Section: Business

Tesla to India: Govt responds to Elon Musk's concern; but did it really address the issue?

Published on By prameya news7 (author)

A Delhi court issued summons after the CBI on Tuesday filed another charge sheet against ...

Bad loan classification: Videocon continues to bleed as its lower circuit again

Published on By prameya news7 (author)

Shares of Videocon Industries extended its freefall on Wednesday after the stock hit lower circuit of 20 percent on Tuesday. The stock hit the lower circuit again on Wednesday after falling 10 percent on Wednesday.

IT sector to create 25-30 lakh jobs by 2025: Ravi Shankar Prasad

Published on By prameya news7 (author)

Denying any downturn in Indian information technology sector, law and IT minister Ravi Shankar Prasad on Tuesday said the industry will create 25-30 lakh jobs by 2025. “As (the) IT minister of the nation, I completely deny and refute that there is any downturn in the employment in this sector. It is robust, slated for great growth and once digital economy ushers then you can fathom its development,” Prasad said while sharing three years achievement of the Ministry of Electronics and IT.

Infosys Vishal Sikka's salary falls in FY17, bonus declines 81% to $8.22 lakh

Published on By prameya news7 (author)

Infosys CEO Vishal Sikka's salary, a source of dissatisfaction for the founder members, has declined in 2016-17, according to the company's annual report for the year.

India's liberalisation means it is open for reforms: USIBC

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India's liberalisation across numerous sectors of its economy sends a clear message to the global investment community that the country is open for business and reforms are also on-track, a top US advocacy group has said.

Delhi Metro train evacuated at Rajiv Chowk station after minor smoke

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Minor smoke was reported from an air-conditioner of a Delhi Metro train at Rajiv Chowk metro station in Connaught Place on Wednesday. An official of Delhi Metro Rail Corporation said that initial reports came in at 10:22 AM that smoke and spark were noticed on a train at Central Secretariat.

Silver tumbles Rs 409 on profit-booking, global cues

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Silver prices slumped by Rs 409 per kg to Rs 39,549 per kg in futures trade today as speculators cut down their bets at prevailing levels amid a weak trend in global markets.

7th Pay Commission: Meeting on central government employees' allowances likely today

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Central government employees may get a chance to rejoice as reports suggest that Empowered Committee of Secretaries (E-CoS) can meet today to deliberate over their reformed allowance structure.

SBI to sell bad loans worth Rs1,471 crore to ARCs in bid to clean up books

Published on By prameya news7 (author)

India’s largest lender State Bank of India (SBI) has put on block bad loans with outstanding balance of Rs1,471.47 crore on sale to asset reconstruction companies and financial institutions.

Flipkart, Rivigo among top 40 breakthrough brands in the world

Published on By prameya news7 (author)

Indian e-commerce giant Flipkart and technology-enabled logistics firm Rivigo have made it to the list of top 40 brands globally. The two companies were featured in "Interbrand breakthrough brands", a report published by Interbrand, which is a part of the Omnicom Media Group.