Sensex Rallies Over 250 Points, Nifty Above 10,550

Share Market on Tuesday: Ahead of its second quarter earnings, Infosys (up 0.69 per cent) traded flat. Stock Market on Tuesday: Thirty seven out of 50 Nifty stocks traded with gains. The stock markets started Tuesday’s trading session on a firm note after the trade deficit for September hit a five-month low. The S&P BSE […]

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AirAsia India Appoints Tata Steel’s Sunil Bhaskaran As CEO

AirAsia India airline is a joint venture between Tata Sons and Malaysia’s AirAsia Berhad. Bhaskaran’s appointment would be effective from November 15, AirAsia India said. New Delhi: No-frills airline AirAsia India has appointed Tata group veteran Sunil Bhaskaran as chief executive officer and managing director, according to a release. The airline is a joint venture […]

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“All Sellers Treated Equally”: Amazon India Says No Preferential Treatment To Select Merchants

Amazon has scheduled its Great Indian Festival sale over October 10-15 and Flipkart’s Big Billion Days sale is scheduled for October 10-14. Amazon India denied accusations that it favours select merchants and brands BENGALURU/MUMBAI: HIGHLIGHTS Amazon India denies accusations that it favours select merchants, brands Lobby group AIOVA alleges Amazon India favours sellers such as […]

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Hero Electric To Launch New Products This Financial Year

The most anticipated launch could be the high-speed electric scooter which Hero Electric has codenamed AXLHE-20. Hero Electric’s upcoming offering is likely to be the company’s flagship scooter PROMOTED Ezip Ezip_012 Bike Crash Guard Rope(Royal Enfield) ₹ 290 Flipkart Currently, Hero Electric is one of the leading electric two-wheeler manufacturers in India. And although the […]

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Amazon Increases Minimum Wage For Employees

Amazon said it would increase its minimum wage for all full-time, part-time, temporary and seasonal employees. The increase pushes Amazon’s lowest wage above that at Walmart Inc and Target Corp Amazon.com Inc said on Tuesday it would raise its minimum wage to $15 per hour for US employees from next month, bowing to criticism of […]

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Sensex Closes 218 Points Lower, Nifty Settles Below 11,000

Top laggards on the 50-scrip Nifty index were Yes Bank, Indiabulls Housing Finance, Bajaj Finance, Bajaj Finserv and Maruti Suzuki India. Stock markets moved lower amid cautious trade on Thursday, a day marked with expiry of the monthly derivatives contracts. BSE benchmark index Sensex shed 218 points to close at 36,324, while the broader NSE […]

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Infosys Asked To Pay Ex-CFO Over Rs. 12 Crore As Severance: 10 Points

Infosys Ltd said on Tuesday an arbitration tribunal has ruled in favour of former chief financial officer Rajiv Bansal’s disputed severance package. Infosys co-founder Narayana Murthy had objected to the payout to Rajiv Bansal. Infosys said on Monday that a tribunal has ruled in favour of ex-chief financial officer (CFO) Rajiv Bansal’s severance package, rejecting […]

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