Home » Business

Business - Page 280

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Rupee slips 9 paise against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 71.01 then fell to 71.03 against the US dollar.

23 Oct 2019 10:11 AM IST

Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50.

Market starts on a tepid note amid weak global cues

The 30-share index was trading flat at 38,963.28, and the broader NSE Nifty slipped 3.40 points, or 0.02 per cent, to...

23 Oct 2019 10:08 AM IST

Analysts hold a positive view on banks that are getting out of the corporate NPL cycle as compared to banks that focused more on the retail cycle in the past few years.

Some 300,000 employees of Indian state-led banks strike against...

Government may call it a merger but in reality it is cold-blooded murder of six banks, a release by the bank unions...

23 Oct 2019 9:05 AM IST

Youngsters these days are following the trend of switching jobs often.

Hiring intentions for IT skills at 3-year low

Survey finds that 52% companies has no plans to hire IT professionals for next six months.

23 Oct 2019 2:55 AM IST

Mahindra & Mahindra, Indias biggest utility vehicle maker, on Thursday rolled out a subscription-based service for retail buyers of its personal range of cars to boost sales ahead of festive season and amid worst slowing demand.

Mahindra opens all-women workshop

Run by a team of nine women, the facility, called Compact Qwik (CQ) outlet, is a Mahindra authorised two-bay workshop.

23 Oct 2019 2:52 AM IST

Thomas Cook India in talks for buying out brand

The Indian entity was acquired by Fairfax Financial Holdings in 2012 and since then it has remained independent.

23 Oct 2019 2:49 AM IST

Bajaj Finance shares touched a high of 3,314.95 in intra-day trade and finally closed with a gain of 6.09 per cent at Rs 3,301.20.

Bajaj Fin net up 63 per cent to Rs 1,506 cr

The Pune-headquartered non-banking finance company had posted a net profit of Rs 923 crore in the same quarter of the...

23 Oct 2019 2:47 AM IST

Mr Sikka was something of a poster boy for IT when he joined Infosys after 12 years with the Germany-based global leader in enterprise software SAP.

Infosys shares tank as Nilekani pledges probe

Infosys in a statement to the stock exchanges said that its audit committee was examining the allegations, in line with...

23 Oct 2019 2:47 AM 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.

Axis Bank posts Rs 112-crore net loss

The bank's operating profit grew 45 per cent YoY to Rs 5,952 crore from Rs 4,094 crore in Q2FY19.

23 Oct 2019 2:45 AM IST

Also, the S-Pressos interior feels airy and thats not something you can say about the cabins of most budget cars.

Wake up and ride the S-Presso

At the rear, the tail-lamps are C-shaped and the faux aluminium skid plates for the front and rear make its SUV styling...

23 Oct 2019 1:53 AM IST

The UIDAI has restored Bharti Airtels authorisation to conduct Aadhaar-based verification of its mobile subscribers.

Airtel tops in 4G download speed, Idea in uploading: Report

The report found that Jio's 4G services are available to users 97.8 per cent of the time, Airtel stood second with 89.2...

22 Oct 2019 6:28 PM IST

Infosys CEO Salil Parekh

Amid row over CEO; Infosys shares crash, investors lose Rs 53,000

India's second largest IT services company Infosys was the biggest loser in the Sensex pack, plummeting 16.21 per cent.

22 Oct 2019 5:43 PM IST