Business
HDFC Bank Chief Says E-Wallet Players Have 'No Future'
Business February 17, 2017 06:38 PM
In one of the sharpest comments against prepaid wallets like Paytm, HDFC Bank chief Aditya Puri today said such companies which hold on to customers
Sensex Recovers 109 Points on Global Cues
Business February 16, 2017 10:19 AM
The market benchmark BSE Sensex recovered over 109 points in early trade today on widespread gains amid a firming trend at other Asian bourses following
Trump Can Be A Blessing in Disguise for IT Players: Mukhesh Ambani
Business February 15, 2017 07:24 PM
 As US president Donald Trump keeps the world on tenterhooks with his protectionist ways that can have a debilitating impact on the Indian IT sector,
Wholesale Price Index Spikes to 30-Month High of 5.25 Per Cent As Fuel Prices Soar
Business February 14, 2017 04:45 PM
Soaring petrol and diesel prices fuelled wholesale inflation to a 30-month high of 5.25 per cent in January although vegetables and pulses moderated. Wholesale
Retail Inflation Slips To 3.17% In The Month Of January
Business February 13, 2017 07:11 PM
Business
Last month's inflation, down from 5.69 per cent in January 2016, was lowest in at least over three years
SEBI Keeps A Close Watch On The Developments Of Infosys, Focus On Safeguarding Minority Investors' Interest
Business February 12, 2017 03:57 PM
As IT giant Infosys remains embroiled in differences between its founders and the top management, markets regulator Sebi is keeping a "close watch" on all
Hindustan Motors Sells The Iconic Ambassador Brand To Peugeot For Rs 80 Crore
Business February 11, 2017 10:05 AM
The iconic brand Ambassador, which used to be a symbol of the high and mighty in power corridors, has changed hands, with Hindustan Motors selling
Infosys Founders, Board Clash Over Governance, Compensation
Business February 10, 2017 08:37 PM
The rift between founders of Infosys and its board spilled out in the open today with co-founder Narayana Murthy questioning executive compensation and corporate governance
India Hands Over Vijay Mallya's Extradition Request to The UK
Business February 09, 2017 06:46 PM
India today handed over to the UK an extradition request for absconding businessman Vijay Mallya who is facing cases of loan default and other financial
RBI Keeps Lending Rate Unchanged at 6.25 Per Cent
Business February 08, 2017 03:01 PM
For the second time in a row, the Reserve bank today opted for a status quo in its key rates but shifted the stance of
N. Chandrasekaran Elected As Chairman Tata Steel Board
Business February 07, 2017 07:50 PM
N Chandrasekaran, chairman designate of Tata Sons and currently the CEO and Managing Director of Tata Consultancy Services, was today elected as Chairman of Tata
Cyrus Mistry Voted Out by Tata Sons Shareholders As Director 
Business February 06, 2017 05:24 PM
Ousted Tata Sons Chairman Cyrus Mistry was today removed as director of the company with shareholders voting in favour of his removal with "requisite majority". "The
Aircel-Maxis Deal: ED Moves SC Against Releasing Marans' Assets
Business February 03, 2017 01:44 PM
The Enforcement Directorate today moved the Supreme Court urging it not to release the properties of Dayanidhi Maran and his brother Kalanithi, attached by it in the Aircel-Maxis deal case.
Ousted Chairman Cyrus Mistry Moves NCLAT Seeking Stay On Tata Sons' Shareholder Meet
Business February 02, 2017 07:39 PM
Days after National Company Law Tribunal refused relief, ousted Tata Sons chairman Cyrus Mistry today moved the Appellate Tribunal seeking stay on the shareholder meeting
Budget 2017: A Fairly Routine Budget, Says Former RBI Guv Rangarajan
Business February 01, 2017 02:16 PM
Describing the Union Budget for 2017-18 as "a fairly routine Budget", former RBI Governor C Rangarajan today said changing the road map to reach the
CBI Court Issues Non Bailable Warrant Against Vijay Mallya In IDBI Loan Case
Business January 31, 2017 08:00 PM
A special court today issued a non- bailable warrant against business tycoon Vijay Mallya in the IDBI Bank loan default case as the CBI sought
SpiceJet Urges DGCA To Apply On -Time Performance System Review For All Players
Business January 30, 2017 07:31 PM
With the aviation regulator DGCA reviewing airlines' on-time performance (OTP) mechanism at four airports, budget carrier SpiceJet today called for applying same rules for all
Finance Minister May Hike Service Tax To 16-18% In Budget 2017
Business January 29, 2017 04:17 PM
Finance Minister Arun Jaitley may hike service tax rate to 16-18 per cent from the current 15 per cent in the Budget, due on Wednesday,
India Post Becomes The Third Entity To Get Payments Bank Licence To Start Services
Business January 28, 2017 06:27 PM
India Post has received payments bank licence from the Reserve Bank of India to start rollout of banking operations commercially under the permit. "India Post has
Jio Asks TRAI To Impose Penalty On Airtel For 'Misleading' Ads
Business January 27, 2017 07:34 PM
Newcomer Reliance Jio has asked telecom regulator TRAI to "impose highest penalty" on Airtel, accusing the latter of grossly exaggerating the value of data in
HDFC Bank Chief Says E-Wallet Players Have 'No Future'
Business February 17, 2017 06:38 PM
In one of the sharpest comments against prepaid wallets like Paytm, HDFC Bank chief Aditya Puri today said such companies which hold on to customers
Reliance Capital Plans to Sell 1% Stake in Paytm for $50-60 Mn
Business February 17, 2017 04:59 PM
Reliance Capital is in talks to sell its one per cent shareholding in digital payments firm Paytm for about USD 50-60 million. According to
Telecom Companies Lost 20 Percent Revenue Due To Reliance Jio's Giveaways
Business February 17, 2017 03:47 PM
The telecom industry has lost about 20 per cent of revenue due to Reliance Jio's free services, India Ratings and Research has said, revising the
Demonetisation Was Itself Wrong, Don't Blame Execution, Says Bajaj Auto MD Rajiv Bajaj
Business February 17, 2017 10:52 AM
With the adverse impact of note ban continuing to hamper two-wheeler sales, Bajaj Auto Managing Director Rajiv Bajaj today said the idea of demonetisation was
Rupee Falls Further, Down 8 Paise Against Dollar
Business February 17, 2017 09:59 AM
The rupee came down by a further 8 paise to 67.15 against the US currency in early trade today after importers chased the dollar.
Sensex Recovers 109 Points on Global Cues
Business February 16, 2017 10:19 AM
The market benchmark BSE Sensex recovered over 109 points in early trade today on widespread gains amid a firming trend at other Asian bourses following
Rupee Drops 7 Paise Against US Dollar
Business February 16, 2017 10:11 AM
The rupee depreciated 7 paise to 66.97 against the US dollar in early trade today on fresh demand for the American currency from importers and
India Slips to 143 in Economic Freedom Index, Behind Pakistan: US Thinktank
Business February 16, 2017 09:56 AM
India ranked a dismal 143 in an annual index of economic freedom by a top American thinktank, behind its several South Asian neighbours including Pakistan,
Trump Can Be A Blessing in Disguise for IT Players: Mukhesh Ambani
Business February 15, 2017 07:24 PM
 As US president Donald Trump keeps the world on tenterhooks with his protectionist ways that can have a debilitating impact on the Indian IT sector,
Rupee Slips 2 Paise Against US Dollar
Business February 15, 2017 10:35 AM
 The rupee turned weak by 2 paise to 66.95 against US dollar in early trade today at the foreign exchange market after the American currency
Sensex Trips 69 Pts in Early Trade on Weak Corporate Earnings
Business February 15, 2017 10:10 AM
 The market benchmark BSE Sensex extended its losses for the second straight day, falling over 69 points in early trade today on sustained selling by
Wholesale Price Index Spikes to 30-Month High of 5.25 Per Cent As Fuel Prices Soar
Business February 14, 2017 04:45 PM
Soaring petrol and diesel prices fuelled wholesale inflation to a 30-month high of 5.25 per cent in January although vegetables and pulses moderated. Wholesale
Sensex Falls Over 38 Points Despite Positive Economic Data
Business February 14, 2017 10:15 AM
Snapping its three-day winning streak, market benchmark BSE Sensex fell over 38 points in early trade today on profit-booking in recent gainers, despite inflation fell
Retail Inflation Slips To 3.17% In The Month Of January
Business Business February 13, 2017 07:11 PM
Last month's inflation, down from 5.69 per cent in January 2016, was lowest in at least over three years
'Drama Going On in Media Distracting, Warm Relationship With Murthy', Says Infosys Chief Sikka
Business February 13, 2017 12:33 PM
Vishal Sikka, the embattled chief of Infosys, today said he has always shared a "heartfelt, warm relationship" with the company's co-founder N R Narayana Murthy.
SEBI Keeps A Close Watch On The Developments Of Infosys, Focus On Safeguarding Minority Investors' Interest
Business February 12, 2017 03:57 PM
As IT giant Infosys remains embroiled in differences between its founders and the top management, markets regulator Sebi is keeping a "close watch" on all
Demonetisation: Realty Portal Says Housing Prices Fell 40 Percent In Nov-Dec In Top Nine Cities
Business February 12, 2017 11:26 AM
The monthly average housing sales fell 40 per cent during November-December period in the top nine cities as customers deferred their decision to buy homes
Hindustan Motors Sells The Iconic Ambassador Brand To Peugeot For Rs 80 Crore
Business February 11, 2017 10:05 AM
The iconic brand Ambassador, which used to be a symbol of the high and mighty in power corridors, has changed hands, with Hindustan Motors selling
Infosys Founders, Board Clash Over Governance, Compensation
Business February 10, 2017 08:37 PM
The rift between founders of Infosys and its board spilled out in the open today with co-founder Narayana Murthy questioning executive compensation and corporate governance
India Will Be World's Fastest Growing Economy In 5 Years, Says US Think Tank
Business February 10, 2017 01:31 PM
India will be the world's fastest growing economy during the next five years, according to a top US intelligence think-tank. It also said that Pakistan--
India Hands Over Vijay Mallya's Extradition Request to The UK
Business February 09, 2017 06:46 PM
India today handed over to the UK an extradition request for absconding businessman Vijay Mallya who is facing cases of loan default and other financial
RBI Keeps Lending Rate Unchanged at 6.25 Per Cent
Business February 08, 2017 03:01 PM
For the second time in a row, the Reserve bank today opted for a status quo in its key rates but shifted the stance of
N. Chandrasekaran Elected As Chairman Tata Steel Board
Business February 07, 2017 07:50 PM
N Chandrasekaran, chairman designate of Tata Sons and currently the CEO and Managing Director of Tata Consultancy Services, was today elected as Chairman of Tata
Karnataka HC Orders Winding Up Of Parent Company Of UB Group For Recovering Payable Dues
Business National February 07, 2017 07:24 PM
The Karnataka High Court today ordered the winding up of United Breweries (Holdings) Ltd (UBHL), the parent company of UB Group, for recovering dues payable by
Consultations on Note Ban Were On Since Feb 2016, Says Jaitley
Business February 07, 2017 04:50 PM
A series of consultations were held between the government and top RBI functionaries on demonetisation since February last year, before the central bank Board took
Cyrus Mistry Voted Out by Tata Sons Shareholders As Director 
Business February 06, 2017 05:24 PM
Ousted Tata Sons Chairman Cyrus Mistry was today removed as director of the company with shareholders voting in favour of his removal with "requisite majority". "The
Aircel-Maxis Deal: ED Moves SC Against Releasing Marans' Assets
Business February 03, 2017 01:44 PM
The Enforcement Directorate today moved the Supreme Court urging it not to release the properties of Dayanidhi Maran and his brother Kalanithi, attached by it in the Aircel-Maxis deal case.
Tesla CEO Elon Musk To Attend Meeting With Trump And Express Opposition On Immigration Ban
Business February 03, 2017 01:35 PM
Automaker Tesla CEO Elon Musk today said he will attend the Presidential Advisory Forum meeting tomorrow and express opposition to the recent executive order on
'I'm Like a Football Being Kicked Around by Two Teams', Says Mallya
Business February 03, 2017 10:47 AM
With the government planning to frame a law to prevent loan defaulters from fleeing the country, beleaguered liquor baron Vijay Mallya has likened himself to
'Indian IT Cos Need to Stop Using H1-B Visas', Says Narayana Murthy
Business February 03, 2017 09:51 AM
He added that recruitment from colleges should be done and local people be trained to add value to Indian companies.
Ousted Chairman Cyrus Mistry Moves NCLAT Seeking Stay On Tata Sons' Shareholder Meet
Business February 02, 2017 07:39 PM
Days after National Company Law Tribunal refused relief, ousted Tata Sons chairman Cyrus Mistry today moved the Appellate Tribunal seeking stay on the shareholder meeting
Saradha Scam: ED Attaches Matang Sinh's Assets Worth Rs 100cr
Business February 02, 2017 07:34 PM
Enforcement Directorate (ED) today attached two flats worth Rs 100 crore in the posh Lutyens zone area of the national capital belonging to former Union
Aircel Maxis Case: Maran Brothers Will Not Be Charged For Alleged Corruption
Business February 02, 2017 04:47 PM
In a major relief for the Maran brothers, a Special Court today discharged them and other accused in Aircel Maxis deal cases lodged by CBI
What The Budget 2017 Had To Offer
Business February 02, 2017 03:25 PM
  Take a look at how the top newspapers of the country described Finance Minister Arun Jaitley's budget proposals :  
Budget 2017: A Fairly Routine Budget, Says Former RBI Guv Rangarajan
Business February 01, 2017 02:16 PM
Describing the Union Budget for 2017-18 as "a fairly routine Budget", former RBI Governor C Rangarajan today said changing the road map to reach the
ED Suspends Investigating Officer After CCTV Footage Shows Him In Company Of The Kingpin's Wife
Business February 01, 2017 11:26 AM
ED today suspended its Investigating Officer (IO), probing the Rose Valley case, after a purported video showing his 'relation' with the estranged wife of main
Finance Minister Cuts Tax By Half For Income Between Rs 2.5 Lakh And 5 Lakh
Business Budget 2017 February 01, 2017 10:57 AM
Service charges on e-tickets booked through IRCTC will be withdrawn.
CBI Court Issues Non Bailable Warrant Against Vijay Mallya In IDBI Loan Case
Business January 31, 2017 08:00 PM
A special court today issued a non- bailable warrant against business tycoon Vijay Mallya in the IDBI Bank loan default case as the CBI sought
H-1B Reform Bill Introduced in US, Doubles Minimum Salary of Visa Holders
Business January 31, 2017 01:10 PM
The new reform bill introduced in the US assembly proposes to double the minimum salary of visa holders to USD 130,000 making it difficult for
SpiceJet Urges DGCA To Apply On -Time Performance System Review For All Players
Business January 30, 2017 07:31 PM
With the aviation regulator DGCA reviewing airlines' on-time performance (OTP) mechanism at four airports, budget carrier SpiceJet today called for applying same rules for all
Google Creates $4 Million Crisis Fund For Immigrants Over Trump's Travel Ban
Business January 30, 2017 06:58 PM
Google has created a crisis fund that could raise up to USD 4 million for four immigrant rights organisations. Google has confirmed a USA Today report
Service Tax Dept To Put Mallya's Now-Defunct Corporate Jet On Auction
Business January 30, 2017 02:49 PM
The Service Tax Department will auction liquor baron Vijay Mallya-led now-defunct Kingfisher Airlines' corporate jet in March to recover dues of Rs 535 crore. According
Finance Minister May Hike Service Tax To 16-18% In Budget 2017
Business January 29, 2017 04:17 PM
Finance Minister Arun Jaitley may hike service tax rate to 16-18 per cent from the current 15 per cent in the Budget, due on Wednesday,
India Post Becomes The Third Entity To Get Payments Bank Licence To Start Services
Business January 28, 2017 06:27 PM
India Post has received payments bank licence from the Reserve Bank of India to start rollout of banking operations commercially under the permit. "India Post has
'Public Funds Used to Bail Out Air India, But Not the Then Largest Domestic Airline,' Says Mallya
Business January 28, 2017 12:35 PM
Squarely putting the blame for collapse of Kingfisher Airlines (KFA) on the then government's policies and economic conditions, troubled liquor tycoon Vijay Mallya has said
Demonetisation In-Principle Was a Good Move, Says Former RBI Guv Jalan
Business January 28, 2017 10:31 AM
Former RBI Governor Bimal Jalan today said demonetisation in-principle was a good move to eliminate black money but in terms of consequences it did not
US Economy Posts Slowest Growth Since 2011
Business January 28, 2017 10:05 AM
The US economy slowed sharply in the final three months of the year, the slowest pace since 2011, the Commerce Department reported today. The
Jio Asks TRAI To Impose Penalty On Airtel For 'Misleading' Ads
Business January 27, 2017 07:34 PM
Newcomer Reliance Jio has asked telecom regulator TRAI to "impose highest penalty" on Airtel, accusing the latter of grossly exaggerating the value of data in
Karnataka HC Issues Bailable Warrant Against Mallya in 'Contempt Case'
Business January 27, 2017 06:44 PM
The Karnataka High Court today issued a bailable arrest warrant against beleaguered liquor baron Vijay Mallya for allegedly violating an undertaking given by him and
COAI Approaches TRAI Against BSNL's App-Based Calling Service
Business January 27, 2017 06:20 PM
Cellular operators under COAI have approached telecom regulator TRAI against state-owned Bharat Sanchar Nigam Ltd (BSNL's) new limited fixed mobile telephony services. BSNL's limited
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