Business news

Sensex builds on gains, rises 288 pts; Nifty claims 10,800 mark

Traders said the domestic equities mirrored a firm trend at other Asian bourses, while market sentiments were also lifted by US-China trade talks.

Jan 7, 2019

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Q3 results, macro-data to determine indices' trajectory

Market observers opined that other global cues such as crude oil prices, combined with the direction of foreign fund flows and the rupee's movement against the US dollar, will also have a bearing on the risk-taking appetite of investors.

Jan 6, 2019

No plan to ban Huawei devices in India, big relief to brand facing block in the west

Huawei is facing a ban in the US, Australia, New Zealand and Canada over security concerns, and the company has recently also made news for the arrest of its chief financial officer in Canada.

Jan 5, 2019

Reliance Jio price wars: Airtel, Vodafone continue to bleed cash and customers

Top two players, Vodafone Idea and Bharti Airtel, suffer erosion of market share and profitability as aggressive Reliance Jio presses ahead

Jan 4, 2019

Lifeline for HAL? Cash-strapped PSU to make weaponised Tejas fighters for IAF

The Bengaluru-headquartered public sector behemoth has been reeling under a double whammy of depleting order book and chronic delays in the deployment of budgetary allocations.

Jan 4, 2019

Ericsson seeks arrest and detention of Anil Ambani over Rs 550 crore dues

In early October, Reliance Communications had sought 60 more days for repayment of Rs 550 crore to Ericsson.

Jan 4, 2019

Hong Kong Airlines Airbus A330-200 passenger jet

Insurer drops collapse cover for travellers with HNA's Hong Kong Airlines

A Hong Kong insurance provider is to stop offering cover against the possibility of HNA-controlled Hong Kong Airlines folding, according to a notice issued by the insurer to its agents and seen by Reuters.

Jan 4, 2019

DGCA raps Spicejet for mid-air New Year celebrations

SpiceJet has said that the airline has not violated any protocol and its crew did not participate in dancing.

Jan 4, 2019

Reliance Jio continues to hurt rivals as its subscriber base spikes

In fact last year RJio has managed to add close to 10 million users almost every month which imply that the war to dominate to the telecom is far from over at least in near future.

Jan 3, 2019

India GDP agriculture gdp estimate rural demand

Markets edgy as Modi govt considers massive farm relief package

Prime Minister Modi mulling programmes costing Rs 2.3 lakh crore including direct benefit transfer (DBT) of Rs 4,000 per acre and Rs 50,000 interest-free loan per hectare.

Jan 3, 2019

GoAir sale of tickets at just Rs 1,199 has customers reeling

The sale is valid for trips between July 8 and September 29.

Jan 3, 2019

Online food delivery war: Zomato in talks to raise capital as Swiggy races ahead

Last year, Swiggy had managed to raise $1 billion in the largest ever funding round in food tech to become the fifth most valuable startup in the country.

Jan 3, 2019

Make in India push: Public procurement policy booster dose to pharma sector

The Department of Pharmaceuticals-mandated preference to local makers aims at achieving 75 per cent local content in public procurement programmes this fiscal and 90 per cent by 2025.

Jan 2, 2019

Royal Enfield Interceptor 650 & Continental GT 650

Jawa spoils Enfield's party; Eicher Motors sinks 7.5% as December sales plummet

Royal Enfield sales in December dropped more than 13 percent to 58,278 units, down from 66,968 in the same period the previous year.

Jan 2, 2019

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Sensex down 320 points, auto stocks slump

The weakness in the domestic indices came on the back of a similar trend in the Asian markets along with a sharp decline in rupee and a slowdown in the manufacturing PMI data.

Jan 2, 2019