Business news

General Motors shelves future investments on new products in India

GM said it is conducting a full review of its future product portfolio given the shift in customer preferences in India.

Jan 22, 2017

SBI may raise up to Rs 15,000 crore in next 18 months from capital markets, SBI Life IPO

State Bank of India said it could tap the capital markets to raise up to Rs 10,200 crore in the next fiscal year.

Jan 22, 2017

Apple-Qualcomm war: Chinese company sued for $1 billion over unfair royalties

Apple alleged in its lawsuit that Qualcomm withheld $1 billion in payments as retaliation for its co-operation to authorities.

Jan 21, 2017

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Wipro, HUL, HDFC Bank, ICICI Prudential Q3 results likely to guide Sensex, Nifty

Companies due to declare Q3 results next week include Idea Cellular, HDFC Bank, Wipro, HUL and ICICI Prudential Life Insurance.

Jan 21, 2017

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UFO Moviez Q3 results: Demonetisation likely to hit company's ad revenues

Listed company UFO Moviez earns revenues from digital film distribution, leasing of digital cinema equipment and in-cinema ads.

Jan 21, 2017

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US stock markets end with modest gains on Donald Trump's protectionist speech

Donald Trump, after taking oath as the 45th president of the US, made a speech that had the hallmarks of protectionism and populism.

Jan 21, 2017

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CCI fines cement companies Rs 205 crore for cartelisation in Haryana

Shree Cement, UltraTech Cement, Jaiprakash Associates, JK Cement, Ambuja Cements, ACC and JK Lakshmi Cement have been fined for bid-rigging.

Jan 20, 2017

Flipkart once again rated most trusted e-commerce brand ahead of Amazon and Snapdeal

Flipkart ranked number one on product selection, customer support, ease of return, refund and reverse pick up speed in a consumer study.

Jan 20, 2017

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Patanjali Ayurved in Pakistan? Why not, asks Baba Ramdev

Baba Ramdev says Patanjali Ayurved's ventures in poor countries like Pakistan would be a win-win situation for India.

Jan 20, 2017

Countries rushing to amass fighter jets will fire global defense sector growth in 2017-18

The global Aerospace and Defense sector is likely to grow at 2 percent in 2017, driven primarily by a 3.2 percent revenue growth in the defense sector, a Deloitte report says.

Jan 20, 2017

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Infosys CEO Vishal Sikka, HR head Shankar make tough comments on jobs, hiring; AI is a big challenge

Artificial intelligence poses a threat to IT jobs, says CEO Vishal Sikka, while Infosys HR head Shankar talks of 'releasing' employees.

Jan 20, 2017

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Rupee opens higher; Axis Bank leads Sensex, Nifty fall over weak Q3 results

Benchmark indices were down ahead of Donald Trump assuming office and cautious mood before Budget 2017; Axis Bank plunges after disappointing Q3 results.

Jan 20, 2017

Alibaba's Jack Ma says US wasted trillions on warfare and still blames others for loss of jobs

Alibaba's Jack Ma said the US has no one but itself to blame for its economic woes and much of the problem is rooted in wasteful spending on warfare.

Jan 20, 2017

Motherson Sumi to acquire Finnish truck wire maker PKC for $609 million

MSSL has offered 23.55 euros per PKC share, representing a 51 percent premium to PKC's closing price on Thursday.

Jan 20, 2017

Western Union slapped with $586 million penalty over money transfer fraud

Western Union admitted to criminal violations and failing to maintain an effective anti-money laundering program and aiding wire fraud.

Jan 20, 2017

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Business news

General Motors shelves future investments on new products in India

SBI may raise up to Rs 15,000 crore in next 18 months from capital markets, SBI Life IPO

Apple-Qualcomm war: Chinese company sued for $1 billion over unfair royalties

Wipro, HUL, HDFC Bank, ICICI Prudential Q3 results likely to guide Sensex, Nifty

UFO Moviez Q3 results: Demonetisation likely to hit company's ad revenues

US stock markets end with modest gains on Donald Trump's protectionist speech

CCI fines cement companies Rs 205 crore for cartelisation in Haryana

Flipkart once again rated most trusted e-commerce brand ahead of Amazon and Snapdeal

Patanjali Ayurved in Pakistan? Why not, asks Baba Ramdev

Countries rushing to amass fighter jets will fire global defense sector growth in 2017-18

Infosys CEO Vishal Sikka, HR head Shankar make tough comments on jobs, hiring; AI is a big challenge

Rupee opens higher; Axis Bank leads Sensex, Nifty fall over weak Q3 results

Alibaba's Jack Ma says US wasted trillions on warfare and still blames others for loss of jobs

Motherson Sumi to acquire Finnish truck wire maker PKC for $609 million

Western Union slapped with $586 million penalty over money transfer fraud

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]