at 64.4208 against the US dollar and 74.9214 for the euro. The corresponding
Nifty Hits Closing Record Above 10K, Sensex At Fresh Peak Too
Business July 26, 2017 09:54 AM
Making record a habit of sorts, the Nifty today closed above 10,000 in a first and the Sensex set a fresh life high, powered by
Rupee Weakens By 5 Paise On Strong Dollar Demand
Business July 26, 2017 09:37 AM
The rupee fell by 5 paise to 64.43 against the US dollar in early trade today due to increased demand for the American currency from
Google CEO Sundar Pichai Joins Alphabet Board Of Directors
Business July 25, 2017 12:10 PM
A long-time Google employee, 45-year-old Pichai, an IIT Kharagpur alumnus born in Chennai, has been leading the company for the past two years
Rupee Softens 5 Paise Against Dollar in the Morning Trade
Business July 25, 2017 09:56 AM
The rupee weakened by 5 paise to trade at 64.39 against the US dollar in opening session at the Interbank Foreign Exchange today. Fresh demand for
Nifty Breaches 10,000 Mark For The First Time, Sensex At New High On Fund Inflows
Business July 25, 2017 09:48 AM
Creating history, the NSE Nifty today breached the 10,000 level for the first time while the BSE Sensex hit another record high of 32,374.30 in
Sensex Hits Fresh Peak of 32,135.91, Nifty at 9,939.30
Business July 24, 2017 10:10 AM
 The BSE Sensex hit record high of 32,135.91 points and Nifty touched life-time high of 9,939.30 in opening trade today on buying in oil and
Rupee Drops by 11 Paise Against US Dollar in Early Trade
Business July 24, 2017 09:56 AM
The rupee today dropped by 11 paise to 64.43 against the US currency in the opening session due to fresh dollar demand from importers.
Sensex Climbs 124 Pts, Nifty Above 9,900 as RIL Leads Rally
Business July 21, 2017 04:47 PM
 Benchmark Sensex ran up 124 points today, spurred by Reliance Industries reporting its highest quarterly earnings and its announcement of a bonus issue. Strong
Six Telecom Companies Under-Reported Revenue By Rs 61,064.5 Crore, Says CAG Report
Business July 21, 2017 04:00 PM
Private telcos, including Bharti Airtel, Vodafone and Idea, understated revenues to the extent of Rs 61,064.5 crore during 2010-11 and 2014-15, leading to a "short
ED Files Chargesheet Against Misa Bharti's CA in Money Laundering Case
Business July 21, 2017 02:18 PM
The Enforcement Directorate (ED) on Friday filed a chargesheet against Rashtriya Janata Dal (RJD) supremo Lalu Prasad Yadav's daughter Misa Bharti's Chartered Accountant (CA) Rajesh
Supreme Court to Hear Coal Block Allocation Scam Case Today
Business July 21, 2017 10:57 AM
The Supreme Court today will hear the cases in connection with the coal block allocation scam. Earlier, Union Human Resource and Development (HRD) Minister Prakash Javadekar
Plea In Supreme Court To Accept Demonetised Notes At Temples
Business July 21, 2017 10:25 AM
A petition was today filed before the Supreme Court seeking a direction to the Centre and RBI to accept about Rs 8.29 crore in demonetised
Rupee Firms Up 8 Paise Against Dollar at 64.35
Business July 21, 2017 10:00 AM
The rupee strengthened 8 paise to 64.35 against the dollar today on heightened selling of the US currency by exporters and banks, with stronger domestic
Jet Airways Entails 10-Day Off Per Month to Pilots Meaning At Least 30 Per Cent Salary Cut
Business July 21, 2017 09:59 AM
The carrier has virtually told the pilots to leave the airline, if they do not accept this option.
Sensex Above 32,000 on Funds Inflows, Earning Hopes
Business July 20, 2017 10:18 AM
The benchmark Sensex took control of the key 32,000-mark and the NSE Nifty got above 9,900 today after confidence over corporate earnings brought in more
Rupee Slips 7 Paise to 64.35 Against Dollar
Business July 20, 2017 09:53 AM
The rupee weakened 7 paise to 64.35 against the dollar today, hurt by fresh demand for the American currency from importers. The dollar rose to a
Air India Net Loss Reduces to Rs 3,643 Crore, Operating Profit Rises in 2016-17
Business July 18, 2017 05:53 PM
Air India's net loss after tax narrowed to Rs 3,643 crore and operating profit rose to Rs 300 crore in the last financial year, the
Govt Says Not Possible To Isolate Impact Of Demonetisation On India's GDP
Business July 18, 2017 05:46 PM
It is not possible to isolate the impact of demonetisation on India's GDP as economic growth of a country depends on a number of factors,
18% GST on 5-star, Other Hotels With Tariff Less Than Rs 7.5K
Business July 18, 2017 04:30 PM
Hotels, including those with 5- star rating, will attract GST rate of 18 per cent for room tariffs of less than Rs 7,500, the government
Reports Of Depression Among IT Professionals 'Exaggerated', Says Mohandas Pai
Business July 18, 2017 02:40 PM
The reports of job insecurity leading to high levels of anxiety and depression among information technology professionals in India are baseless and exaggerated as there
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