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(File Photo | Reuters)
Wipro sacks hundreds after performance appraisal

The company is scheduled to report its fourth quarter and full-year numbers on April 25. 

20 Apr 2017

World Bank Group President Jim Yong Kim (File Photo | Reuters)
World Bank to continue alternative energy financing efforts despite Trump's climate change stance

The science of climate change didn't change with any particular election, Jim Yong Kim said.

20 Apr 2017

The company logo for Unilever is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 17, 2017.
Sales beat boosts Unilever's argument to go it alone

Growth was led by emerging markets, while pricing added 3 percent and the dip in volumes took off 0.1 percent.

20 Apr 2017

(File Photo | PTI)
BHIM app reaches near 20 million download mark

Digital payment channels like mobile wallets, USSD and RuPay have seen a rise in transactions post demonetisation.

20 Apr 2017

RBI governor Urjit Patel (File photo | Reuters)
Banks have room to lower lending rates: RBI governor tells MPC

Urjit Patel also sounded a note of caution on inflation in the coming months.

20 Apr 2017

Ford sign at the entrance to Butler County Ford in Butler, Pa. (File | AP)
Ford India targets 30-35 per cent growth

Since the launch of the sports edition of Figo and Aspire in the south, both had set new benchmarks in the segment, a senior company official said 

20 Apr 2017

Hindustan Zinc Q4 net profit rises 42 per cent to Rs 3,057 crore

The record performance of the company was supported by strong zinc prices, the company's chairman said.

20 Apr 2017

(File Photo | EPS/Shamim Qureshy)
Government sells 9.2 per cent stake in Nalco via greenshoe option, raises Rs 1,200 crore

With bids, over 1.84 times the shares on offer, the subscription of institutional investors was valued at Rs 954 crore

20 Apr 2017

People queue outside the Reserve Bank of India (RBI) to exchange their old high denomination bank notes in New Delhi, India, December 30, 2016. | Reuters
Half of all public banks can be impacted by revised  PCA framework: Fitch

BI's updated `prompt corrective action' (PCA) rules can potentially impact more than half of the NPA-laden state-run banks, a report said today.…

20 Apr 2017

A man walks in front of the logo of Nissan Motor Co. at the gallery at its global headquarters in Yokohama, near Tokyo Monday, Nov. 7, 2016.| AP
Nissan slashes Sunny sedan prices by up to Rs 2 lakh

Sunny will be now available at a starting price of Rs 6.99 lakh going up to Rs 8.99 lakh

20 Apr 2017

RBI governor Urjit Patel. (File photo | Reuters)
Parliamentary panel calls Urjit Patel again on note ban issue

Patel was spared a grilling when he had appeared before the Parliamentary Standing Committee on Finance in January.

20 Apr 2017

Sensex | REUTERS
Mindtree Q4 net profit falls 27 per cent at Rs 97.2 crore

Consolidated revenue fell marginally to Rs 1,318.1 crore from Rs 1,320.3 crore a year ago.  

20 Apr 2017

Union Commerce and Industry Minister Nirmala Sitharaman. | (File|PTI)
Sitharaman submits WTO proposal on services trade deal; says nations raising protectionist walls

The proposal is aimed at liberalising rules for movement of professionals and other steps.

20 Apr 2017

A logo of the Pastis 51 brand by French drinks maker Pernod Ricard group is seen at the ' Club Pernod' in Marseille, France in 2016. (File Photo | Reuters)
Pernod rides US and China growth, but India presents speed bump

The French spirits group cautioned that a ban on alcohol sales near Indian highways would slow growth in its second-largest market.

20 Apr 2017

(File Photo | Reuters)
Sensex extends gains, up 86 points on bargain hunting

Investors picked beaten down counters, including technology stocks that lost ground on disappointing quarterly results.

20 Apr 2017

Reliance Defence gets lenders' approval to exit debt restructuring

The lenders have also given their go-ahead to implementation of refinancing scheme of RDEL.

20 Apr 2017

Representational Image. | File Photo
Yes Bank shares tank 6.5 per cent as bad loans soar

Gross non-performing assets rose to 1.52 per cent of gross advances as on March 31, compared with 0.76 per cent a year ago

20 Apr 2017

A worker fixes the Hyundai logo on a vehicle at a plant of Hyundai Motor in Asan, south of Seoul. (File | Reuters)
Hyundai launches all new Xcent priced up to Rs 8.41 lakh

The sedan comes with various new features like LED daytime running lights, wheel air curtains for better aerodynamic stability, shark fin antenna

20 Apr 2017

Cairn Energy. (Photo courtesy : Cairn media library)
I-T dept seeks Rs 30,000 crore penalty from Cairn Energy for non-payment of tax

Senior tax department officials said Cairn Energy has sought 10 more days to reply to the show cause notice seeking levy of penalty.

20 Apr 2017

A technician repairs power supply lines at a power plant of Adani Power at Mundra Port in Gujarat April 2, 2014. | Reuters
Adani group firm commissions logistics park in Punjab

The container depot will help capture cargo from Punjab and nearby states and contribute towards consolidating additional volumes for Mundra Port.

20 Apr 2017

Realty portals PropTiger, Housing look to break even by 2020

News Corp-backed real estate portal PropTiger.com expects its entire group to break even and start earning profit from 2019-20.

20 Apr 2017

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