Attention all engineer graduates! If you want to work with TCS, then from now nwards you are required to clear an online test. According to a Times of India report, the tech firm is all set to digitize the hiring process. TCS is mulling over dropping the process of visiting campuses and hiring from colleges directly to be more efficient.

India's crude oil demand is forecast to grow to 500 million tonnes per year by 2040, but persistent increases in oil prices might act as a dampener for the rate of growth, Partha Ghosh, an executive director at Indian Oil Corp said on Tuesday.

That would be equivalent to around 10 million barrels per day (bpd), up from about 4.7 million bpd in 2017.

A day before a crucial board meet, Yes Bank on Monday said the lender and its CEO Rana Kapoor will be guided by the directors, the Reserve Bank of India and other relevant stakeholders.

The board of India’s fourth-largest private sector bank will meet on Tuesday to decide on the next course of action after the central bank directed the lender’s current CEO and managing director Rana Kapoor to step down by January.

Frankfurt: Business software companies SAP, Microsoft and Adobe said on Monday they were forming a data alliance that will make it easier for clients running their applications to get a better overview of the customer.

The partners announced the Open Data Initiative at a Microsoft conference in Orlando, Florida, saying it would help break down information silos that make it hard for businesses to make the most of their customer base.

New Delhi: E -commerce companies are sparing no effort—and expense—to woo consumers to loosen their purse strings during the upcoming festival season. The biggest online retailers in India are expected to collectively spend an estimated ₹ 400 crore on advertising to promote Diwali sales, a 10% increase from that of last year, according to top media buyers.

Recent media reports (Financial Express) suggest that the Government of India (GoI), as a part of its disinvestment programme for FY19, is finalising a share buyback plan by Coal India (CIL).

Analysis/Implications—Outlay for a share buyback in FY19 would be capped at Rs 29.2 bn (1.6-1.7% of equity shares outstanding assuming buyback price is in the range of Rs 275-300/share)

NEW DELHI: National Highways Authority of India owes only Rs 425 crore to the embattled Infrastructure Leasing & Financial Services and the Mumbai-based infrastructure lender and developer has raised claims for about Rs 4,000 crore, which are currently under arbitration, a senior government official has said.

After a flat start on Tuesday, Sensex fell over 100 points while Nifty breached 10,900 mark. Banks share too continued to nosedive, however, Yes Bank shares up ahead of board meet. At 9:59 AM, Sensex was down by 29.04 or 0.080 per cent to trade at 36,290.70 mark. Nifty50 was at 10,960.80 mark. In global markets, Asian stocks struggled as a fresh round of US-China tariffs and a surge in oil prices to near four-year highs added to worries about risks to global growth.

The Reserve Bank will conduct open market operations (OMO) on Thursday to purchase government bonds to infuse liquidity of Rs 100 billion.

“Based on an assessment of prevailing liquidity conditions and also of the durable liquidity needs going forward, the Reserve Bank of India (RBI) has decided to conduct purchase of government securities under Open Market Operations for an aggregate amount of Rs 100 billion on September 27, 2018 (Thursday),” the apex bank said in a release on Monday.

Friday's sharp share sell-off of several banking and non-banking finance companies has put the Securities and Exchange Board of India (Sebi) and stock exchanges on high alert. According to sources, the regulator met the stock exchanges on Monday evening to avert any further damage and ensure that there is ample liquidity.

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