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Infosys' stocks plunge over 8% as Sikka quits

Infosys' stocks plunge over 8% as Sikka quits

Stocks of global software major Infosys plunged over eight per cent on Friday following the resignation of Vishal Sikka as its Chief Executi
18 Aug 2017, 12:52 PM IST
Vishal Sikka resigns as Infosys CEO, MD

Vishal Sikka resigns as Infosys CEO, MD

Vishal Sikka on Friday resigned as Chief Executive Officer (CEO) and Managing Director (MD) of global software major Infosys Ltd, said the c
18 Aug 2017, 10:42 AM IST
Key Indian equity indices trade lower in early session

Key Indian equity indices trade lower in early session

The key Indian equity market indices opened in red on Friday following global cues.The 30-scrip Sensitive Index (Sensex) was trading 209.12
18 Aug 2017, 09:41 AM IST
GST Return Filing Deadline Extended For Businesses With Transitional Credit

GST Return Filing Deadline Extended For Businesses With Transitional Credit

The government on Thursday gave some relief to taxpayers availing of transitional input tax credit under the GST regime by giving them an ex
18 Aug 2017, 08:52 AM IST
How Axis Bank Can Waive Off Some Of Your Home Loan EMIs

How Axis Bank Can Waive Off Some Of Your Home Loan EMIs

Aiming to ramp up its mortgage book volumes and expecting better credit behaviour, Axis Bank on Thursday launched a home loan product that e
18 Aug 2017, 07:27 AM IST

MORE FROM Business

Gold falls on rising risk appetite as North Korea tensions ease

Gold prices fell on Tuesday as easing tensions between the United States and North Korea pushed investors to seek riskier assets such as equities.
15 Aug 2017, 04:29 PM IST

UK inflation holds steady in July as price pressures ease

British consumer price inflation unexpectedly held steady last month as fuel prices fell amid other signs that the squeeze on households' spending power may slowly be starting to l
15 Aug 2017, 04:25 PM IST

Britain asks for interim customs deal with EU, new trade deals post-Brexit

Britain has said it wants an interim customs agreement with the European Union after Brexit to allow the freest possible trade of goods, but that it will also seek the right to neg
15 Aug 2017, 03:41 PM IST

PM Modi Says GST Rollout Improves Transport Sector Efficiency By 30%

Abolition of inter-state check posts after the implementation of GST (Goods and Services Tax) has reduced time for movement of goods by 30 per cent and saved thousands of crores of
15 Aug 2017, 12:54 PM IST

PM Modi Says Rs. 1.75 Lakh Crore Under Scrutiny Post-Notes Ban

Vowing to continue the crackdown on black money, Prime Minister Narendra Modi on Tuesday said that over Rs. 1.75 lakh crore was deposited in banks post note-ban and more than 18 la
15 Aug 2017, 10:55 AM IST

Facebook Looks To Expand Its E-commerce Service In Europe

 Facebook is stepping up its modest moves into e-commerce by expanding its service for connecting local buyers and sellers into 17 new European markets, the US company said on Mon
15 Aug 2017, 08:17 AM IST

Government Considers Jaypee Assets Sale To Complete Ongoing Housing Projects: Report

The government is exploring if it was legally tenable to sell other assets of debt-ridden Jaypee Infratech to raise money to complete pending housing projects of the company, a top
15 Aug 2017, 08:11 AM IST

Tata Motors Appoints PB Balaji As Chief Financial Officer

Hindustan Unilever Chief Financial Officer P B Balaji today resigned from the company and will join Tata Motors as group CFO. Balaji (46), who was also the Executive Director (Fina
15 Aug 2017, 07:29 AM IST

Export Growth At 8-month Low In July; Trade Deficit Widens

 India's export growth slowed to eight-month low of 3.94 per cent in July, while the trade deficit widened to $11.44 billion on account of high gold imports, official data release
15 Aug 2017, 07:26 AM IST

RBI rejects lenders’ plea to extend deadline

GMR Infrastructure Ltd on Monday said that RBI has denied the extension of the deadline to lenders of GMR Rajahmundry Energy Ltd for the sale of their 55 per cent stake in a gas-ba
15 Aug 2017, 05:42 AM IST

USFDA nod for Natco’s renal disease drug 

Natco Pharma has received an approval from the US FDA to market Lanthanum Carbonate chewable tablets used in treatment of patients with end stage renal disease.
15 Aug 2017, 05:38 AM IST

Cipla Shares Surge Over 6% On Strong Q1 Earnings

Shares of drug major Cipla today rose over 6 per cent after the company reported 23.63 per cent rise in consolidated net profit for the first quarter ended June 30.
14 Aug 2017, 02:49 PM IST

India July wholesale inflation rate picks up for first time in five months

India's wholesale price inflation rate picked up in July after easing for four straight months, with food prices back on the rise.
14 Aug 2017, 01:59 PM IST

Rise in food prices pushes WPI inflation higher

An exponential rise in food prices pushed India's annual rate of inflation based on wholesale prices to 1.88 per cent in July, official data showed here on Monday.
14 Aug 2017, 01:39 PM IST

Equity indices recover from 5-week lows, global cues lift sentiments

Equity indices recover from 5-week lows, global cues lift sentiments
14 Aug 2017, 01:16 PM IST

GMR Infra incurs `137-cr consolidated loss in Q1

GMR Infrastructure Ltd has posted consolidated loss of Rs 136.60 crore for the quarter ended June 30, as against Rs 235 crore in the previous corresponding quarter. According to a
14 Aug 2017, 08:31 AM IST

India's July retail inflation seen picking up for first time in four months

 India's consumer inflation is expected to have picked up in July after easing for three straight months, with food prices back on the rise, but is expected to remain well below t
14 Aug 2017, 08:07 AM IST

Gold Imports Seen Rebounding In 2017 On Restocking, Good Monsoon

Gold imports are likely to jump by a third in 2017 to 750 tonnes on restocking by jewellers and as good monsoon rainfall is expected to boost demand in rural areas during the upcom
14 Aug 2017, 07:27 AM IST

GMR Infra incurs 137-cr consolidated loss in Q1

GMR Infrastructure Ltd has posted consolidated loss of Rs 136.60 crore for the quarter ended June 30, as against Rs 235 crore in the previous corresponding quarter. According to a
14 Aug 2017, 03:39 AM IST

18% GST on food takeaway from non-AC area at AC restaurant

A uniform GST rate of 18% will be charged on takeaways as well as food served from a non-AC area of a hotel or restaurant if any of its part has a facility of air conditioning, the
14 Aug 2017, 12:47 AM IST