Business

Infosys Forecasts Revenue To Rise By 6% To 8% In FY19

Infosys' net profit rose 2.4% to Rs 3,690 crore.

Infosys on Friday forecast its revenue in the current fiscal year would rise by 6 to 8 percent as India's second-biggest software services exporter said it would pay shareholders a
Details
Category: Business

Write comment (94 Comments)

SBI Cards Can Help You Get Discounts At Big Bazaar Stores. Details Here

This offer cannot be clubbed with any other bank/card scheme offer at the stores.

State Bank of India (SBI) is offering 10 per cent discount on its RuPay debit cards on buying latest home appliances at Big Bazaar, informed country's largest lender on its official twitter handle- @TheOfficialSBI. SBI's offer on
Details
Category: Business

Write comment (94 Comments)

Retail Inflation Eases To 4.28% In March; Factory Output Grows 7.1%

The RBI last week lowered its inflation forecast for April-September to 4.7-5.1%

Retail or consumer inflation eased for the third straight month in March to 4.28 per cent, driven by lower food prices, as compared to 4.4 per cent
Details
Category: Business

Write comment (91 Comments)

March Exports Fall 0.7%, Trade Gap Widens

Trade deficit for the year ending in March widens to $156.8 billion from $105.72 billion in last.

New Delhi: Merchandise exports fell for the first time in five months in March and the trade deficit widened amid concerns over global trade and US moves to review a programme allowing duty-free imports of goods.

The US Trade Representative's Office

Details
Category: Business

Write comment (93 Comments)

Airtel Offers 30 GB Data Free Under Special Scheme. Details Here

Bharti Airtel said the offer will complement its 'Mera Pehla Smartphone' initiative

Bharti Airtel is offering 30 GB or gigabytes of mobile data free of cost to its customers upgrading to a 4G connection. Bharti Airtel - which
Details
Category: Business

Write comment (98 Comments)

Bitcoin Price Soars 11% To Two-Week High

Bitcoin was trading at $7,705, its highest level since March 29.

London: Cryptocurrency prices jumped on Thursday, led by a surge in bitcoin to two-week highs, with people active in the market citing a squeeze on traders who have bet against prices, given a lack of obvious news to trigger the gains.

On the Luxembourg-based Bitstamp exchange, bitcoin

Details
Category: Business

Write comment (94 Comments)

Mumbai: Fortis Healthcare Ltd said on Friday Malaysia's IHH Healthcare Berhad has offered to buy the company at Rs 160 ($2.45) per share, paving the way to a better bid than Manipal Hospitals.

Manipal Hospitals Enterprises Pvt Ltd offered to buy Fortis, which is among the country's largest hospital operators, at Rs 155 per share earlier this week.

Details
Category: Business

Write comment (95 Comments)

IRCTC or Indian Railway Catering and Tourism Corporation has announced a 10 per cent promotional discount to citizens on its Buddhist Circuit Tourist Train. Indian Railways offers several tourism packages such as the Buddhist
Details
Category: Business

Write comment (100 Comments)

The Government of India on Thursday named former bureaucrat Bhanu Pratap Sharma as the new chairman of the Banks Board Bureau that typically recommends senior executive appointments in the country's state-run banks.

Vedika

Details
Category: Business

Write comment (95 Comments)

New Infosys CEO Delivers In His First Quarter, Profit At Rs 3,690 Crore

This is the first full quarterly numbers under Infosys's new CEO, Salil Parekh

Infosys, India's second biggest outsourcer, today reported earnings for the fourth quarter ended March 31, 2018. This is the first full quarterly numbers under its new CEO Salil Parekh, who took charge of the Bengaluru-based IT major in
Details
Category: Business

Write comment (92 Comments)

SBI Savings Bank Accounts For Minors Explained In 10 Points

SBI's 'Pehla Kadam' and 'Pehli Udaan' are SBI's banking products launched specially for minors.

Customers can now acquaint their children with modern-day banking with State Bank of India (SBI) Savings accounts, Pehla Kadam and
Details
Category: Business

Write comment (94 Comments)

Public Provident Fund Partial Withdrawal, Loan Facilities: 10 Points

Currently, PPF accounts fetch an interest rate of 7.6% per annum (compounded yearly)

With a minimum deposit requirement of Rs 500 and a maximum of Rs 1.5 lakh, PPF or Public Provident Fund remains one of the most popular small
Details
Category: Business

Write comment (99 Comments)

Gold Loses Rs 32,000 Mark, Silver Sheds Rs 250: 5 Things To Know

Gold is often used as store of value in times of political and financial uncertainty, and vice-versa

Gold prices declined by Rs 350 per 10 grams in Delhi on Friday, hurt by a fall in local demand despite a rise in global prices,
Details
Category: Business

Write comment (91 Comments)

Nifty Reclaims 10,500, Infosys Rises Ahead Of Q4

The Sensex was up nearly 100 points while Nifty edged closer to 10,500 mark.

Sensex and Nifty moved higher today amid a rebound in global stocks as trade and geopolitical worries ebbed. In global markets, the investor sentiment
Details
Category: Business

Write comment (95 Comments)

How To Redeem Sodexo Coupons To Pay Via JioMoney

Consumers can add Sodexo Meal Card balance to JioMoney app and start transacting on-the-go.

Reliance Jio has said it will now enable users to redeem Sodexo coupons via mobile wallet JioMoney. Sodexo offers employee benefits and
Details
Category: Business

Write comment (95 Comments)

Rs 20 Crore Of Bitcoins Stolen In India's Biggest Cryptocurrency Heist

Around 438 bitcoins were siphoned off to an unknown destination on the internet, said Coinsecure.

New Delhi: Coinsecure, an Indian cryptocurrency exchange, said nearly $3 million or Rs 19,57,05,000 were stolen from its bitcoin wallet, the biggest reported so far in the country's fledgling virtual currency market.

The theft is expected to further

Details
Category: Business

Write comment (94 Comments)

Petrol Prices Drop For Second Day, Diesel Prices Hiked Marginally

Petrol and diesel prices in the country are determined broadly by the global crude oil rates

Petrol prices and diesel prices were changed marginally on Friday. With that, while petrol prices came down for a second straight day, diesel prices returned to Wednesday's levels. Effective 6 am, Friday, petrol

Details
Category: Business

Write comment (90 Comments)

Notes Ban Wasn't A Good Idea, Not Well-Planned, Says Raghuram Rajan

Most estimates of the cost of notes ban vary between 1.5-2% of GDP, said Raghuram Rajan.

New York: RBI's former governor Raghuram Rajan has said that he had made it quite clear to the government that demonetisation was "not a good idea" and that its implementation was "not well-planned" since 87.5 per cent of the currency was being demonetised.

On

Details
Category: Business

Write comment (90 Comments)

Investing Like This Wealth Fund May Help You Make Money, Says Author

Norway's sovereign wealth fund tends to always buy stocks, even when markets are low.

Oslo: Norway's sovereign wealth fund has lessons for retail investors according to a book out this week: Think long-term, don't sell when stocks markets go down and be mindful of your home biases.

The fund invests revenues from the Nordic country's oil and gas

Details
Category: Business

Write comment (97 Comments)

New Infosys CEO Salil Parekh's First Report Card Today: 5 Points

This will be Infosys' first full quarterly earnings announcement under its new CEO Salil Parekh

Infosys, India's second biggest outsourcer, will report its earnings for the fourth quarter ended March 31, 2018.  This will be the first full quarterly numbers under its new CEO Salil Parekh, who took charge of the
Details
Category: Business

Write comment (94 Comments)

Delhi-Katihar New Humsafar Express Train: Schedule, Stations And More

The new Champaran Humsafar Express train will comprise sixteen AC three-tier coaches

Indian Railways has introduced a new train between Delhi and Katihar (Bihar). The new train, called Champaran Humsafar Express, belongs to the
Details
Category: Business

Write comment (95 Comments)

2 GB Data Per Day Prepaid Recharge Plans: Airtel Vs Reliance Jio

Reliance Jio and Airtel offer prepaid recharge plans that spoil the consumer for choices.

Sunil Mittal-led Bharti Airtel and Mukesh Ambani-owned Reliance Jio offer competitive prepaid recharge plans. Both the telecom operators offer packs that spoil the consumer for choices. Airtel, the largest telecom operator of
Details
Category: Business

Write comment (95 Comments)

Railway Ticket Online Reservation: Latest Rules About Ticket Booking

Online train ticket booking: Maximum of six tickets a month can be booked by a user from one user ID

A passenger can make advance reservations online through the IRCTC portal, which is the e-ticketing arm of Indian Railways.
Details
Category: Business

Write comment (98 Comments)

Petrol, Diesel Prices Changed Marginally. Latest Prices In Top Metros

Petrol and diesel prices are currently revised at 6 am every day

Petrol and diesel prices were marginally lowered on Thursday. Effective 6 am, April 12, petrol retailed at Rs 73.94 per litre in Delhi, Rs 76.65 per litre in
Details
Category: Business

Write comment (94 Comments)

Sensex Clocks Longest Winning Streak Since November

Excluding banks, expectations for March-quarter results are positive: Analysts

The BSE Sensex rose for a seventh straight session on Friday, marking its longest winning streak since November 2017, on the back of gains in index
Details
Category: Business

Write comment (94 Comments)

SBI Electronic Fixed Deposits (FDs): Interest Rates, Tenure, Details

State Bank of India (SBI) revised interest rates on fixed deposits with effect from 28.03.2018.

State Bank of India (SBI) offers attractive interest rates on fixed deposits (FDs). Fixed deposit, a popular savings instrument
Details
Category: Business

Write comment (92 Comments)

Nifty Settles Above 10,450; TCS, Infosys, HCL Tech Shares Surge

TCS and HCL Tech shares rose over 4 per cent.

Overcoming early wobble, Sensex and Nifty moved higher on Thursday, extending their gains into a sixth session. Leading the gains were IT stocks, which rose sharply higher today. Some
Details
Category: Business

Write comment (96 Comments)

GoAir Flight Tickets From Rs 1,566, Other Offers Explained

GoAir is offering up to Rs 2,000 value back on its domestic flight tickets under its 'Summer offer'.

Amid high competition in the airline sector, GoAir is offering many promotional schemes to attract passengers through discounted
Details
Category: Business

Write comment (96 Comments)

What Presidential Suite Of Maharajas' Express Offers (Pics Inside)

The presidential suite is a grand cabin of 448 sq. ft of area on the Maharajas' Express.

A lavish king-size double bed, a royal living room, and dedicated butlers at your beck and call - welcome to the presidential suite of the
Details
Category: Business

Write comment (100 Comments)

Airtel's 'Best-Selling Unlimited Packs' Compared

Voice calls are unlimited but the validity of these prepaid recharge plans of Airtel vary.

Bharti Airtel, the largest telecom operator in the country, has five 'best-selling unlimited packs', according to its website - airtel.in.
Details
Category: Business

Write comment (92 Comments)