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Axis Bank launched a home loan product that entails waiving off a few EMIs during the course of a loan. (Photo: PTI)

Business

Axis Bank posts net loss of Rs 2,189 cr in Q4

Also for the entire fiscal 2017-18, the bank's a net profit fell by 92.5 per cent to Rs 275.68 crore.

26 April 2018 7:24 PM IST

Reliance Jio will start offering cashback and benefits totalling Rs 2,599 from Friday to its Jio Prime members opting for recharge of Rs 399 and above. (Photo: AFP)

Business

Reliance Jio to hire about 80,000 people in FY19: official

Jog said the company was having partnership with about 6,000 colleges, including technical institutions, across the...

26 April 2018 7:19 PM IST

Disinvestment-bound Air India has approached aviation regulator DGCA for renewal of its flying permit, expiring in June.

Business

A bloated Air India on a hiring spree, to induct 270 co-pilots

The massive pilot recruitment comes on the back of hiring of 500 cabin crew by the state-run carrier.

26 April 2018 6:11 PM IST

$Midsize private sector lender Yes Bank is aiming to evolve itself into a \technology company in the business of banking\ and has accordingly announced a rejig of its senior management.$ Business

Yes Bank Q4 net profit surges 29 per cent at Rs 1,179 cr

Total income grew 27.8 per cent to Rs 7,163.95 crore as against Rs 5,606.38 crore in the same quarter of 2016-17.

26 April 2018 3:54 PM IST

E-commerce platform Tata Cliq has partnered with tech major Adobe to deploy solutions aimed at enhancing digital experiences for customers in India.

Business

Adobe bets on banking, hospitality to drive growth in India

The company, which offers digital management solutions, works with a number of Indian firms.

26 April 2018 2:46 PM IST

All 2.2 billion Facebook users will receive a notice on their feeds titled Protecting Your Information. It will have a link to information on which Facebook apps they use and what information they have shared with those apps. (AP Photo/Richard Drew, File)

Business

Facebook's rise in profits, users show resilience after scandals

Facebook Inc (FB.O) shares rose on Wednesday after the social network reported a surprisingly strong 63 per cent rise in...

26 April 2018 2:39 PM IST

Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

Business

Deutsche Bank announces major overhaul of investment bank

Banks net income of 120 million euros was below the forecasts of net income of 379 million

26 April 2018 1:31 PM IST

Nokia is set to make its big comeback to the smartphone industry in 2017.

Business

Nokia posts sharp quarterly profit fall, sees 5G accelerating

It expressed confidence that momentum was building later in 2018.

26 April 2018 1:08 PM IST

Ruia family-owned Essar Oil and Gas will invest Rs 900 crore in drilling 150 more wells on its Raniganj CBM block in West Bengal.

Business

Essar Oil and Gas to invest Rs 900 cr in CBM block

Ruia family-owned Essar Oil and Gas will invest Rs 900 crore in drilling 150 more wells on its Raniganj CBM block.

26 April 2018 12:46 PM IST

The software services firm had registered a profit of Rs 2,267 crore in the year-ago period.

Business

Wipro falls nearly 5 per cent after disappointing Q4 earnings

The stock was the worst hit among the bluechips on both Sensex and Nifty during the morning trade.

26 April 2018 12:36 PM IST

Business

Centre sends new notice to FB, CA

In its reply to the notice issued by the IT ministry, Cambridge Analytica had earlier this month categorically.

26 April 2018 12:37 AM IST

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

Business

Airtel shares gain over 3 per cent; mcap rises by Rs 5,477 cr

9.41 lakh shares of the company were traded on BSE and over two crore shares changed hands at NSE during the day.

25 April 2018 6:21 PM IST