Category Archives: Business

UK retail sales rebound as shoppers flock to January sales – business live

Time for a quick summary of the corporate news doing the rounds today: RBS said Brexit uncertainty has “gone on far too long”, as the bailed out bank reported a doubling of profits in 2018 and fresh dividend payouts that will hand the government £1bn Premier Foods has abandoned plans to sell-off Ambrosia, its custard and rice pudding brand, blaming the current business… Read More »

Starting your business? Here’s how you can use Facebook to grow

With a number of small businesses proliferating across the country, social media has emerged as a potent tool for startups to leverage its credibility to grow and expand. If done right your business can benefit a great deal from channels like Facebook, Instagram and Twitter etc. Slick and budget friendly, social media is the best way to reach… Read More »

IIM Ahmedabad completes cluster 1 placements; Accenture Strategy offers maximum jobs

Indian Institute of Management (IIM) Ahmedabad has completed the Cluster 1 of its final placement for the postgraduate programmes on February 8. Accenture Strategy made the highest number of offers (including pre-placement offers) at 24, closely followed by The Boston Consulting Group (BCG) that gave 20 offers in Cluster 1. The business school does not give out salary… Read More »

Interim budget directly benefits consumption and rural businesses

Prateek Pant The Interim Budget 2019 was cleverly presented laced with populist announcements for salaried & lower middle class and focused attempts on welfare of population at the bottom of the pyramid. A significant concern remains – widening fiscal deficit which will create pressure on inflation & currency thus keeping interest rates at elevated levels. The Indian economy… Read More »

IndoStar to buy CV finance business of IIFL Finance

Mumbai: IndoStarNSE 3.49 % Capital Finance Limited today signed a binding agreement to acquire the CV finance business of India InfolineNSE -8.88 % Finance Limited (IIFL Finance), a subsidiary of IIFL Holdings Limited. The acquisition includes the entire CV finance AUM of Rs. 3,949 crore as on December 31, 2018, comprising of Rs 2,450 crore of loan portfolio and Rs. 1,499 crore of securitisation… Read More »

Global businesses join hands for accelerating workplace inclusion of LGBTI community

By 2020, the project will enlist 50-100 companies from World Economic Forum members and beyond to join the Partnership for Global LGBTI Equality to implement UN LGBTI Standards. Global businesses join hands for accelerating workplace inclusion of LGBTI community  |  Photo Credit: Getty Images Davos: Global businesses led by giants like Microsoft and Mastercard have collaborated with the World Economic… Read More »

Viswasam Box Office Collection Day 12: Ajith’s movie continues impressive run; overtakes Petta in Malaysia, Sri Lanka

Ajith’s latest movie, Viswasam, after the 2017 hit Vivegam continues to prove why the superstar is one of the biggest names in Indian cinema. Released on the same day as Rajinikanth’s Petta, Viswasam has performed extremely well at the Indian and overseas box offices – it makes one think if Viswasam would have become an even bigger hit… Read More »

Nayara Energy to invest $850 mn to expand into petrochemical business

Russian oil giant Rosneft-led Nayara Energy on Friday unveiled a USD 850 million expansion plan for its Vadinar refinery in Gujarat, marking its foray into the petrochemical business. Nayara Energy, erstwhile known as Essar Oil, operates a 20 million tonnes a year oil refinery at Vadinar. In the first phase, the company plans to set up a 450,000… Read More »

Bihar bans fish business in Patna after formalin scare, vendors protest

The Bihar health department has banned sale, transport and storage of fish in the Patna municipal area for the next 15 days after a test revealed presence of harmful chemicals in samples (Representative Photo)(HT Photo) Bihar’s health department Monday banned, with immediate effect, the business, sale, transportation and storage of all kinds of fish, dead or alive, within… Read More »

NDTV hits the roof after Rs 300 cr deal with Taboola

New Delhi Television hit an upper circuit limit of 10% to Rs 39.25 at 11:09 IST on BSE after NDTV Convergence announced Rs 300 crore deal with Taboola. The announcement was made before trading hours today, 21 December 2018. Meanwhile, the S&P BSE Sensex was down 375.90 points, or 1.03% to 36,055.77. On the BSE, 13,000 shares were… Read More »