Business News


Editor's Pick

Traders' body wants minimum operating price for products

The move, according to CAIT, will not only end the trend of deep discounts by e-commerce platforms bringing parity in prices of online and offline markets.

published : 19 Nov 2019

Is Hyderabad's Karvy Financial Services facing liquidity crisis?

Hyderabad-based Karvy Financial Services on Monday dismissed reports of a full-scale financial crunch and clarified that its troubles were limited to its commodities broking business.

published : 19 Nov 2019

Tata Steel to cut up to 3,000 jobs in Europe

Tata Steel, which owns major blast furnaces outside Amsterdam announced Monday it was slashing up to 3,000 jobs in Europe as it restructured following the collapse of a mega merger.

published : 19 Nov 2019

Jio, BSNL watching evolving tariff call scenario

A questionnaire on tariff hike from their side sent to Jio had not been responded at the time of writing and Jio officials were also not responsive to the tariff hike query.

published : 19 Nov 2019

Financial stress prompts Airtel, Vodafone Idea to hike tariffs from December 1

The tariff hikes come amidst a period of intense financial stress for telcos, with both Airtel and Vodafone Idea posting record losses during the second quarter.

published : 18 Nov 2019

Air India to start flying on Mumbai-Nairobi route from November 27

The four-times-a-week non-stop fight will be operated on Tuesdays, Wednesdays, Fridays and Sundays with a 256 seat Boeing 787 in two-class configuration, business and economy.

published : 18 Nov 2019

Financial stress prompts Airtel, Vodafone Idea to hike tariffs from December 1

Mobile data charges in India are by far the cheapest in the world even as the demand for mobile data services continue to grow rapidly, the company said.

published : 18 Nov 2019

IT companies may shed 30,000-40,000 mid-level staff: Industry veteran T V Mohandas Pai

'It's going to happen again and again and again every five years,' said Pai, Chairman of Aarin Capital and Manipal Global Education Services.

published : 18 Nov 2019

Sensex ends 72 points lower; Yes Bank drops 4 per cent

Despite positive cues from global markets, sentiment in the domestic market was subdued on account of multiple reports suggesting that the pace of India's economic growth may falter further.

published : 18 Nov 2019

Grant 3-year moratorium to telecom companies to repay dues: COAI to government

Most 4G licences have 11-year validity left, and that the government could pack in another 10 years, thus allowing operators to pay back all the outstanding dues.

published : 18 Nov 2019

Exploring legal options to address contempt notice by SC: Fortis Healthcare

'The company is currently evaluating the judgement and exploring legal means to address it in an expeditious manner keeping in mind the best interest of all its stakeholders,' Fortis said.

published : 18 Nov 2019

IOC, GAIL to pay Adani 5 per cent more charge than their own LNG terminal: Dharmendra Pradhan

IOC had in 2015 signed to use up to 60 per cent of the terminal's capacity for importing gas for its refineries at Haldia in West Bengal and Paradip in Odisha.

published : 18 Nov 2019

Gold prices fall Rs 85 to Rs 38,775 per 10 gram on weak global trend

Silver prices also tumbled by Rs 290 to Rs 45,250 per kg from Rs 45,540 per kg.

published : 18 Nov 2019

Soon, enjoy your holidays relaxing in Maldives-like water villas right here in India!

Around 125 rooms are likely to be built in Lakshwadeep and around 460 in the Andaman & Nicobar Islands.

published : 18 Nov 2019