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A worker cleans a mobile store of Reliance Communications Ltd, controlled by billionaire Anil Ambani, in Kolkata, India, September 10, 2016. | Reuters
Reliance Communications jumps over 6 per cent on monetisation of realty assets

Reliance Communications, which is saddled with Rs 45,000 crore of debt, has got a 7-month reprieve from banks to service it.

22 Jun 2017

Sensex rallied 211 points to hit an all-time high. (Photo |Reuters)
Sensex hits new peak at 31,494 on Sebi measures

The regulator Sebi relaxed entry norms for overseas investors, rationalised 'fit and proper' criteria as also simplified other requirements

22 Jun 2017

A man carries empty aluminium tins used for edible oil past a stack of tins at a recycling yard in Ahmedabad. (File Photo | Reuters)
Farmer protests push for rise in edible oils import tax

Local oilseed crushers are struggling to compete with cheaper edible oil imports from Indonesia, Malaysia, Brazil and Argentina.

22 Jun 2017

In this March 15, 2017, file photo, a sign marks a pick-up point for the Uber car service at LaGuardia Airport in New York. | AP
Well-known names surface as possible Uber CEO candidates

At least two prominent female executives have already taken their names out of the running: Sheryl Sandberg and Arianna Huffington, a current member of Uber's board.

22 Jun 2017

(File Photo | Reuters)
Sensex makes 136-point rebound as bad loan fight paces up

ealty, metal, power and auto were in the positive zone, rising by up to 1.09 per cent.    

22 Jun 2017

A cashier counts rupee notes as customers wait in queues inside a bank in Chandigarh on November 10, 2016. (File Photo | Reuters)
Rupee slips 3 paise more as dollars flow out

The fall was contained by a higher opening in the domestic equity market.

22 Jun 2017

The logo of Ducati is seen during a Motor Day Exibition in Rome. (File Photo | Reuters)
Harley-Davidson enters race to buy Italian rival Ducati: Sources

Indian motorcycle maker Bajaj Auto and several buyout funds are also preparing bids for Ducati

22 Jun 2017

Sensex up 97 points in early trade ahead of Reliance Industries earnings.(Photo |Reuters)
Key Indian equity market indices open higher

After a volatile day of trade on Wednesday, outflow of funds and heavy selling pressure in automobile, metal and oil and gas stocks subdued investors' sentiments.

22 Jun 2017

Tata plans take off with debt-loaded Air India

Reports indicate the group held talks to buy controlling stake as government looks to divest the beleaguered airline

22 Jun 2017

Why did Uber CEO Kalanick resign?

US cab aggregator Uber’s troubles at the helm came to a head on Wednesday, with co-founder and CEO Travis Kalanick resigning after facing pressure to do so from a section of investors.

22 Jun 2017

‘We’ll go for an IPO in India, not London’

Dr Azad Moopen, CMD of Aster DM Healthcare, started with one clinic in 1987. There has been notable expansion over the next 30 years with turnover touching $1 billion last year. Dr Moopen speaks to Th

22 Jun 2017

Wind, solar sectors to drive job creation

Wind and solar sectors can generate three lakh jobs, if the Centre and states work together to achieve the clean energy goals to install 160 gigawatts of renewable power by 2022. India’s rapidly expan

22 Jun 2017

Indian IT eyes H1-B visa relaxation for more professional categories

The Indian information technology sector is betting on Prime Minister Narendra Modi’s US visit this week to facilitate more business opportunities and hope that H1-B visa will be relaxed for more cate

22 Jun 2017

RBI. (File photo  Reuters
Bank credit up 6%, deposits rise 11.2%: RBI

Credit growth has been flat for several quarters now, but the fortnight ended June 9 witnessed a visible uptick

22 Jun 2017

Uber CEO Travis Kalanick. (File |Reuters)
Kalanick, Uber's disruptive driving force

Travis Kalanick was the driving force behind Uber, taking a spur-of-moment idea and turning it into the world's most valuable venture-funded tech startup.

21 Jun 2017

DIPP forms six groups for preparing new industrial policy

The commerce and industry ministry has constituted six groups for preparing a framework for the country's new industrial policy that includes taxation, MSME and innovation, among others.

21 Jun 2017

Amitabh Bachchan.  (File photo | AFP)
Congress leader Sanjay Nirupam urges Amitabh Bachchan to withdraw from GST campaign

The government has roped in Bachchan to promote the Goods and Services Tax (GST), ahead of the scheduled July 1 roll out of the sweeping tax reforms.

21 Jun 2017

Sebi eases Foreign Portfolio Investors registration norms

Markets regulator Sebi today decided to ease the entry norms for overseas investors by permitting a direct access to Foreign Portfolio Investors (FPIs) from eligible jurisdictions.

21 Jun 2017

Finance Minister Arun Jaitley (File | PTI)
India seeks Russian firms' support in defence manufacturing

Defence Minister Arun Jaitley today invited Russian firms to join hands with Indian companies in developing high-end military platforms and weapons systems.

21 Jun 2017

Private companies bend it in style, hop onto yoga bandwagon

The International Yoga Day was celebrated across the world today and IndiGo, for one, marked it by holding yoga sessions across 39 airports in the country.

21 Jun 2017

Venkaiah Naidu writes to Chief Ministers flagging homebuyers' tax concern post-GST

In the letter, Naidu said there had been complaints that the buyers, who had booked flats and had made part payments, were being asked to make entire payment before July 1 to avoid higher tax.

21 Jun 2017

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