Besta Shankar

Articles by Besta Shankar

Email : editor@ibtimes.co.in

Snapdeal

Snapdeal Acquires Letsgomo to Beef Up Mobile Presence

The deal value was not disclosed.

Jun 15, 2015

Reliance Communications

RCOM in Talks To Merge With MTS Provider Sistema Shyam

The companies are likely to prefer stock swap for the merger.

Jun 15, 2015

Drought

Drought May Pour Cold Water on Modi Government's Ambitious Growth Target for FY16

A decline in farm output is likely to pull down the country's growth rate below 7.3, which was posted last fiscal year.

Jun 15, 2015

Rahul Yadav, CEO of Housing.com

Housing.com Likely to Receive $100 million Funding from Chinese Investor Fosun

If realized, the current fund raising will be the fifth Housing.com.

Jun 15, 2015

Coal India

Coal India Emerges as World's Sixth Biggest Mining Firm: PwC Report

Another state-controlled mining major NMDC saw its position moving up to 21 from an earlier 24.

Jun 15, 2015

Tata Consultancy Services

TCS, Infosys Among Top 50 Global Firms That Return More, Spend Less

TCS handed out a massive dividend of ₹15,474 crore for fiscal year ending March 2015.

Jun 13, 2015

IIT Bombay

IIT Revises Qualifying Marks for ST Candidates to Avert Backlog

Students belonging to ST category are now required to score 124 (24.5%) out of 504.

Jun 13, 2015

Flipkart

India's Top e-Commerce Firms with Billion Dollar Valuation [PHOTOS]

Backed by big investors, Flipkart is currently the most valued start-up in e-commerce space.

Jun 13, 2015

Flipkart Moves Nearly 300 Employees to Outsourcing Firm Serco

The Bengaluru-based firm has to maintain a lean size in order to compete with the new entrants and other majors such as Snapdeal and Amazon

Jun 13, 2015

Inflation

Rise in Inflation Undermines RBI Rate Cut Prospects

HSBC had forecast inflation to go up in the second half of this year due to El Nino effect.

Jun 12, 2015

Arun Jaitley

Jaitley Asks Banks to Pass on Benefits of Rate Cuts by RBI to People; Home, Auto Loans May Become Cheaper

Jaitley has met chiefs of various banks to discuss about passing on the benefits of rate cuts by RBI to end users.

Jun 12, 2015

IndiGo

Indigo Joins Discount Offer Bandwagon; Announces Flash Sale, Fares Start at ₹1,727

The travel period for tickets booked under the offer, which will end on 13 June, is from 1 July-30 September.

Jun 12, 2015

Mukesh Ambani, Chairman and Managing Director Of Reliance Industries Ltd.

Reliance Industries to Invest Over ₹2 lakh Crore to Expand Oil Business; to Roll Out 4G Services by December: Mukesh Ambani

Leading foreign brokerages Goldman Sachs and CLSA expect RIL to post net profit of over ₹35,000 crore in 2016-17.

Jun 12, 2015

Rail budget train

Govt Panel Recommends Permitting Private Players To Run Passenger Trains

The panel also seeks introducing external talent to restructure the state-owned transporter drastically.

Jun 12, 2015

Tata Group Launches E-Commerce Portal Exclusively for its Employees

The $103-billion conglomerate is testing the initiative that will cover five lakh employees.

Jun 12, 2015

sensex, nifty, india news,economic survey 2017, idea cellular share price, sensex live updates, top losers

Markets Hit by Delay in Monsoon, Rising Crude Oil Prices

A second year of deficient monsoon rainfall will severely affect the agricultural sector in the country.

Jun 11, 2015

tata-group

Tata Sons Gets Rs 11,000 Crore Dividend Boost From TCS

The record dividend payment will help Tata Group chairman Cyrus Mistry to fulfil financial obligations in cash-strapped units.

Jun 11, 2015

Vijay Mallya

Vijay Mallya Now Left with Just 0.06% Voting Rights in United Breweries

UTI-IAS has informed the liquor baron that it has acquired 3.97% voting rights in UBL.

Jun 11, 2015

Indian Economy

India to Lead Global Growth in 2015: World Bank

This, even as developing countries are now estimated to grow by 4.4 percent this year, according to the Bank.

Jun 11, 2015

Income tax returns filing

400 Tax Officials Raid Chettinad Group Premises in Three States

The IT officials have conducted raids in 33 locations of the group in Tamil Nadu, Andhra Pradesh and Mumbai.

Jun 11, 2015

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