Business
Indian Energy Exchange Falls on Market Debut After $154 Million IPO
"Indian Energy Exchange's market debut slump is a clear case of euphoria chasing anything that's coming in the IPO market, without factoring in valuations," said Sanjiv Bhasin, executive vice president at financial services firm IIFL.
Infosys Q2 Results: Analysts Expect Concrete Guidance, Stability
A meeting of the board of directors of the company will be held at registered office on October 23 and October 24, 2017 to consider consolidated and standalone financial results and recommend payment of interim dividend, Infosys said in a regulatory filin...
Govt Fixes Sovereign Gold Bond Rate at Rs 2,971 Per Gram
As per the calender it will open for subscription from Monday to Wednesday of every week starting from October 9 until December 27.
Workers at Tata Steel's Dutch Arm Oppose Thyssenkrupp Merger
Works council chairman Frits van Wieringen said that, after viewing the two companies' memorandum of understanding, he was concerned they intend to dissolve the Dutch subsidiary, which would strip away legal protections, and then lay off workers.
Wipro Net up 6%, Revenue Dips 2.5% in Second Quarter
Under the International Financial Reporting Standards (IFRS) or in dollar terms, net income for the quarter was $336 million and gross income $2.1 billion.
Tea Board Proposes Rs 100 Crore Package for Darjeeling Gardens
The Darjeeling Tea Association (DTA), however, had sought a much higher package to compensate for the revenue loss and for payments to workers till the start of next production.
Understand Your Liability as a Loan Guarantor
Becoming a loan guarantor is different from just signing as a witness. It puts you directly under the liability to repay the loan in case of default by the primary borrower.
India Post Payments Bank to Promote Financial Inclusion: Manoj Sinha
Sinha exhorted the postal employees to continue reorienting themselves with technological changes and disruptions in order to bring innovative offerings to consumers, all the while upholding the societal values.
54,000 Petrol Pumps to Go on Nationwide Strike on October 13
The demands include implementation of the pending agreement signed with oil marketing companies on November 4, 2016, scrapping unfair penalties imposed under Marketing Discipline Guidelines, and approved but not given dealer margins.
Infosys Bags Deal from KONE, to Set up Helsinki Design Centre
Infosys, in a statement, said it will also set up its first design and innovation centre in Helsinki to consolidate its presence in the Nordic region.
Petrol Price Down Rs 2.5 a Litre, Diesel by Rs 2.25
Petrol in Delhi now costs Rs 68.38 a litre, down from Rs 70.88. A litre of diesel now comes for Rs 56.89 as against Rs 59.14 previously, according to Indian Oil Corp (IOC), the nation's largest fuel retailer.
State Bank of India to Merge 5 Associate Banks from Oct 1: Four Things You Must Know
Here are 4 Key Things You must know if you have an existing account with State Bank of Patiala, State Bank of Bikaner and Jaipur, State Bank of Raipur, State Bank of Travancore, State Bank of Hyderabad or Bhartiya Mahila Bank.
China Factory Activity Rises to 5-year High, Finds Survey
The report by the Federation of Logistics & Purchasing said production, new export orders and overall new orders grew at a faster pace for the month.
Temporary Pain For Long-term Gain, Says VP Venkaiah Naidu on Economy
Vice President Venkaiah Naidu said the global economy has slowed down and even China is witnessing a slack in its economy, but in the midst of this, India remains a bright spot.
IBM India: The Single Largest Workforce of the Company in the World
The company employs about 130,000 people in India, nearly one-third of its workforce, and much more than the around 92,000 employed in its country of origin.
Sebi Slaps Rs 1.1Crore Fine on Crosseas Capital for Fraud Trade
The Securities and Exchange Board of India (Sebi) had conducted an investigation in the share dealing of Sudar Industries (earlier known as Sudar Garments) on March 11, 2011 - the day when the firm got listed - for any possible violation of securities law...