Business News

Last updated: Sunday, August 19, 2018 9:34:04 PM

CII sets up task force for Kerala flood relief work
New Delhi, Aug 19 (IANS) Industry chamber CII on Sunday said a task force chaired by its former President Kris Gopalakrishnan is working on comprehensive relief for flood-affected in Kerala in coordination with the state and district administrations.

Sunday, August 19, 2018 9:34:04 PM

Back series GDP data not official estimates: Statistics Ministry
New Delhi, Aug 19 (IANS) In the light of a controversy over back series GDP numbers published this week showing that the Indian economy performed better during previous UPA rule, the government said on Sunday that these are "not official estimates" and that the official data would be released later.

Sunday, August 19, 2018 8:06:04 PM

Smart Industrial Port City project begins in Odisha port
Bhubaneswar, Aug 19 (IANS) A Smart Industrial Port City project to be developed within the premises of the Paradip Port in Odisha has taken off, an official said here.

Sunday, August 19, 2018 2:02:03 PM

Global cues, rupee to chart course of equity indices (Market Outlook)
Mumbai, Aug 19 (IANS) Fears over a rise in global protectionist measures, along with rupee movement and direction of foreign funds, are likely to chart the course of major domestic equity indices during the week starting on August 20.

Sunday, August 19, 2018 12:56:05 PM

Walmart acquires 77% stake in Flipkart Group
Bengaluru, Aug 18 (IANS) Retail giant Walmart Inc. on Saturday acquired approximately 77 per cent stake in e-commerce major Flipkart.

Saturday, August 18, 2018 11:00:04 PM

Maximisation of asset-value vital for IBC success: Secretary
Mumbai, Aug 18 (IANS) Corporate Affairs Secretary Injeti Srinivas on Saturday said maximisation of asset-value of insolvent companies and being fair to lesser creditors are vital for the success of the Insolvency and Bankruptcy Code (IBC).

Saturday, August 18, 2018 9:42:03 PM

Infosys CFO Ranganath resigns, search for successor soon (Third Lead)
Bengaluru, Aug 18 (IANS) Infosys Chief Financial Officer (CFO) M.D. Ranganath has resigned and will continue in the executive post till November 16, the IT major said on Saturday.

Saturday, August 18, 2018 9:14:04 PM

Alliance Air operates proving flight to Kochi naval air base
New Delhi/Kochi, Aug 18 (IANS) State-run Air India's subsidiary -- Alliance Air -- has operated a proving flight to the Kochi naval base as an option for rescue operations in flood-hit Kerala.

Saturday, August 18, 2018 8:44:03 PM

Infosys CFO Ranganath resigns, search for successor soon
Bengaluru, Aug 18 (IANS) Infosys Chief Financial Officer (CFO) M.D. Ranganath has resigned and will continue in the executive post till November 16, the IT major said on Saturday.

Saturday, August 18, 2018 8:32:04 PM

Geo-political tensions to mount pressure on rupee: Experts
Mumbai, Aug 18 (IANS) Geo-political tensions between US and Turkey, along with fears of a rise in protectionist measures and outflow of foreign funds are expected to mount pressure on the Indian rupee in the coming week, experts said on Saturday.

Saturday, August 18, 2018 8:04:06 PM

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