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Stocks of IT companies saw selling as the rupee continued to strengthen, which dragged down the Sensex.

Sensex rebound 417 points for the week, Nifty above 10,250

Sensex started the week higher at 33,968.02 and hovered between 33,285.68 and 32,565.16 before ending the week at...

9 Dec 2017 1:13 PM IST

Former Infosys Chief Financial Officer V Balakrishnan.

Former Infosys CFO demands discontinuance of certain board

Earlier, Murthy had accused Infosys and its board of failing in disclosure and corporate governance norms.

9 Dec 2017 12:52 PM IST

The state consumer commission had held Jet Airways responsible for causing losses to a passenger.

Jet Airways to induct 25 narrow-body planes

Mumbai-based full-service carrier currently has 18 wide-body or twin-aisle planes.

9 Dec 2017 12:19 PM IST

Earlier in the day, Unitech suffered a jolt when its 10 directors were suspended by the tribunal.

Management interference detrimental to stakeholders: Unitech

NCLT ordered suspension of its eight directors and allowed the government to appoint nominees.

9 Dec 2017 12:13 PM IST

The administration may also raise salaries paid to H1-B visa holders, a move that could significantly increase costs for IT companies that are already facing pressure on margins. (Representational image)

Software service export grew 10.3 per cent in 2016-17: RBI

Export of software services excluding the one through commercial presence was USD 88 billion in 2015-16.

9 Dec 2017 11:59 AM IST

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

Law review panel to take final call on GST suggestions: Finance...

The next meeting of the Law Review Committee is due on Wednesday and Thursday.

9 Dec 2017 11:52 AM IST

Pilot of Air India Jaipur-Delhi flight refused to fly due to duty limitations prescribed by the DGCA. (Photo: File)

Air India to launch Bengaluru-Hubballi services from Dec 12

New flight will give a boost to tourism and also fulfill a long standing demand of travellers.

9 Dec 2017 11:43 AM IST

Stock of Axis Bank closed 2.56 per cent down at Rs 444.60 on BSE.

Axis Bank gets shareholder nod to raise Rs 11,626 crore

Axis Bank will mop up Rs 9,063 crore through share sale and Rs 2,563 crore from sale of warrants.

9 Dec 2017 11:37 AM IST

Steel Minister Chaudhary Birender Singh

JV between SAIL, ArcelorMittal soon: Steel Minister

Proposed auto-grade steel plant, with a capacity of 1.5 MT per annum, which can be scaled up to 2.5 MT.

9 Dec 2017 11:27 AM IST

The bank said the new MCLR rate will take effect from December 11. (Photo: PTI)

OBC cuts MCLR by 0.05 per cent for select tenors

MCLR for overnight, and six-month lending have been kept unchanged at 8.10 per cent and 8.30 per cent.

9 Dec 2017 11:19 AM IST

Deputy Chief Minister of Bihar Sushil Kumar Modi on Saturday not only blamed rats for causing the devastating floods in the state, but also held the Congress party and Lalu Prasad Yadavs government responsible for the same. (Photo: PTI)

Bihar FM says revenue must stabilise before relook at GST

Bharat Chamber president Sitaram Sharma said there are still a lot of network and credit-related issues that need to be...

9 Dec 2017 1:36 AM IST

IT bellwether TCS, private sector lender HDFC Bank and oil and gas major Reli-ance Industries Ltd (RIL) are the biggest wealth creators on the domestic bourses over the last five years.

TCS surpasses RIL in wealth creation

RIL has muscled its way to third position after not featuring in the wealth creators list in the previous study.

9 Dec 2017 12:33 AM IST