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ICICI Bank, Axis Bank gain after reducin...

ICICI Bank, Axis Bank gain after reducing loan rates

ICICI Bank and Axis Bank (Q,N,C,F)* witnessed a rise in share price on Wednesday after reduction of home loan rates. ICICI Bank’s shares gained Rs 4.55, or 1.44%, to trade at Rs 321.45. The total volume of shares traded was 276,706 at the BSE (11.29 a.m., Wednesday). Shares of Axis Bank moved... read more »

Black money holders will be dealt with s...

Black money holders will be dealt with strongly; economy to grow at 8%: FM ...

Finance Minister Arun Jaitley feels that it is a golden opportunity for India to tap its potential and register good economic growth since the rest of the world is growing at a slower pace. In an exclusive interview with Zee Business Editor Amish Devgan, Finance Minister Arun Jaitley speaks... read more »

Ramalinga Raju-From riches to rags

Ramalinga Raju-From riches to rags

His take home was in lakhs excluding taxes. That was when he was at the peak of his career as chairman of Satyam Computers and the brand ambassador of IT revolution in India and AP. But as of  today, his salary has been reduced to peanuts. His daily wage has been fixed at just Rs. 50 per day for... read more »

Indian Online Marketplace Snapdeal Becom...

Indian Online Marketplace Snapdeal Becomes Largest M-Commerce Player In The...

Online marketplace company Snapdeal has acquired a Bangalore mobile recharge service, Freecharge, on Wednesday in a stock plus cash deal. This makes Snapdeal the largest mobile commerce company in the country. News reports estimate the deal at $400 million, though both companies refused to comment... read more »

More from Business

Gold steady at Rs 27,000 on scattered buying; silver recovers

Gold prices on Wednesday held steady at Rs 27,000 per ten gram at the bullion market in the national capital on scattered buying by retailers. However, silver recovered by Rs 150 to Rs... read more »

Coal India, GAIL to invest Rs 9000 cr in Talcher plant

Coal India Ltd, the world’s largest producer, and state gas utiltity GAIL India Ltd today signed agreements to invest Rs 9,000 crore in a plant to convert coal into gas and use this... read more »

You can hand in pre-2005 notes till June: RBI

MUMBAI: The Reserve Bank of India has extended the deadline for turning in pre-2005 currency notes to June 30, 2015. Earlier, all citizens had to turn them in by this month-end. The most... read more »

S Bhattacharya Appointed CMD of Coal India

New Delhi: Senior IAS officer S Bhattacharya has been appointed as the chairman and managing director of Coal India Ltd (CIL). The coal major was without a full time chief for the past six... read more »

Modi orders insurance, coal reforms after stymied by parliament

The cabinet approved an executive order on Wednesday to implement coal and insurance reforms, a government official said, underlining the administration’s resolve to push through economic... read more »