Besta Shankar

Articles by Besta Shankar

Email : editor@ibtimes.co.in

NTPC's production cost may go up 10% on new emission standards

The rise in production cost could increase the customers' power bill by 50-60 paise per unit.

Feb 20, 2016

India experiencing pronounced economic slowdown: Ambit

India's GDP growth is expected to increase to a five-year high of 7.6% in 2015-2016, according to official estimates.

Feb 19, 2016

Infosys appoints Michael Pesch as CEO of its consulting business

The Bengaluru-based IT major had recently named Scott Sorokin as its digital head.

Feb 19, 2016

SpiceJet shares soar after airline records highest load factor in January

Stock price of Interglobe Aviation was down 0.3 percent to trade at Rs 846.

Feb 19, 2016

Eithad finalises deal to raise stake in Jet Airways to 49%: Report

A Financial Express report said that both the parties have reached an agreement regarding the deal, after finalising talks over its valuation.

Feb 19, 2016

Foxconn's mum on $5 billion investment worries Maharashtra govt

Acquiring Japanese electronics major Sharp for $ 5.3 billion may be more important for Foxconn, the Business Standard reports.

Feb 18, 2016

India to post GDP growth of 7.5% in 2016, 2017: Moody's

India's robust services export sector could be a contributor to the strong growth, it said.

Feb 18, 2016

DoT's revenue may touch Rs 49,200 crore in FY17 from spectrum auctions

The Department of Telecom's estimated revenue in FY17 will be Rs 4,000 crore higher than the projected amount in this fiscal.

Feb 18, 2016

Snapdeal fined for misleading customers with iPhone 5s offer

Flipkart, Snapdeal, Amazon surpassed top 10 offline retailers in gross sales last year

A Morgan Stanley report estimates the number of online shoppers in India to grow to 320 million by 2020 from 50 million in 2015.

Feb 18, 2016

Govt looking to set up separate bank to deal with PSU banks' NPAs

However, some bankers believe that having such bank may make the actual lenders negligent on the issue.

Feb 17, 2016

HCL Tech mulling US listing this year: Report

A Bloomberg report said that HCL may look to raise nearly $1 billion from the offer.

Feb 17, 2016

India to save Rs 30,000 crore from fall in coal imports this fiscal

The government is planning to stop importing the kind of coal that is present in the country, coal secretary Anil Swarup told ET.

Feb 17, 2016

Rupee tumbles to two-and-a-half-year low

The rupee touched a low of 68.62 versus dollar in the early trading session on Wednesday.

Feb 17, 2016

PSU banks at risk of rating downgrades: S&P

State-owned lenders may struggle to raise capital due to higher provisioning for bad loans, global rating agency Standard & Poor's said.

Feb 17, 2016

HCL Tech acquires Volvo's external IT business

HCL is expected to increase its revenues by $1.8 billion over the next five years from the transaction, ET reported.

Feb 16, 2016

People line up outside an ATM at a State Bank of India branch in Mumbai

SBI warns of further rise in bad loans in March quarter

SBI reported a 62% drop in its net profit for the December quarter due to higher provisioning for bad loans.

Feb 16, 2016

Air India planning to fly Dreamliner on high-traffic domestic routes

Passenger traffic on domestic routes in India rose 20.2 percent last year, showed IATA data.

Feb 16, 2016

Vodafone may face seizure of assets for failure to pay Rs 14,200 crore tax

The notice may again drag the Modi government into the retrospective tax controversy.

Feb 16, 2016

Snapdeal market value touches $6.5 billion after fresh fundraising of $200 million

The investment is led by Canada's Ontario Teachers' Pension Plan, Reuters reports.

Feb 16, 2016

IIM Bangalore sees fall in campus hiring by e-commerce firms: Report

An IIM official told The Financial Express that students were cautioned over accepting offers from consumer Internet firms.

Feb 13, 2016

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Articles by Besta Shankar

NTPC's production cost may go up 10% on new emission standards

India experiencing pronounced economic slowdown: Ambit

Infosys appoints Michael Pesch as CEO of its consulting business

SpiceJet shares soar after airline records highest load factor in January

Eithad finalises deal to raise stake in Jet Airways to 49%: Report

Foxconn's mum on $5 billion investment worries Maharashtra govt

India to post GDP growth of 7.5% in 2016, 2017: Moody's

DoT's revenue may touch Rs 49,200 crore in FY17 from spectrum auctions

Flipkart, Snapdeal, Amazon surpassed top 10 offline retailers in gross sales last year

Govt looking to set up separate bank to deal with PSU banks' NPAs

HCL Tech mulling US listing this year: Report

India to save Rs 30,000 crore from fall in coal imports this fiscal

Rupee tumbles to two-and-a-half-year low

PSU banks at risk of rating downgrades: S&P

HCL Tech acquires Volvo's external IT business

SBI warns of further rise in bad loans in March quarter

Air India planning to fly Dreamliner on high-traffic domestic routes

Vodafone may face seizure of assets for failure to pay Rs 14,200 crore tax

Snapdeal market value touches $6.5 billion after fresh fundraising of $200 million

IIM Bangalore sees fall in campus hiring by e-commerce firms: Report

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'