Business

In a desperate bid to prevent Indian-American executive Neal Mohan from joining Twitter, Internet giant Google had paid a whopping bonus of $100 million (Rs 540 crore) and retained him. Neal Mohan is the man in charge of display ads for…

For the first time in a decade, the car sales in India took a severe beating by showing a sharp fall of 7 percent in this financial year 2012-13. Just two years ago, the Indian car market was considered as one of the most lucrative markets…

A new realignment in India's business sector was witnessed, as billionaire Ambani brothers forgot their past feud to join hands and strike a Rs 1,200-crore deal in the telecom sector. The deal will make sure that Mukesh Ambani's Reliance…

After facing a lot irregularity in salary, the employees of Kingfisher Airlines have lost all patience. As a last major they have threatened to disrupt the upcoming IPL matches to protest against their flamboyant Boss Vijay Mallya, who owns…

The BSE Sensex took a heavy beating after the DMK withdrew its support to the Congress-led UPA Government at the Centre, signalling that the collapse of the incumbent government could turn out to be disastrous for the Indian economy. The…

In a huge relief to the consumers, the oil companies have slashed the petrol prices by Rs 2 per litre with effective from midnight today. This is the sharpest fall in petrol prices in nine months, which gives a "feel good" impression to…

Kenichi Ayukawa was appointed as the new Managing Director and Chief Executive Officer of country's largest carmaker Maruti Suzuki India. He will take over the charge from April 1, 2013 succeeding Shinzo Nakanishi. Ayukawa's appointment…

Journalist Aniruddha Bahl made sensational claims, citing a sting operation by his online magazine Cobra Post to nail three major private banks in India - ICICI Bank, HDFC Bank and Axis Bank. Cobra Post's investigation has "exposed" how…

Dettol, the popular antiseptic liquid by Reckitt Benckiser (India) Ltd may not be trustworthy to use as the producing company was fined compensation of Rs. 10,000 after the consumer found dead insects in the Dettol bottle and then moved to…

Car sales in February plunged by 25.7 per cent, the biggest fall in more than 12 years. The fuel price hike and slow economy are believed to have put major impact on the demand of automobile in the market. According to data from the…