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Cab aggregator Ola on Tuesday announced the acquisition of end-to-end public transport ticketing and commuting app, Ridlr.

Ola acquires Ridlr; to digitise public transportation

Combining Ridlr's innovations in mass transit with Ola's mobility products will enable true multi-modal mobility...

3 April 2018 3:28 PM IST

India has the potential to innovate on the lines of Silicon Valley but it needs to do more for expanding the innovation ecosystem as it aspires to become a middle income country, World Bank India head Junaid Kamal Ahmad said today.

India can do a Silicon Valley in 5 years: World Bank

In developing countries, the concept of national innovation system must be expanded.

3 April 2018 3:25 PM IST

At present, there is a 10 per cent import duty on gold. (Photo: PTI)

Gold gains Rs 150 on global cues, jewellers' buying

Gold is trading at Rs 31,610 per 10 gram at bullion amid increased buying by local jewellers.

3 April 2018 2:22 PM IST

The Directorate General of Safeguards (DGS) has slapped a profiteering notice on Jubilant FoodWorks for allegedly not passing on GST rate cut benefit to consumers at its Dominos Pizza outlets.

DGS notice to Jubilant FoodWorks on Dominos pizza pricing

DGS has slapped a profiteering notice on Jubilant FoodWorks.

3 April 2018 2:14 PM IST

MobiKwik, on Tuesday announced its partnership with Microsoft for powering digital payment services.

MobiKwik, Microsoft team up to enable digital payments services

The ease of using Microsoft Kaizala, even in areas with limited internet connectivity, is the biggest benefit.

3 April 2018 2:03 PM IST

Bank stocks on Tuesday gained up to 5 per cent.

Bank stocks climb up to 5 per cent on RBI move

The move is expected to optically cushion profitability in the near term.

3 April 2018 1:51 PM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

RBI drops Axis Bank from list of bullion importers

It was unclear why Axis, one of India's leading importers of bullion, did not feature in the list.

3 April 2018 12:57 PM IST

October manufacturing PMI data comes in sharp contrast to the robust show by India on World Banks Ease of Doing Business ranking.

Manufacturing sector growth falls to 5 month low in Mar: PMI

IHS Markit marginally downgraded its real GDP forecast to 7.3 per cent for fiscal year 2017-2018.

3 April 2018 12:46 PM IST

Twenty-one banks, majority owned by New Delhi, account for more than two-thirds of the banking assets in Asias third-biggest economy.

Govt pushes state banks to find own funding sources

Including restructured or rolled over loans, all banks in India had a total 9.5 trillion rupees of soured loans.

3 April 2018 12:43 PM IST

Five Indian women led by ICICI Bank CEO and MD Chanda Kochhar and including Bollywood star Priyanka Chopra, have featured on the list of the worlds 100 most powerful women compiled by Forbes. (Photo: PTI)

ICICI borrowers advised on foreign loans by Chanda Kochhar's...

Avista was also involved in 2 transactions with Videocon Industries for reorganization and refinancing of FCCBs of $194...

3 April 2018 12:34 PM IST

Telecom infrastructure firm American Tower Corporation (ATC) today announced that it has completed mobile tower purchase deal worth Rs 3,800 crore with Vodafone India through its Indian arm.

ATC completes Rs 3,800-crore mobile tower deal with Vodafone

This is a previously announced acquisition of Vodafone India's telecom site business.

3 April 2018 12:33 PM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

Cryptocurrency arbitrage boom fizzles in Asia, but profits persist

The boom has eaten away the spreads and shown how fast the galloping cryptocurrency markets can change course.

3 April 2018 12:22 PM IST