Business
By 2021, 4 Out of 10 Jobs Would be Lost to Automation, Say Experts
Business March 26, 2017 11:24 AM
Automation is the new norm across sectors and will affect the bottom of pyramid so much so that four out of every 10 jobs globally
Ice-Cream Wars: Amul Defends TV Commercial, Says Hindustan Unilever Trying To Frighten It
Business March 25, 2017 07:13 PM
Gujarat Milk Marketing Federation Limited (GCMMF), which sells its products under Amul brand, today defended its TV commercial for ice cream and accused HUL of
Competition Commission Imposes Rs 591 Crore Fine on Coal India
Business March 24, 2017 07:19 PM
Competition Commission today slapped a fine of Rs 591 crore on state-owned Coal India for having unfair conditions in fuel supply agreements. Besides, the
Rupee Rebounds 5 Paise in Early Trade
Business March 23, 2017 11:22 AM
The rupee strengthened by 5 paise to 65.39 per dollar in early trade today on some selling of the US currency by exporters and banks.
Aadhar Mandatory for Filing ITR to Avoid Tax Evasion: Jaitley
Business March 22, 2017 07:16 PM
Making Aadhaar number mandatory for filing of Income Tax returns is necessary to curb tax evasion and frauds, the government said today while rejecting the
Shares Of Idea Plunge Over Six Percent After Vodafone-Merger Announcement
Business March 20, 2017 11:53 AM
Shares of Idea Cellular today plunged over 6 per cent after the company announced its merger with Vodafone India to create the country's largest mobile
Indian Markets Can Raise USD 100 Billion a Year: BSE CEO
Business March 19, 2017 06:26 PM
Indian stock market can raise USD 100 billion of capital annually going ahead to help meet the country's funding needs, top bourse BSE's CEO Ashish
Hindujas Ranked Wealthiest Asians in UK in 2017
Business March 18, 2017 01:15 PM
NRI businessmen Hindujas have retained their position as the richest Asians in the UK in 2017 with an estimated wealth of 19 billion pounds, an increase of
Cong Submits Breach of Privilege Notice Against SBI's Arundhati Bhattacharya for 'Insulting Farmers'
Business March 17, 2017 04:58 PM
The Congress today submitted a breach of privilege notice against SBI chairperson Arundhati Bhattacharya for "insulting farmers and the House" through her remarks on loan
No Stay on Jio's Promotional Offer, TDSAT Asks TRAI to Re-Examine Issue
Business March 16, 2017 03:17 PM
The telecom tribunal today did not stay Reliance Jio's free promotional offer, but asked regulator Trai to "re-examine" issues relating to the approval granted to
Sensex Starts With Small Gains, Inflows Continue to Pour In
Business March 15, 2017 10:17 AM
The Sensex struck a positive note today in the beginning on continued foreign inflows ahead of the expected hike in US interest rates. However,
Retail Inflation Rises to 3.65% in Feb on Costlier Food Items
Business March 14, 2017 06:42 PM
Retail inflation rose to 4-month high of 3.65 per cent in February mainly due to surge in price of food items like fruits, sugar and
With Business Optimism at 16%, Indian Companies Least Confident Worldwide, Says a Survey
Business March 13, 2017 03:08 PM
Indian companies are least confident worldwide when it comes to business optimism as just 16 per cent of firms expect overall output to expand over
Post Demonetisation Notes in Circulation Drop to Rs 11.73 Lakh Crore
Business March 10, 2017 04:44 PM
The total value of currency notes in circulation has come down by a quarter to Rs 11.73 lakh crore post demonetisation, Parliament was informed today.
Paytm to Levy 2% Fee on Adding Money to Wallets With Credit Cards
Business March 09, 2017 04:34 PM
Paytm users will now have to pay a two per cent fee for adding money to their wallets using credit cards. The move by
SBI Justifies Penalty On Minimum Balance, Says It Needs Money To Bear Jan-Dhan Costs
Business March 08, 2017 07:26 PM
Facing a backlash for levying penalty on non-maintenance of minimum balance in accounts, SBI today justified its move saying the bank needs to impose some
CBI Books Union Bank Of India Officials For Allegedly Allowing Rs 85 Crore Cash Deposits Post-Demonetisation
Business March 07, 2017 05:15 PM
The CBI has registered an FIR against the then officials of Union Bank of India and others for allegedly allowing cash deposits of about Rs
SBI To Increase Minimum Balance For Savings Accounts, 31 Crore Depositors To Be Affected
Business March 06, 2017 06:30 PM
State Bank of India has decided to increase manifold the minimum balance required for maintaining savings account from April 1, hitting 31 crore depositors including
By 2021, 4 Out of 10 Jobs Would be Lost to Automation, Say Experts
Business March 26, 2017 11:24 AM
Automation is the new norm across sectors and will affect the bottom of pyramid so much so that four out of every 10 jobs globally
Ice-Cream Wars: Amul Defends TV Commercial, Says Hindustan Unilever Trying To Frighten It
Business March 25, 2017 07:13 PM
Gujarat Milk Marketing Federation Limited (GCMMF), which sells its products under Amul brand, today defended its TV commercial for ice cream and accused HUL of
Competition Commission Imposes Rs 591 Crore Fine on Coal India
Business March 24, 2017 07:19 PM
Competition Commission today slapped a fine of Rs 591 crore on state-owned Coal India for having unfair conditions in fuel supply agreements. Besides, the
Coal Scam: SC Rejects Ranjit Sinha's Plea to Recall Its Order
Business March 24, 2017 07:14 PM
The Supreme Court today dismissed a plea of former CBI Director Ranjit Sinha seeking recall of its earlier order constituting an SIT to probe the
Sensex Up for 2nd Day, Nifty Reclaims 9100 Mark As Bank Stocks Gain
Business March 24, 2017 05:49 PM
The stocks ended with gains for the second day as the benchmark Sensex rose over 89 points and the Nifty reclaimed the 9,100-mark today, driven
With 65 PSUs Failing To Appoint A Woman-Director, The Government Steps In
Business March 24, 2017 03:34 PM
With 65 PSUs failing to appoint at least one woman director, the government has asked Registrars of Companies to take up the matter with the
Toyota Drives in Luxury Brand Lexus to India With 3 Models
Business March 24, 2017 02:23 PM
Japanese auto major Toyota's luxury brand Lexus today entered India with the launch of three models priced up to Rs 1.09 crore (ex-showroom). Lexus introduced the
Rupee Rebounds 5 Paise in Early Trade
Business March 23, 2017 11:22 AM
The rupee strengthened by 5 paise to 65.39 per dollar in early trade today on some selling of the US currency by exporters and banks.
Sensex Recovers 147 Points in Early Trade
Business March 23, 2017 11:20 AM
The benchmark BSE Sensex recovered over 147 points in early trade on fresh buying by investors in blue-chip stocks amid a firm trend in Asia. The
Aadhar Mandatory for Filing ITR to Avoid Tax Evasion: Jaitley
Business March 22, 2017 07:16 PM
Making Aadhaar number mandatory for filing of Income Tax returns is necessary to curb tax evasion and frauds, the government said today while rejecting the
Sensex Registers Biggest Fall Since Dec on Global Worries
Business March 22, 2017 05:43 PM
In its biggest single-day fall in over three months, the BSE Sensex today plunged by 318 points to close at a nearly two-week low of
Rupee Pares Early Losses, Still Down by 18 Paise Vs USD
Business March 22, 2017 12:22 PM
The rupee recovered from early lows to 65.48 per dollar, still down by 18 paise, in late morning trade amid bearish domestic equities. The
Shares Of Idea Plunge Over Six Percent After Vodafone-Merger Announcement
Business March 20, 2017 11:53 AM
Shares of Idea Cellular today plunged over 6 per cent after the company announced its merger with Vodafone India to create the country's largest mobile
Indian Markets Can Raise USD 100 Billion a Year: BSE CEO
Business March 19, 2017 06:26 PM
Indian stock market can raise USD 100 billion of capital annually going ahead to help meet the country's funding needs, top bourse BSE's CEO Ashish
Hindujas Ranked Wealthiest Asians in UK in 2017
Business March 18, 2017 01:15 PM
NRI businessmen Hindujas have retained their position as the richest Asians in the UK in 2017 with an estimated wealth of 19 billion pounds, an increase of
I-T Department Makes Public List of Defaulters Owing Rs 448 Cr
Business March 18, 2017 01:09 PM
The Income Tax department today released a list of 29 entities owing Rs 448.02 crore in taxes as part of its strategy to name and
Cong Submits Breach of Privilege Notice Against SBI's Arundhati Bhattacharya for 'Insulting Farmers'
Business March 17, 2017 04:58 PM
The Congress today submitted a breach of privilege notice against SBI chairperson Arundhati Bhattacharya for "insulting farmers and the House" through her remarks on loan
No Stay on Jio Free Offer,Telecom Tribunal TDSAT Asks TRAI For Re-Examination
Business March 17, 2017 01:11 PM
Telecom tribunal TDSAT today refused to stay billionaire Mukesh Ambani-led Reliance Jio's extended free data and voice promotional offer but drilled holes in regulator TRAI's
Nifty Continues Upsurge, Climbs Over 9,200 For The First Time
Business March 17, 2017 10:17 AM
Continuing its record-setting spree, the Nifty climbed over the 9,200-mark for the first time and the benchmark Sensex surged 239 points in early hours today,
No Stay on Jio's Promotional Offer, TDSAT Asks TRAI to Re-Examine Issue
Business March 16, 2017 03:17 PM
The telecom tribunal today did not stay Reliance Jio's free promotional offer, but asked regulator Trai to "re-examine" issues relating to the approval granted to
Business March 16, 2017 02:38 PM
Renault has cheated for over 25 years on pollution tests for diesel and petrol engines with the knowledge of top management, according to a report
Markets Well Placed to Absorb Fed Rate Hike, Says Shaktikanta Das
Business March 16, 2017 02:19 PM
Indian markets are well placed to absorb the 0.25 per cent interest rate increase by the US Fed last night, the finance ministry said today.
Cricketing Legends Write An Open Letter Asking Adani to Abandon Coal Mine Project in Australia
Business March 16, 2017 11:32 AM
Cricket legends Ian and Greg Chappell are among 90 prominent Australians who have signed an open letter calling on Indian energy giant Adani to abandon
Sensex Jumps 206 Pts, Nifty at New Peak After Fed Move
Business March 16, 2017 10:17 AM
The Sensex rebounded by over 206 points and the NSE Nifty scaled a life-time high of 9,143 in opening trade today amid a firming trend
Rupee Zooms Another 47 Paise in Dream Run
Business March 16, 2017 10:13 AM
The rupee rose by another 47 paise to hit a new 16-month high at 65.22 against the dollar in early trade today at the Interbank
Sensex Starts With Small Gains, Inflows Continue to Pour In
Business March 15, 2017 10:17 AM
The Sensex struck a positive note today in the beginning on continued foreign inflows ahead of the expected hike in US interest rates. However,
Retail Inflation Rises to 3.65% in Feb on Costlier Food Items
Business March 14, 2017 06:42 PM
Retail inflation rose to 4-month high of 3.65 per cent in February mainly due to surge in price of food items like fruits, sugar and
Poll Vault: Nifty Hits Record, Sensex at 2-Yr Peak on BJP Win
Business March 14, 2017 10:24 AM
The stunning election success of the BJP in Uttar Pradesh gave the market a rush of adrenaline as the Nifty today pulled off an all-time
Rupee Hits Close To A Year's Peak After BJP's Resounding Election Victories
Business March 14, 2017 10:05 AM
The rupee surged by a massive 78 paise to end at a nearly one-and-a-half year high of 65.82 against the US dollar on frantic unwinding
With Business Optimism at 16%, Indian Companies Least Confident Worldwide, Says a Survey
Business March 13, 2017 03:08 PM
Indian companies are least confident worldwide when it comes to business optimism as just 16 per cent of firms expect overall output to expand over
Post Demonetisation Notes in Circulation Drop to Rs 11.73 Lakh Crore
Business March 10, 2017 04:44 PM
The total value of currency notes in circulation has come down by a quarter to Rs 11.73 lakh crore post demonetisation, Parliament was informed today.
34 AI Cabin Crew Members Grounded for Being 'Obese'
Business March 10, 2017 10:55 AM
34 cabin crew members, including 30 air hostesses, of Air India are grounded for being "obese", the government said today. Currently, the total strength
Sensex Up 146 Points on Exit Polls Forecast
Business March 10, 2017 10:08 AM
Riding on exit polls that predict the BJP emerging as the single largest party in UP and coming to power in Uttarakhand, the BSE Sensex
Paytm Withdraws 2 Per Cent Fee On Wallet Top Up Via Credit Cards
Business March 10, 2017 09:32 AM
Paytm has withdrawn the 2 per cent fee on adding money to mobile wallets using credit cards, a merely two days after introducing the levy. The
Paytm to Levy 2% Fee on Adding Money to Wallets With Credit Cards
Business March 09, 2017 04:34 PM
Paytm users will now have to pay a two per cent fee for adding money to their wallets using credit cards. The move by
RBI to Issue New Rs 10 Notes With Enhanced Security Soon
Business March 09, 2017 02:20 PM
The Reserve Bank (RBI) will soon issue Rs 10 denomination notes with enhanced security features for circulation. The RBI today said the banknotes in
Hyundai Decides to Pull the Plug on Its Famous i10
Business March 09, 2017 01:22 PM
South Korean automaker Hyundai has decided to phase out its popular hatchback i10 in India as it shifts focus to more premium and modern products.
Sensex Extends Losses Ahead of Exit Polls, Down 87 Pts
Business March 09, 2017 10:02 AM
The Sensex shed about 87 points while the NSE Nifty cracked below the 8,900-mark in early trade today on sustained selling in oil and gas,
SBI Justifies Penalty On Minimum Balance, Says It Needs Money To Bear Jan-Dhan Costs
Business March 08, 2017 07:26 PM
Facing a backlash for levying penalty on non-maintenance of minimum balance in accounts, SBI today justified its move saying the bank needs to impose some
Draft Audit Report Says Reliance Jio Allegedly Understated Revenues By Over Rs 63 Crore
Business March 08, 2017 06:06 PM
Reliance Jio allegedly understated its revenues by over Rs 63 crore for three financial years as it did not include forex gains, resulting in "short
Rupee Up 4 Paise to 4-Month High in Early Trade
Business March 08, 2017 10:27 AM
Continuing with its strong rally, the rupee edged up another 4 paise to a four-month high of 66.63 against the US dollar in early trade
Sensex Recovers 23 Pts in Cautious Early Trade
Business March 08, 2017 10:25 AM
The benchmark Sensex opened on a cautious note to recover almost 23 points in early trade today on fresh buying by investors in select blue-chips
CBI Books Union Bank Of India Officials For Allegedly Allowing Rs 85 Crore Cash Deposits Post-Demonetisation
Business March 07, 2017 05:15 PM
The CBI has registered an FIR against the then officials of Union Bank of India and others for allegedly allowing cash deposits of about Rs
US-Based Fitch Ratings Pokes Holes In Government's Growth Estimates For December Quarter
Business March 07, 2017 12:44 PM
The rating agency, however, projected a robust 7.1 per cent growth for 2016-17 and 7.7 per cent in the following two financial years
Reliance Sells For Rs 275 Crore its 1% Stake in Paytm That They Bought For Rs 10 cr
Business March 07, 2017 11:47 AM
Reliance Capital has sold its nearly 1 per cent stake in popular digital payments firm Paytm for Rs 275 crore to China's Alibaba Group in
General Motors to Lay Off Over 1000 Workers in US
Business March 07, 2017 10:21 AM
The US' largest automaker General Motors today said it will lay off 1,100 workers at an assembly plant in Michigan, the fourth cut in its
Rupee Advances 5 Paise in Early Trade
Business March 07, 2017 10:05 AM
The rupee appreciated by another 5 paise to 66.66 against the dollar in early trade today at the Interbank Foreign Exchange amid sustained selling of
Sensex Builds on Gains, Up 50 Points in Early Trade
Business March 07, 2017 10:02 AM
The benchmark BSE Sensex rose about 50 points in early trade today on sustained buying by funds and retail investors amid mixed global cues.
SBI To Increase Minimum Balance For Savings Accounts, 31 Crore Depositors To Be Affected
Business March 06, 2017 06:30 PM
State Bank of India has decided to increase manifold the minimum balance required for maintaining savings account from April 1, hitting 31 crore depositors including
NCLT Holds Pleas of Mistry's Firms Against Tata Sons as 'Not Maintainable'
Business March 06, 2017 04:01 PM
The NCLT today held that the two petitions filed by Cyrus Mistry's family companies against his ouster from Tata Sons were not maintainable as they
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