Business

The private sector lender said that it is already live with 50 terminals and will reach the 125 mark in the "next couple of weeks" as part of the first phase of implementation.

Market benchmark Sensex surged about 170 points in early trade on Wednesday, building on its Tuesday's recovery, as investors and domestic institutions widened their bets amid positive global cues.

Upping the ante, Tata Consultancy Services (TCS) on Monday charged its estranged chairman Cyrus Mistry with causing "enormous harm" to the company by his conduct and sought his removal from the company board.

Term loans, whether business or personal, secured or otherwise, the original sanctioned amount of Rs 1 crore or less, on the books of any bank or any NBFC, including NBFC (MFI) would also get benefit of this relaxation.

Stalemate between the Centre and states over administrative control under the proposed goods and services tax (GST) regime continued on Sunday with an informal meet called by Finance Minister Arun Jaitley failing to break the deadlock

Mobile and digital payment service providers are expected to witness a big surge in their business as many retailers will be compelled to switch to non-cash mode in the wake of demonetisation of higher denomination currency notes, says a report.

The survey by Gartner Inc. showed that in the third quarter, three Chinese vendors -- Huawei, Oppo and BBK Communication Equipment -- together accounted for 21 percent of the smartphones sold worldwide, and were the only vendors in the top five to increas...

Market benchmark Sensex slumped over 71 points in choppy trade today to hit about six-month low of 26,228, falling for the fourth straight session, amid lingering worries about the economic impact of demonetisation.

Retail or CPI inflation dipped to 14 month low of 4.20 per cent in October, while the one based on wholesale prices or WPI fell for the second consecutive month to 3.39 per cent for the same month.

The announcement of the Chennai-based company's 25th customer in Australia was made on Tuesday in Melbourne in presence of Victorian Parliamentary Secretary for Treasury and Finance Daniel Mulino and Indian Consul general Manika Jain.

Alibaba Group, the e-commerce giant behind the 24-hour Singles' Day shopping blitz, has raked up a record USD 17. 6 billion in the Singles Day online sales, creating a new record in global retail sales for any single day.

Largest lender State Bank of India on Friday said it has collected around Rs 38,677 crore in deposits, while its branches exchanged Rs 1,666 crore since Thursday after the government scrapped Rs 500 and Rs 1,000 notes on Tuesday.

The money market futures FFZ6 FFF7 are pricing in about 75 percent chance of a rate hike.

The architect of Aadhar, Nandan Nilekani, has welcomed Prime Minister Narendra Modi’s demonetization scheme and said it will help bring more and more people into the banking system.

As the government tightened its noose on black money, India's corporate sector cutting across the spectrum gave a thumbs up to the steps taken by Prime Minister Narendra Modi on demonetisation of high value currency in the country.

Gold prices breached the Rs 30,000 per 10 grams mark by climbing Rs 1,025 per 10 grams in futures trade today amid a firm global trend.