Business

  • Bombay stock exchange
    Jul 06, 2015 09:56 IST

    Sensex up 116 pts, closes at 28,208.76, Nifty reclaims 8,500-mark

    The benchmark Sensex closed at 28,208.76 after it bounced back 115.97 points on late buying in some blue chips, led by healthcare, oil and gas, realty and FMCG sector stocks.

  • Indian Rupee
    Jul 06, 2015 10:32 IST

    Reference rate for rupee fixed at 63.5785 against dollar

    The rupee on Monday declined by 18 paise to 63.62 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to dollar's gain against other currencies overseas.

  • 3
    Jul 06, 2015 10:44 IST

    Ratan Tata 2.0: Start-up mentor and angel investor

    Last week, when Ratan Tata flagged off a joint initiative with Google and Intel and Tata Trusts to increase Internet usage for rural women, the 77-year old Tata Sons chairman emeritus had added yet another achievement to his list of accomplishments, since he

  • IndiGo Airlines
    Jul 05, 2015 23:15 IST

    To stop exodus, IndiGo offers Rs 1 lakh per month hike to pilots

    Amid increased attempts by Gulf carriers to poach highly-skilled commanders from India, the country’s biggest airline by market share, IndiGo, has given a salary hike of up to 13% to its pilots.

  •  Mukesh Ambani
    Jul 05, 2015 17:56 IST

    Ambani gets 205-times of median pay, ITC's Deveshwar 439-times

    Industrialist and India's richest businessman Mukesh Ambani has not taken a pay hike for seven years but his salary is over 205-times that of the median employee remuneration at Reliance Industries Ltd (RIL).

  • Smartphone
    Jul 05, 2015 23:20 IST

    Telecom panel okay with Airtel Zero, not Facebook’s Internet.org

    A panel of the telecommunication department on net neutrality is learnt to have opposed projects such as Facebook’s Internet.org, which allow access to certain websites without mobile data charges, while suggesting that similar plans like Airtel Zero be allowed with prior clearance from the telecom regulator.

  • Coal mines
    Jul 05, 2015 23:40 IST

    Group company rules for coal auctions to be tightened

    With the intent to try and prevent any chance of cartelisation or collusion among bidders during the forthcoming round of captive coal block auctions in August, the government is mulling tightening the definition of what constitutes a group company.

  • Micromax Canvas Selfie
    Jul 05, 2015 23:25 IST

    MasterCard testing face recognition ‘selfie’ app

    MasterCard is experimenting with a smartphone app that allows people to confirm their identity and authenticate online transactions via a facial scan.

  • Solar cells
    Jul 05, 2015 00:34 IST

    Adani group to set up Rs 4,536 crore solar power park in TN

    Gujarat-based Adani group signed an MoU with the Tamil Nadu government to set up one of the world’s largest solar parks at a cost of Rs 4,536 crore in the southern district of Ramanathapuram.

  • Pure and auspicious
    Jul 04, 2015 16:02 IST

    Gold prices rise after firm buying, following global trend

    Gold prices surged higher at the domestic bullion market on Saturday after sustained offtake from jewellery stockers and retailers amidst a firm overseas trend

  • Arun Jaitley
    Jul 04, 2015 00:32 IST

    Four years on, black economy still a grey area

    Even four years after commissioning three think-tanks to estimate the size of the black economy, the government is yet to get an approximate measure about India’s bustling parallel economy that operate between regulatory boundaries.

  • Infosys
    Jul 03, 2015 14:06 IST

    Infosys announces $10 million investment in Irish start-ups

    Global software company Infosys Ltd announced on Friday that it had plans to invest $10 million (Rs 64 crore) in start-ups based in Ireland after winning a deal from Allied Irish Banks, plc.

  • One rupee note
    Jul 03, 2015 11:18 IST

    Cost incurred to print a one rupee note is Rs 1.14

    The cost of printing one rupee note, which was recently re-introduced after a gap of 20 years, is 14 paise more than its value (Rs 1.14), an RTI query has revealed.

  • Greece
    Jul 03, 2015 10:52 IST

    How to get Greece's economy up and on the road to recovery

    Whatever may come of the Greek referendum and solutions to its current crisis, it is clear that fixing problems in Greek tax structures, foreign investment flows and export activity must take place for the economy to start flourishing again.

  • Rajat Gupta
    Jul 03, 2015 10:52 IST

    Rajat Gupta's appeal to void insider trading conviction fails

    Former Goldman Sachs Group Inc director Rajat Gupta lost his bid to overturn his insider trading conviction for passing tips about the bank's financial results and a crucial investment from Warren Buffett's Berkshire Hathaway Inc.