Business News

Editor's Pick

Wholesale price index inflation eases to 0.16 per cent in October

The annual inflation, based on monthly wholesale price index, was at 5.54 per cent in October 2018.

published : 12 hours ago

Rupee depreciates 15 paise against US dollar

Overall market sentiment remains weak on account of weak macro numbers and negative global cues, forex traders said.

published : 13 hours ago

Market turns jittery on weak macro data, global cues

Top losers in the Sensex pack included Bharti Airtel, IndusInd Bank, Tata Motors, SBI, Tata Steel, ONGC and HUL, shedding up to 3.34 per cent.

published : 13 hours ago

Modi government unhappy over Vodafone's business 'uncertainty' remarks; CEO says media distorted statement

Vodafone Group CEO Nick Read is learnt to have written back to Prime Minister Narendra Modi promising that the company will remain invested.

published : 15 hours ago

Refrens banking on freelancer-friendly offerings to drive growth

Currently, Refrens is structured as a B2B platform for freelancers and clients who are on the lookout for professionals in fields like software development, hardware experts, etc.

published : 18 hours ago

DigiDarts aims to achieve a 200 per cent YoY growth by FY20

According to Vanvani, digital marketing can help companies sustain themselves in a competitive market as well as pushing forward their businesses.

published : 18 hours ago

Paytm to invest Rs 500 crore in early-stage tech start-ups

Paytm expects to employ technology across the growing internet to become the dominant player in artifical intelligence, it added.

published : 18 hours ago

Zomato doubles down its Gold programme

Enhanced benefits announced despite continuing protests from restaurant association NRAI; monthly cash burn reduced by half

published : 18 hours ago

Chennai mindset led to our disciplined growth: Zifo RnD Solutions CEO Raj Prakash

Prakash said that in terms of infrastructure, access, liveability, market, etc., Chennai ranks in the top category.

published : 18 hours ago

Infosys founder NR Narayana Murthy's son Rohan to get married in December 2019

The couple has known each other for about three years, and met through a mutual friend, according to sources. 

published : 20 hours ago

Pharmacy retail chain Medplus plans to raise Rs 700 crore through IPO

Medplus entered into an exclusive distribution agreement with Canada-based Jamieson Wellness Inc to retail the latter’s natural health products.

published : 21 hours ago

BVR Subbu appointed as Ola Electric's board member

He is also a board member of Ampere Motors, the Electric arm of Greaves Cotton.

published : 21 hours ago

Banks Board Bureau recommends CEOs for 3 PSBs

The BBB has also kept Bank of Maharashtra MD & CEO A S Rajeev and Karur Vyasa Bank head P R Seshadri in the reserve list, it said.

published : 21 hours ago

Cafe Coffee Day's Q1 profit at Rs 1,509 crore, revenue slips 2 per cent

The profit figure for Q1FY20 looks optically higher because it includes an exceptional gain amounting to Rs 1,659 crore primarily on account of sale of equity stake held in Mindtree.

published : 21 hours ago

SpiceJet’s Q2 loss rises to Rs 461 crore; Boeing planes may return in January

SpiceJet said its grounded Boeing 737 MAX planes will likely return to service in January 2020, as indicated by manufacturer Boeing.

published : 21 hours ago