Business news

Sony acquires Israel-based Altair Semiconductor in an effort to boost IoT. The deal is valued at $212 million and expected to close in February 2016.

Sony to buy Israel-based Altair Semiconductor for $212 million

The deal, which will be closed by early February, is part of Sony's efforts to boost its Internet of Things (IoT) game.

Jan 27, 2016

World Bank cuts 2016 oil estimate by $14 to $37 a barrel

World Bank expects the oil prices to fall by another 27% this year.

Jan 27, 2016

Brazil: Zika virus could be linked to 4,000 microcephaly cases

The mosquito-borne Zika virus could be linked to 4,000 suspected cases of microcephaly in Brazil including 49 deaths, the World Health Organization (WHO) said on 26 January. Brazil has reported 3,893 suspected cases of microcephaly, the WHO said on 22 January, over 30 times more than in any year since 2010 and equivalent to 1-2 percent of all new-borns in the state of Pernambuco, one of the worst-hit areas.

Jan 26, 2016

Chinese stocks plummet 6% as oil prices fall again

Global crude oil prices again traded below $30 a barrel.

Jan 26, 2016

Chinese stocks are in the red but dont panic â€“ this is a global investment opportunity

Why you should not fear over plummeting Chinese stock market.

Jan 26, 2016

State-run oil firms to set up mega refinery for Rs 1 lakh crore

The plant with a refining capacity of 60 million metric ton a year will be build by IOC, BPCL, HPCL and EIL at the west coast in Maharashtra.

Jan 26, 2016

Air India to follow reserve bench concept of IT industry

Air India targets to take the number of employees on the reserve bench to 25% of its total headcount.

Jan 26, 2016

Online retailers may cut campus job offers in 2016

The slowdown in campus hiring may be due to recent layoffs and unsuccessful business models of some companies, says Manaswini Acharya, dean at IMI Delhi.

Jan 26, 2016

Deutsche Bank to hand out sharply lower bonuses this year: Report

Deutsche Bank is contemplating handing out "some extra money" to the top performers in order to retain them.

Jan 26, 2016

Britain and Bill Gates pledge Â£3bn to fight malaria

British taxpayers will join forces with Microsoft tycoon Bill Gates and fund a Â£3bn programme whose aim is to eradicate malaria within decades.

Jan 25, 2016

Sensex, Nifty close with minor gains; Tata Steel, Sun Pharma, ONGC top gainers

The indices opened higher and gained further but shed gains in the afternoon session.

Jan 25, 2016

Eros to release 65 films this year in different languages

Eros CEO Sunil Lulla said new releases will strengthen the company's presence in the entertainment business.

Jan 25, 2016

Cairn India-Vedanta merger may be delayed by 'at least' 3 months

Anil Agarwal-led Vedanta Resources had said in November last year that the merger would be completed by 2016's April-June quarter.

Jan 25, 2016

Air India to lease out more space to generate revenue

The state-run airline hopes to receive Rs 5 crore annually by renting out 17,000 sq ft of commercial space at its Mumbai headquarters.

Jan 25, 2016

Budget 2016: More sops for start-ups likely

The government may ease norms regarding investments in listed and unlisted start-ups.

Jan 25, 2016

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Business news

Sony to buy Israel-based Altair Semiconductor for $212 million

World Bank cuts 2016 oil estimate by $14 to $37 a barrel

Brazil: Zika virus could be linked to 4,000 microcephaly cases

Chinese stocks plummet 6% as oil prices fall again

Chinese stocks are in the red but dont panic â€“ this is a global investment opportunity

State-run oil firms to set up mega refinery for Rs 1 lakh crore

Air India to follow reserve bench concept of IT industry

Online retailers may cut campus job offers in 2016

Deutsche Bank to hand out sharply lower bonuses this year: Report

Britain and Bill Gates pledge Â£3bn to fight malaria

Sensex, Nifty close with minor gains; Tata Steel, Sun Pharma, ONGC top gainers

Eros to release 65 films this year in different languages

Cairn India-Vedanta merger may be delayed by 'at least' 3 months

Air India to lease out more space to generate revenue

Budget 2016: More sops for start-ups likely

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]