Business news

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Equity indices at one month closing high; SBI major gainer

Public sector banking stocks witnessed renewed buying from investors followed by IT on Friday.

Dec 9, 2016

Nalco to post better business growth in second half on improved metal prices

The aluminium major also plans to utilise its internal reserve in funding the company's domestic expansion plans.

Dec 8, 2016

Shares of Divi's Labs fall on US drug regulator's observations

The company informed bourses that the US drug regulator has issued a form 483 with five observations after inspecting its Visakhapatnam unit.

Dec 8, 2016

Essel Infraprojects in talks to buy stake in IVRCL unit: Report

Lenders to the debt-laden infra firm are trying to sell company's assets in order to recover their pending dues.

Dec 8, 2016

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Tata Steel shares surge over 4% on UK investment plan

The company pledged to stay invested at Port Talbot Steelworks for the next 10 years with huge investment plan.

Dec 8, 2016

Markets close on a cheerful note on FII buying, global cues

The 30-share index rallied around 500 points intraday and closed Thursday trade with spectacular gains on bullish investors' sentiments.

Dec 8, 2016

Drug that stops the spread of cancer has been developed

A study shows that tumour cells are dependent on fat to start metastasis: the process through which cancer spreads from one part of the body to another. It is one of the aspects of the disease that makes it so deadly – indeed, it is the reason behind 90% of human cancer deaths. The way in which cancer spreads is extremely complex.

Dec 7, 2016

Donald Trump wins Time Person of the Year

President-elect Donald Trump has been awarded Time Person of the Year for 2016. Time magazine honours those that have the biggest political and/or cultural impact throughout that year. The divisive Trump has also divided Twitter with some in horror, others supporting the decision, but many just making jokes about The Donald winning.

Dec 7, 2016

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Bharat Electronics, ECIL bag order to supply EVMs

Of the two companies, Bharat Electronics Ltd. (BEL) is a defence PSU listed on stock exchanges.

Dec 7, 2016

ToneTag allows cashless payments through feature phones

ToneTag provides accessible solutions to demonetisation issue by allowing its users to make payments via feature phones.

Dec 7, 2016

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NTPC strikes black gold in Jharkhand

In a statement on Wednesday, state-run power producer NTPC says coal production will shortly commence from the Jharkhand mines.

Dec 7, 2016

What is next for oil prices after Opec?

Opecs surprise decision to cut oil production by 1.2 million barrels per day has boosted the crude oil price. Financial columnist Edmund Shing asks whats next for the oil industry and whether now is a good time to invest in companies dealing with crude.

Dec 7, 2016