Business news

A bottle of Johnson and Johnson Baby Powder is seen in a photo illustration taken in New York

Johnson & Johnson agrees to pay $413 million for faulty implants; deadlock continues in India

The development comes at a time when J&J is set to face a trial in Dallas on January 14, where five Pinnacle-hip recipients have argued that the companies launched the device into the market without any proper testing.

Dec 13, 2018

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True North to buy majority stake in Max Bupa Health Insurance

The development will highlight the first exit by an Indian promoter in the domestic health insurance industry.

Dec 13, 2018

BJP's Assembly election debacle may force a rural twist to Union budget

A marked shift in voting preference of villagers and farmers' anger demand urgent budgetary course correction.

Dec 13, 2018

Gold edges lower as dollar steadies, equities tick up

Gold prices slipped on Thursday as the dollar steadied and equities climbed on signs of easing trade tensions between the United States and China, while palladium rose to a record high, trading at a premium to the bullion.

Dec 13, 2018

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RBI chief's meeting with public sector banks: Liquidity of economy to dominate discussions

Shaktikanta Das' remarks on the first day in office make clear the central bank's future direction in addressing government concerns.

Dec 13, 2018

Key Indian equity market indices open in green

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 10,737.60 points on Wednesday, was quoting at 10,807.40 points, up by 69.80 points or 0.65 per cent.

Dec 13, 2018

Nissan to boost external board seats, set up compensation committee

Nissan Motor plans to boost the number of external board members and set up a committee to oversee compensation as part of its effort to improve governance following the arrest of former Chairman Carlos Ghosn for financial misconduct.

Dec 13, 2018

Google CEO Sundar Pichai explains why searching 'idiot' turns up Donald Trump's images

Pichai was in Washington, DC. on Tuesday to defend his company against allegations of political bias and manipulating content at House Judiciary Committee. Republicans felt that search results were manipulated for political gain.

Dec 12, 2018

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Sensex surges 600 points; Trust in Modi's return in 2019 fuelling markets?

The only thing that can still upset Modi's apple cart is a joining of forces by the Samajwadi Party (SP) and the Bahujan Samaj Party (BSP) in Uttar Pradesh.

Dec 12, 2018

Nifty and Sensex end higher after swift change of guard at RBI

Indian shares marked a one-week closing high on Wednesday, driven by financials and automakers after the government appointed a new central bank governor quickly, amid state election results raising hopes of increased rural spending.

Dec 12, 2018

RBI governor Shaktikanta Das' MA History degree opens floodgates for Twitter memes

Netizens were quick to point out Das' highest educational degree was in M.A. History, unlike his predecessors who all had Ph.Ds in Economics.

Dec 12, 2018

Walmart's Rs 2,190 crore investment in Flipkart heats up battle with rival Amazon

Capital infusion seen as first of several tranches as Walmart takes on Amazon outside its home turf.

Dec 12, 2018

Byju's raises $400 million in latest round of funding; now valued at $4 billion

Byju's is now valued behind digital payments firm Paytm (One97 Communications Pvt. Ltd), cab-hailing service Ola and budget hotel chain Oyo Rooms.

Dec 12, 2018

Who is Shaktikanta Das? Centre appoints new RBI governor following Urjit Patel's resignation

Das is taking over from Urjit Patel who stepped down from his post on Monday amid speculations of an ongoing rift between RBI and the Central government.

Dec 11, 2018

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RBI governor Urjit Patel's resignation could trigger FII outflow: Report

In December, the FII have sold over $31.67 million worth share. It is to be noted that last year registered a net outflow of FII investment of worth $4921.45 million.

Dec 11, 2018

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Business news

Johnson & Johnson agrees to pay $413 million for faulty implants; deadlock continues in India

True North to buy majority stake in Max Bupa Health Insurance

BJP's Assembly election debacle may force a rural twist to Union budget

Gold edges lower as dollar steadies, equities tick up

RBI chief's meeting with public sector banks: Liquidity of economy to dominate discussions

Key Indian equity market indices open in green

Nissan to boost external board seats, set up compensation committee

Google CEO Sundar Pichai explains why searching 'idiot' turns up Donald Trump's images

Sensex surges 600 points; Trust in Modi's return in 2019 fuelling markets?

Nifty and Sensex end higher after swift change of guard at RBI

RBI governor Shaktikanta Das' MA History degree opens floodgates for Twitter memes

Walmart's Rs 2,190 crore investment in Flipkart heats up battle with rival Amazon

Byju's raises $400 million in latest round of funding; now valued at $4 billion

Who is Shaktikanta Das? Centre appoints new RBI governor following Urjit Patel's resignation

RBI governor Urjit Patel's resignation could trigger FII outflow: Report

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]