Other Stories

Former UB Group chairman Vijay Mallya. | File Photo
Mallya siphoned Rs 263 crore from IDBI loan, claims CBI

In the charge sheet, the CBI alleged that Kingfisher Airlines had diverted Rs 263 crore from the Rs 900 crore IDBI loan for “personal use”.

2 hours ago

Image used for representational purpose. (File photo | Reuters)
Airtel Q3 profits fall by 54% over Jio's 'predatory pricing' 

The company's consolidated net profit for the October-December quarter declined from Rs 1,108.1 crore a year ago to Rs 503.7 crore.

9 hours ago

Image for representation purposes only. (File photo | PTI)
Railways may create business opportunities worth Rs 6.7 trillion by 2020: Crisil

The upcoming Union Budget could allocate funds to the tune of Rs 1.3-1.4 trillion in this sector for 2017-18, Crisil stated.

10 hours ago

Image used for representational purpose. (File photo | Reuters)
Wipro executive vice-chairman T K Kurien to retire on January 31

Popularly known as TK with in industry circles, Kurien served Wipro as its CEO from February 2011 to January 2016.

10 hours ago

Image used for representational purpose only. (File photo)
Toshiba to approve chip business split-off on Friday: Sources

The sale is part of the conglomerate's efforts to avoid being crippled by an upcoming multi-billion dollar writedown for its U.S. nuclear business, sources said.

11 hours ago

Bharti AXA appoints Sanjeev Srinivasan as CEO

Sanjeev's focus will be to drive the company's go-to-market strategy of creating a balanced portfolio, driving new distribution tie-ups and creating a customer centric brand.

12 hours ago

Image used for representational purpose. (File photo | Reuters)
Sensex hits almost three-month closing high

Hopes for economic incentives at the annual budget next week lifted market sentiment.

12 hours ago

BSE in Mumbai.  (File photo | Reuters)
BSE IPO subscribed fully on Tuesday

The stock exchange aims to raise up to Rs 1,243 crore from the IPO, which is priced at Rs 805-806 per share.

12 hours ago

Yamaha motorcycle at an Auto Expo. (File photo | AP)
Yamaha targets sale of one million units in 2017

Out of the one million target for 2017, 600000 will come from scooters and 400000 from motorcycles, Vice-President Roy Kurian said.

12 hours ago

James Hogan, CEO of Etihad Airways sits between other officers at a news conference in Zurich. (File photo | Reuters)
Etihad CEO James Hogan to step down, says airline committed to strategy

In recent months, a slowing regional economy, overcapacity in the industry and a strong U.S. dollar have pressured the carrier's earnings.

13 hours ago

Image used for representational purpose. (File photo | Reuters)
HCL Technologies hires even more locals in the US, says visa dependency down

While the company CEO did not disclose the specific number of local hires, he said the company currently recruits over 55 per cent local employees in the US.

13 hours ago

Image used for representational purpose. (File photo | Reuters)
One taxpayer owed 11% of India's total income tax collection in 2014-15

The taxpayer owed the government Rs 21,870 crore (over $3 billion) for the assessment year 2014-15.

13 hours ago

Image used for representational purpose. (File photo | Reuters)
Smartphone sales show decline by 30.5% due to demonetisation: IDC

According to the report, domestic vendors are finding it difficult to compete with the Chinese players due to shrinking marketing levels and the absence of good product assortment.

14 hours ago

Image used for representational purpose. (File photo | Reuters)
India to finalise oil storage deal with UAE on Tuesday

Oil-rich Abu Dhabi has been in discussions to finalise a deal to lease part of India's crude oil storage facilities.

14 hours ago

The logo of Samsung Electronics is seen at its headquarters in Seoul. ( File photo | Reuters)
Chips, semiconductors compensate for Samsung Note 7 losses 

The South Korean tech giant achieved an annual net profit of 22.73 trillion won in 2016 ($19 billion), an increase of 19.2 percent from 2015.

14 hours ago

How a Trump tariff could sideswipe US auto industry 

Mexico's auto sector, while still smaller than the U.S., is growing at a faster clip.

15 hours ago

Customers read a notice pasted outside a closed HDFC bank in Kolkata, November 9, 2016. REUTERS
HDFC Bank third-quarter profit up 15 percent, beats estimates

Analysts on average had expected a net profit of 37.88 billion rupees, according to data compiled by Thomson Reuters.

15 hours ago

HCL Tech Q3 net grows 7.8 percent to Rs 2,070 crore

Nine transformational deals were signed this quarter across service lines, industry verticals and geographies.

15 hours ago

GST (Representational image)
KDK Softwares launches helpline to resolve GST-related queries

The company said its national toll-free helpline number 1800 103 9271 is available in 6 languages - English, Hindi, Gujarati, Marathi, Kannada and Malayalam.

16 hours ago

RBI (File | Reuters)
No records of fake currency deposited in banks: RBI

There is no record available of the fake currency which has been detected in the demonetised notes deposited in banks.

16 hours ago

President-elect Donald Trump pumps his fist as he arrives during the 58th Presidential Inauguration at the US Capitol in Washington. | AP
TPP is meaningless without US participation: Japan

The US alone accounts for 60 percent of the combined GDP of the 12 signatory states while Japan, for its part, accounts for 20 percent.

16 hours ago