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After a series of privacy scandals, Facebook needs to regain users trust as it prepares to roll out a single messaging service combining Facebook messenger, WhatsApp and Instagram. (Photo: AP)

USD 5 billion US fine set for Facebook on privacy probe: report

Facebook has also faced questions about whether it improperly shared user data with business partners in violation of...

13 July 2019 10:46 AM IST

Infosys has increased its revenue growth guidance for FY20 to 8.5-10 per cent in constant currency.

Infosys to hire 18,000 people from campuses in FY20

Infosys added 906 people (net) during the June 2019 quarter.

13 July 2019 10:24 AM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

June inflation hits eight-month high but rate cut still possible

Core consumer inflation, which strips out food and fuel prices, was estimated at an annual 4.09-4.11 per cent in June.

13 July 2019 10:14 AM IST

The outperformance is mainly attributable to the record level of investments worth $11.1 billion in infrastructure and real estate.

PE/VC investments up 27 per cent in H1

In the best half yearly performance, investments worth $23.4 billion were recorded across 536 deals in H12019.

13 July 2019 2:51 AM IST

Balbir Singh Dhillon.

Audi appoints Dhillon as India head

In comparison, Mercedes-Benz closed 2018 with sales of around 15,500 units, while BMW group sold 11,105 cars.

13 July 2019 2:50 AM IST

Chennai-based TVS Motor Co on Wednesday reported 30.63 per cent jump in standalone net profit to Rs 165.61 crore for the March quarter riding on robust sales growth.

TVS launches ethanol-based Apache bike

Ethanol is domestically produced from renewable plant sources.

13 July 2019 2:47 AM IST

This means an increase of nearly 7 per cent and 33 per cent, respectively, over their March 2019 fleet.

Indian market for low cost carriers to double

For 2M FY2020 (April-May), the domestic passenger traffic growth had reported a YoY de-growth of 0.5 per cent.

13 July 2019 2:46 AM IST

Diversified ITC Ltd on Wednesday reported a 9.86 per cent increase in standalone net profit at Rs 2,932.71 crore for the fourth quarter ended March 31, 2018.

ITC to get into new FMCG goods

The segment's Ebitda at Rs 688 crore in the last fiscal year, rose by 51 per cent year-on-year.

13 July 2019 2:44 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Charts point to lack of strength in market

The BSE Sensex was down 86.88 points at 38736.23, while the Nifty50 fell 35.20 points to 11547.70.

13 July 2019 2:42 AM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Realty projects of over Rs 4L crore stuck

Developers are joining hands to complete the projects.

13 July 2019 2:40 AM IST

Infosys has increased its revenue growth guidance for FY20 to 8.5-10 per cent in constant currency.

Infosys ups revenue guidance for FY20

It had posted a net profit of Rs 3,612 crore in the April-June 2018 quarter, Infosys said in a BSE filing.

13 July 2019 1:25 AM IST

Snapdeal is estimated to have raised over USD 1.7 billion so far in multiple funding rounds.

Casio sues Snapdeal over fake goods

Snapdeal said that it will approach the court for review and modification of the order.

13 July 2019 1:22 AM IST