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Sensex, Nifty snap winning streak ahead of Economic Survey 2017; Airtel gains 7.50%

Bharti Airtel gains amid Idea-Vodafone merger talks; upbeat Q3 results by HDFC, Bajaj Finance fail to lift sentiments ahead of Economic Survey 2017.

Jan 30, 2017

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Centre to announce rail safety fund on February 1

The fund would be utilised to improve safety in the aftermath of two major rail accidents that led to the deaths of 200 people.

Jan 30, 2017

Budget 2017: Top 5 expectations of Indian automobile industry

The auto sector had a roller coaster ride in 2016 and is expecting more sops in Budget 2017.

Jan 30, 2017

Piramal Enterprises acquires spasticity, pain management drugs from UK-based Mallinckrodt for $171 million

The portfolio acquired includes Gablofen, a severe spasticity management product, and two pain management products under development.

Jan 30, 2017

Vodafone, Idea merger: New entity to change the pecking order of Indian telecom

If the merger happens, the combined Vodafone-Idea entity would have 43% revenue share in the market by FY2018-19 against 33% of Bharti Airtel and 13% of Reliance Jio.

Jan 30, 2017

Mumbai-based MyDidi buys on-demand home cleaning services platform TimeMyTask

The acquisition gives MyDidi access to B2B operations in New Delhi, Bengaluru and Pune in additional to its own B2C business in Mumbai.

Jan 30, 2017

Suzuki Gujarat plant construction completed; production to start from February 1: Report

Baleno hatchback will be the first car to be rolled out from the Suzuki Gujarat plant.

Jan 30, 2017

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January car sales preview: Maruti Suzuki, Tata Motors likely do well, says Nirmal Bang, on eve of Budget 2017

Maruti Suzuki, Renault, Hero Motocorp, Bajaj Auto, TVS, Hyundai will be reporting their January car sales on February 1, coinciding with Budget 2017.

Jan 30, 2017

Donald Trump's immigration ban: Here's how US tech industry leaders reacted

In an executive order last week, Trump banned the entry of citizens from seven Muslim countries to "keep radical Islamic terrorists" out of America.

Jan 30, 2017

Mastercard eyes Indian e-commerce space, plans more tie-ups to expand footprint

Mastercard will bring innovative digital payment methods and partner with small businesses and outbound travelers.

Jan 30, 2017

Budget 2017: Eating out, flying to cost more as service tax may be hiked before GST rollout

The expected move would be an attempt by the government to bridge the gap between the existing service tax rate and the proposed GST tax slabs.

Jan 30, 2017

Budget to chart stock market's direction in action-packed week ahead

Amid consensus of a populist Budget, markets do expect the finance minister to walk the self-committed fiscal consolidation path for FY2017-18.

Jan 29, 2017

Volkswagen's Audi brand recalls nearly 600,000 SUVs in US over fire risks, airbag defects

Audi's expected recall in February includes 2013-2017 model year A5, A5 Cabriolet and Q5 SUVs with 2.0-liter turbocharged engines.

Jan 29, 2017

India Post Payments Bank gets RBI licence to commercially start services

So far, only Paytm and Airtel have launched their payments bank commercial operations across India.

Jan 29, 2017

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Vijay Mallya blames everybody except himself for Kingfisher Airlines disaster

In a series of tweets, beleaguered businessman Vijay Mallya lists a series of problems for the mess that Kingfisher Airlines is in.

Jan 28, 2017

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