Business news

Oyo secures $1 billion in fresh funds to drive China expansion

The billion dollar boost comes from existing investors such as SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners.

Sep 25, 2018

Who is Ajit Mohan? All you need to know about Facebook India's new chief

Ajit Mohan will assume his new role as managing director and vice-president of Facebook's India operations starting from next year. Mohan joins Facebook with over two decades of industry experience.

Sep 25, 2018

Swiss drugmaker Novartis to cut 1,000 jobs - Reuters

The pharmaceutical major had earlier moved IT, reporting, data and communication jobs to Poland and India to cut down costs. In 2017, Novartis boosted its India operations in Hyderabad, where it has more than 3,500 employees.

Sep 25, 2018

Boeing to invest Rs 1,152 cr to build electronics, avionics facility in Bengaluru

Boeing India President Pratyush Kumar met state Chief Minister H.D. Kumaraswamy at the state secretariat to discuss the project.

Sep 25, 2018

Flipkart may get new CEO to replace Binny Bansal; Kalyan Krishnamurthy frontrunner

In the upcoming days, if Flipkart announces its new CEO at the group level, it will witness the fourth major change in leadership in as many years.

Sep 24, 2018

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Markets crash over liquidity fears; Sensex, Nifty down nearly 1.5%

Analysts said on Monday they remained cautious, adding that more downside was likely even as Sensex and Nifty reeled under liquidity concerns at infrastructure financiers IL&FS.

Sep 24, 2018

Petrol, diesel prices to rise further as global crude poised to touch $100

New Iran sanctions will take 2 million bpd off the markets even as US inventory gets thinner. Fuelled further by supply disruptions elsewhere, global crude prices could breach $100, analysts warn.

Sep 24, 2018

Comcast outbids Fox by acquiring Sky for $40 million in dramatic auction

Buying Sky will make Philadelphia-based Comcast, which owns the NBC network and Universal Pictures, the world's largest pay-TV operator with around 52 million customers.

Sep 23, 2018

Google updates privacy policy for Indian payment app after Paytm complaint

The policy was updated on Thursday night has come after the Indian company, Paytm had sent a communication to the National Payments Corporation of India, raising concern over the possible misuse of data of Indians.

Sep 22, 2018

Yes Bank shares dip almost 34%; record-low since market debut

At 10:34 am on Friday, the shares were trading at Rs 256.15 at the BSE, almost 19.58 per cent low since the previous close.

Sep 21, 2018

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Black Friday that wasn't: Sensex, Nifty crash in jerky trade as NBFCs face rout

The sentiment swing on the market was so wild that the benchmark index lost 800 points within minutes. The 50-share index Nifty also tracked losses, slipping below 11,000-mark.

Sep 21, 2018

Dubai's Emirates could take over Abu Dhabi's Etihad to create world's largest airline - Report

According to IATA statistics, Emirates is the world's fourth largest airline by passenger numbers, behind American, Delta Air Lines, and United Airlines.

Sep 21, 2018

Trouble mounts for debt-laden Air India as oil companies threaten to stop fuel supply

The OMCs have raised the demand after Air India paid the outstanding amount to the foreign and Indian lenders including other vendors. These dues were paid after the central government injected capital into the cash-strapped national carrier.

Sep 20, 2018

Amazon-Samara Capital buy Aditya Birla Group's More retail chain for Rs 4,200 crore

The deal will eventually witness Amazon buying 49 percent stake in More retail chain.

Sep 20, 2018

Increase in interest rates for small saving schemes; investors breathe a sigh of relief

The small savings schemes include the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), National Savings Certificate (NSC), and post office time deposits.

Sep 20, 2018

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Business news

Oyo secures $1 billion in fresh funds to drive China expansion

Who is Ajit Mohan? All you need to know about Facebook India's new chief

Swiss drugmaker Novartis to cut 1,000 jobs - Reuters

Boeing to invest Rs 1,152 cr to build electronics, avionics facility in Bengaluru

Flipkart may get new CEO to replace Binny Bansal; Kalyan Krishnamurthy frontrunner

Markets crash over liquidity fears; Sensex, Nifty down nearly 1.5%

Petrol, diesel prices to rise further as global crude poised to touch $100

Comcast outbids Fox by acquiring Sky for $40 million in dramatic auction

Google updates privacy policy for Indian payment app after Paytm complaint

Yes Bank shares dip almost 34%; record-low since market debut

Black Friday that wasn't: Sensex, Nifty crash in jerky trade as NBFCs face rout

Dubai's Emirates could take over Abu Dhabi's Etihad to create world's largest airline - Report

Trouble mounts for debt-laden Air India as oil companies threaten to stop fuel supply

Amazon-Samara Capital buy Aditya Birla Group's More retail chain for Rs 4,200 crore

Increase in interest rates for small saving schemes; investors breathe a sigh of relief

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]