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NCLAT directs McDonald's and Bakshi to settle row, re-open 169 outlets for now

The National Company Law Appellate Tribunal (NCLAT) today asked US fast food giant McDonald's and its estranged Indian JV partner Vikram Bakshi to con...

Nandan Nilekani appointed as new Infosys Chairman

New Delhi: Nandan Nilekani was on Thursday named Infosys Chairman after R Seshasayee and co-chair Ravi Venkatesan quit.Nilekani, who was CEO of the co...

RBI to introduce Rs.200 note tomorrow

The new Rs 200 currency note will be introduced in the market tomorrow, Reserve Bank of India said today.The new denomination has Motif of Sanchi Stup...

5% GST applicable on selling of space for advertisement in print media: Centre

Government has clarified that five percent GST is applicable on selling of space for advertisement in print media if an agency buys space from the new...

Rupee goes up 7 paise against US dollar

The rupee today went up 7 paise to 64.05 against the dollar that remained shaky after US President Donald Trump's comments about a government shutdown...

Sensex climbs over 110 points after Asian uptrend

Indian stocks today shrugged off weakness in US markets as the Sensex surged over 110 points, with domestic investors doing the job amid positive Asia...

Infosys successor: Investors want Nandan Nilekani to return, join board

As many as 12 key domestic institutional investors (DIIs) have written to Infosys, batting for co-founder Nandan Nilekani's appointment to the board, ...

Rupee stretches gains, up 5 paise at 64.05

The rupee firmed up by 5 paise to 64.05 against the US dollar in early trade today on sustained selling of the American currency by banks and exporter...

IT department begins probe in promotion scam

Vikas Rasal could be the tip of an iceberg and small victim in a big illegal syndicate working between the states and the Centre to promote a non-reve...

Hyundai launches next gen Verna priced at Rs 7.99 lakh

Hyundai Motor India Ltd (HMIL) today launched a new version of its mid sized sedan Verna with an introductory price starting at ₹7.99 lakh ( ex-showro...

Mercedes launches AMG GTR in India

German luxury carmaker Mercedes- Benz today launched AMG GT R in India with prices starting at Rs 2.23 crore (ex-showroom).The company also introduced...

Govt puts urad, moong dal imports under restricted category

The government put imports of Urad and Moong dal under the restricted category and fixed an annual cap of three lakh tonnes for their import. Th...

ONGC board approves HPCL takeover of 51.11% stake

The board of state-owned Oil and Natural Gas Corp, ONGC, has given 'in-principle' approval to acquire government's 51(point)11 per cent stake in Hindu...

FDI jumps 37% to 10.4 billion USD during April-June 2017

Foreign direct investment, FDI, into the country grew by 37 per cent to 10(point)4 billion US Dollar during the first quarter of the current fiscal. A...

Rupee gains 8 paise against dollar in early trade today

The rupee advanced by 8 paise to 64.06 against the US dollar in early session today on increased selling of the US currency by exporters and banks.Bes...

McDonald's terminates franchise agreement for 169 food outlets in North and East India

McDonald's India Pvt. Ltd (MIPL), the Indian subsidiary of the American fast food chain on Monday terminated its franchise agreement with Connaught Pl...

Sensex slips into red, down 29 points in late morning deals

The benchmark Sensex turned choppy in late morning deals to trade marginally lower by 29.48 points at 31,495.20 and the broader Nifty was trading belo...

Rupee gains 10 paise against USD in early trade

The rupee firmed up by 10 paise to 64.05 against the US dollar in early trade today on selling of greenback by banks and exporters.Domestic equities t...

Infosys board approves up to Rs.13,000 cr buyback offer

The country's second largest software services firm Infosys today said its board has approved a share buyback offer of up to Rs 13,000 crore.The buyba...

India needs to grow at 9-10 percent to lift millions out of poverty: Amitabh Kant

Niti Aayog CEO Amitabh Kant said, India needs to grow at 9-10 per cent per annum for the next three decades for lifting millions of people out of pove...

Besieged by baseless personal attacks: Vishal Sikka on quitting Infosys

Mumbai: Vishal Sikka has put in his papers as the CEO and MD of Infosys, the company announced on Friday morning.Ending his three-year long stint as t...

Maruti launches sportier Ciaz

Maruti Suzuki India on Thursday launched its premium sedan Ciaz in a more sleek, elegant and sporty form – Ciaz S.The Ciaz S has been refreshed with a...

Govt revises up 2016-17 grain output to record 275.68 million tonnes

The government today revised upward the country's overall foodgrain production by 2.3 million tonnes to a record 275.68 million tonnes in 2016-17 crop...

First shipment of American crude oil worth USD 100m to reach India next month

The first shipment of American crude oil worth USD 100 million will reach India next month, with US President Donald Trump promising to be a reliable,...

Sensex plunges 208 points; Infosys tanks 7% as Sikka resigns

The BSE benchmark Sensex fell nearly 208 points and Infosys tanked over 7 per cent in early trade after Vishal Sikka resigned as MD and CEO with immed...

Rupee slips 2 paise against US dollar

The rupee edged lower by two paise to 64.17 against the US dollar in early trade today on sustained foreign fund outflows.Traders attributed the rupee...

CCEA approves proposal of DIPAM for strategic disinvestment

The Cabinet Committee on Economic Affairs, CCEA has approved the proposal of Department of Investment and public Asset Management, DIPAM for the strat...

RBI makes Aadhaar linkage mandatory for farmers to avail crop loans

Reserve Bank has made Aadhar linkage mandatory for farmers who wish to avail short-term crop loans in 2017-18. In a notification issued from Mumbai ye...

Infosys to consider proposal for share buyback

Infosys, India's second-biggest software services exporter, has said it will consider a proposal for buyback of its equity shares at its meeting to be...