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Wipro to outshine previous performance: Azim Premji

Premji reminisced Wipro's journey from a small vegetable oil company to a leading information technology company.

17 July 2019 9:20 AM IST

The court was hearing public interest litigation (PIL) filed by an NGO, Janhit Manch, which sought demolition of slums near water pipeline and alleged that these slums are a threat to the pipeline.

'Nal se Jal': Water, sanitation may see Rs 6.3L cr investment in next...

The investments would be made in verticals such as pipes, EPC, water treatment pumps, cement, among others, according to...

14 July 2019 4:51 PM IST

FIPB takes a call on proposals for FDI in ocuntry.

India attracts USD 64.4 bn FDI in FY19 despite global headwinds: V...

Centre is considering further opening foreign direct investment in aviation, media and other sectors.

11 July 2019 9:18 AM IST

The latest investment values Byjus at around USD 3.6 billion

Qatar leads USD 150 million funding for Indian education startup...

Byju's has so far raised roughly USD 970 million from investors, tracker Crunchbase says.

11 July 2019 8:42 AM IST

Startups have also appealed that the government should also consider eliminating Minimum Alternate Tax for startups, which are DIPP certified.

Samsung Venture invests USD 8.5 million in 4 Indian startups

SVIC hopes to make 100 investments in Indian startups over the next three-five years.

10 July 2019 3:09 PM IST

Mutual Funds suffer nearly Rs 1.60 lakh cr outflow in June: AMFI

The net outflows of mutual funds stood at Rs 1,59,814.40 crore in June.

9 July 2019 8:24 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Govt to soon issue clarification on applicability of surcharge on FPIs

Increase surcharge from 15 pc to 25 pc on taxable income between Rs 2-5 cr, and from 15 pc to 37 pc for income above Rs...

8 July 2019 3:50 PM IST

Germanys biggest lender Deutsche Bank on Friday admitted to a massive erroneous transfer of 28 billion euros (USD 34 billion) in a routine operation, more than the entire bank is worth.

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul

Deutsche Bank could cut as many as 20,000 jobs more than one in five of its 91,500 employees.

8 July 2019 8:56 AM IST

SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

US clears SoftBank's USD 2.25 billion investment in GM-backed Cruise

The approval unlocks a seat for SoftBank on Cruise's board, formalising its oversight, and cements key financing for...

6 July 2019 11:39 AM IST

FIPB takes a call on proposals for FDI in ocuntry.

Budget 2019: Govt contemplating higher FDI in aviation, media, says...

Global FDI flow slipped by 13 per cent in 2018 to USD 1.3 trillion, from 1.5 in the previous year.

5 July 2019 12:06 PM IST

In Financial Year 2016-17, the mutual fund on an average has added about 6.19 lakh SIP accounts per month.

Mutual funds' AUM rises over 4 pc to Rs 25.49 lakh crore in June...

The total asset base of the industry was Rs 23.04 lakh crore in the same period a year ago.

5 July 2019 9:18 AM IST

We see a very positive scenario for infrastructure segment with extra investment lined in for all areas of core infrastructure such as roads, metro rail, expressway, airports and expansion on existing highways: Nitin Lall

Economic Survey: India must spend USD 200 bn on infra annually

As the country has only been able to put USD 100 to 110 billion annually into infrastructure development.

4 July 2019 4:11 PM IST