Rahul Bajaj steps down as Bajaj Finserv, will take new role as Chairman Emeritus in May

Bajaj Finserv on Wednesday announced that its Chairman and Non-Executive Director Rahul Bajaj has resigned and will take over as the Chairman Emeritus starting from May. The company, in a regulatory filing said that... Read more »

SC gives Singh brothers two-week pay Rs 3,500 crore to Daiichi

The Supreme Court on Thursday gave the former promoters of Fortis, Manvinder Singh and Shivinder Singh, two-week time sort out their plans to pay Rs 3,500 crore to Daiichi Sankyo. It is... Read more »

Govt releases Rs 171 cr to MTNL for paying salaries to employees.

The government has released pending dues of Rs 171 crore to cash-strapped MTNL for paying February salaries to employees, a senior official said. On the other hand, BSNL will clear salary dues... Read more »

CBI seeks more details from Facebook, Cambridge Analytica over theft of Indian users’ data

The Central Bureau of Investigation has contacted Facebook and Cambridge Analytica for details regarding their  alleged data theft. The probe agency had sought answers from the two companies over charges of illegally harvesting Indian users’... Read more »

Azim Premji commits Rs 52,750 crore of Wipro shares to philanthropy

Wipro chairman Azim Premji has set to keep his philanthropic standards on par with two of the world’s richest and most active philanthropists, Bill Gates and Warren Buffett, by increasing his commitment... Read more »

Raghuram Rajan says capitalism is under threat.

Former RBI governor Raghuram Rajan on Tuesday warned that capitalism is under a threat of revolt as the economic and political system has stopped providing for the people, especially after the 2008... Read more »

Bharti Airtel to transfer Infratel stake to unit, to pay Rs 15000 cr with TTSL to get DoT approval for merger

India’s Bharti Infratel Ltd on Tuesday March 12 said that mobile carrier and its majority shareholder Bharti Airtel Ltd will lower its direct stake in the telecom tower company by more than... Read more »

Gold drops as US retail data and stocks recover.

Spot gold went down 0.4 percent at $1,293.26 per ounce at 11:35 a.m. ET (1535 GMT), while U.S. gold futures dropped 0.5 percent to $1,293.30. Spot prices hit $1,300.61 on Friday, but... Read more »
Petrol and Diesel prices rise for the fourth day in succession

Rising oil prices and fiscal slippage to hinder economic growth in FY20 says CARE

The respondents in a CARE Ratings Survey on ‘Economic Perspective for 2019’ feel that the National Democratic Alliance (NDA) government may be in power in 2019, by a majority or in the... Read more »

Blockchain ecosystems to see a wide-spread growth in the coming year.

The National Association of Software and Services Companies (NASSCOM) today launched the findings of the AVASANT-NASSCOM India Blockchain Report 2019, which highlighted the developments in the global and Indian Blockchain market and... Read more »