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In February, Zomato had said that it had become profitable in six regions, including India, after achieving operational break-even of its businesses.

Zomato shares a ride with Ola

Zomato partner restaurants will also set up special zones, where customers can book an Ola.

27 July 2017 4:08 PM IST

n December 2010, Natixis Global Asset Management struck a share purchase agreement to take stake in IDFC AMC and IDFC AMC Trustee.

IDFC Bank Q1 net jumps 65 per cent to Rs 437 cr on lower bad loans

Total income increased to Rs 2,793.98 crore for April- June of 2017-18.

27 July 2017 4:02 PM IST

Mutual funds are one of the best investment instruments for wealth creation, tax savings, and achieving financial goals.

Mutual fund exposure to bank stocks at record Rs 1.47 lakh crore

Equity funds in bank stocks stood at Rs 1,46,861 crore at the end of June 2017.

27 July 2017 3:52 PM IST

The Income-Tax Department has sent out letters to more than 10,000 assessees, most of them pensioners, for attempted tax evasion, especially on income from sources other than pension.

I-T department to launch massive crackdown against shell companies

MCA has already cancelled registrations of over 1.62 lakh companies for non-filing of financial statements.

27 July 2017 3:29 PM IST

Maruti Suzuki India

Maruti Q1 net profit grows 4.4 per cent to Rs 1,556.4 crore

Net sales rose 16.7 per cent to Rs 17,132.4 crore from Rs 14,654.5 crore a year earlier.

27 July 2017 2:52 PM IST

Axis said it has rigorous compliance procedures and has also gone ahead and applied all our analytic capability to identify accounts that might have exhibited suspicious activity since demonetisation.

Axis Bank to acquire payments wallet Freecharge for Rs 385 crore

Acquiring Freecharge's business would give Axis Bank access to about 52 million mobile wallet holders of Freecharge.

27 July 2017 1:50 PM IST

The recent measures taken by the Reserve Bank of India (RBI) to resolve non performing assets (NPAs) in the banking system under the Insolvency and Bankruptcy Code (IBC) would require banks to take a 60 per cent haircut on their loan assets, ratings agency Crisil said on Monday.

RBI to cut repo rate by 25 bps on August 2: HSBC

According to the global financial services major inflation in India has fallen dramatically.

27 July 2017 1:39 PM IST

However, Virbhadra Singh accused the BJP of politicising the issue and said the government would render all assistance to the CBI for bringing the culprits to book. (Photo: PTI)

Nitish's frequent change of stand doesn't show him in good light:...

Bihar Chief Minister Nitish Kumar unexpectedly resigned on Wednesday, but hours later joined hands with the BJP.

27 July 2017 1:17 PM IST

This 3-cylinder engine delivers a peak torque of 170Nm between 1750rpm and 4000rpm.

Tata Nexon to get a 6-speed AMT before April 2018

The Nexon is expected to cost anywhere between Rs 6.5 to Rs 9.5 lakh.

27 July 2017 1:16 PM IST

Sports Minister Vijay Goel felicitates Indian womens cricket team

Sports Minister Vijay Goel felicitates Indian women's cricket team

The Sports Minister has hailed the Indian eves for inspiring the youth to take up sports as a career.

27 July 2017 1:07 PM IST

Bihar CM Nitish Kumar

Nitish Kumar, the Chanakya of Bihar politics

Nitish Kumar quit as the chief minister of the politically crucial state on Wednesday and accepted BJP's support to...

27 July 2017 12:06 PM IST

70% of the complaints about overpricing on the pretext of GST are from semi-urban and rural areas which have lower levels of awareness.

Nearly a month on, GST makes business more complicated than ever

GST was meant to unify $2 trillion economy and make it easier for companies to transact across state borders.

27 July 2017 11:59 AM IST