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Updated: 9 min 43 sec ago

Infosys draws flak over delay on whistleblower's complaint

28 min 44 sec ago
Chairman Nandan Nilekani's statement said that a board member received two anonymous complaints on September 30, which were placed before the audit committee on October 10 and before the non-executive members of the Board on October 11.
Categories: India News

Department of Telecom prepares Rs 74,000 cr revival plan for BSNL, MTNL

5 hours 9 min ago
Department of Telecom (DoT) move comes following the appointment of a high-level committee to look into the revival of MTNL and BSNL, said, an official source.
Categories: India News

Uber partners with Delhi Metro to launch seamless transport service in capital

6 hours 27 min ago
Under the 'Uber Transit' service, when riders enter a destination, they will see ‘Public Transport’ as an option alongside ‘UberGO’, ‘Premier’ and ‘UberPool.’
Categories: India News

Sensex loses 334 points, Nifty 73 as IT, tech, telecom stocks bleed

6 hours 35 min ago
The BSE Sensex plunged 334 points to close at 38,963 while the 50-stock Nifty lost 73 points to finish the day at 11,588.
Categories: India News

Equity gauges in the red, Infosys plunges by 13 pc after whistleblower complaint

11 hours 44 min ago
Equity indices were in the red during early hours on Tuesday amid mixed global cues but software major Infosys plunged by nearly 13 per cent after a whistleblower complaint accused senior company officials of indulging in unethical practices. At 10:15 am, the BSE S&P Sensex was down by 77 points at 39,222 while the Nifty 50 edged lower higher by 1 point to 11,660.
Categories: India News

Talks with govt fail, bank unions call 24-hour strike today against merger

Mon, 10/21/2019 - 10:44pm
Besides several central trade unions, the All India Bank Officers' Association (AIBOA) has also extended support to the strike. AIBOA has clearly asked its members to not join work today.  
Categories: India News

BSNL revival plan expected in a month: Chairman Pravin Kumar Purwar

Mon, 10/21/2019 - 12:32pm
Chairman and MD P.K. Purwar said, "Telecom sector is also going through a challenging phase which all operators are finding very challenging financially because of the very competitive tariff. BSNL has legacy issues as well, particularly the large manpower base which we are addressing through a revival package."
Categories: India News

Reliance Jio launches new plans with simple pricing, uniform data

Mon, 10/21/2019 - 8:30am
The new plans offer ample data and call benefits with various validity periods. The plans are valued at Rs 222, Rs 333 and Rs 444.
Categories: India News

Banking operations to be hit on Tuesday as bank employees call for strike

Mon, 10/21/2019 - 8:17am
According to AIBEA General Secretary, members of AIBEA and BEFI (Bank Employees Federation of India) will be on strike on Tuesday across the country. Other unions in the industry are extending their support for the strike.
Categories: India News

Equity market closed on Monday due to Maharashtra assembly election

Mon, 10/21/2019 - 2:43am
Equity market was closed on Monday on account of assembly elections in Maharashtra. Currency, commodity and debt markets also remained shut.
Categories: India News

Diwali offer: Reliance Jio launches phone starting from Rs 699

Sun, 10/20/2019 - 7:43am
The new feature with the tagline 'Gift your loved ones a digital life this Diwali' needs the buyer to follow three simple steps to gift a phone to their loved ones.
Categories: India News

Rise in interest rates dependent on growth of India, China: Finance Minister Nirmala Sitharaman

Sun, 10/20/2019 - 12:56am
Talking about the IMF and WB meetings, Union Finance Minister Nirmala Sitharaman said the discussions were mostly focused on the economic slowdown.
Categories: India News

Nirmala Sitharaman calls for 'concerted action' against economic slowdown at IMF

Sat, 10/19/2019 - 5:22am
Union Finance Minister Nirmala Sitharaman on Friday gave a clarion call for ‘concerted action’ to mitigate the disruption on account of synchronous slowdown and to invoke the spirit of multilateralism for global growth during an annual meeting plenary session of the International Monetary Fund (IMF) and the World Bank Group held in US.
Categories: India News

Reliance Industries reports 18.3% increase in net profit

Fri, 10/18/2019 - 10:46am
Reliance Industries (RIL) on Friday reported an 18.34 per cent rise in its consolidated net profit for the quarter ended September at Rs 11,262 crore, on the back of strong performance in its oil to chemical business.
Categories: India News

Sensex ends higher; Reliance Industries touches record high

Fri, 10/18/2019 - 7:07am
Shares closed higher on Friday, led by gains in metal and state-owned banks while country's most valuable company, Reliance Industries Ltd, jumped to a record high during the session ahead of its September-quarter results announcement.
Categories: India News

ZEEL declares Q2FY20 results, registers consolidated revenue of Rs 21,220 million

Fri, 10/18/2019 - 3:21am
For the second quarter of FY20, ZEEL reported consolidated revenue of Rs. 21,220 million. Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) was Rs.6,929 million with an EBITDA margin of 32.7%. PAT for the quarter was Rs. 4,132 million.
Categories: India News

RIL creates new benchmark, becomes first company to hit Rs 9 lakh crore in market cap

Fri, 10/18/2019 - 3:02am
RIL was also the first company to reach Rs 8 lakh crore mark in August last year.  
Categories: India News

Equities indices in the green amid mixed global cues, BHEL surges by 23 pc

Fri, 10/18/2019 - 1:29am
While a new draft Brexit deal was agreed upon between Britain and the EU, China`s economic growth slowed more than expected to 6 per cent year-on-year in the third quarter of 2019, marking the weakest pace in nearly three decades.
Categories: India News

Govt handling economy well, crisis began when Manmohan Singh was PM and Raghuram Rajan RBI governor: FM Nirmala Sithraman

Fri, 10/18/2019 - 12:42am
FM Sitharaman further said, ''We do have a listening government which responds to the affected sectors.''
Categories: India News

India, China ripping us off, we don't consider them as developing nations: Donald Trump

Thu, 10/17/2019 - 10:58pm
The statement from Trump comes at a time when the US and China are currently engaged in a bruising trade war after the Trump Administration imposed punitive tariffs on Chinese goods and Beijing retaliated.
Categories: India News