Flipkart Group CEO Binny Bansal quits
Flipkart Group CEO and co-founder Binny Bansal on Tuesday resigned following a probe into an alleged “serious personal misconduct”, the firm’s new parent Walmart said. Bansal, 37, has strongly denied the allegation, the American retail giant said in a statement. His decision to step down follows an independent investigation done on behalf...
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Rupee recovers 22 paise on easing crude prices
14 November 2018 | PTI -
Govt mulls second round of 2,500 MW medium-term PPA auction
14 November 2018 | PTI -
Questions raised on RoC grounds for declaring Mistry sacking violative of law: RTI
14 November 2018 | PTI -
BMW launches online sales channel
14 November 2018 | PNS -
BUSINESS CORNER
14 November 2018 | Agencies -
RBI may keep repo rate unchanged in rest of FY ’19: Report
14 November 2018 | PTI -
Sensex rebounds 332 pts on energy, bank stocks
14 November 2018 | PTI
Ashok Leyland MD Vinod K Dasari calls it quits
Hinduja group flagship frim Ashok Leyland Chief Executive Officer and Managing Director Vinod K Dasari has quit citing personal reasons and the company board has accepted his resignation, a top official said Tuesday. However, the boart at its meeting here Tuesday asked him to continue till the end of March 2019...
Apple appoints Nokia veteran Ashish Chowdhary to lead India operations
In a fillip to Apple CEO Tim Cook's big future plans for the Indian market, Apple has appointed Ashish Chowdhary, Chief Customer Operations Officer at Nokia Networks, as its India operation head, reliable industry sources told IANS on Tuesday. Chowdhary will join as Apple India head from January next year, the...
Nifty opens in red, Sensex down 100 points
The NSE's Nifty50 opened in red while the S&P BSE Sensex traded 100 points down during the morning session of the trade on Tuesday. Selling pressure was witnessed in telecom, finance and banking counters whereas oil and gas were in green. The Sensex of the BSE opened at 34,846.19 from its previous...
Jet Airways reports net loss of Rs 1,261 crore
Jet Airways on Monday reported a whopping Rs 1,261 crore in consolidated net losses for the three months to September against a profit of Rs 71 crore in the same period year ago, impacted by higher fuel cost and the ongoing plunge in the rupee. Already its larger rival Indigo had...
Niti Aayog to hold meet with digital payments industry on KYC issue
Niti Aayog will hold a meeting with all the stakeholders in digital payments industry over customer authentication issue after the Supreme Court verdict that restricted the use of Aadhaar details for KYC in availing host of services, including banking and telecom. “I will have a round table with the stakeholders. There...
DSP Mutual Fund launches DSP Healthcare Fund
DSP Investment Managers Pvt. Ltd. announced the launch of DSP Healthcare Fund, an open ended scheme investing in the healthcare and pharma sector. The fund would be predominantly investing in equity and equity related securities of healthcare and pharmaceutical companies with some portfolio allocation to foreign securities. The NFO is...
Mahindra launches new Scorpio variant priced at Rs 13.99 lakh
Mahindra & Mahindra announced on Monday launch of a new variant of SUV Scorpio priced at Rs 13.99 lakh (ex-showroom Delhi). The ‘feature-packed’ S9 will be available pan India across Mahindra dealerships with immediate effect, the company said in a statement. The new variant will be powered by the mHAWK engine...
