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BusinessToday.In
New Delhi, September 20, 2018
Air India is just about managing to stay afloat on the Rs 30,000 crore bailout package extended by the previous UPA regime in 2012 for a decade.


BusinessToday.In
New Delhi, September 19, 2018
This is the first capital infusion by the Walmart-backed e-commerce giant ever since the US-based retail behemoth acquired a majority stake in the company.


BusinessToday.In
September 18, 2018
Infosys had agreed to pay Bansal a severance package of Rs 17.38 crore or 24 months of salary, but the company suspended payments after co-founder NR Narayana Murthy and former board member Mohandas Pai objected to the move and termed it 'excessive'.


PTI
September 16, 2018
At the emergency meeting, IL&FS's largest shareholder, LIC, which holds 25.34 per cent, is believed to have agreed to subscribe to the forthcoming rights issue and extend some immediate working capital loan.


BusinessToday.In
New Delhi, September 13, 2018
Office space is in heavy demand in BKC, which has emerged as the city's financial centre in the past few years, taking over from Nariman Point. So, the sale of the corporate headquarters is expected to fetch Rs 1,300-1,500 crore. 


PTI
September 8, 2018
Alibaba co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told the New York Times in an interview.


BusinessToday.In
September 7, 2018
One97 Communications on Friday announced its partnership with financial services major Visa to enable credit card payments across banks via the Paytm app.


BusinessToday.In
New Delhi, September 5, 2018
India is surely a dream place for any senior-level executive eyeing for the top job in the thriving tech sector. But that's not true in case of Facebook and WhatsApp as no one seems to be interested in leading the country that provides the social media giant maximum number of users in the world.


BusinessToday.in
New Delhi, September 3, 2018
Wipro wins biggest ever contract, over $1.5 billionIndian software services exporter Wipro Ltd has won its biggest-ever contract worth more than $1.5 billion with U.S.-based Alight Solutions LLC for digital services as reported by Reuters. Wipro would earn $1.5-1.6 billion in revenues over the tenure of the deal, which will include services in health, human resources and finance.The deal is expected to be completed in the quarter ending September.  Income Tax dept to wait til...


PTI
September 2, 2018
As per the provisions of the I-T law, Walmart has to deduct withholding tax on payments made to sellers and deposit it with the Indian authorities on the seventh day of the subsequent month, which falls on September 7.


BusinessToday.In
New Delhi, August 29, 2018
This deal has also raised eyebrows since Buffett had long refused to invest in the tech space saying that it was too difficult to predict which tech businesses will prosper in the long run.


BusinessToday.In
August 28, 2018
Digital payments in India is now poised for a great leap forward as global tech giants slug it out for a bigger slice of the pie.


BusinessToday.In
August 27, 2018
Warren Buffett's Berkshire Hathaway is in talks to invest about Rs 2,000-2,500 crore in Paytm parent One97 Communications - possibly the first direct investment in India by the legendary investor.


BusinessToday.In
New Delhi, August 22, 2018
Flood hit Kerala seeks hike in borrowing limit to 4.5% to raise Rs 10,500 croreBattling its worst flood in nearly a century, Kerala is planning to raise an additional Rs 10,500 crore debt for rehabilitation and rebuilding. To achieve this, the Chief Minister Pinarayi Vijayan today said that his government will ask Centre to raise the ceiling on borrowing for the state to 4.5 per cent of the GDP. The borrowing limit is currently capped at 3 per cent. GSK seeks mid-September bi...


Naveen Kumar and Renu Yadav
New Delhi, August 20, 2018
Digitisation has reached a level where you can manage your entire financial world with clicks and taps. Here is what all you can do and how you can manage personal finance digitally.


Dipak Mondal
New Delhi, August 20, 2018
With recent frauds shaking investors' trust in corporate governance standards, we look at role, limitations and accountability of independent directors who are custodians of these standards.


Aarti Dua
New Delhi, August 20, 2018
Agritech companies are revamping the farm-to-fork supply chain. The big gainers are farmers.


Reuters
August 18, 2018
Technology executives and trade groups have discussed approaching Prime Minister Narendra Modi's office to appraise him of their worries. Separately, the industry is considering pitching the issue as a trade concern, including at the India-US talks in September in New Delhi.


BusinessToday.in
New Delhi, August 16, 2018
Cosmos Bank ATM hack: NPCI says cyber fraud due to malware attack on bank's IT systemA day after Pune-based Cosmos Bank said it was hit by a cyber attack in which miscreants allegedly hacked the server and transferred over Rs 94 crore to overseas accounts, the National Payments Corporation of India (NPCI) claimed that its systems are \"fully secure\" and the cyber fraud happened due to a malware-based attack on the lender's IT system. Hackers managed to siphon off over Rs 90 crore...


BusinessToday.In
New Delhi, August 9, 2018
IMF sees Indian economy as an elephant that is starting to runThe International Monetary Fund (IMF) believes the $2.6 trillion economy is an elephant that is starting to run.What's more, its latest report on India not only reaffirms that the country is \"again one of the world's fastest-growing economies\" - accounting for about 15 percent of global growth - but also that India it could be what China previously was for the world economy.The report's favourable medium-term outlook re...


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