Business news

Indian markets expected to be spooked by US Fed rate hike

It could potentially lead to a massive pull-back of foreign funds from India.

Dec 13, 2015

Nestle may leave Switzerland in the face of restrictions on pay, staffing

Nestle will not revise its growth targets despite a tough market environment.

Dec 13, 2015

Stock markets may turn volatile, plummet on Fed rate hike

Traders are being cautious ahead of the Fed policy meeting on December 15-16.

Dec 13, 2015

Packaged food market to be worth $50 bn by 2017: Assocham

There has been a major shift in food habits in metropolitan cities, the survey said.

Dec 13, 2015

Gold reclaims Rs 26,000-mark as US Fed rate hike looks done deal

Gold prices are also supported by increased buying by jewellers to meet a spike in demand in the wedding season.

Dec 12, 2015

Chennai floods to weigh significantly on earnings in Oct-Dec quarter: TCS

Chennai is one of TCS' largest delivery locations with over 65,000 employees.

Dec 12, 2015

Sensex down 600 points this week on GST logjam, looming US Fed rate hike

Investors are now skeptical over Parliament's approval for GST bill following the controversy over the National Herald case.

Dec 12, 2015

Telcos already facing heat from impending Reliance Jio launch

"The market continues to underestimate the disruption from new entrant RJio," said Vinay Jaising, analyst at Morgan Stanley.

Dec 12, 2015

TCS top wealth creator for investors in the last five years: Study

As many as eight of the top 10 wealth destroying firms are doing commodity business.

Dec 12, 2015

Coca-Cola may close plants in India if 40% tax on soft drinks is approved

Currently, the aerated drink makers pay an excise duty of 18%.

Dec 11, 2015

Flipkart stops selling e-books due to poor response

Indian users not yet ready to adopt the e-book format.

Dec 11, 2015

Tata Group to launch its e-commerce portal soon: Report

Tata UniStore Ltd's online portal will offer over 100 brand stores, the group said.

Dec 11, 2015

Infosys to come back to industry-leading growth path: Vishal Sikka

Infosys would see a 'more pronounced' once new initiatives taken by it start yielding results, the company said.

Dec 11, 2015

France regional elections 2015: Can Front National pull off a historic victory?

Front National are leading the regional elections in 6 out of 13 regions. But can they really win one?

Dec 10, 2015

FDA approves XSTAT bullet would-plugging device for civilian use

The US Food and Drug Administration has approved the civilian use of the XSTAT Rapid Haemostasis System, which can stop the bleeding from an open gunshot wound in 15 seconds.

Dec 10, 2015