Government exempts banking correspondents under PMJDY from service tax
New Delhi: Government has exempted the banking correspondents from service tax for opening savings account under Pradhan Mantri Jan Dhan Yojana (PMJDY...
RBI allows banks to fix interest rates on gold deposit scheme
New Delhi: Reserve Bank has issued guidelines for the Gold Monetisation Scheme that allows banks to fix their own interest rates on gold deposits. The...
Airline losses to come down 35 pc to Rs.5,500 cr this Fiscal Year
Mumbai: Low crude prices, increasing efficiency and rising air traffic will help the domestic airlines bring down their losses massively this fiscal t...
Angry Birds maker to slash jobs
Helsinki: Finnish gaming company Rovio, who produced Angry Birds,has decided to slash 213 jobs.Rovio on Wednesday announced to cut a total of 213 empl...
Sensex recovers 73 points on better earnings by bluechips
MUMBAI : The benchmark BSE Sensex rose by over 73 points in early trade on Tuesday on fresh buying in IT, oil and gas, banking and auto stocks after b...
HCL acquires Concept to Silicon Systems
New Delhi: HCL Technologies Ltd has under a definitive agreement acquired a Bengaluru-based privately held engineering services firm, Concept to Silic...
RIL's Q2 net surges 12.5% to Rs.6,720 crores
Mumbai: Mukesh Ambani-led private sector behemoth Reliance Industries posted a 12.5 per cent increase in consolidated net profit at Rs 6,720 crore com...
Sweden may become world's first cashless nation
London: Sweden is on track to becoming the world's first cashless society, thanks to the country's embrace of information techology as well as a crack...
Diesel turns dearer by 95 paise a litre
New Delhi: Diesel has become dearer by 95 paise per litre from midnight last night. The change is inclusive of state levies and will vary from state t...
Sensex fell 51 points to drop below 27,000-mark in early trade today
Mumbai: Shrugging-off positive global cues, the benchmark BSE Sensex fell 51 points to drop below the 27,000-level in early trade on Friday on p...
Australian govt nod for Adani project
Mumbai: The Australian government has approved Adani Group’s Carmichael Coal Mine and Rail project, which entails an investment of over $16 billion.&n...
Flipkart sells half-a-million mobiles in 10 hours
New Delhi: E-commerce major Flipkart on Wednesday said it has sold half a million mobile handsets within 10 hours as part of its The Big Billion Days ...
Brian Lara launches Yupp TV
Hyderabad: West Indian cricketing legend, Brian Lara launched what Indians love most next to cricket – movie and television serials content – after he...
Sensex rises 168 points in early trade
Mumbai: The benchmark BSE Sensex gained over 168 points in early trade today on fresh round of buying by investors amid positive cues from other Asian...
Sensex down 133 points in early trade today
Mumbai: The Sensex fell over 133 points in early trade due to selling in IT stocks after TCS’ second quarter earnings failed to impress investors.Besi...
TCS Q2 net profit up 6 percent at Rs.6,055.2 crore
Mumbai: India’s largest software company IT major Tata Consultancy Services (TCS) has posted a 6.1 per cent increase in net profit for the second quar...
Sensex down 75 points despite positive economic data
Mumbai: The benchmark BSE Sensex fell over 75 points in early trade today on profit booking by investors in recent gainers despite positive macroecono...
Amazon eyes first India offline store in Bengaluru
Bengaluru: Bengaluru is likely to get the world’s third offline or physical store from Amazon, the $89-billion world’s largest e-commerce player. Acco...
Infosys CFO Rajiv Bansal resigns
Bangalore: Country's second largest software services firm Infosys today said its Chief Financial Officer Rajiv Bansal has resigned from the company.H...
Telenor customers to get free life insurance
Hyderabad: Telecom service provider Telenor India has announced that it is offering life insurance for free to all its active customers.For this progr...
Sensex soars 325 points in early trade today
Mumbai: The benchmark BSE Sensex soared by 325 points to trade above the 27,000 level on Friday following a flurry of buying by investors amid strong ...
Love Jihad, killings don't fit well with Modi's emphasis on India rising: Rajan
Reserve Bank Governor Raghuram Rajan on Wednesday said Prime Minister Narendra Modi's emphasis on India being an economy which is trying to get it rig...
Sensex opens up with 84 points in early trade today
Mumbai: Extending gains for the seventh consecutive day, the benchmark BSE Sensex was up over 84 points in opening deals on across-the-board buying am...
India's economic growth to grow at 7.5 percent, faster than China: IMF
International Monetary Fund, IMF, has projected the economic growth rate of 7.5 percent for India in 2016 as against China's 6.3 percent. In its lates...
High Court restrains Glenmark from business of anti-diabetes drugs
New Delhi: Delhi High Court today restrained Indian firm Glenmark Pharmaceuticals from manufacturing and selling its anti-diabetes drugs Zita and Zita...
Sensex up 34 points in opening trade
Mumbai: The Sensex gained over 34 points in opening trade on Wednesday on buying in oil, banking and IT stocks amid sustained foreign fund inflows.The...
Sensex climbs 225 points on global cues
Mumbai: The benchmark BSE Sensex regained the 27,000 mark by climbing about 225 points in early trade on Tuesday on the back of continued buying by pa...
Black money non-declarants get warning of consequences: Arun Jaitley
New Delhi: Finance Minister Arun Jaitley today warned that those who did not declare overseas black money during compliance window will face the conse...
Sensex soars 371 points in early trade
Mumbai: Stock market benchmark BSE Sensex surged by over 371 points and the NSE Nifty regained the 8,000 mark in early trade on Monday, extendin...
Sensex recover 265 points to regain 26K-level
Mumbai: The benchmark BSE Sensex reclaimed the 26,000-mark by surging 265 points and the NSE Nifty was above the 7,900-level in early trade today on c...
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