Business

Beverages major Coca-Cola on Monday announced senior management reshuffle in Indian operations with Vice President Human Resources, Sameer Wadhawan given the responsibility to lead the newly created function of Franchise Capability and Business Transforma...

"You will be surprised because most of the banking or wallet apps around the world don't use hardware security. They actually run completely in Android mode and users password can be stolen.

The Asian Development Bank (ADB) on Tuesday trimmed its 2016 growth estimate for India to 7 per cent from the previous 7.4 per cent on account of demonetisation, weak investment and agricultural slowdown.

The rupee shed 6 paise to 67.48 against the US dollar in early trade on Tuesday at the Interbank Foreign Exchange following fresh demand for the American currency from banks and importers amid dismal output data for October.

Air India CMD Ashwani Lohani on Monday said the MRO sector is "growing very very fast" and that the market is "exploding".

The market uptrend went into the second day on Friday, with the Sensex spurting 53 points to bring up a fresh 1-month closing high of 26,747, in keeping with firming global indices amid investor optimism.

Indian giant Tata Steel on Wednesday made a 10-year commitment to a one-billion-pound investment plan as part of its crucial talks with steelworkers' unions to save thousands of jobs in the UK.

Union Minister M. Venkaiah Naidu on Monday said smuggling of fake Indian currency has come down substantially, from nearly Rs 44 crore in 2015 to around Rs 28 crore in the current year.

Reserve Bank Governor Urjit Patel is expected to again go in for a 0.25 per cent interest rate cut at its next policy review on Wednesday, with an aim to cushion the impact of demonetisation, a majority bankers feel.

The reduction by OPEC will be "1.2 million barrels per day, to bring its ceiling to 32.5 million barrels per day," Mohammed Bin Saleh Al-Sada told a news conference in Vienna.

It said economic activity will be hit in the October- December quarter because of the cash crunch created by withdrawal and replacement of 500 and 1000 rupee notes

Industrialist Nusli Wadia, who is independent Director on the Boards of Tata Steel and Tata Chemicals, also demanded an "independent investigation" into the allegations made by Tata Sons.

Harish Manwani (62), chairman of Hindustan Unilever Ltd (HUL), is in the reckoning to take on the chairmanship of Tata group where a battle rages between ousted chairman Cyrus Mistry and Tata Sons, the holding company of the Mumbai-based over USD 100-bill...

The statement further said, "We have received tentative approval from USFDA for Abacavir Sulfate and Lamivudine tablets, to market a generic version of ViiV Healthcare company's Epzicom tablets."

The Indian Railways on Tuesday announced that it would waive off service charges for E-tickets and I-tickets booked through Indian Railway Catering and Tourism Corporation Ltd (IRCTC) in a bid to encourage cashless transactions from November 23 to Decembe...

Banks are recalibrating ATMs and taking steps to ensure new notes are available to banking correspondents who function mostly in unbanked areas, ICICI Bank MD and CEO Chanda Kochhar said on Thursday.