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Top News / Moneycontrol

Flipkart records highest-ever single day sale, grosses $200mn

This is the biggest ever single day sale for Bangalore-based Flipkart, since the time the company started in 2007.

5 Oct 2016 2:59 pm
Subramanian Swamy seeks ban on import of cement from Pakistan

Allowing imports of cement from Pakistan, therefore, carried with it the additional risk in that it provides an effective cover for smuggling of contraband goods and harmful weapons and ammunition concealed in cement bags which comes in rakes and trucks, in the hands of disruptionist elements, he said.

5 Oct 2016 2:50 pm
Moneycontrol Exclusive: Govt plans overhaul of tax administration for smooth GST rollout

The government has readied plans for a major change in Indias tax administration structure, including overhauling the Central Board of Excise and Customs (CBEC) to ensure a glitch-free roll-out of a nation-wide goods and services tax (GST).

5 Oct 2016 2:42 pm
Sensex, Nifty wobbly; Hind Zinc, SBI, Force Motors most active

Asian Paints, SBI, Tata Motors, HUL and Maruti Suzuki are top gainers while ONGC, Axis Bank, MM, Bajaj Auto and Hero MotoCorp are major losers in the Sensex.

5 Oct 2016 2:00 pm
Uber redBus partner with ixigo for train travellers

ixigo, Indias leading mobile travel marketplace has announced partnerships with Uber and redBus to enable instant bookings for cabs and buses natively within ixigo trains app.

5 Oct 2016 2:00 pm
Workload in IT to come down due to AI; jobs to reduce: Genpact

But along with that the employment growth rates have started to dip, NV 'Tiger' Tyagarajan says. The percentage addition of employees in India will not be same as past. And due to advancements, a workforce with higher skill sets is required for the IT industry, he says.

5 Oct 2016 1:39 pm
Pixel launch: Is Google Assistant's AI an assault on privacy?

Sure, artificial intelligence can make life simpler by suggesting you places to eat, tell you weather, or even crack a joke. The more you use it, the more it learns about your habits and preferences. The protocols pertaining to artificial intelligence, or the lack of it, make our data less secure and more vulnerable.

5 Oct 2016 12:53 pm
Up over 200% in 1 year, what's buzzing with Borosil Glass?

Shares of Borosil Glass Works have increased threefold over the past one year as the company has posted strong revenue and EBIDTA growth over the past few quarters.

5 Oct 2016 12:28 pm
Why you should not be always chasing returns

Most people focus on returns and chase products that offer the best returns at any point.

5 Oct 2016 12:27 pm
Jhunjhunwala-partnered fund buys stake in TFCI: What's buzzing?

In an interview with CNBC-TV18, Satpal Arora, MD of Tourism Finance Corporation of India (TFCI), talked about the state of business and the outlook ahead.

5 Oct 2016 12:02 pm
RBI latest meeting 'diluted' its old policy framework: Nomura

On Tuesday, the central bank surprised the market with a 25-basis-point cut to its policy repo rate, or the rate at which it lends to banks, to 6.25 percent.

5 Oct 2016 11:54 am
Bond bull market may pause but is far from over: Expert

The benchmark 10-year government-security yield remained stuck in 8-7.5 percent range through all of 2015 and half of 2016, moving lower to sub-7 percent only when the RBI promised in April to reduce the system's liquidity deficit. The yield may now fall more.

5 Oct 2016 10:54 am
Scope for meaningful rate cuts going ahead: Neelkanth Mishra

Credit Suisse' Neelkanth Mishra expects repo rate to fall to a decade low in the coming quarters. He says that beginning December the market may see a robust and widespread pick-up which may boost indices.

5 Oct 2016 10:33 am
Tech up to a healthier world

Sensors, 3D printed skin, wearables, reconstructed organs, revolutionized clinical trials, personalized medicine and what not get ready for a new era of healthcare

5 Oct 2016 10:07 am
Steel stocks rally as govt extends MIP on 66 steel products

Stocks like Hindustan Zinc, Hindalco, Jindal Steel, JSW Steel and Tata Steel gained over 1 percent from previous close.

5 Oct 2016 10:00 am
Endurance Technologies IPO opens: Should you subscribe?

The Aurangabad-based company aims to mop up nearly Rs 1,162 crore (at higher end of price band) by diluting 17.5 percent stake through the issue that will close on October 7. It already raised Rs 348.52 crore through anchor investors' portion on Tuesday, the day before issue opening.

5 Oct 2016 9:04 am
Cautiously optimistic on India; eyeing earnings revival: Sanger

Global liquidity tailwinds are unlikely to get any better from now and that makes Arvind Sanger, Managing Partner at Geosphere Capital Management cautiously optimistic on the Indian markets.

5 Oct 2016 9:00 am
Automation threatens 69% jobs in India: World Bank

In large parts of Africa, it is likely that technology could fundamentally disrupt this pattern. Research based on World Bank data has predicted that the proportion of jobs threatened in India by automation is 69 percent, in China it is 77 percent and in Ethiopia, the percentage of jobs threatened by automation is 85 percent, he said.

5 Oct 2016 8:00 am