Business news

Top Indian politician Jayalalithaa Jayaram, Chief Minister of Tamil Nadu, dies aged 68

The Chief Minister of the southern Indian state of Tamil Nadu, Jayalalithaa Jayaram, has died at the age of 68. Also known as Amma (mother), she suffered a cardiac arrest on 4 December. She had been ailing in hospital since September. Jayalalithaa was a controversial figure with a string of corruption scandals throughout her political career. She served as Tamil Nadu Chief Minister three times.

Dec 6, 2016

intellect design arena, intellect design share price, intellect design arena news, rekha jhunjhunwala sells, rakesh jhunjhunwala intellect design arena, bse sensex, nse nifty

Laurus Labs IPO: Details about the company, public issue, anchor investors

The Rs 1,332-crore, three-day initial public offering (IPO) of Hyderbad-based Laurus Labs opens on December 6 2016.

Dec 6, 2016

Steel production World Steel Association tata steel china imports anti dumping demand global 2016 2017 weak india jindal steel mittal arcelor posco

Steel prices to see limited upside owing to demonetisation

Despite a sharp rise in raw material prices, steel producers will not be able to pass on the cost to consumers due to a possible dip in construction activity after demonetisation.

Dec 6, 2016

Deloitte fined record $8 million by US auditing watchdog

The global auditing firm's Brazilian arm manipulated auditing documents and gave false testimony to thwart investigation.

Dec 6, 2016

BSE Sensex oil india bonus issue results q2 grm price bpcl hpcl iocl price oil import

Equity indices end Tuesday trade with marginal gain

Market will take future direction from RBI's policy review which is scheduled to be out on Wednesday.

Dec 6, 2016

ISS advises TCS shareholders to vote against Mistry's ouster

According to the global proxy advisory firm, neither Tata Sons nor TCS are providing compelling reasons for Mistry's removal.

Dec 5, 2016

Demonetisation impact on MFIs: Situation 'much better' compared to last week, says Ujjivan

After feeling the initial pinch of demonetisation, microfinance institutions are slowly witnessing improvements in loan collections and disbursements.

Dec 5, 2016

italy referendum prime minister resigns outcome results euro zone

Euro, shares skid as Italy votes 'no' on reform, PM Renzi to resign

The euro fell to a 20-month low on Monday.

Dec 5, 2016

Paytm to merge its wallet business with proposed payments bank

The digital payment services provider will have to comply with RBI guidelines before starting payments bank operations.

Dec 5, 2016

demonetisation gdp q2 data growth rate cut nomura analysts rbi mpc meet december 6 and 7 focus shifts to urjit patel modi bank queues sbi bob salary pay day

Union minister debunks economists' forecasts; says GDP to touch 10%

Most economists are of the view that the Indian economy will see a slowdown in demand, leading to low growth figures.

Dec 5, 2016

Equity markets end on a positive note; all eyes on RBI policy

This will be the Reserve Bank of India's first policy review post demonetization move of the government.

Dec 5, 2016

Life Insurance Corporation LIC premium insurance bima diamond plan money back

LIC sells its costliest policy of Rs 50 crore to Mumbai businessman

The annuity plan 'Jeevan Akshay' bought by this businessman has seen a lot of interest from buyers owing to demonetisation.

Dec 3, 2016

Little girl surprises doctors after waking up from coma

One-year-old Marwa was put into a coma by doctors who were trying to save her life after she suffered from a virus infection that was attacking her whole body. After showing no signs of improvement the doctors recommended Marwa to be taken off life support but her parents refused. Luckily a judge granted them another two months to see if the little girl would recover and on 22 November Marwa awoke from the coma.

Dec 3, 2016