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Indian IT players including Infosys and Wipro have initiated performance reviews, a move that could see thousands of workers being shown the door.

FITE approaches labour commission over layoffs

Karnataka IT minister Priyank Kharge had earlier asked the affected IT employees to lodge a complaint with the labour...

18 May 2017 1:14 AM IST

India Ratings warns that the Indian banking system has a Huge amount of Unrecognised stressed Loans in their accounts .

Rs 2.6 trillion worth loans may turn into NPAs

Infra, power, telecom and realty have highest exposure.

18 May 2017 1:00 AM IST

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Paytm to start payments bank; Renu Satti to be CEO

Paytm Payments Bank Ltd (PPBL) has received the final licence from the RBI and would commence its operations on May 23.

17 May 2017 7:57 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

Govt mulling to ease FDI in print media, construction, retail

Commerce and Industry Ministry may soon approach Union Cabinet to get final approval on proposals.

17 May 2017 6:33 PM IST

Telecom Regulatory Auhtority of India

Trai to boost manufacturing of telecom and broadcasting products

Trai discussion paper pertaining to the issue is currently in the works.

17 May 2017 6:12 PM IST

Reliance Industries chairman Mukesh Ambani.

RIL stocks drag Mukesh Ambani's wealth to $30 bn

Reliance Industries replaced Tata Group firm TCS as most valued stock on BSE in April this year.

17 May 2017 5:54 PM IST

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JSW Steel Q4 profit jumps 3-fold at Rs 1,009 crore

The consolidated total income increased to Rs 17,973.06 crore, over Rs 11,815.21 crore in the corresponding quarter of...

17 May 2017 5:45 PM IST

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JSW Steel today reports three-fold increase in profit

The consolidated total income increased to Rs 17,973.06 crore, over Rs 11,815.21 crore in the corresponding quarter of...

17 May 2017 5:26 PM IST

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Tata Steel shares increases;market valuation increases

Tata Steel today endedover 8 per cent higher, adding Rs 3,531 crore to its market valuation

17 May 2017 5:12 PM IST

Shares of Allahabad Bank closed 1.96 per cent down at Rs 87.70 on BSE.

Allahabad Bank Q4 net profit at Rs 111 crore as provisions fall

Total income during the January-March quarter of 2016-17 was slightly up at Rs 5,105.07 crore.

17 May 2017 5:10 PM IST

Millions of people in rural India are deprived of the benefits of modern technology, simply because they cannot afford access to it. (Representational Image)

IT layoffs give birth to India's first union for techies

Union will safeguard interests of IT employees and subject companies to labour laws for violation of rules.

17 May 2017 4:57 PM IST

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Siemens bags contract from Vedanta for digital fleet solution

Siemens will initially provide three years of maintenance and service support to help ensurereliability and operational...

17 May 2017 4:55 PM IST