Twitter India to inform political parties, leaders about ad-ban decision

Twitter India to inform political parties, leaders about ad-ban decision Political ads account for only 2 percent of Twitter India’s annual revenue of $40 million , sources say.

Bajaj Auto records #39;highest-ever retail sales in Oct#39;, but Nov may not be the same

Bajaj Auto records #39;highest-ever retail sales in Oct#39;, but Nov may not be the same After the festival season, sales typically tend to fall.

Escorts tractor October sales up 1.6% at 13,353 units

Escorts tractor October sales up 1.6% at 13,353 units The company had sold a total of 13,140 units in the same month last year, Escorts Ltd said in a regulatory filing.

MG Motor India sells 3,536 units of SUV Hector in October

MG Motor India sells 3,536 units of SUV Hector in October The company had temporarily suspended bookings in July after receiving orders for around 21,000 units. It re-opened bookings on September 29 with plans, backed by its plans to ramp up production.

Cognizant layoffs: IT/ITeS worker union calls for unionisation of Indian tech workers

Cognizant layoffs: IT/ITeS worker union calls for unionisation of Indian tech workers Cognizant in its earnings call said that the company is looking at a net reduction of 7,000 employees at the mid-to-senior level to pare down cost

Bajaj Auto October sales fall 9% to 4.63 lakh units, but beat analyst estimates

Bajaj Auto October sales fall 9% to 4.63 lakh units, but beat analyst estimates Month-on-month basis, total sales increased 15.2 percent, pushed up by festival demand and higher discounts.

Cognizant layoffs: IT/ITeS worker union calls for unionisation of tech workers

Cognizant layoffs: IT/ITeS worker union calls for unionisation of tech workers Cognizant in its earnings call said that the company is looking at a net reduction of 7,000 employees at the mid-to-senior level to pare down cost

Weekly Tactical Pick: RITES – A blend of attractive growth valuation

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Top 10 best-performing CEOs in the world 2019: Three Indian-origin bosses make it to the list

Top 10 best-performing CEOs in the world 2019: Three Indian-origin bosses make it to the list Three Indian-origin chief executives have made their way to the top 10. Interestingly, all three are CEOs of top IT firms in the US.

10 highest-paid influencers on Instagram: With $47.8 million in earnings Ronaldo beats Messi

10 highest-paid influencers on Instagram: With $47.8 million in earnings Ronaldo beats Messi These celebrities are ranked by their annual average income as influencers on Instagram.

SEBI invites bids to provide outsourced staff, security guards for office

SEBI invites bids to provide outsourced staff, security guards for office In two separate notices inviting applications from the interested parties, the Securities and Exchange Board of India (Sebi) said the services would be required at the regulator#39;s western regional office in Ahmedabad, Gujarat.

Maruti WagonR, Hyundai Santro score only 2-star in crash test Global NCAP

Maruti WagonR, Hyundai Santro score only 2-star in crash test Global NCAP #39;The results highlight significant differences in adult occupant protection in cars that meet the latest Indian government vehicle technical regulations,#39; Global NCAP said.

IndiGo becomes member of global airlines body IATA

IndiGo becomes member of global airlines body IATA The announcement came after IndiGo#39;s expansion of international flight operations this year wherein it connected India with countries such as Turkey, Vietnam, Myanmar and China.

SpiceJet overtakes Blue Dart in air cargo, IndiGo well ensconced at top

SpiceJet overtakes Blue Dart in air cargo, IndiGo well ensconced at top IndiGo had a market share of nearly 34 percent in the domestic cargo market in August this year, compared to 23 percent in the same period last year.

Reliance Jio refutes COAI stance on industry in a letter to Telecom Minister Ravi Shankar Prasad

Reliance Jio refutes COAI stance on industry in a letter to Telecom Minister Ravi Shankar Prasad In a press release, Jio has refuted the Cellular Operators#39; Association of India stance that the telecom industry will collapse without any support from the government.

Good news for job seekers: Manufacturing, services firms open to hiring apprentices

Good news for job seekers: Manufacturing, services firms open to hiring apprentices As per a report, around 89 percent of the employers preferred six months to a year-long tenure rather than short duration apprentices.

Chinese officials say they have doubts if trade deal possible with Trump: Report

Chinese officials say they have doubts if trade deal possible with Trump: Report Chinese officials have told visitors to Beijing and others in private conversations that China will not budge on the thorniest issues, the report said.

Auto sector#39;s contribution to GDP may slip to 7% this fiscal: Acuite Ratings

Auto sector#39;s contribution to GDP may slip to 7% this fiscal: Acuite Ratings As per Acuite Ratings Research, the total domestic sales of the automobile industry, including, passenger vehicles, commercial vehicles, two wheelers and three wheelers, were expected to decline by 6-7 per cent this fiscal as compared with 2018-19 to around 25 million units.

Indian car buyers turn less price conscious; emphasise on vehicle styling: JD Power

Indian car buyers turn less price conscious; emphasise on vehicle styling: JD Power As per the study by the global consumer insights and advisory services provider when it comes to sales satisfaction Hyundai ranked the highest followed by Mahindra Mahindra and Toyota.

Pradhan Mantri Jan Suraksha Yojana enrollments see pickup; 14.7 million enrollments in H1

Pradhan Mantri Jan Suraksha Yojana enrollments see pickup; 14.7 million enrollments in H1 The insurance scheme saw some stagnation in FY18 and FY19 but enrollments picked up again from April 2019 onwards.

Centre plans 100 new airports by 2024 to boost economic activity: Report

Centre plans 100 new airports by 2024 to boost economic activity: Report The government has committed Rs 1,000 crore as an investment to build airports over the next five years

Indian car buyers becoming less price conscious; more emphasis on vehicle styling: JD Power study

Indian car buyers becoming less price conscious; more emphasis on vehicle styling: JD Power study As per the study by the global consumer insights and advisory services provider when it comes to sales satisfaction Hyundai ranked the highest followed by Mahindra Mahindra and Toyota.

Cadila Healthcare gets EIR from USFDA for Baddi facility

Cadila Healthcare gets EIR from USFDA for Baddi facility "The company#39;s formulations manufacturing facility located at Baddi, India, has received an EIR. The United States Food and Drug Administration (USFDA) had conducted an inspection at the facility from July 15 to 19, 2019," Cadila Healthcare said in a filing to BSE.

Consortium which includes Haldiram may buy Lavasa for Rs 2,046 crore: Report

Consortium which includes Haldiram may buy Lavasa for Rs 2,046 crore: Report A consortium comprised of Haldiram, Pioneer Factor IT Infradevelopers, and Sansar Property, has offered to purchase 100 percent of Lavasa for Rs 2,046 crore.

Amazon delivers supplies to restaurants ahead of food delivery launch

Amazon delivers supplies to restaurants ahead of food delivery launch Restaurants are getting supplies at discounted prices at their doorstep. They will have to pay a lower commission on each order, will get inventory management, and of course, their food delivered through Amazon.

PMC Bank crisis | RBI asks Mumbai Police to seek court nod to start liquidation: Report

PMC Bank crisis | RBI asks Mumbai Police to seek court nod to start liquidation: Report The administrator appointed by the central bank will receive the asset hand over to further the liquidation process.

Over 100K DHFL FD holders at risk as audit shows fund diversions: Report  

Over 100K DHFL FD holders at risk as audit shows fund diversions: Report   More than 100,000 fixed deposit (FD) holders, a large number of whom are retirees who invested their life savings, are expected to be impacted.

SBI savings account holders to get lower rates

SBI savings account holders to get lower rates SBI is set to cut the interest rate on savings accounts with a balance of up to Rs 1 lakh by 25 bps

PMC Bank crisis | RBI asks Mumbai Police to seek court nod to start liquidation process of assets: Report

PMC Bank crisis | RBI asks Mumbai Police to seek court nod to start liquidation process of assets: Report The administrator appointed by the central bank will receive the asset hand over to further the liquidation process.

4th PW incident in a week at IndiGo: Plane returns to Kolkata after mid-air engine stall

4th PW incident in a week at IndiGo: Plane returns to Kolkata after mid-air engine stall On three consecutive days from October 24 to 26, IndiGo had three in-flight PW engine shutdowns, compelling the aviation regulator DGCA to visit the airline#39;s premises on Monday to review the maintenance and safety data.

Nalco gets awards for CSR project #39;Nalco Ki Ladli#39;

Nalco gets awards for CSR project #39;Nalco Ki Ladli#39; Basant Kumar Thakur, Director (HR), NALCO received the Award from Union Minister of State for Finance Anurag Singh Thakur at a glittering ceremony in New Delhi on Tuesday, a company statement said.

Control Print – Why investors should take this idea seriously

Control Print – Why investors should take this idea seriously Given the healthy first half, long-term prospects of the business and attractive valuations, investors should continue to repose faith in the company

Countries with the highest inflation: In this nation, residents pay 5 million for just 5 tomatoes

Countries with the highest inflation: In this nation, residents pay 5 million for just 5 tomatoes When inflation in a country goes out of control, it can jeopardise the overall health of the economy. Here are 10 countries that had the highest inflation rate in 2018.

Not sought debt recast from any lender; continue to pay dues in timely-manner: Vodafone Idea

Not sought debt recast from any lender; continue to pay dues in timely-manner: Vodafone Idea Vodafone Idea categorically denied and dismissed speculations in certain quarters that nearly Rs 40,000 crore of potential statutory dues has compelled the company to explore a debt revamp as "baseless and factually incorrect".

United Bank of India Q2 net profit of Rs 124 cr as bad loans fall substantially

United Bank of India Q2 net profit of Rs 124 cr as bad loans fall substantially The lender#39;s total income rose to Rs 3,013.74 crore in the September 2019 quarter, compared with Rs 2,600.47 crore earned in the corresponding period of the previous financial year, the bank said in a regulatory filing on Wednesday.

Consumers benefit as LED bulb prices crash while companies stare at muted growth

Consumers benefit as LED bulb prices crash while companies stare at muted growth LED prices have dropped to as low as Rs 60-65 over the past one year from Rs 80 earlier

Reliance General Insurance scraps IPO plan; withdraws offer documents

Reliance General Insurance scraps IPO plan; withdraws offer documents The initial public offering (IPO) was slated for fresh issue of shares worth Rs 200 crore, besides an offer of sale of 79,489,821 shares by Reliance Capital.

Govt#39;s Rs 15,000 cr soft loan scheme to sugar mills moving at snail#39;s pace: Industry experts

Govt#39;s Rs 15,000 cr soft loan scheme to sugar mills moving at snail#39;s pace: Industry experts The objective was to help millers in clearing cane arrears and divert surplus sugar for ethanol manufacturing.

Crude oil futures slipped 0.53% in afternoon trade, Fed decision awaited

Crude oil futures slipped 0.53% in afternoon trade, Fed decision awaited The value of November and December contracts traded so far is Rs 1,443.48 crore and Rs 17.61 crore, respectively

Diwali sales picked up, but later than expected: Kishore Biyani

Diwali sales picked up, but later than expected: Kishore Biyani Talking about the fashion segment, Biyani said: "Last year also fashion was good for us. So we are finding a huge base of growth of 18-20 percent, but I believe fashion would have grown in double-digits for us."

IndiGo#39;s $33B Airbus deal: A few questions to ponder on

IndiGo#39;s $33B Airbus deal: A few questions to ponder on The company hasn#39;t shared the delivery schedule, engine make or the purchase model for the new order

Diwali sales picked up later than expected: Kishore Biyani

Diwali sales picked up later than expected: Kishore Biyani Talking about the fashion segment, Biyani said: "Last year also fashion was good for us. So we are finding a huge base of growth of 18-20 percent, but I believe fashion would have grown in double-digits for us."

Reliance General Insurance scraps IPO plan; withdraw offer documents

Reliance General Insurance scraps IPO plan; withdraw offer documents The initial public offering (IPO) was slated for fresh issue of shares worth Rs 200 crore, besides an offer of sale of 79,489,821 shares by Reliance Capital.

Uber Money to launch in India in summer next year

Uber Money to launch in India in summer next year The cab-hailing company plans to provide a UPI-based full-stack payments and credit offering to its riders and drivers.

Piramal Enterprises seeks shareholders#39; nod to raise Rs 1,750 cr from Canadian investor

Piramal Enterprises seeks shareholders#39; nod to raise Rs 1,750 cr from Canadian investor In a notice for an extraordinary general meeting to be held on November 25 in Mumbai, the company said it required additional funding for various purposes, including general corporate purposes, in view of its future outlook, growth targets and prospects.

Finance Ministry invites applications for two IRDAI member posts

Finance Ministry invites applications for two IRDAI member posts Minimum age eligibility is 50 years for applying for the actuary and distribution member posts

Markets | Sensex hits 40k for the first time since July. False dawn or new hope?

Markets | Sensex hits 40k for the first time since July. False dawn or new hope? The key question is, whether this confidence in no more earnings downgrades is justified by the state of the economy? The answer is a resounding no.

Two-year reprieve to telcos on spectrum dues unlikely as govt. firm on fee collection: Report

Two-year reprieve to telcos on spectrum dues unlikely as govt. firm on fee collection: Report Vodafone Idea had in September approached the Department of Telecommunications (DoT) Secretary Anshu Prakash to request the moratorium for spectrum dues

Exclusive | Govt may float ‘amnesty’ scheme for unaccounted gold; set up gold board: Sources

Exclusive | Govt may float ‘amnesty’ scheme for unaccounted gold; set up gold board: Sources The broad contours of the plan, to be announced shortly, are that individuals be allowed to disclose unaccounted gold beyond a certain threshold and pay taxes on the disclosed value

Exclusive: Govt may float ‘amnesty’ scheme for unaccounted gold; set up gold board: Sources.

Exclusive: Govt may float ‘amnesty’ scheme for unaccounted gold; set up gold board: Sources. The broad contours of the plan, to be announced shortly, are that individuals be allowed to disclose unaccounted gold beyond a certain threshold and pay taxes on the disclosed value

Siemens to expand Chennai engineering centre

Siemens to expand Chennai engineering centre GECC Chennai will add talented people as business expands, growing from the current manpower of 85 people to over 100 by end of this year and 200 in the next one to two years, Elangovan Karuppiah, Executive Vice President of Siemens Pte Ltd, said.