Business Today

There's no hard evidence against Binny Bansal, so why did Walmart let him go?

After M&A, it is the founder leaders that help the new company ease into the new business and geography. But in a peculiar event Flipkart's CEO Binny Bansal stepped down following Walmart's investigation into an allegation of "serious personal misconduct".

Bad news for IIMs in Udaipur, Ranchi, Raipur! Govt refuses to offer additional funding

All these new IIMs, excluding IIM-Ranchi that is in initial stages of construction, are in the last leg of their construction. Addition funding have boosted this work, but now they are in a fix.

Govt plans to sell shares worth $2 billion in ONGC, OIL, IOC

The proposal envisages selling about 5% equity stake in ONGC, 3% in IOCL and 10% in OIL. 

Govt says there's proposal to pay employers for extended maternity benefit from budget

The Ministry of Labour and Employment is in the process of obtaining necessary budgetary grant and approvals of competent authorities, says the govt.

Currency in circulation shot up by Rs 50,000 cr during Diwali as Indians withdrew more cash

There was an increase of Rs 49,418 crore in the currency in the circulation to Rs 20.2-lakh crore during the Diwali week.

 
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