Business
Equities indices extend bull run on global cues, strong rupee (Market Review)
February 25, 2017 05:43 PM

  Key Indian equities indices continued their bull run for the fifth straight week to gain over a per cent each, as positive corporate news and US Fed's plans of a gradual rate hike enhanced investors' risk-taking appetite.

RBS reports $8 billion loss
February 24, 2017 04:05 PM

 Royal Bank of Scotland on Friday reported losses of 7 billion pounds sterling ($8 billion) for 2016, taking its overall losses since its 2008 government bailout to over 58 billion pounds.

MobiKwik to invest Rs 300 cr to treble user base
February 23, 2017 04:05 PM

 Domestic mobile wallet major MobiKwik on Thursday announced it will invest Rs 300 crore to treble its user base from the current 50 million to 150 million in 2017.

Public Cloud services market to grow 18% in 2017: Gartner
February 23, 2017 02:01 PM

 Global public Cloud services market is projected to grow 18 per cent in 2017 to hit $246.8 billion, up from $209.2 billion in 2016, market research firm Gartner said on Thursday.

'Demonetisation to spark VC interest in Indian fintech firms'
February 22, 2017 06:47 PM

 The increase in digital payments by Indians following the demonetisation of old notes is expected to interest venture capital funds to invest in firms operating in the payments and mobile wallet sectors, consultancy firm KPMG said.

Markets open on positive note on Wednesday
February 22, 2017 11:18 AM

 The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.

IDBI Bank to divest non-core investments
February 21, 2017 02:49 PM

The Board of Directors of IDBI Bank on Tuesday approved sale of the bank's non-core investments.

Flipkart to use Microsoft cloud to boost e-tail sales
February 20, 2017 01:27 PM

Leading e-commerce major Flipkart on Monday tied-up with global software major Microsoft to use its Azure cloud platform to boost its e-tail sales.

Jio competitors see washout in Q3, losses likely in Q4 too
February 19, 2017 01:52 PM

The balance-sheet of major telecom operators in India -- Bharti Airtel, Idea Cellular and Reliance Communications -- came under major pressure in the third quarter (October-December) of the current fiscal and the trend is likely to continue in the fourth quarter, say the experts.

Nifty50 to exclude BHEL, Idea Cellular from March
February 17, 2017 11:33 AM

 Stock exchange major, National Stock Exchange (NSE), on Thursday said that Bharat Heavy Electricals Ltd (BHEL) and Idea Cellular will be excluded from its benchmark Nifty50 index.

Idea Cellular Q3 loss at Rs 478.9 crore
February 11, 2017 06:14 PM

Idea Cellular reported a loss of Rs 478.9 crore for the third quarter of the current fiscal, a company statement said here on Saturday.

IDBI Bank posts net loss of Rs 2,254 crore
February 07, 2017 06:45 PM

IDBI Bank on Tuesday said it closed last quarter with a higher net loss of Rs 2,254.96 crore.

Smartron announces investment in Volta Motors
February 06, 2017 07:25 PM

Smartron, a Hyderabad-based start-up, Monday announced that it will invest in Volta Motors, a Chennai-based automotive company that is designing and developing sustainable electric vehicles.

Huawei, Oracle collaborates to help power companies
February 06, 2017 05:57 PM

Huawei and Oracle officially signed a 'Power IoT Ecosystem Partnership' memorandum of understanding (MoU) which will enable a robust end-to-end "Advanced Metering Infrastructure" (AMI) solution helping power and grid companies to improve customer experience and operation efficiency, achieve energy saving and emission reduction.

Carragher feels Liverpool needs change of plan
February 05, 2017 06:16 PM

Former Liverpool defender Jamie Carragher said the Merseyside football club needs a "a different plan" if it is to improve and it has only the sixth-best squad in the English Premier League.

Australia-New Zealand second ODI called off due to rain
February 02, 2017 03:00 PM

Incessant rain and a wet outfield forced the second One-day International (ODI) cricket match between Australia and New Zealand to be called off without a ball being bowled here on Thursday.

Airtel hails Vodafone-Idea merger plan with a rider
January 31, 2017 07:35 PM

 A day after Vodafone confirmed that it is in talks with the Aditya Birla Group for the merger of its Indian entity and Idea Cellular, the country's largest telecom player Bharti Airtel on Tuesday welcomed the move, but said such consolidations should not be an outcome of a forced situation.

Budgetary expectations buoy Indian equities
January 30, 2017 02:35 PM

Hopes of budgetary sops and a strong rupee buoyed the Indian equities markets during the mid-afternoon trade session on Monday.

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