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Sensex rebounds 123 points in opening trade on Asian cues

The benchmark BSE Sensex recovered by over 123 points in early trade today, halting its three- session falling streak on fresh spell of buying in rece...

Sensex succumbs to late sell-off; auto, IT slip

Benchmark Sensex ended marginally lower in volatile trade today after cautious investors trimmed their portfolios ahead of corporate results despite f...

Apple acquires Canadian software startup Buddybuild

Apple has acquired a Canadian software startup named Buddybuild in its efforts to woo app developers. The deal was reported by TechCrunch and BuddyBui...

Marketing VP Kanika quits Snapdeal to join a consulting firm

Snapdeal's marketing vice president Kanika Kalra who spearheaded the e-commerce firm's 'Unbox Zindagi' brand change campaign has quit to join consulti...

Cabinet to approve mandatory use of jute gunny bags to pack food grains today

The Cabinet is likely to approve today a proposal for mandatory use of jute gunny bags or sacks to pack food grains such as wheat, rice and other food...

RBI bonds scheme not closed: Finance Ministry

Finance Ministry today said RBI Bonds Scheme has not been closed but the interest rate on such papers lowered to 7(point)75 per cent.Economic Affairs ...

Sensex rises 158 points in early trade

The benchmark Sensex staged a strong come back in early trade today gaining over 158 points on widespread buying by participants in banking, auto, pha...

Rupee retreats from 2 -1/2 year high

The rupee retreated from 2-1/2 year high level to trade lower by 8 paise at 63.56 against the US currency in opening session on some dollar buying by ...

Sensex marginally up 9 points in late morning

The benchmark Sensex was trading flat in late morning deals, slightly up by 9 points on mild bouts of buying in energy, IT, auto and power sectors des...

SBI cuts base rate by 30 basis points

The State Bank of India on Monday reduced the base rate and benchmark prime lending rates by 30 basis points each, which will benefit nearly 80 lakh c...

Core sectors' growth hits over 1-year high of 6.8% in November

Eight core sectors expanded at the fastest pace in more than a year at 6 point 8 percent in November 2017 on account of robust performance in segments...

Snapchat CEO throws $4 mn party on NY’s Eve

San Francisco: Snapchat might be facing a tough time due to intense competition from Instagram, but when it comes to partying, the company has no riva...

Salil Parekh Set To Take Over As Infosys CEO Tomorrow

Salil Parekh is all set to take charge as Infosys CEO tomorrow as the over $10 billion company looks to bring back the focus on revenue growth and bus...

Rupee climbs 15 paise against US dollar

The rupee rose by 15 paise against the US dollar to trade at 63.72 in late morning deals on dollar selling by banks and exporters.The rupee opened mar...

Sensex advances 30 points

Stocks were flat in a choppy trade during morning session with the benchmark BSE Sensex advancing by 30 points in absence of cues as financial markets...

India is 2nd fastest growing major economy in 2017 in world: Arun Jaitley

Finance minister Arun Jaitley said that despite the slowdown in 2016-17, as per the IMF, India was the fastest growing major economy in 2016 and...

Govt cautions people against risks in investing in Virtual Currencies

Finance Ministry cautioned people dealing in virtual currencies saying these are not legal tender and have no protection. Noting that there has been a...

Government issues Ponzi scheme alert over cryptocurrencies

The finance ministry has warned these currencies are vulnerable to hacking due to the fact they are stored in electronic format and suffer potential m...

Gold breaks above $1,300/0z , on way to best year since 2010

Gold hit its highest in two and half months on Friday and remained on track for its biggest annual rise since 2010 as a wilting dollar, political tens...

IDBI Bank gets ₹2,729 crore capital from government

Public sector IDBI Bank has received capital infusion of ₹2,729 crore from the government.“The government has on December 29, 2017 infused share appli...

Jeff Bezos tops on Forbes' biggest billionaire gainers list

Amazon’s CEO and founder Jeff Bezos added USD 34 billion in 2017, one-third of his total wealth today, becoming the topper in the list of the Biggest ...

Mega deal between Ambanis to help Reliance Jio take on Bharti Airtel

Reliance Jio is expected to intensify its fight with rival telco Bharti Airtel as the Mukesh Ambani-owned company buys out key assets from Anil Ambani...

SoftBank-led consortium to buy 17.5% stake in Uber

SAN FRANCISCO: A consortium led by SoftBank Group will buy a large number of shares of Uber Technologies in a deal that values the ride-services firm ...

Cancer-causing asbestos found in Claire's cosmetics for children, pulled off shelves

Popular jewellery and accessory maker Claire's has stopped the sale of some of its makeup products after a television news report revealed that its co...

Facebook scraps the test asking users to sign up with Aadhaar names

World’s largest social networking site Facebook has scrapped a new test feature in which it asked people to use the name they had provided on their Aa...

SEBI defers norms for loan default disclosure by listed firms

Securities and Exchange Board of India - SEBI said that further discussion is needed on its proposed norms mandating listed companies to make immediat...

Rupee gains 10 paise against dollar

The rupee gained 10 paise against the US dollar to trade at 63.98 in early session on selling of the US currency by exporters and banks.The dollar was...

Sensex moves up 110 points as Jan F&O series takes off

Stocks were off to a positive start in the final trading session of 2017, with the benchmark Sensex gaining 110 points and the NSE Nifty crossing the ...

Apple apologises after outcry over slowed iPhones

Facing lawsuits and consumer outrage after it said it slowed older iPhones with flagging batteries, Apple Inc is slashing prices for battery replaceme...