Business News | Page 169
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25 Oct 2016India
E-tailers eyeing offline stores across smaller towns
India's e-tailers are considering launching their offline stores across small cities in the country.
24 Oct 2016Business
Ratan Tata to step back in as Tata Group Chairman
Tata Sons Board has removed Cyrus P. Mistry as its Chairman and Ratan Tata has been named as the interim Chairman; he will be stepping back at the helm for four months.
24 Oct 2016Central Bureau Of Investigation (CBI)
SEBI investigates unfair access to stock-exchange's trading-systems
The Securities and Exchange Board of India (SEBI) will initiate a fresh probe into allegations of brokers unfairly accessing algorithmic trading (AT) servers of the National Stock Exchange.
24 Oct 2016India
HCL banks big on acquisitions
India's IT giant HCL Technologies is reportedly eyeing massive acquisitions to drive the company's growth.
24 Oct 2016India
India's sixth tranche of gold bond scheme opens
Starting today, the Government of India, along with the Reserve Bank of India launched its sixth tranche of the gold scheme.
23 Oct 2016India
Patanjali to start textile business: Baba Ramdev
At the inaugural session of the global investors meet in Indore, Baba Ramdev stated that Patanjali Ayurved would begin manufacturing textiles soon.
23 Oct 2016DC Comics
AT&T acquires media giant Time Warner for $86 billion
American telecom company AT&T has acquired media behemoth Time Warner for nearly $86 billion.
23 Oct 2016Reserve Bank Of India (RBI)
RBI to issue debit card security guidelines
The Reserve Bank of India is set to issue a set of stringent security guidelines for the use of debit cards.
22 Oct 2016Reliance Industries
Kumar Birla appointed as IIM-A Chairman
The HRD Ministry has appointed Aditya Birla Group Chairman, Kumar Mangalam Birla, as the new Chairman of the Board of Governors of the Indian Institute of Management, Ahmedabad.
22 Oct 2016iPhone
Apple products on Amazon labelled as 'genuine' actually fake
Apple has said that many of its products currently being sold on Amazon may in fact be fake.
22 Oct 2016Japan
SoftBank looking to fund tech-focused ventures
Japan's SoftBank Group, in partnership with Saudi Arabia's public investment fund, recently announced a global technology fund of $100 billion.
22 Oct 2016India
Flipkart looks to launch offline stores across India
Indian e-commerce platform Flipkart is eyeing further expansion by launching offline stores across the country.
Reliance Jio's free call offer gets clean chit from TRAI
In a letter addressed to telecom companies in India, the Telecom Regulatory Authority of India clarified that Reliance Jio's free call offers were not discriminatory or non-compliant.
Essar-Rosneft deal unlikely to attract capital gains tax
Senior officials from the Income Tax department said that the Essar-Rosneft deal is unlikely to attract capital gains tax due to bilateral treaty with Mauritius.
Air India looks to woo travelers with Wi-Fi on board
Indian airline carrier Air India is eyeing better services on air to gain travelers, and help boost its revenues.
21 Oct 2016Facebook
Facebook's Marketplace to disrupt India's classifieds market?
With Facebook recently adding a new popular feature, Marketplace, for enabling users to buy and sell items, many experts predicts that it will be a boon to India's classified market.
21 Oct 2016Reserve Bank Of India (RBI)
Finance Ministry reassures that 99.5% debit cards safe
The Finance Ministry has reassured the public that 99.5% of debit cards are safe and only a few were compromised in the recent security breach.
21 Oct 2016Saudi Arabia
Saudi Arabia raises $17.5 billion through first bond issue
Saudi Arabia raised a massive $17.5 billion in one of the largest bond sales clocked for an emerging country.
21 Oct 2016Securities and Exchange Board of India
SEBI to review proposed algorithmic trading regulations
The Securities and Exchange Board of India (SEBI) would reportedly begin a second consultation round with market players on algorithmic trading regulations and drop some of its previous proposals.
20 Oct 2016Business
SC asks Unitech to refund Rs.16.5 crore to buyers
Cracking down on delayed real estate projects, the SC asked Unitech to refund Rs.16.5 crore to 39 buyers of properties in Unitech's Vista project in Gurgaon.
20 Oct 2016Reserve Bank Of India (RBI)
Over 3.2 million debit cards face security breach
In one of the biggest financial security breaches in India, nearly 3.2 million debit cards' information and details were compromised, according to reports.
20 Oct 2016India
India's employment dwindling by 550 jobs per day
The data released by Labour Bureau early 2016 painted a scary picture of Indian employment.
20 Oct 2016India
Infosys's appointment of DN Prahlad sees shareholders uneasy
After Infosys appointed DN Prahlad, a former employee and a relative of N.R. Narayana Murthy to the company's board, many shareholders have not responded well to the appointment.
Billiards champion Michael Ferreira arrested in QNet scam
Former Billiards champion and Padma Bhushan awardee Michael Ferreira, along with three other directors of QNest India, was arrested in connection to the multi crore QNet scam.
Furniture rental start-up Furlenco raises $30 million
Furlenco has raised fresh funds amounting to nearly $30 million, which includes both debt and equity.
19 Oct 2016Mumbai
RBI looks to tackle growth over inflation
In its first monetary policy meeting, the RBI said that all of the monetary policy committee's members had voted in favour of the repo rate cut that was announced earlier this month.
Ibibo and MakeMyTrip to merge
Online-focused travel groups MakeMyTrip and Ibibo announced their merger plans.
GST council makes progress on Day 1
On the first day of their 3-day meeting, the GST council made considerable headway in aspects such a finalizing the tax rate and the compensation formula.
19 Oct 2016NITI Aayog
Centre may clear stakes in 20 PSUs
On Wednesday, the cabinet will expectantly move forward with their plan to cut majority stakes in 20 Public Sector Undertakings.
18 Oct 2016Facebook
Meet Musical.ly, an app that is taking USA by storm
Founded in Shanghai in 2014 as a platform to create, share and discover short music videos, Musical.ly has grown in popularity, particularly in the US, and has over 100 million users today.
18 Oct 2016India
Future Group's Kishore Biyani to focus on private labels
India's consumer and retails giant Future Group's head, Kishore Biyani, is all set to launch newer private labels to help boost the company's revenue over the coming years.
18 Oct 2016Indian Premier League (IPL)
Reliance Jio, Amazon, Facebook vying for IPL digital rights
On the heels of Reliance Jio which purchased documents for digital broadcast rights for the IPL on 8 October, it has emerged that Facebook has also purchased the documents.
18 Oct 2016Maharashtra
Maharashtra's agricultural sector undergoing vast changes
Maharashtra's agricultural sector is witnessing robust changes, after the popular farmer-to-consumer markets and agricultural reforms were effected.
18 Oct 2016India
Rosneft-Essar Oil deal: Do shareholders stand to benefit?
After inking one of the biggest FDI deals India has seen, Rosneft's acquisition of Essar Oil will see nearly 98% being taken over by Rosneft and its partners.
17 Oct 2016India
Investors decry RCom's plans
RCom's recent disclosure of a non binding term sheet with Brookfield Infrastructure for RCom's tower assets has drawn flak from investors.
17 Oct 2016Business
SEBI appoints panel to resolve NSEL fiasco
The Security and Exchange Bureau of India has appointed a three member panel to deliver a verdict on the probe into the 2013 NSEL scam.
17 Oct 2016Samsung
Apple, Samsung patent battle reaches US Supreme Court
The Supreme Court heard arguments in the Samsung-Apple patent infringement case over alleged design and utility patent violations by Samsung in the Galaxy S phone.
17 Oct 2016India
FirstCry acquires Mahindra's BabyOye for Rs.362.1 crore
Online baby care portal FirstCry acquired Mahindra Group's e-commerce website for kids' products, BabyOye.
16 Oct 2016Japan
SoftBank putting together a mammoth tech investment fund
Japan's SoftBank Group announced setting-up of a fund to invest as much as $100 billion in technology focused ventures, over the next five years.
16 Oct 2016India
Reliance Communications sells its tower business
Reliance Communications (RCom) has agreed to sell a majority stake in its mobile phone tower business.