Business News | Page 135
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03 Sep 2017
LondonDigital mortgage app Habito raises £18.5 million
London-based start-up Habito, which is attempting to digitize the entire mortgage process, has recently raised £18.5 million in its Series B funding round.
03 Sep 2017
IndiaMaruti Suzuki will rebrand itself to enrich customer experience
In order to keep up with the changing taste of the modern customers, country's largest car maker Maruti Suzuki has announced that it'll rebrand its retail network across India entirely.
03 Sep 2017
Reserve Bank Of India (RBI)When will the new Rs. 200 note be available?
Reportedly, it's going to take as long as three months for the ATMs to start dispensing 200-rupee notes, which the RBI has launched a week ago.
03 Sep 2017
IndiaSEBI sees 18% fall in pending investor complaints
According to the data published in the 2016-17 Annual Report of the Securities and Exchange Board of India (SEBI), the number of investor grievances, pending with the market regulator, has declined almost 18% till March-end.
03 Sep 2017
IndiaNike India slashes 20% staff, downsizes operations
Nike has fired nearly 20% staff from its operations in India, and has asked many other employees to shift to its operations in Southeast Asia.
03 Sep 2017
IndiaRaghuram Rajan breaks silence on demonetization: 'Warned govt against it'
When former RBI governor Raghuram Rajan was in charge, speculations were rife about his rift with the Narendra Modi government.
03 Sep 2017
IndiaSamsung Galaxy Note 8: Pre-registration begins in India
Those who want their next phone to be a Samsung Galaxy Note 8 can now go to the Samsung India website and pre-register. Once it's done, you will start getting the latest updates.
03 Sep 2017
IndiaGST Update: Government waives penalty on late returns for July
Bringing much-needed relief, the Center, on the recommendations of the GST Council, has decided to not impose the fine of Rs. 200 per day on those who haven't been able to file their GST returns within the deadline. Note: This relaxation is only in place for July.
03 Sep 2017
FlipkartBad news for shoppers, hefty online discounts might just stop
With the festive season approaching, most of us are looking forward to buying things at heavily discounted rates on e-commerce sites. It has been the trend for the past few years, as this is the time when online retailers fight for the market share.
02 Sep 2017
IndiaJioPhone deliveries to start from September 21
Jio will start deliveries of its much-awaited JioPhone during the Navratri week starting September 21, a channel partner of Reliance Retail said.
02 Sep 2017
IndiaNandan Nilekani to work without salary as Infosys Chairman
According to the BSE filing by India's second largest IT firm Infosys, it will not be paying a single dime to its newly instated non-executive and non-independent chairman, Nandan Nilekani.
02 Sep 2017
AmazonUS: Amazon faces lawsuit over 'faulty' eclipse glasses
US-based Corey Payne and Kayla Harris are going after Amazon because they believe, the solar eclipse glasses, purchased on the site, were faulty.
02 Sep 2017
InfosysInfosys engaging with investors to maintain high governance norms
According to its BSE filing, Infosys is currently engaging with its shareholders to discuss what its future course of action should be so that, the "high governance standards" of the firm are maintained.
02 Sep 2017
Income Tax Department of IndiaDeadline to file I-T returns extended to 31st October
Easing the stress of many tax payers, the Finance Ministry extended the last date to file the Income Tax returns.
01 Sep 2017
IndiaSnapdeal's 3-day sale offers discounts of up to 70%
Indian e-commerce firm Snapdeal today announced a three-day long sale offering "double digit" discounts on consumer favourite categories like electronics, fashion, and home.
01 Sep 2017
Air IndiaFocus on regional connectivity pushes up airfares for bigger cities
Domestic flights between metros and big cities are set to go up a notch as the government looks to direct funding to air connectivity between smaller towns.
01 Sep 2017
IndiaAir India stake sale soon, hints Jaitley
Now that two parties have formally expressed interest in buying the national carrier Air India, FinMin Jaitley has hinted that an expeditious decision will soon be taken on its disinvestment.
01 Sep 2017
InfosysMurthy's allegations are 'false and slanderous', says former chairman Seshasayee
Responding to Infosys co-founder Narayana Murthy's allegations of lying, former chairman R Seshasayee slammed the "false and slanderous" accusations, saying he didn't understand the reason behind the persistent vendetta.
01 Sep 2017
IndiaStock trading till 7.30 pm? Bourses mull, SEBI on board
According to reports, Indian bourses are mulling on extending the stock trading hours by 2-4 hours.
01 Sep 2017
IndiaWhatsApp for Business kick-starts with BookMyShow; Ola, Oyo will follow
WhatsApp in the bid to monetize its platform had launched, what it calls, "WhatsApp for Business" for certain select organizations.
01 Sep 2017
Solar EnergySolar equipment norms made stringent to deter cheap Chinese imports
Reportedly, the center has now imposed stringent quality norms for solar equipment and components.
01 Sep 2017
IndiaPaytm looking to become a full-service bank through partnerships
Paytm's rise to prominence during the demonetization-phase fuelled its ambition to get into the banking business.
01 Sep 2017
IndiaFlipkart partners with global firms to push private labels
Indian home-grown e-commerce platform Flipkart, in a bid to push its private labels, has now decided to work closely with manufacturers in China, India and other Southeast Asian countries.
01 Sep 2017
UberUber's new CEO Dara Khosrowshahi promises big changes
It looks like Uber's new CEO Dara Khosrowshahi is shaking things up for the better.
31 Aug 2017
IndiaGDP growth in April-June quarter slides to 5.7%
As per data, the growth of Indian economy slumped to a three-year low in the April-June quarter.
31 Aug 2017
IndiaPost-GST, fewer customers having to pay service charge
Looks like the government's awareness drive on the voluntariness of paying service charge at restaurants as well as the new GST regime are producing results.
31 Aug 2017
Bharti AirtelTelcos are violating net neutrality, say content creators
Content firms have said that the demand for a revenue-sharing model by the telcos like Airtel, Telenor and Reliance Communications, was "unfair and unreasonable" and went against the foundations of net neutrality.
31 Aug 2017
IndiaInvestigation: Over 800 'firms' located at two vacant Delhi addresses
The menace of shell companies is an undeniable reality in India. Last month, PM Narendra Modi announced over 37,000 such firms have already been detected, and registrations of one lakh others have been cancelled.
31 Aug 2017
TaiwanJioPhone may get delivered in these places, first
If you have pre-booked a JioPhone, this news is going to go either way for you.
31 Aug 2017
IndiaNifty 50: How does it actually work?
Post periodic review by India Index Services and Products (IISL), the National Stock Exchange's (NSE) will move ACC, Bank of Baroda, Tata Power and Tata Motors DVR from its benchmark Nifty 50 index.
30 Aug 2017
IndiaLuxury cars/SUVs to cost more as govt okays cess hike
The Centre today approved a 10% hike in cess on luxury cars and SUVs - from 15% to 25%. This is in addition to sales tax.
30 Aug 2017
IranThe rise of Iranian-Americans in the tech industry
The appointment of long time Expedia CEO Dara Khosrowshahi as the new Uber CEO underscores a larger phenomena happening in America for some time now - the rise of Iranian-Americans in the tech industry.
30 Aug 2017
IndiaGST collection in July exceeds target, more revenue expected
As per reports, in July i.e. the first month under the Goods and Services Tax (GST) regime, the government has raked a whopping Rs. 92,283 crore as revenue, exceeding the target that it had set for itself.
30 Aug 2017
InfosysInfosys founder Narayana Murthy's mysterious whistleblower strikes again
Kickstarting a fresh chapter of controversy, Infosys founder N.R. Narayana Murthy said that a whistleblower had informed him that the former Chairman R. Seshasayee had lied to the firm's shareholders in its 33rd Annual General Meeting (AGM).
30 Aug 2017
India1,000 rupee notes will not be re-introduced, says FinMin
Since there had been disequilibrium in the market after the introduction of Rs. 2,000 notes straight after Rs. 500, the center has recently introduced the new Rs. 200 notes.
30 Aug 2017
IndiaNTPC share-sale is expected to fetch govt Rs. 13,800 crore
Following Rs. 22,500 crore OFS in Coal India in 2014-15 and Rs. 15,200 crore IPO in 2010, the government will now conduct its third-biggest disinvestment deal.
29 Aug 2017
PaytmBigBasket eyes $200 million investment from Paytm Mall, Alibaba
According to reports, online marketplace Paytm Mall and its principal investor Alibaba has extended the exclusivity period of their negotiations with online grocer BigBasket for two weeks.
29 Aug 2017
IndiaTata Nano is perfect for Bangladesh, says Nitol Niloy's chairman
Tata Nano might have fizzled out in India but it's growing strong in Bangladesh.
29 Aug 2017
IndiaFuture Group wants to expand brand presence in tier-II cities
Future Group plans on increasing the proliferation of its smaller format stores in tier II and III cities.
28 Aug 2017
IndiaDigital payments may get you 2% relief on GST
In order to promote Digital India and discourage cash payments, the center is now mulling on giving a 2% incentive over the applicable GST rate for payments made digitally on bills up to Rs. 2,000.