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BusinessToday.In
New Delhi, December 11, 2019
Paytm founder Vijay Shekhar Sharma steps down as Paytm Financial Services directorPaytm founder Vijay Shekhar Sharma has resigned as the Director of Paytm Financial Services in wake of Reserve Bank of India's regulation that prohibits a payments bank chairman to also hold a directorial position in an NBFC (non-banking finance company) unless it's a subsidiary of the bank. While Sharma in his resignation letter cited \"other preoccupations\" as reasons for his inability to continue...


BusinessToday.In
December 11, 2019
Share Market Today: Sensex ended 172 points higher at 40,412 and Nifty rose 53 points to 11,910.


Sonal Khetarpal
New Delhi, December 10, 2019
\"India is seeing a rise in digital transactions, and therefore industries are ramping up investments in Blockchain,\" says Ruchee Anand of LinkedIn


BusinessToday.In
New Delhi, December 10, 2019
Public sector banks turn profitable in Apr-Sept; post Rs 3,221 crore of aggregate profitMinister of State for Finance Anurag Singh Thakur told Lok Sabha that public sector banks have returned to profitability, posting an aggregate profit of Rs 3,221 crore in the first half ending September. State-run lenders made aggregate provisions for NPAs and other contingencies of Rs 2.40 lakh crore and Rs 2.35 lakh crore in FY2018 and FY2019, respectively, he said in a written reply. As per ...


Reuters
December 9, 2019
Thousands of workers have already protested the privatisation of BPCL, fearing job losses, as India plans to invite international energy firms to participate in the privatisations


BusinessToday.In
New Delhi, December 9, 2019
Jaguar Land Rover (JLR) posted fifth straight month of double-digit sales growth of 29 per cent in China. North America sales also grew by 4.9 per cent during the month under review, achieving best ever November sales levels


BusinessToday.In
New Delhi, December 9, 2019
EPFO update: The bill also states that fixed-term contract workers would be eligible for gratuity on a pro rata basis. Currently employees who have completed five years in the organisation are only eligible for gratuity


BusinessToday.In
December 9, 2019
The LGBTQ+ employees will also be eligible to receive financial aid for gender-reassignment surgery and 30-day special leave regarding the same


BusinessToday.In
New Delhi, December 8, 2019
India's GDP growth rate slowed down to 4.5 per cent in the July-September quarter of this fiscal; matters have worsened since the June quarter when GDP growth slowed to 5 per cent, lowest in six years and a quarter


Prasanna Mohanty
New Delhi, December 4, 2019
All the key economic indicators have been on a downward swing for quite some time. If this slide is not checked India may slip into recession sooner than later. In this first part of a two-part series, the article looks at what the major economic indicators are telling about the state of Indian economy


Mudit Kapoor
New Delhi, December 4, 2019
Railways posted the worst-ever operating ratio of 98.4% in 2017-18. The best-ever operating ratio was 74.7% in 1963-64


BusinessToday.In
New Delhi, December 3, 2019
Chandrayaan 2: NASA finds ISRO's Vikram lander on Moon, releases images of debrisA NASA satellite has finally found ISRO's Vikram lander over two months after it crash-landed on Moon's surface. \"The Chandrayaan 2 Vikram lander has been found by our @NASAMoon mission, the Lunar Reconnaissance Orbiter,\" confirmed the US space agency. The images released by NASA show the Vikram lander impact point and associated debris field. \"Green dots indicate spacecraft debris. Blue dots locat...


PTI
New Delhi, December 2, 2019
Nirmala Sitharaman said that the government's decision was also necessary to attract investment from multi-national companies, which are wanting to shift operations from China in view of ongoing Sino-US trade war


PB Jayakumar
December 2, 2019
Key focus areas of the new state government in their common minimum programme are farmers' issues, unemployment, health, industry, social justice, women, education


Reuters
December 2, 2019
PMI data also showed a lack of inflationary pressures in Nov, which should support expectations for the RBI to cut its repo rate for the sixth time in a row at its December 3-5 meeting


Prasanna Mohanty
November 29, 2019
Trade unions have raised several serious objections in the bill: from discretionary power of the executive to raising the threshold for lay-offs to making it virtually impossible to strike legally, restricting outsiders in the unorganised sector and extending fix term employment to the entire industry


BusinessToday.In
New Delhi, November 28, 2019
The industry leader HUL has expended its reach for summer internship hiring to top 21 B-schools from top 14 earlier. Marico, which generally hires talents from Tier-1 B schools, has increased its outreach to IITs and top graduate colleges this year


BusinessToday.In
New Delhi, November 27, 2019
The biggest central government employer Indian Railways had 2,59,369 job vacancies, Defence had 1,87,054 vacancies and Home Affairs had 72,365 vacancies, according to the data


Anand Adhikari
New Delhi, November 27, 2019
High level of slippages is making the Reserve Bank of India jittery. RBI Governor Shaktikanta Das had earlier advised banks to be cautious and prudent in lending to small borrowers


Reuters
Hamburg/Munich, November 27, 2019
Audi would also create up to 2,000 new positions in the areas of electric mobility and digitalisation


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