Global software major Infosys would pay its new Chief Executive Officer and Managing Director (CEO&MD) Salil S. Parekh a whopping Rs 16.25 crore salary per annum, the IT major said on Thursday. ....

Hailing the Centre's implementation of GST and demonetisation of higher value notes, Vice President M. Venkaiah Naidu on Saturday said both the moves were made to benefit the common people and change the country's economy. ....

Banks and creditors would need to take a "haircut" on their bad loans, even as defaulting promoters could make their businesses operational again by paying the outstanding interest on the loan, Finance Minister Arun Jaitley said on Friday. ....

India's key equity indices,Sensex and Nifty50 -- closed calender year 2017 higher by 28 per cent and 29 per cent respectively. ....

Reliance Jio Infocomm (RJIL), a subsidiary of Reliance Industries Limited, on Thursday announced signing of a "definitive agreement" for the acquisition of specified assets of Reliance Communications (RCOM) and its affiliates. ....

Apple earned the maximum per unit profit at $151 in the third quarter of 2017, followed by its arch rival Samsung which earned $31 profit per unit, a new research from Counterpoint said on Thursday. ....

Reliance Group Chairman Anil Ambani on Tuesday said the company has achieved full resolution of Reliance Communications' (RCOM) debt, reducing it by Rs 25,000 crore to Rs 6,000 crore by monetising assets. ....

Reliance Jio will provide "surprise cashback" of up to Rs 3,300 on recharges of Rs 399 and above, effective on recharges before January 15, 2018, according to industry sources. ....

India's first low-cost carrier Air Deccan took to the skies again on Saturday after nearly a decade, connecting Mumbai with Jalgaon in northern Maharashtra under the 'Udan' regional connectivity scheme. ....

Shashi Arora, CEO and Managing Director, Airtel Payments Bank has stepped down following the Unique Identification Authority of India, (UIDAI) suspending Aadhaar linked e-KYC services on December 16 because of alleged misuse by the company. ....