The Congress slammed the Narendra Modi government for mismanaging’ the economy which slowed down the GDP growth and led to rampant unemployment.

The party blamed the government for “allowing” Nirav Modi and Mehul Chosky, the main accused in the Rs 143 billion Punjab National Bank scam, to flee the country. It also hit out at the government for its “confused” policy on Air India disinvestment.

IT major Infosys on Monday said its proposal for voluntary delisting of its American Depositary Shares (ADSs) from Euronext's Paris and London exchanges has been approved by the Board of Directors of the two bourses.

In March this year, Infosys had announced its intention to delist the ADSs on account of the "low average daily trading volume of Infosys ADS on these exchanges, which is not commensurate with the related administrative requirements".

A month after signing the biggest e-commerce deal in the world, Walmart and Flipkart are facing roadblocks that could drastically change the contours of the transaction. If the Competition Commission of India (CCI) suggests structural changes in the Walmart-Flipkart deal, as indicated by officials, there could be three options before the American retail giant, sources said. One of the options for Walmart could be to not accept the structural changes suggested by the fair trade regulator, and back out of the deal.

In a move to instil discipline among large borrowers with working capital facility, the Reserve Bank of India has mooted a proposal that at least 40 per cent of the sanctioned limit should be a term loan component.

For borrowers with an aggregate fund-based working capital limit of Rs 1.5 billion and above from the banking system, a minimum level of ‘loan component’ of 40 per cent shall be effective from October 1, 2018, the RBI said in draft norms placed on its website.

A South Korean cryptocurrency exchange has said hackers have stolen about one-third of the coins traded on its market, an announcement that sent bitcoin prices tumbling to a two-month low.

Coinrail yesterday said hackers stole cryptocurrencies over the weekend including Pundi X, Aston and NPER.

New Delhi, Jun 11 () Hyundai Motor India Ltd (HMIL) today said it has crossed 8 million cumulative production milestone since its inception nearly 20 years ago.

The company achieved the landmark with the rolling out of a unit of its newly refreshed SUV Creta, HMIL said in a statement.

Microsoft has said it is working on a new Cloud gaming service as it showcased its commitment to invest in gaming and announced studio acquisitions, tons of new games and new Xbox consoles. The announcement was made by Microsoft ahead of the Electronic Entertainment Expo (E3) 2018, the world’s leading video game show, that is scheduled to held at the Los Angeles Convention Centre from June 12-14.

India’s second-largest IT company Infosys on Monday announced the voluntary delisting of Infosys ADSs (American Depository Shares) from Euronext Paris and Euronext London following the lower average trading volume on the respective stock exchanges. “Infosys Ltd (“Infosys”) (NYSE: INFY) (Euronext Paris and Euronext London: INFY)

The largest iceberg ever recorded, that broke away from Antarctica's Ross Ice Shelf 18 years ago, could be nearing the end of its voyage, according to NASA.

When iceberg B-15 first broke away in March 2000, it measured about 296 kilometres long and 37 kilometres wide. B-15 has since fractured into numerous smaller bergs, and most have melted away.

More than 1,300 fresh foreign portfolio investors (FPIs) were registered with Sebi in 2017-18 on continued interest in the Indian capital markets, as per the regulator's data.

In comparison, close to 3,500 new FPIs were registered with Securities and Exchange Board of India (Sebi) in the preceding financial year.

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