Business
Will Continue my Association With TCS: N Chandrasekaran to Employees
A day after his appointment as the Chairman of Tata Sons, N Chandrasekaran has written to the employees of TCS to re-assure them of his continued association with them and the company in his new role.
Rupee Rebounds 24 Paise to One-week High on Weak Dollar
The rupee on Thursday staged a spectacular recovery against the American currency by surging 24 paise to end at one-week high of 68.08 on fresh bouts of dollar selling from banks and exporters.
Sensex Soars 241 Points to Hit 2-month High; Banks Fuel Rally
Extending Tuesday's rally, benchmark Sensex on Wednesday surged nearly 241 points to close at a two-month high of 27,140 and Nifty reclaimed the 8,300-level on widespread buying triggered by a positive start of the earnings season and firm Asian cues.
India has Potential to Become 'Economic Powerhouse': Viral Acharya
India, one of the world's fastest growing economies, is at an "exciting but challenging time" and has massive potential to become an "economic powerhouse", RBI's newly-appointed Deputy Governor and noted economist Viral Acharya has said.
BSE to Launch New Interest Rate Futures Contract from Jan 10
Leading stock exchange BSE will introduce new interest rate futures (IRF) contracts from January 10 on government bonds maturing in 2029.
Nusli Wadia Voted Out as Independent Director of Tata Chemicals
Shareholders of Tata Chemicals have voted out Nusli Wadia as an independent director of the company with 75.67 per cent votes going in favour of a resolution moved by Tata Sons to remove him at the company's EGM on Saturday.
RBI Adds to Demonetisation Confusion With its Answer to an RTI Query
The Reserve Bank of India has added to the confusion swirling around the demonetisation numbers with its reply to Mumbai-based RTI activist Anil Galgali.
Sensex Extends Losses, Down 81 Points on Weak Asian Cues
Falling for the fourth straight session, the benchmark BSE Sensex surrendered another 81 points to quote at 26,408.74 in early trade on Monday on sustained selling by investors and funds amid weak Asian cues.
Rupee Trips 11 Paise to 67.87 vs US Dollar
The US dollar ended higher against the rupee at 67.87/88 per dollar as also the pound sterling which closed higher at Rs 84.32/34 at the Interbank Foreign Exchange market on Monday.
Demonetisation: Pain Before Gain For Banks After PM Modi's Cash Gamble
India's shock move to abolish high-value banknotes was expected to deliver a windfall to lenders, and banks have indeed seen coffers swell after people deposited 12.4 trillion rupees ($183 billion) in cash into the system.
About 30 Percent Fall in Demand Post Demonetisation: Raymond CEO
Textile and apparel major Raymond has seen nearly 30 percent decline in demand since demonetisation was announced last month, but expects the situation to ease early next year.
Paytm Says Cheated of Rs 6.15 Lakh, CBI Books 15 Customers
CBI has registered an FIR against some customers of digital wallet Paytm on the company's complaint that it has allegedly been cheated to the tune of Rs 6.15 lakh by customers based.
Murdoch's Fox Agrees $14.6 Billion Sky Deal to Expand Empire
Rupert Murdoch's Twenty-First Century Fox has struck a $14.6 billion deal to buy European pay-TV firm Sky that unites a media empire across two continents and helps it take on rivals like Netflix in the battle for viewers.
Nusli Wadia Files Defamation Case Against Tata Sons, Seeks Rs 3,000 Crore
Nusli Wadia has filed a defamation case against Tata Sons, seeking Rs 3,000 crore in damages, sources told CNBC-TV18 on Thursday.
CPI Inflation to Remain Below 5% in First Half of 2017, Says HSBC
The Reserve Bank of India is expected to meet its target 'comfortably' as CPI inflation is likely to remain well below 5 per cent over the first half of 2017, an HSBC report says.
Independent Director Nusli Wadia Faces Axe, Battle Reaches Court
The Tata-Mistry war for control of Tata Group has reached the Bombay High Court, but with a twist.
