Business News

Sensex, Nifty Reach New Closing Peaks

The Sensex and the Nifty on Monday hit record closing high on the first trading day of 2017-18 to end at 29,910.22 and 9,237.85, respectively, driven by a rally in index heavy-weights RIL and L&T

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IISc Ranked Best Educational Institution By HRD Ministry

The Indian Institute of Science, Bangalore, the first Indian institution to make it to the top 10 in a global ranking, has been ranked at the top in the annual national rankings released by the HRD ministry

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Pai Backs Infosys Founder Murthy; Says Rao's Pay Spectacular, Not Performance

Backing Infosys co-founder N R Narayana Murthy's view on pay hike to COO U B Pravin Rao being "not proper," company's ex-director T V Mohandas Pai on Monday said the salary in this case is "spectacular" but performance is not

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Commercial Vehicle Makers To Lose Rs 2500-crore Or 2.5% Of Margin On BS-III Ban

The brisk discount sales and incentives that commercial vehicle makers offered on BS-III units to meet the Supreme Court-set April 1 deadline would cost them Rs 2,500 crore, says a report

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SmartCoin Attracts Investment From Unicorn India Ventures

The funding will be used for upgrading their technology platform and scaling up operations

Read More Organises Stock market Advisory Platform Pro Advisory Championship, an exclusive portal that offers advice of all vagaries related to the stock market, organised the 'Pro Advisory Championship (PAC) Season 1'

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Unitech MD Sanjay Chandra's Police Custody Extended By 3 Days

A Delhi court on Monday extended the police custody of Unitech Ltd promoters Ajay Chandra and Sanjay Chandra by three more days in an alleged fraud case related to a Gurugram-based real estate project

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SC Ruling On Serving Liquor Along Highway To Spell Doom For Hospitality Industry

Over 35,000 restaurants & bars could face closure in Western India alone

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Factory Activity At Five-month High In March On Strong Demand

Activity in India's manufacturing sector expanded at the fastest pace in five months in March as output and new orders accelerated, according to a private survey that also showed price pressures eased

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SBI Sees Cost Savings, No Bad Loans Surprise After Merger With Units

State Bank of India expects no nasty surprises on bad loans after merging five subsidiary banks with itself at the weekend in a deal that will help it save costs and gain scale

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