Iconic business leader Ratan Tata has acquired a stake in Chinese handset maker Xiaomi, the first investment by any Indian in the smartphone maker.
In a bid to boost its landline business, country's largest telecom operator Bharti Airtel will be launching unlimited voice calling schemes for its broadband customers.
Alleging fund diversion to Kingfisher and other UB group entities, United Spirits' new owner Diageo has asked Vijay Mallya to step down as chairman and director of the Indian liquor firm, a demand he outrightly rejected.
At least three of the biggest global banks have told their clients to stop buying Indian shares on worries over the land bill and tax claims by the government, sources at the banks said
To comply with as many as eight labour laws, firms can now file a single unified return under a new online facility launched by the labour ministry on Friday.
A Parliamentary panel has questioned the credibility of India’s new method to calculate national income, casting doubts of over a recently-released statistical formula that had turned up a surprise: GDP in 2013-14 grew 6.9% instead of the earlier 4.7%.
Google paid its billionaire executive chairman Eric Schmidt nearly $109 million (about Rs 650 crore) last year while the company’s stock slumped.
Finance minister Arun Jaitley introduced the Constitution Amendment Bill to roll out Goods and Services Tax (GST) tabled in Lok Sabha on Friday.
Infosys Ltd, India's second-largest software services exporter, on Thursday posted a 3.5% rise in quarterly net profit, lagging analyst estimates.
The long-pending Goods and Services TGST moved in LS amid stiff Opposition resistanceax (GST) Bill was on Thursday moved in the Lok Sabha for consideration amid stiff resistance by several Opposition parties, even as Finance Minister Arun Jaitley said it is a "win-win" measure and states have nothing to fear.
Top fund house Reliance Capital Asset Management Company roped in on Thursday the largest Korean asset management firm Samsung AMC for a strategic alliance, which will allow the two companies to manage, market and distribute each other's investment products in India and South Korea.
Extending Thursday's losses, the benchmark BSE Sensex fell over 139 points in early trade on Friday due to continued foreign capital outflows and persistent selling by investors amid muted corporate earnings.
Achieving a 3% fiscal deficit target by 2017-18 is a challenge but the government will not compromise on building public infrastructure and irrigation, finance minister Arun Jaitley said on Friday.
The rupee declined by 11 paise at fresh three-month low of 63.43 against the US dollar in early trade on Friday at the Interbank Foreign Exchange on renewed demand for the American currency from banks and importers amid foreign capital outflows in the equity market.
RBI chief Raghuram Rajan has written to the prime minister’s office seeking “concerted” action in the country’s 10 biggest bank frauds allegedly involving prominent real estate, media and diamond firms that are being probed by the CBI, officials told HT.