Global ride-sharing major Uber has warned in its IPO filing that the company may never make profits as its operating expenses are likely to increase "significantly in the foreseeable future"....
From a daily net average surplus of Rs 27,928 crore during February 1-6, 2019, systemic liquidity moved into deficit during February 7-March 31, reflecting the build-up of government cash balances, the First Bi-monthly Monetary Policy Statement, 2019-20 stated....
US stocks ended higher as investors digested the newly released minutes of a policy meeting of the US Federal Reserve last month and rising CPI data in March....
A Delhi-based Facebook user, visited by a company representative to verify if he is the one who had written a post with political content, on Wednesday said he would take Facebook to the cyber crime cell at the Indian Computer Emergency Response Team (CERT-In)....
The Delhi High Court on Wednesday asked the Reserve Bank of India (RBI) and Google India Digital Services Private Limited to file a reply on the plea alleging Google Pay not being listed as an authorised operator as per a list of the 'Payment System Operators'....
The IL&FS toxic bonds contagion has grown into a pandemic and now has hit Gujarat, the PMs own turf which he nurtured so well for over a decade. Information with IANS suggests that several top state-owned PSUs have been hit by the toxicity of IL&FS bonds. Unfortunately, the employee provident fund trusts of several such companies are largely inv...
In a fresh win for India, the United Kingdom High Court has rejected fugitive businessman Vijay Mallya's written submission for permission to appeal against his extradition order passed by a Westminster magistrate's court....
The state-run BSNL's 2018-19 losses may have touched Rs 12,000 crore if attributed exclusively to its services, official sources said....
Key equity indices opened higher on Monday. Sensex traded just shy of the 39,000 marks after opening at over 100 points higher. ...
The Supreme Court on Friday declined to entertain a plea challenging the ordinance on the voluntary use of Aadhaar as an identity proof for opening bank accounts and getting new mobile phones connection....
