Business

TNI Bureau: India's software firm Infosys denied a newspaper report that had said that the company is planning to fire up to 5000 employees for their poor performance. It was also reported that the sacking of employees will be as part of…

TNI Bureau: The State Bank of India (SBI) has launched a mobile wallet service to increase more customers offering them the services like funds transfer, DTH recharge and bill payment. The Mobicash Easy will be initially available in Mumbai…

TNI Bureau: Business tycoon Ratan Tata retired as chairman today ending 50-year run in one of India's oldest business empires Tata Group. Cyrus Mistry (44), who had been chosen as his successor last year, will take the charge of the new…

TNI Bureau: The Reserve Bank of India kept the Cash Reserve Ratio (CRR) and repo rate unchanged. The central bank would bring a huge relief to the loan takers as it hinted at the rate cut in the third quarter policy review, which is slated…

TNI Bureau: Chevrolet introduced its new SAIL UVA to celebrate a new beginning in the New Year. The looks, design and features are targeted for the youngsters, those who have passion for long drive. The vehicle was launched in India on…

TNI Bureau: The coal blocks in Odisha have been under the scanner after the exposure of a suspected multi-crore coalgate. Baitarani West coal block is the latest to join the disgraced list, as the Union Coal Ministry de-allocated it on the…

TNI Bureau: While replying to a question in Odisha Assembly today, Labour and Employment Minister Bijayshree Routray revealed that at least 88 workers died in accidents at various industrial units across the state in the last two years.…

TNI Bureau: US company Cargill has acquired Wipro's Sunflower Vanaspati for an undisclosed amount. Although Cargill has not revealed the amount it is going to spend, market analysts have pegged the deal at Rs 40 crore. Cargill, which has…

TNI Bureau: After an exciting increase in sales during October 2012, the car companies in India had to take a severe beating in November. The car sales in India declined by 8.25 per cent in November, as the festive season failed to lift the…

TNI Bureau: In a desperate bid to clear the stocks ahead of New Year, the major carmakers have hinted at a price hike from January 2013, making the customers go into huddle and rethink on their future plans. It could be a market gimmick,…