Business

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....

Sensex opens on higher note on Tuesday

Mumbai: The 30-scrip Sensitive Index (Sensex) on Tuesday opened on a higher note during the morning session of the trade. The Sensex of the BSE after opening at 28,631.27 points....

Top four major challenges ahead of the new RBI Gov, Urjit Patel

New Delhi: Urjit Patel has taken charge as Governor of the Reserve Bank of India (RBI), an official statement said here on Monday.   "Urjit R. Patel assumed charge as....

Lesser known facts about new RBI governor Urjit Patel

New Delhi: Urjit Patel on Monday took charge as the new Governor of the Reserve Bank of India (RBI). He succeeded Raghuram Rajan, whose three-year term ended on Sunday. Urjit....

Urjit Patel takes charge as new RBI governor

Mumbai: Urjit Patel has taken charge as Governor of the Reserve Bank of India (RBI), an official statement said here on Monday.   "Urjit R. Patel assumed charge as the....

Terra Greens to adopt 4,000 farmers in Tamil Nadu

Hyderabad: Hyderabad-based Terra Greens founder and Director Likitha Bhanu on Sunday pledged to adopt 4,000 farmers across Tamil Nadu.   She made the announcement at the Vellore Institute of Technology....

Yuvraj Singh launches his new clothing brand YWC

New Delhi: Celebrity cricketer Yuvraj Singh on Saturday made his foray into the clothing industry as he introduced his new clothing brand YouWeCan (YWC) under his YouWeCan Ventures Company. The....

Yuvraj Singh launches his new clothing brand YWC

New Delhi: Celebrity cricketer Yuvraj Singh on Saturday made his foray into the clothing industry as he introduced his new clothing brand YouWeCan (YWC) under his YouWeCan Ventures Company. The....

Mumbai port permits berthing of dry bulk cargo at OCT

Mumbai: The Mumbai Port Trust (MbPT) has permitted the berthing of dry bulk cargo vessels at its Offshore Container Terminal (OCT) on trial basis after demands by ship agents, an....

Very soon, you’ll be booking ‘Kamascootra’ flight tickets!

New Delhi: A Singapore Airline budget carrier called Scoot will soon be launching itself into the Indian market. But unlike the normal fast-paced-sounding names, this carrier will have a more....

Tata Motors sales up 6% in August

Mumbai: Tata Motors on Thursday said it has sold 43,061 units passenger and commercial vehicles in August -- a growth of 6 per cent over 40,679 vehicles sold in corresponding....

Subsidised LPG costlier by Rs 2, jet fuel cheaper 3.8%

New Delhi: State-run oil marketers on Thursday raised the price of subsidised LPG, or cooking gas, by about Rs 2 per 14.2-kg cylinder, and cut the rate of non-subsidised LPG....

Mukesh Ambani rings in a new era of digital revolution with Reliance Jio mega launch

Mumbai: During the Annual General Meeting (AGM) of Reliance, Chairman, managing director and largest shareholder of Reliance Industries Limited Mukesh Dhirubhai Ambani launched Reliance Jio.    During the AGM, Mukesh....

India’s GDP growth for first quarter 7.1%; was 7.5% in like period of 2015-16

New Delhi: India's gross domestic product (GDP) slowed to 7.1% for the first quarter of this fiscal, from 7.5% in the like period of 2015-16, due mainly to lower activity....

Apple must pay Ireland up to 13 billion euros in taxes: European Commission

London: In a setback to US tech giant Apple just before the much-awaited launch of its iPhone 7, the European Commission on Tuesday announced that Ireland must demand 13 billion....

Paytm’s value to soar a massive $5 billion after fund-raise from Goldman Sachs, MediaTek and Temasek

New Delhi: Indian startup Paytm's value is expected to soar a staggering $300-350 million or about Rs 2000 crore after global financial services giants Goldman Sachs, Temasek and MediaTek were....

Sitharaman defends 2% rate cut by RBI, says essential to boost SMEs

New Delhi: Defending her demand for two% cut in interest rates by Reserve Bank of India (RBI), Union Commerce Minister Nirmala Sitharaman on Saturday said it is essential to boost....

Brace yourself for ads! Indian Railways to make Rs 11,000 crore by putting adverts on train

New Delhi: With the recent announcement that Indian trains will be fully smeared with advertisements, the Indian Railways is all set to cash in more than Rs 11,000 in revenue....

Maggi — India’s 2-minute instant noodle retains top spot in market

New Delhi: After FSSAI imposed a ban last year on India's infamous instant noodle brand, Maggi, for its harmful lead content, Maggi on Tuesday recaptured the noodle market by regaining the....

I was taken out because of performance, says Flipkart co-founder Sachin Bansal

New Delhi: Most of the Flipkart employees who personally suffered due to the downsizing of the company have bitter words to share among themselves about those at the 'top'. But....

Singtel to buy 7.39 per cent stake in Bharti Telecom

New Delhi: Singapore Telecommunications (Singtel) on Thursday said it will pick up 7.39 per cent stake in Bharti Telecom, the holding company of India's largest telecom service provider Bharti Airtel,....

No sacking but redeployment of 3,000 techies says Infosys

Bengaluru: Global software major Infosys Ltd on Wednesday said it will not lay off nearly 3,000 techies after the Royal Bank of Scotland (RBS) cancelled its contract for setting up....

BHEL gets order worth Rs 169 Crore by WBSEDCL

New Delhi: Power equipment maker Bharat Heavy Electricals Limited (BHEL) on Tuesday revealed that it had received an order to setup Solar Photovoltaic (SPV) plants. The cost of the plant....

Tech giant Infosys to sack 3000 employees soon

Bengaluru: Global software major Infosys Ltd. will soon lay off about 3,000 techies since the Royal Bank of Scotland (RBS) has cancelled the contract for setting up a new bank....

Hindi-Hebrew great combo for global start-up ecosystem: Israeli Ambassador

Gurgaon: Hindi and Hebrew are the most spoken languages in Silicon Valley, thus any India-Israel collaboration can create a vibrant ecosystem that will help start-ups to mushroom and thrive the....

Enterprise mobility firm SOTI to invest $12 million in India

New Delhi: Canadian Enterprise Mobility Management (EMM) solutions company SOTI on Thursday announced it will invest $12 million in a state-of-the-art facility in India which will add 300 new jobs....

Gold demand drops 18% due to strike, various regulatory moves

New Delhi: Demand for gold in India for the second quarter dropped by 18% mainly due to high price, jewellers' strike and various regulatory moves by the government, Somasundaram PR,....

LeEco to invest $3 billion in electric car facility

Beijing: Chinese internet and technology conglomerate LeEco on Thursday announced investment of $3 billion in a manufacturing park that will house advanced electric car making unit.   Located in Hangzhou....

Adidas to launch its own retail store in 2017

New Delhi: Adidas India plans to launch its first own retail store in 2017 after getting approval from the Department of Industrial Policy and Promotion (DIPP) to operate fully-owned single-brand....

Independence Day sale: SpiceJet offers base fare starting at Rs 399

New Delhi: SpiceJet on Tuesday launched its Independence Day offer starting at Rs 399. The three-day sale will offer one-way fare as low as Rs 399, excluding taxes and surcharges.....