Deependra Jha

Articles by Deependra Jha

Email : editor@ibtimes.co.in

Currency jerk hits HUL's Q3 earnings, operational sales and net profit down YoY

The impact was varied across segments, channels and geographies, Hindustan Unilever said in a filing to the BSE.

Jan 23, 2017

RBI resorts to ethical hacking to test Indian banks' cyber vulnerabilities

During the first phase of the test, the RBI will focus on PSU banks that are understood to be more susceptible than private banks.

Jan 23, 2017

Bangalore-based women's ethnic wear brand Soch to sell majority stake to PE firms: Report

PE firms L Catterton, Westbridge Capital and CX Partners may together acquire a controlling stake in the ethnic wear brand Soch.

Jan 23, 2017

SEC investigates if Yahoo violated civil securities laws by reporting data breaches late

The US SEC is probing if Yahoo should have reported the 2014 data hack – which the company disclosed in September 2016 – earlier to investors.

Jan 23, 2017

Ayush ministry to take misleading advertisers of ayurveda and yoga to task

The ministry has tasked the advertising watchdog ASCI to scan through advertisements across 900 publications and 500 TV channels.

Jan 22, 2017

General Motors shelves future investments on new products in India

GM said it is conducting a full review of its future product portfolio given the shift in customer preferences in India.

Jan 22, 2017

Cooperative banks debarred from accepting deposits under PMGKY tax amnesty scheme

The government took the decision after cooperative banks were found tampering with cash records to launder money after demonetisation.

Jan 22, 2017

Note ban jerk to hit sales volume of SMEs in January-March quarter as well

SMEs would continue to feel the pinch of demonetisation as rural consumption and job creation continue to be impacted negatively in the fourth quarter.

Jan 22, 2017

SBI may raise up to Rs 15,000 crore in next 18 months from capital markets, SBI Life IPO

State Bank of India said it could tap the capital markets to raise up to Rs 10,200 crore in the next fiscal year.

Jan 22, 2017

Flipkart once again rated most trusted e-commerce brand ahead of Amazon and Snapdeal

Flipkart ranked number one on product selection, customer support, ease of return, refund and reverse pick up speed in a consumer study.

Jan 20, 2017

Countries rushing to amass fighter jets will fire global defense sector growth in 2017-18

The global Aerospace and Defense sector is likely to grow at 2 percent in 2017, driven primarily by a 3.2 percent revenue growth in the defense sector, a Deloitte report says.

Jan 20, 2017

Alibaba's Jack Ma says US wasted trillions on warfare and still blames others for loss of jobs

Alibaba's Jack Ma said the US has no one but itself to blame for its economic woes and much of the problem is rooted in wasteful spending on warfare.

Jan 20, 2017

Motherson Sumi to acquire Finnish truck wire maker PKC for $609 million

MSSL has offered 23.55 euros per PKC share, representing a 51 percent premium to PKC's closing price on Thursday.

Jan 20, 2017

Western Union slapped with $586 million penalty over money transfer fraud

Western Union admitted to criminal violations and failing to maintain an effective anti-money laundering program and aiding wire fraud.

Jan 20, 2017

Cooperative banks 'seriously tampered' cash records for money laundering, says I-T Dept

The I-T Department has informed the RBI that its investigation revealed illegal malpractices being deployed by such banks to the tune of multi-crore rupees.

Jan 19, 2017

UPS maker Luminous aims to double turnover to Rs 5,000 crore in 4-5 years

New Delhi-based Luminous has a market share of around 39 percent in UPS and 27 percent in inverter batteries segment in India.

Jan 19, 2017

Vijay Mallya must repay Rs 6,203 crore with interest to SBI-led consortium of banks: Debt Recovery Tribunal

A consortium of 17 banks led by the country's largest public sector lender State Bank of India had approached the tribunal seeking instructions to Vijay Mallya to repay the loan

Jan 19, 2017

Disclosure of property, jewelry and overseas account holdings not allowed in PMGKY tax amnesty scheme

The Central Board of Direct Taxes said only unaccounted domestic cash holding can be declared through the scheme.

Jan 19, 2017

Jio users' reliance on Wi-Fi is lowest across globe

Reliance Jio to soon launch automobile telematics device that will track vehicle's movement

Jio is also working on a new tariff plan that will be valid till June 30 and would provide data at a nominal Rs 100, combined with free voice calls.

Jan 19, 2017

India CV industry outlook FY2017: Pre-buying ahead of BS-IV emission norms to partially offset slump after note ban

Across the CV industry, medium and heavy commercial vehicle (M&HCV) segment is likely to register a marginal growth of 0-2 percent in FY2017 impacted by demonetisation.

Jan 18, 2017

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Articles by Deependra Jha

Currency jerk hits HUL's Q3 earnings, operational sales and net profit down YoY

RBI resorts to ethical hacking to test Indian banks' cyber vulnerabilities

Bangalore-based women's ethnic wear brand Soch to sell majority stake to PE firms: Report

SEC investigates if Yahoo violated civil securities laws by reporting data breaches late

Ayush ministry to take misleading advertisers of ayurveda and yoga to task

General Motors shelves future investments on new products in India

Cooperative banks debarred from accepting deposits under PMGKY tax amnesty scheme

Note ban jerk to hit sales volume of SMEs in January-March quarter as well

SBI may raise up to Rs 15,000 crore in next 18 months from capital markets, SBI Life IPO

Flipkart once again rated most trusted e-commerce brand ahead of Amazon and Snapdeal

Countries rushing to amass fighter jets will fire global defense sector growth in 2017-18

Alibaba's Jack Ma says US wasted trillions on warfare and still blames others for loss of jobs

Motherson Sumi to acquire Finnish truck wire maker PKC for $609 million

Western Union slapped with $586 million penalty over money transfer fraud

Cooperative banks 'seriously tampered' cash records for money laundering, says I-T Dept

UPS maker Luminous aims to double turnover to Rs 5,000 crore in 4-5 years

Vijay Mallya must repay Rs 6,203 crore with interest to SBI-led consortium of banks: Debt Recovery Tribunal

Disclosure of property, jewelry and overseas account holdings not allowed in PMGKY tax amnesty scheme

Reliance Jio to soon launch automobile telematics device that will track vehicle's movement

India CV industry outlook FY2017: Pre-buying ahead of BS-IV emission norms to partially offset slump after note ban

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'