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  Business   Companies  10 Oct 2017

Business, Companies, 10 Oct 2017

HSBC launches app to track trade transactions

HSBCnet mobile application and has been launched in select countries in which HSBC operates, including India.

10 Oct 2017 8:13 PM

Vistara offers low fares starting at Rs 1,149

Sale of tickets under the 48-hour festival offer commences from mid-night and travel period will be from Oct 26 to Mar 24 next year.

10 Oct 2017 7:22 PM

Micro, cottage industries write to Modi, Jaitley; seek 5 pc GST

Association also wants exemption from GST to those units which transact business below Rs 20 lakh.

10 Oct 2017 6:33 PM

Sebi ban on 28 entities for illegal money pooling activities

Sebi has barred Roofers Infra-Projects Ltd and 20 other entities, including individuals.

10 Oct 2017 6:16 PM

Artificial Intelligence will not cut jobs, create different ones: expert

Artificial Intelligence does jobs which are repetitive in nature, where humans tend to make mistakes.

10 Oct 2017 5:55 PM


Reliance Jio likely to roll out Jio Payments Bank in December

Jio had received in-principle approval from RBI to launch a payments bank in August 2015.

10 Oct 2017 5:45 PM

Volkswagen launches new Passat at Rs 29.99 lakh

The company had earlier this year introduced performance-oriented hatchback GTI and premium SUV Tiguan.

10 Oct 2017 4:45 PM

M&M eyes petrol engines across the spectrum by April 2020

Mumbai-based company launched an updated version of its compact SUV KUV100 priced at Rs 4.39-7.33 lakh.

10 Oct 2017 4:32 PM

Bandhan Bank to decide on IPO size later: CEO

Bandhan Bank, which started operations in August 2016, was asked by RBI to come out with the IPO in three years from then.

10 Oct 2017 4:05 PM

Bank of Baroda to raise Rs 1,650 crore from bonds

Banks can write off such investments or convert them into common equity if approved by the RBI.

10 Oct 2017 3:40 PM


Govt to set up mini food parks, backs direct farm sourcing

MoS for Food Processing says all 42 sanctioned mega food parks will be operational by 2019.

10 Oct 2017 3:38 PM

Facebook India MD Umang Bedi quits; Bhushan named interim head

Umang Bedi will be leaving his role at Facebook at the end of this year.

10 Oct 2017 3:25 PM

Maharashtra cuts petrol price by Rs 2 and diesel by Rs 1 per litre

State follows in footsteps of Gujarat that cut VAT by 4 per cent on petrol and diesel on Tuesday.

10 Oct 2017 3:14 PM

Vedanta bets big money on ramping up output, but sets rider

Government to allow export of crude oil produced from the Barmer fields in Rajasthan to discover the right price.

10 Oct 2017 2:58 PM

In Gujarat, petrol will cost Rs 66.53, diesel Rs 60.77 a litre from Tuesday

State cuts value added tax by 4 per cent on essential fuels after Centre slashed excise duty by 2 per cent.

10 Oct 2017 2:33 PM


Standard Chartered Bank opens new GBS centre in Bengaluru

Bank's strategy to invest USD3 billion over three years in technology and systems which it announced in 2015.

10 Oct 2017 2:32 PM

Rajnish Kumar shows SBI staff ways to tackle challenges

Kumar in a letter to staff highlights worst phase banking sector with huge debt burden was passing through.

10 Oct 2017 12:31 PM

Sebi moves SC against Sahara for 'obstruction' of Aamby Valley auction

This move comes despite the apex court’s direction to go ahead with the scheduled auction of Aamby Valley property in Maharashtra.

10 Oct 2017 11:48 AM

Pepsico India CEO Shivakumar steps down, to join Aditya Birla Group

Shivakumar, who is expected to join Aditya Birla Group in three months' time, will report to the Group Chairman Kumar Mangalam Birla.

10 Oct 2017 10:46 AM

Infosys announces November 1 as Rs 13,000 crore-buyback share day

The buyback proposal had been approved by the Board on August 19 and by the shareholders earlier on Monday.

10 Oct 2017 10:05 AM