Business

Air Deccan To Start Operations On These Flights From May 1

Air Deccan in December 2017 restarted scheduled air services after a gap of nearly a decade

An Air Deccan flight from Agartala, Tripura, landed at the Umroi Airport (Shillong, Meghalaya) on Thursday. The flight was operated on a
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TCS (Tata Consultancy Services) Adds New Office In Texas, US

Texas is a key US business hub for TCS, with more than 3,500 employees currently working across the state

Mumbai: IT bellwether Tata Consultancy Services (TCS) on Thursday said it has added a third office in Texas as part of its agreement with US insurance company Transamerica, which will add more than 200 new employees.

The IT major said it will

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Former Aircel Promoter's Companies Booked In Rs 600-Crore Loan Fraud

C Sivasankaran allegedly took a loan of Rs 530 crore in February 2014

New Delhi: The CBI has registered a case against former Aircel promoter C Sivasankaran's companies, Axcel Sunshine Ltd and Finland-based Win Wind Oy, for allegedly defaulting on loans worth Rs 600 crore taken from IDBI Bank, officials said on Thursday.

They said the agency is

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Airtel's Rs 219 Plan Offers Free Hello Tune, Data, Calling Benefits

Airtel's Rs 219 prepaid recharge plan is valid for 28 days.

To take on competitor Reliance Jio, Bharti Airtel announced a new prepaid recharge plan priced at Rs 219 with 1.4GBs or gigabytes of 3G/4G per day data for a period of 28 days, along with free 'Hello Tune' benefit. Airtel's all-new Rs 219 prepaid recharge plan also offers calling and SMS
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New EPFO Service: You Will Be Notified If PF Money Not Getting Deposited

Umang is the only official app for accessing EPFO services.

Employees whose monthly EPF or Employee Provident Fund contributions are not deposited by their employers will get intimated by the EPFO or Employees' Provident Fund
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Gold To Stay Stubbornly Solid Through 2018 As Silver Outperforms: Poll

The average gold price prediction stood at $1,334 an ounce

London: Banks and brokerages expect a largely flat gold market over the rest of 2018 after a stubbornly uneventful few months, a Reuters poll showed on Thursday, returning a forecast for the full year just a couple of dollars from its average price.

A better performance is forecast for

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Most of the attention that's been paid to new rules requiring companies to publish a comparison between CEO and worker pay has focused on one number: The pay ratio. Headlines have zeroed in on high multiples - at Walmart, the CEO makes 1,188 times the median worker; at Mattel, the figure is 4,987 to 1 - or on the
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Deepak Kochhar Gets Fresh Tax Notice In Videocon Case

The taxman had earlier sought details from Deepak Kochhar in his capacity as MD of NuPower Renewables

New Delhi: The Income Tax Department has issued a fresh notice to Deepak Kochhar, the husband of ICICI Bank MD and CEO Chanda Kochhar, in connection with its tax evasion probe with links to the ICICI Bank-Videocon loan case, officials said.

They

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Sensex, Nifty Rise To Over 2-Month Highs, Yes Bank Surges 8%

FMCG heavyweights HUL and ITC rose 2 per cent and 1.5 per cent respectively.

Sensex and Nifty rose amid a volatile session today, ending at over two-month highs. The Sensex ended 212 points higher at 34,713 while Nifty settled at 10,617, up 47 points. Gains in banking, FMCG and IT stocks supported the upmove today. Shares of Yes Bank surged 8 per
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Fewer H-1B Visas Used By Indian IT Firms, More Going To US Firms: Report

H-1B visa, most sought after by Indian IT professionals, is a work visa issued by the US government

Indian IT majors TCS, Infosys, Wipro and Tech Mahindra bagged 6,973 H-1B visa approvals in financial year 2017, a mere 39 per cent among the top 10 employers in terms of H-1B visa approvals. This is one of the
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SBI Pradhan Mantri Jeevan Jyoti Bima Yojna: Here's All You Need To Know

State Bank of India (SBI)'s PMJJBY scheme: Members may also give a one-time mandate for auto-debit.

State Bank of India (SBI) provides an online facility that enables individuals to subscribe to Pradhan Mantri Jeevan Jyoti Bima
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It's Jio Vs Airtel For Apple Watch Series 3 Customers

Apple Watch Series 3 is the third-generation of Apple Watch

Apple Watch Series 3, the third generation of Apple Watch by US-based Apple Inc, will be sold online by Indian companies Bharti Airtel and Reliance Jio from May 11. Both
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Axis Bank Share Surges Over 5% Today Despite Reporting First-Ever Loss

For the March quarter, Axis Bank's loans grew 18 per cent

Shares of Axis Bank surged as much as 5.5 per cent today despite the private lender reporting its first ever quarterly loss on Thursday. Axis Bank's net loss was at Rs 2,189 crore for the fiscal fourth quarter to March 31, said the Mumbai-based bank, which was founded in 1993. Shares of Axis
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Lodha Developers Files For Rs 3,750 Crore-IPO

Bandhan Bank, which debuted in the market late March, raised as much as $691 million

Real estate firm Lodha Developers Ltd on Thursday filed for an initial public offering (IPO), expected to be one of the biggest stock market
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This Company's Rent Bill Is $18 Billion. Take A Look At The Empire

WeWork's general and administrative costs rose almost threefold in 2017

WeWork Cos. is tapping the bond market for the first time and in doing so, has provided a rare glimpse into the startling numbers behind its breakneck expansion. The co-working company, which is seeking $500 million to finance yet more growth,
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Nifty Reclaims 10,700 Amid Broad-Based Gains, Axis Bank Surges 4%

Adavances in banking and energy stocks led the gains in Sensex and Nifty

Sensex and Nifty moved higher on Friday amid broad-based gains. The Sensex rose over 250 points to 34,998 while Nifty reclaimed 10,700 levels. Banking, capital goods, auto and oil - gas stocks supported the gains while some weakness was seen in IT stocks. Among the Nifty50
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TCS Ends Trading Session With $100 Billion Mcap, 1st Indian Firm To Do So

At the close of trade TCS' market cap was at Rs 6,77,724.81 crore

New Delhi: IT bellwether Tata Consultancy Services (TCS) today became the first Indian company to close the trading session with over $100 billion market valuation.

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New York: Wall Street limped into positive territory on Wednesday on optimism over a spate of upbeat earnings that was nearly offset by jitters over rising U.S. bond yields and corporate costs.

The S-P 500 and the Dow Jones Industrial Average ended up after a choppy session, with the Dow ending a five-day losing streak, but the Nasdaq posted

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How Much Petrol, Diesel Prices Have Risen So Far This Month

Petrol and diesel prices are broadly determined by global crude oil and rupee-dollar exchange rates

There was no change in petrol and diesel prices today, a third day of steady rates. Currently, oil marketing companies - Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation -
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Axis Bank Posts Surprise Loss Of Rs 2,189 Crore in Q4

Analysts had on average expected a profit of Rs 514 crore rupees.

India's Axis Bank Ltd reported its first ever quarterly loss on Thursday after a surge in bad loans, capping a troubled year for the country's third-biggest
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Key Factors That Cause Gold Prices To Fluctuate: 7 Points

India is the second largest consumer of gold globally

Gold is often seen as a bet characterised with safety in times of elevated geopolitical or financial risks. Besides, gold also provides a good hedge against inflation. Financial experts advise a small allocation towards gold as a hedge towards volatility and uncertainty. Global gold prices,
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As air passenger traffic continues to register robust growth, many airlines have announced promotional schemes. From discounts on domestic as well as international flight tickets to new facilities, airlines operating in the Indian civil aviation market are all out to tap the high demand. These offers - ranging from
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Gold Price Falls On Strong Dollar, Higher US Treasury Yields

Higher yields on bonds make gold a less attractive investment because it pays no interest

New York/London: Gold slumped to a five-week low on Wednesday as the dollar jumped and US Treasury yields continued to rise on signs of US economic strength and an easing in the US-China trade conflict.

The benchmark US 10-year Treasury yield breached 3 per

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2019 Elections Could Be The Best Thing For Investors. Here's A Guide

Investors might hope for a repeat of the 2004 election when it comes to the impact on equities

Indian stocks have been roughed up along with most markets in recent months, but there could soon be reason to cheer. National elections are due by 2019, and modern history shows that tends to be a good thing for investors.

While Prime Minister Narendra

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Air Deccan To Begin Operations On These Routes From May 1

Air Deccan has conducted test flights to Agartala, Shillong and Dimapur

Kolkata: Low cost carrier Air Deccan, which conducted test flights to Agartala, Shillong and Dimapur on Thursday, will begin commercial operations from May 1 under the regional air connectivity scheme, an official said.

"We conducted test flight to Agartala, Shillong and Dimapur

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If you are still not investing anywhere, you may be wondering where all your monthly income disappears. And if you are one of those who keep hoarding money in savings bank accounts, you are certainly not going to get a good
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2019 Elections Could Be The Best Thing For Investors. Here's A Guide

Investors might hope for a repeat of the 2004 election when it comes to the impact on equities

Indian stocks have been roughed up along with most markets in recent months, but there could soon be reason to cheer. National elections are due by 2019, and modern history shows that tends to be a good thing for investors.

While Prime Minister Narendra

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IRCTC Online Train Ticket Booking: No Extra Charge For This Service

Besides this, IRCTC is also offering a host of tour packages across India.

Indian Railway Catering and Tourism Corporation (IRCTC) does not charge anything if you book via debit cards. IRCTC, a subsidiary of the Indian Railways
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Current Gold Rates: Gold Price Comes Down Marginally Today, Silver Falls

Gold is often preferred for safety in times of elevated geopolitical risks

Gold prices in Delhi declined marginally on Thursday. With that, gold prices in Delhi declined back to Rs. 32,400 levels. Domestic gold prices came down
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So Far This Year, Petrol Prices Up Over Rs 4.5/Litre, Diesel Rs 6/Litre

On Thursday, petrol retailed at Rs 74.63 per litre in Delhi while diesel was sold at Rs 65.93 per litre

Petrol and diesel prices today were kept unchanged for a second straight day. In Delhi, petrol still costs the most since September 2013 while diesel is at its highest level ever. In September 2013, petrol

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