The Times of India - Business RBI to issue Rs 200 notes: Finance Ministry 2017-08-23T11:34:43.000000000+00:00 Not considering ban on Rs 2,000 notes: Arun Jaitley 2017-08-23T11:23:42.000000000+00:00 Government to set up alternative mechanism for merger of state owned banks 2017-08-23T10:52:42.000000000+00:00 The government aims to create strong and competitive banks in public sector space to meet the credit needs of the growing economy, absorb shocks and have the capacity to raise resources without depending on the state exchequer, he said. Sensex gains above 250 points as markets erase losses 2017-08-23T10:23:36.000000000+00:00 The 30-share BSE Sensex went up by 276.16 points to close at 31,568.01 while the broader 50-share NSE Nifty closed at 9,852.50, a gain of 86.95 points. Thus, Sensex and Nifty went past the psychological marks of 31,500 and 9,850 respectively. Mergers can reduce state owned banks' need for govt capital : SBI chief 2017-08-23T08:08:55.000000000+00:00 The statement comes after SBI merged all its five subsidiaries and Bharatiya Mahila Bank, which resulted in a massive spike in its provisions and bad loans ratio that touched double digits in the first consolidated results announced earlier this month. Top domestic shareholders seek Nandan Nilekani's re-entry to Infosys 2017-08-23T07:33:57.000000000+00:00 A senior fund manager, who signed the letter said investors want Nilekani back as the CEO. Google and Walmart unveil e-commerce partnership 2017-08-23T07:21:58.000000000+00:00 Walmart will integrate Google Express, which already allows customers to purchase products of a large range of brands, such as Costco and the pharmacy Walgreen's, into its platform in a bid to take on online shopping giant Amazon. Railways to hire 2 lakh workers to put safety back on track 2017-08-23T06:51:37.000000000+00:00 The world’s fourth-largest rail network ferries millions of passengers every day, but doesn’t have a good safety record. Johnson & Johnson fined $417 million in talc cancer suit 2017-08-23T05:30:27.000000000+00:00 Infosys interim CEO tries to motivate employees 2017-08-23T04:14:01.000000000+00:00 Infosys interim CEO and MD U B Pravin Rao said employees must all continue the work they do to create the value the clients are counting on the company to deliver. “It is the huge responsibility we carry. That’s why there can be no disruptions to the work we set out to do every day.