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 •  Shikha Sharma leaves everyone guessing about her tenure at Axis Bank
Shikha Sharma is serving the second term at Axis Bank that comes to an end in June 2018.
 
 •  Zomato shares a ride with Ola
Online restaurant guide and food ordering app Zomato has partnered homegrown cab aggregator, Ola that will allow users to book rides and pay using the latter's mobile wallet.
 
 •  Maruti Q1 net profit grows 4.4% to Rs 1,556.4 crore
The company had reported a net profit of Rs 1,490.9 crore for the same period of the previous fiscal.
 
 •  IT dept to share vital data with MCA to nail down shell companies
The tax authorities will now relay audit reports of corporates and specific information from their I-T returns as also PAN data to the ministry of corporate affairs, as the government plans to crack down harder on shell companies.
 
 •  Gold climbs to Rs 29,450 on global cues, silver tops Rs 39,000
Silver reclaimed the Rs 39,000-mark by surging Rs 535 to Rs 39,375 per kg on increased offtake by industrial units and coin makers.
 
 •  Housing sales down 4% in April-June, prices stable
Housing sales fell marginally by 4 percent during April-June period at 53,352 units in the nine major cities of the country due to demand slowdown in the property market, according to a report by PropTiger.Com.
 
 •  Axis Bank acquires payments wallet Freecharge for Rs 385 crore
Acquiring Freecharge's business would give Axis Bank access to about 52 million mobile wallet holders of Freecharge as well as about 150 to 200 professionals.
 
 •  Very much hope Sikka will deliver results: Infy Co-chairman
Infosys Co-Chairman Ravi Venkatesan is hopeful that CEO Vishal Sikka would deliver results for the company and not think of leaving it because of losing high-profile talents.
 
 •  Foxconn announces US manufacturing plant in Wisconsin
Taiwanese electronics manufacturer Foxconn on Wednesday announced plans to build a $10 billion LCD display panel screen plant in Wisconsin, a deal President Donald Trump asserted would not have happened without his efforts.
 
 •  Facebook shares hit record high as mobile ad sales soar
Facebook Inc`s mobile advertising business grew by more than 50 percent in the second quarter, the company said in its earnings report on Wednesday, as the social network continued to establish itself as the venue of choice for an ever-growing array of online advertisers.
 
 •  HCL Tech Q1 net grows 6.1% to Rs 2,171crore; shares rise over 3%
The company had posted a net profit of Rs 2,047 crore in the year-ago period, HCL Technologies said in a BSE filing.
 
 •  7th Pay Commission: Armed forces' officials in peace stations to get ration allowances in cash
Armed forces' officials serving in forward bases will continue to get their free ration without any change while those posted in peace stations will be provided the benefit in cash.
 
 •  Axis Bank likely to acquire Freecharge for Rs 350-400 crore; announcement likely today
Snapdeal is also looking at selling its e-commerce business and has been engaged in discussions with larger rival Flipkart for the past few months.
 
 •  Samsung's Q2 net profit hits record high
South Korean tech giant Samsung Electronics on Thursday reported a second quarter net profit of 11 trillion won ($9 billion), up 89 per cent year-on-year, the company said in a statement here.
 
 •  Petrol, diesel price on 27th July 2017: Check out the rates here city-wise
Here is the city-wise list of petrol, diesel price for 27th July 2017.
 
 •  Govt identifies 400 benami transactions
More than 400 Benami transactions have been identified since the Benami Act has come into effect, informed Minister of State for Finance Santosh Kumar Gangwar in a written reply to a question in Rajya Sabha on Tuesday.
 
 •  India relaxes rules of Gold Bond Scheme to attract more investors
India eased the restrictions for its Sovereign Gold Bond Scheme after failing to secure the targeted investment, the government said on Wednesday.
 
 •  Cabinet clears minimum wage code bill
The Union Cabinet on Wednesday approved the new wage code bill which will ensure a minimum wage across all sectors by integrating four labour related laws.
 
 •  Cabinet gives ex-post facto nod for GST rollout in J&K
The Cabinet on Wednesday gave ex-post facto approval for amendment to the Constitution to allow implementation of GST in Jammu and Kashmir.
 
 •  E-commerce sites to disclose food expiry date, MRP
E-commerce companies will now have to display the expiry dates and maximum retail prices of packaged food products under new rule designed to protect consumers from being sold old stuff.
 
Updated: 41 minutes ago
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