Business news

Oil prices rebound on weaker dollar despite bigger-than-expected US stock build

A weaker dollar makes greenback-denominated commodities, including oil, cheaper for holders of other currencies.

Sep 1, 2016

JK Cements and Lafarge among 11 cement companies fined Rs. 6,700 crore by CCI for cartelisation

The competition watchdog has also fined the Cement Manufacturers' Association Rs. 73 lakh.

Sep 1, 2016

dsp blackrock mf, dsp blackrock microcap, personal finance, investments, income tax returns, exemption u/s section 80c, savings,

Sundaram Mutual Fund launches Sundaram Fixed Term Plan - HT

Sundaram Fixed Term Plan - HT is a closed-ended fund and opens on Wednesday (Aug. 31).

Aug 31, 2016

Kotak shares rise on RBI nod for foreign investor's stake hike

Canada Pension Plan Investment Board will increase its stake in the bank upto 10 percent.

Aug 31, 2016

Zee's TEN Sports sold to Sony Pictures in Rs. 2,600 crore all-cash deal

The sale was approved by Zee's Board of Directors on Wednesday. The TEN Sports channels include TEN 1, TEN 1 HD, TEN 2, TEN 3, TEN Golf HD, TEN Cricket and TEN Sports.

Aug 31, 2016

rbl bank listing bse nse stock exchange bombay price shares ok fine bullish rally react losers sensex nse nifty ipo

RBL Bank gains after listing at 22% premium; Sensex at new 52-week high

Private sector lender RBL Bank's initial public offering saw investors lapping up the offer in large numbers.

Aug 31, 2016

gold imports prices jewellery deficit billion tonnes wgc schemes bond etfs women jewelry india trade exports gems council asia obsession

Gold above two-month lows as dollar slip; U.S. jobs data in focus

Gold edged up from two-month lows hit in the previous session, as the dollar edged lower and investors waited for signs on the timing of a Federal Reserve rate hike.

Aug 31, 2016

Federal Bank appoints Sumit Kakkar as Chief Credit Officer

Sumit Kakkar has over 20 years of experience in banking.

Aug 30, 2016

AirAsia India's Q2 loss reduces to Rs 20.36 crore

AirAsia India's revenues increased to Rs. 188.92 crore when compared to Rs. 109.46 crore for the same quarter in the last fiscal.

Aug 30, 2016

Apple faces â‚¬13bn tax penalty for receiving illegal state aid in Ireland

The European Commission alleges that that the US tech giant Apple received illegal state aid from Ireland. It now faces the largest tax penalty ever to be paid in Europe, â‚¬13bn (Â£11.1bn). The commission have claimed that the Irish government provided a deal to Apple in return for job creation in Ireland, which was unfair as it allowed Apple to pay less tax than rival firms.

Aug 30, 2016