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Business News

EBix Acquires Online Travel Portal For $75 million

Ebix expects the business to generate around $33 million in GAAP revenues in 2018 with nearly 30 per cent operating margins

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Centre Allocates Rs 109 Crore To Promote Tourism Projects

Puducherry Chief Minister V Narayanasamy has allocated Rs 109 crores to promote tourism projects under Swadesh Darshan

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Abdul Qavi Desnavi’s 87th Birth Anniversary: Google Doodle Celebrates

Abdul Qavi Desnavi was a noted Urdu critic, linguist, and writer. On his birth anniversary, today's Google Doodle has been dedicated in his memory

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India Factory Activity Barely Grows In October As GST Stings

The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, fell to 50.3 last month from September's 51.2, marking its third month above the 50-point threshold that separates growth from contraction.

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Zomato Engages In Talks With Swiggy For Possible Merger

Zomato proposes a stock-based merger whereas Swiggy wishes to acquire the food delivery business of Zomato

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Shivraj Singh Chouhan Gets Clean Chit By CBI In Vyapam Scam Case

The CBI charge sheet comes as a major relief to Madhya Pradesh Chief Minister Shivraj Singh Chouhan as he has been given a virtual clean chit by the probe agency

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Vyapam Case: CBI Files Charge Sheet, Claims No Hard Disk Carried CM Named File

In its charge sheet filed by the CBI before a special CBI court, the CBI has claimed that a detailed forensic analysis of the hard disc of the computer showed that there was no file carrying "CM" ever stored on it

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