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$Rather than waiting to respond to a famine after many have already died, the tech firms, including Amazon, \will use the predictive power of data to trigger funding\ to take action before it becomes a crisis, the World Bank and UN announced. (Representational image/ Photo: AFP)$ Business

Amazon likely to buy 7-8 per cent stake in Future Retail: report

Amazon India and Future Retail did not immediately respond to requests seeking comment.

16 Oct 2018 4:19 PM IST

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

SoftBank shares fall 5.5 per cent as Saudi ties cause concern

SoftBank shares decline by worries over its ties to Saudi Arabia as well as a broader market sell-off.

15 Oct 2018 9:22 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

AU Small Finance Bank Q2 net profit surges 34 pc to Rs 91 crore

The bank had reported a net profit of Rs 68.24 crore in the July-September period of 2017-18.

13 Oct 2018 5:43 PM IST

Last week, Tata Sons - the majority shareholder in TCS with 73.26 per cent stake - removed Cyrus Mistry as the Chairman of the IT services company and replaced him with Ishaat Hussain in the interim.

TCS shares drop nearly 4 per cent post Q2 earnings

Tata Consultancy Services (TCS) had posted a net profit of Rs 6,446 crore in the same period last fiscal.

12 Oct 2018 1:01 PM IST

Bandhan Bank plans to open another 60 branches over the next six months, said MD and CEO Chandra Shekhar Ghosh. Photo: Bandhan Bank website.

Bandhan Bank Q2 net jumps 47.28 per cent to Rs 487.65 cr

Shares of Bandhan Bank were trading 4.16 per cent higher at Rs 505.05 apiece on BSE.

10 Oct 2018 3:39 PM IST

Googles written testimony did not identify specific prior mistakes but the company has come under fire for privacy issues. (Photo: AP)

Alphabet shuts Google+ after user data exposed

Up to 500,000 Google+ user accounts were potentially affected by a bug.

9 Oct 2018 8:35 AM IST

BSE bank index was also trading with gains of 0.68 per cent at 21,218.24 points

China tech stocks Lenovo, ZTE tumble after chip hack report

Lenovo shares closed down 15.1 percent while ZTE lost 11 percent.

6 Oct 2018 10:18 AM IST

The scrip of IL&FS Engineering and Construction Company touched its upper circuit limit of Rs 25.32, up 10 per cent.

Two IL&FS group cos defy broader market trend; surge up to 10 pc

Shares of IL&FS Investment Managers also witnessed similar trend and jumped by 5 per cent.

5 Oct 2018 1:31 PM IST

Hindustan Petroleum also fell to its 52-week low of Rs 165.45, down 25 per cent over its last closing price.

Stocks of oil marketing companies plunge to 52 week lows on fuel price...

Govt's decision to curtail marketing margins on auto fuels by Rs1/litre brings to fore the earnings uncertainty for oil...

5 Oct 2018 12:02 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

LIC makes Rs 12,602 crore open offer for IDBI stake

LIC came out with an open offer for acquiring 26 per cent equity in IDBI Bank at a price of Rs 61.73 per share.

5 Oct 2018 11:18 AM IST

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI board approves issuance of preferential shares to LIC

The government has already approved the proposal of LIC to increase the stake in IDBI Bank.

4 Oct 2018 3:03 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC not in a hurry to offload stake in IOC, GAIL

ONGC holds 13.77 per cent stake in oil refiner IOC and 4.86 per cent in gas utility GAIL India.

2 Oct 2018 2:29 PM IST