Mumbai: A consortium of 23 lenders led by State Bank of India on Friday cleared the Rs 86,000-crore sale of Essar Oil to Russia's Rosneft-led group after the Ruias agreed to clear a part of the Rs 26,000-crore loans, including that of Life Insurance Corporation.
Published 23-Jun-2017 20:58 IST
Bengaluru: The 36th Annual General Meeting of troubled software major Infosys Ltd on Saturday is likely to be stormy, as retail investors brace for a showdown with its board on corporate governance and performance issues.
Published 23-Jun-2017 17:50 IST
New York: Wipro Chairman Azim Premji is among the honorees of this year's Carnegie Medal, considered the most prestigious prize in Philanthropy, for his efforts to reform India's public school system.
Published 23-Jun-2017 13:35 IST
Mumbai: The Essar group has crossed the last hurdle to complete the sale of its Gujarat refinery to Russia's Rosneft, with the lenders, including LIC, giving the go-ahead to the deal, sources said.
Published 23-Jun-2017 13:29 IST
Mumbai: The Sensex climbed 75 points to 31,365 at the start on Friday, aided by fresh domestic and foreign buying amid mixed Asian pointers.
Published 23-Jun-2017 10:39 IST
Hyderabad: Notwithstanding headwinds, Indian IT export is projected to grow by 7-8 per cent - the same rate as last year - while the domestic infotech industry is expected to expand at 10-11 per cent in 2017-18, Nasscom said in its guidance on Thursday.
Published 22-Jun-2017 14:49 IST | Updated 21:59 IST
New Delhi: Internet domain registrar and web-hosting company GoDaddy on Thursday announced the launch of its new Business Email service for small businesses in India.
Published 22-Jun-2017 13:44 IST
Washington: Infosys CEO Vishal Sikka has refuted the general impression that the Indian IT industry is overly dependent on H-1B visas for its business mode, amid the Trump administration's crackdown on firms abusing the visa system to hire foreign workers on a low wage.
Published 22-Jun-2017 12:40 IST
Mumbai: The flagship Sensex on Thursday rallied 211 points to hit an all-time high of 31,494, lapping up a series of market-friendly measures taken by the Securities and Exchange Board of India.
Published 22-Jun-2017 10:41 IST | Updated 13:08 IST
San Francisco: Global ride-hailing service Uber's embattled CEO Travis Kalanick has stepped down following a strong opposition from shareholders, media reported on Wednesday.
Published 21-Jun-2017 12:27 IST
Mumbai: The Sensex took off on a bumpy note -- in step with Asia -- by stumbling 63 points today as oil prices took a big beating on concerns of oversupply.
Published 21-Jun-2017 10:20 IST
Paris: IndiGo, India's largest and fastest growing airline, on Tuesday won the award for being the Best Low Cost Airline in Central Asia and India at the Skytrax World Airline Awards at the International Paris Air Show 2017.
Published 21-Jun-2017 07:41 IST
Mumbai: The Sensex made a retreat from record high on Tuesday to close slightly down in a choppy session as investors took to caution on perceived GST hiccups. Global shares offered a mixed picture. Power, banking and FMCG stocks saw profit taken off the table.
Published 20-Jun-2017 17:29 IST
Mumbai: The benchmark Sensex came off its early highs on Tuesday, but still traded up amid higher Asian cues.
Published 20-Jun-2017 10:25 IST | Updated 13:02 IST
Mumbai: Cheered by positive global cues and healthy buying in index heavyweights such as Tata Steel, Axis Bank and Reliance Industries, the 30-scrip Sensitive index (Sensex) of the BSE traded at new highs during the mid-afternoon trade session on Monday.
Published 19-Jun-2017 15:51 IST
Mumbai: The Sensex made a good start on Monday latching onto the progress made on the GST front by bouncing over 146 points and the NSE Nifty retook 9,600 amid a rising trend in Asia.
Published 19-Jun-2017 10:17 IST
Hyderabad: As many as 14 companies have come forward to set up their units at the Medical Devices Park which was launched at Sultanpur in Sangareddy district of Telangana near here on Saturday.
Published 17-Jun-2017 21:50 IST
Mumbai: Stocks-Key indices posted modest losses tracking weakness in global stocks and after the Federal Reserve hiked the fed-funds rate by a quarter-point to between 1 pct and 1.25 pct.
Published 17-Jun-2017 17:06 IST
Washington: US President Donald Trump announced new restrictions on US leisure travel to Cuba and US business with Cuban military, the media reported.
Published 17-Jun-2017 07:41 IST | Updated 07:42 IST
Mumbai : Amid heightened concerns over protectionism in the Western markets, TCS chairman N Chandrasekaran on Friday said "nothing has changed" for the country's largest software exporter on visas and the company continues to operate "successfully" across markets, including its largest market theMore
Published 16-Jun-2017 20:00 IST

Uber CEO Travis Kalanick steps down
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IT export likely to grow at 8%; 1.5L jobs in offing:...
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Sensex off record high on GST worries
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Sensex soars, Bank Nifty hits fresh high
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42 killed in multiple blasts and firing in 3 Pakistani cities