Business/Economy

Google CEO Sundar Pichai set to cash in $380 million

Google chief executive officer Sundar Pichai is about to have a very big week. According to a Bloomberg report, Pichai on Wednesday would be cash…

Former RBI govenor Raghuram Rajan in the race for Bank of England governor

Former RBI governor Raghuram Rajan has been named as one of the contenders for the top job of the UK’s central bank. UK Chancellor and…

NCLAT holds order on Google's plea to stay Rs 136 crore penalty by CCI

In February this year, CCI had slapped a fine of Rs 136 crore on Google for unfair business practices in the Indian market for online…

Amreli SP arrested in Bitcoin extortion case

In a major development in the Bitcoin extortion case, Amreli Superintendent of Police Jagdish Patel has been detained by the Gujarat CID-Crime for questioning for…

Cabinet approves promulgation to crack down on economic offenders

The Union Cabinet on Saturday approved a proposal to promulgate Fugitive Economic Offenders Ordinance 2018, which would empower the government to seize the domestic assets of…

TCS close to penning history, India's first company to reach $100 billion in market cap

Tata Consultancy Services (TCSNSE 6.46 %), the largest Indian IT firm hit a record high on Friday and was on the apex of becoming first…

SC grants Sahara Group time, sell property inside Aamby Valley till May 15

The Supreme Court today has granted permission to Sahara Group to sell any parcel of its property in the Aamby Valley city project in Maharashtra…

SBI Chief assures Cash Crunch Situation To Be Resolved by Friday

SBI Chairman Rajnish Kumar said today that the cash crunch problem being faced by some states will be resolved by tomorrow as currency is being…

AIMA Managing India Awards 2018 honoured Mr. Punit Goenka for `Outstanding Contribution to Media'

AIMA Managing India Awards, one of the most coveted leadership honours in the country, felicitated Mr. Punit Goenka, MD & CEO, Zee Entertainment Enterprises Ltd. (ZEEL)…

IMF Praises India For "Right Policies" To Lower Debt, Cautions China

Highlighting India's debt to GDP ratio, The International Monetary Fund or IMF has praised India for using "the right policies" to lower its level of…

Uber plans to double the investment in Indian market

Taking on the rising competition from market leader Ola, Cab aggregator Uber Wednesday said it is "doubling down" on its investment in the Indian market, pumping…

India to Improve Banks’ Ability to go After Debtors : International Monetary Fund

India have to strengthen its ability of banks to go after debtors and warned that debts negatively impact investments, International Monetary Fund (IMF) urged.

“The…

Cash Crunch: Government to increase printing of Rs 500 notes by five times

Several parts of Andhra Pradesh, Telangana, Madhya Pradesh, Bihar and poll-bound Karnataka have reported the shortage of currency and ATMs running down, the government on…

Jio Home to offer HD channels in Rs 400 Per Month: Report

After disrupting the dynamics of telecom sector in India, Jio Home TV, is set to be the telecom giant's next big project that will reportedly offer…

FM Arun Jaitley: No cash crunch in India, temporary shortage being tackled

Amidst the cash crunch reports in many states, Union Finance Minister Arun Jaitley on Tuesday took to his Twitter account to acknowledged that there is a cash…

ATMs go dry, Cash crunch is back

Life has become miserable for the majority of residents, especially traders with ATMs in the city running out of cash which reminded people of the…

Good news for PM Modi govt: India to make South Asia the fastest growing

The World Bank has observed that the Indian economy has recuperated from the negative effects of demonetisation and the Goods and Services Tax (GST) and…

Infosys rolls out mid to high single-digit salary hike,alongside special bonus pool

IT services major Infosys said it has rolled out salary hikes ranging from "mid-single digit to high-single-digit" for the majority of its employees, effective from…

Reliance Jio raises Rs 3250 crore for Capex plans from Japan banks

Telecom operator Reliance Jio has signed an agreement to mobilize JPY 53.5 billion or INR 3,250 crore as samurai term loan with 7-year bullet maturity…

AIBEA opposes demands for privatisation of PSBs

All India Bank Employees' Association (AIBEA) banks have made a strong pitch for nationalization of private sector lenders amid allegation of corporate governance lapses and…