Business

  •  Mukesh Ambani
    Apr 27, 2015 19:18 IST

    Mukesh Ambani richest Indian again , moves ahead of Dilip Shanghvi

    Industrialist Mukesh Ambani on Monday regained his position as the world's richest Indian with a networth of $19.6 billion, as pharma tycoon Dilip Shanghvi slipped to the second place after remaining on the top for about seven weeks.

  • Narendra Modi
    Apr 26, 2015 23:22 IST

    Public sector banks to hardsell Jan Dhan overdraft benefit

    The government has asked public sector banks to proactively inform account holders under the PM's Jan Dhan Yojana about their eligibility to take an overdraft.

  • hdfc
    Apr 26, 2015 23:19 IST

    HDFC Bank offers 10-second loan nod

    Your loans will not only become cheaper, but will be disbursed faster, within seconds.

  • Vijay Mallya
    Apr 26, 2015 23:15 IST

    Vijay Mallya rules out quitting USL, Sebi to probe lapses

    United Spirits chairman Vijay Mallya, who has been asked by majority stake holder Diageo Plc to resign from his position, has said that he has no intention to quit.

  • Nirmala Sitaraman discusses Companies Act with stakeholders
    Apr 26, 2015 18:26 IST

    Global slowdown impacted India's exports in 2014-15: Sitaraman

    India failed to meet the exports target of $340 billion set for 2014-15 due to economic slowdown in many countries, commerce and industry minister Nirmala Sitaraman said on Sunday.

  • Arun Jaitley
    Apr 25, 2015 08:11 IST

    Foreign investors skittish on India over land bill, tax worries

    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

  • Budget
    Apr 25, 2015 00:53 IST

    House panel casts doubt on GDP data, questions revival

    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%.

  • An investor
    Apr 25, 2015 00:46 IST

    Foreign investors skittish on India over land bill, tax worries

    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.

  • budget, Manufacturing
    Apr 24, 2015 23:14 IST

    Now firms can file single return to comply with 8 laws

    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.

  • Eric Schmidt
    Apr 24, 2015 23:08 IST

    Google paid Eric Schmidt $109 million last year

    Google paid its billionaire executive chairman Eric Schmidt nearly $109 million (about Rs 650 crore) last year while the company’s stock slumped.

  • Infosys
    Apr 24, 2015 15:09 IST

    Infosys Q4 net profit lags forecast, shares fall 6%

    Infosys Ltd, India's second-largest software services exporter, on Thursday posted a 3.5% rise in quarterly net profit, lagging analyst estimates.

  • Rupee
    Apr 24, 2015 10:18 IST

    Rupee falls further to 63.56, down 24 paise vs dollar

    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.

  • Bombay Stock Exchange
    Apr 24, 2015 10:14 IST

    Sensex falls 297 points to over 3-month low, Infosys slumps

    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.

  • Rupee
    Apr 24, 2015 01:51 IST

    Rupee plunges to over 3-month low of 63.32 vs dollar

    The rupee on Thursday plummeted to an over three-month low of 63.32 by losing 50 paise against the US dollar on renewed demand for the American currency from banks and importers amid foreign capital outflows in the equity market.

  • LED lights
    Apr 23, 2015 23:31 IST

    India may lose Rs 24K-cr LED orders to China

    The government in October launched a massive green push to replace 750 million tungsten bulbs with energy-efficient LED ones. But it is the Chinese companies, and not the local manufacturers, who are set to scoop up a bulk of the potential Rs 24,000-crore worth of orders as domestic companies don't have the wherewithal to meet this demand.