Business

HP Inc planning to cut down 4,000 jobs

San Francisco: HP Inc said it plans to cut between 3,000-4,000 jobs in the next three years.   The Silicon Valley company's chief executive officer Dion Weisler told an analyst....

India’s gold imports decline by 59% during January-September

New Delhi: India's gold imports declined by 58.96 per cent to 270 tonnes from January to September from 658 tonnes that were shipped-in during the corresponding period of last year,....

Online shopping during festival season – A hit in non-metro cities

New Delhi: Online shopping has gained huge momentum in India in the past couple of years.  Also, its scope is not just limited to metro or 1-tier cities nowadays, but....

RBI Monetary Policy: RBI cuts repo rate by 0.25 percent to 6.25 percent

Mumbai: The newly-constituted Monetary Policy Committee (MPC) headed by the Reserve Bank of India (RBI) Governor Urjit Patel on Tuesday fixed the apex bank's key interest rates on Tuesday ahead....

IDBI Bank, Reliance Jio awarded for HR practices

Mumbai: IDBI Bank and Reliance Jio were among the companies awarded for their staff-related practices by a top global human resource professional association over the weekend.   During its two-day....

India’s forex reserves rise to $370 billion on September 23

Chennai: India's foreign exchange reserves went up to $370.76 billion as on September 23, the Reserve Bank of India (RBI) announced. According to data released by the RBI, the reserves....

Amazon Great Indian Sale: Here’s how you can get the best discounts

New Delhi: With people rejoicing in Navratri celebrations, online shopping hub Amazon's Great Indian Sale 2016 will begin from Saturday and the discount offers will seemingly plummet over time. If....

Indian equity market trades lower on Friday morning

Mumbai: Key Indian equity market indices opened in the red on Friday after the Indian Army disclosed that it had carried out surgical strikes on terror launch pads across the....

Sensex slumps 500 points following surgical strikes at LoC

New Delhi: Sensitive indices on Thursday trade slumped 500 points after the director general military operations (DGMO) confirmed that India had conducted surgical strikes along the Line of Control in....

India 39th most competitive country: WEF

New Delhi: India climbed 16 positions to the 39th spot in the global competitiveness index (GCI), according to World Economic Forum report. The GCI Report 2016-17 said the country showed....

Karnataka unveils online platform to boost tourism

Bengaluru: Karnataka on Monday launched 'Prathama' -- an online platform to collect, collate and disseminate information on the tourism sector for attracting more tourists to the southern state.   "Besides....

Amazon ties up with Dharma Productions for digital streaming rights

Mumbai: E-commerce platform Amazon and Dharma Productions on Monday announced a long-term agreement that will make the catalogue of existing as well as upcoming Bollywood movies from the Karan Johar-led....

Seafood should be exempted from the GST, says SEAI

Visakhapatnam: Seafood should be treated as agricultural produce and exempted from the GST, proposed to come in force from April 1, 2017, said an advisor to a marine products exporters....

Seven companies qualify to bid in upcoming telecom spectrum auction

New Delhi: Seven telecom service providers have qualified to bid for the upcoming biggest-ever airwaves auction starting from October 1, according to official data released here by the Department of....

SEBI allows direct access to corporate bond market for foreign investors

Mumbai: The Securities and Exchange Board of India (SEBI) on Friday decided to allow direct access to corporate bond market for Foreign Portfolio Investor (FPI). The regulator said here it....

Merger of Railway Budget unilateral, against larger public interest: CPI-M

New Delhi: The Communist Party of India-Marxist (CPI-M) on Thursday said that the Narendra Modi government's decision to merge the Railway Budget with the General Budget is a decision taken....

Reliance vs Airtel: Sunil Mittal calls on TRAI Chairman amid network war

New Delhi: The Bharti Airtel Chairman Sunil Mittal on Wednesday called on Telecom Regulatory Authority of India (TRAI) Chairman RS Sharma, amid the ongoing network war that is going on....

BSNL announces mega fair for sale of its products in J&K

Srinagar: BSNL Telecom has announced a mega fair on September 23 and 24 for the sale of sim cards and other BSNL products in the prominent areas of Jammu City,....

Amazon makes customers pay more for popular products

Washington: The online shopping portal Amazon's algorithms make customers pay more for popular products giving prominence to items that benefit the retail giant, a study by ProPublica said.   ProPublica....

Sensex opens on positive note on Wednesday morning

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a higher note during the morning session of the trade. The Sensex of the BSE after opening at 28,554.38 points....

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Key Indian equity indices open in green

Mumbai: The key Indian equity indices on Monday opened in green supported by positive investor sentiments.   The 30-scrip Sensitive Index (Sensex), was trading 55.61 points or 0.19 per cent....

District-level flood maps for Bihar ready

Patna: In a positive development for Bihar, an area prone to annual devastating floods, a Kathmandu-based international organisation has generated district-level flood maps for the state's 33 districts, and an....

Twitter rolls out new features for businesses

New York: Micro-blogging website Twitter has rolled out a series of new features to help users connect with businesses offering customer support through accounts on this platform.   With the....

Nuclear plant deal gets a thumbs up from UK

London: The British government on Thursday gave the go ahead for a new 18 billion pound ($23 billion) nuclear power station in the UK after imposing "significant new safeguards" for....

Bayer’s massive deal: German giant buys Monsanto for $66 billion

New Delhi: German multinational chemical and pharmaceutical company Bayer on Wednesday offered to buy up Monsanto, an American multinational agrochemical and agricultural biotechnology corporation, for whooping $66 billion. The deal....

Airtel assures better interconnection, Jio welcomes move

New Delhi: Bharti Airtel on Tuesday said following its talks with Reliance Industries, it will provide additional points of interconnection (POIs) to Jio telecom services -- a move that has been....

Patanjali CEO Acharya Balakrishna now among the richest people in India

New Delhi: It is a known fact that Patanjali Ayurved has equalled itself among the commercial giants in the Indian market, but what is being interpreted as a new development....

Sensex tanks by over 500 points, Nifty tumbles 1.52% on global sell-off

Mumbai: The key Indian equity indices on Monday morning tanked on global sell-off over US Federal Reserve rate concern. The 30-scrip Sensitive Index (Sensex), was trading 522.91 points or 1.82....

IndiGo Airlines joins price war, offers tickets from Rs 900

New Delhi: IndiGo Airlines became the latest carrier to join the price war by announcing fares starting as low as Rs 900 on select domestic routes.   The Rs 900....

Nissan Motor to end 8 years collaboration, exits ventures with Ashok Leyland

New Delhi: Nissan Motors and Ashok Leyland Ltd have entered a new agreement that brings both companies to a new phase in business. Nissan has decided to sell its entire....