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TCS also said in a statement that revenue grew 14 percent to 293.05 billion rupees in the June quarter from the same period last yearBusiness
TCS fires employee for sending rape and death threats via social media

TCS started an investigation in the matter after screenshots of abusive messages went viral.

4 Oct 2018 6:37 PM IST

With the rupee continuing to touch new lows, the Reserve Bank on Wednesday allowed forex borrowings for working capital by oil marketing companies--the largest consumers of foreign currency--under the automatic route with immediate effect. (Photo: DC)Business
OMCs to complete USD 10 bn overseas borrowing in one year: Fin Min

Till now OMCs were not allowed to raise ECB for working capital needs on a long-term basis.

4 Oct 2018 6:27 PM IST

ICICI Banks tier-I capital adequacy ratio stood at 15.92 per cent and the total capital adequacy at 18.42 per cent by end-March 2018.Business
Sandeep Bakhshi becomes ICICI Bank MD, CEO for five years

He was brought to the bank for a smooth functioning as Kochhar was forced to go on an indefinite leave.

4 Oct 2018 5:20 PM IST

Finance minister Arun JaitleyBusiness
Petrol, diesel prices cut by Rs 2.50 after excise reduction; OMCs...

Excise duty cut would have an impact of Rs 10,500 crore on central government's tax revenues.

4 Oct 2018 3:47 PM IST

Ministry official said the deal is half done at this stage and needs closure since the financial condition of IDBI Bank is too weak.Business
IDBI board approves issuance of preferential shares to LIC

Board approved increasing authorized capital of the bank from Rs 8,000 crore to Rs 15,000 crore.

4 Oct 2018 3:02 PM IST

ICICI Bank MD and CEO Chanda Kochhar has pulled out of the annual session of FICCI Ladies Organisation (FLO).Business
ICICI Bank shares surge 6 per cent as Chanda Kochhar quits

Following the announcement, the stock soared 5.69 per cent to Rs 320.90 on BSE.

4 Oct 2018 2:53 PM IST

The US Pacific Command says a Chinese aircraft and a US Navy patrol plane had an \unsafe\ encounter over the South China Sea this week, raising concerns. (Photo: AP/File)Nation
No threat from 50 Chinese aircraft in Tibet, monitoring situation':...

The Air Force chief said the government has sanctioned construction of a next-generation hardened aircraft shelters in...

4 Oct 2018 2:53 PM IST

Chittoor police have arrested a five-member inter-state gang involved in red sanders smuggling and recovered 320 logs. (Representational image)Business
Commerce Ministry sets deadline to complete export process of red...

It is a valued item in traditional medicines and woodcraft across China, Myanmar, Japan and East Asia.

4 Oct 2018 2:45 PM IST

Assam Police hands over the 7 Rohingyas to Myanmar authorities after deportation formalities were completed. (Photo: Twitter | ANI)Nation
7 Rohingya immigrants staying illegally in Assam deported to Myanmar

The illegal immigrants were detained in 2012 and since then they were lodged in Cachar Central Jail in Assam's Silchar.

4 Oct 2018 2:39 PM IST

ICICI Bank MD & CEO Chanda KochharBusiness
ICICI Bank MD Chanda Kochhar quits with immediate effect

The enquiry instituted by the board will remain unaffected by this.

4 Oct 2018 2:17 PM IST

Ce¬ntres excise collection fr¬om petroleum sector has actually fallen marginally in FY18 to Rs 2,29,019 crore in FY17 from Rs 2,42,691 cr¬ore.Business
Oil Minister meets Arun Jaitley as fuel prices touch new high

Petrol prices were on Thursday hiked by 15 paise a litre and diesel by 20 paise.

4 Oct 2018 1:55 PM IST

Travellers will soon be able to enter airports in the country with facial recognition biometric under the governments Digi Yatra initiative. (Photo: Pixabay)Business
Soon, travellers can use facial recognition biometric to enter...

Suresh Prabhu said the initiative would be -"forward-looking and futuristic-" and would be launched soon.

4 Oct 2018 1:17 PM IST

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