Business news

Mistry-Tata war: Ex-chairman Cyrus Mistry likely to lose proxy powers

On Thursday, the Tata Sons board will consider taking away Mistry's powers of voting and attending shareholder meetings.

Nov 17, 2016

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Sensex opens flat, Tata Motors top gainer in early morning trade

Moody's affirmation on India's sovereign rating without an upgrade, coupled with continuing liquidity crunch in the domestic market, weighed on market sentiments.

Nov 17, 2016

Boeing to cut 500 jobs and to close several sites as it looks to consolidate business

Boeing looks to consolidate its defence and space business by 2020.

Nov 16, 2016

Indian rupee plunges to new 5-month low against US dollar

The sharp fall in rupee to the US dollar was attributed to India's trade deficit for October widening to a 10-month high.

Nov 16, 2016

Zareen Khan in Maahi Ve song from Wajah Tum Ho

Evening wrap: Sushma Swaraj in hospital, SBI writes off Kingfisher Airlines loans, Zareen Khan in hot avatar and more

Read about Sitaram Yechury calling the prime minister "Modi Antoinette" and Messi ending all interactions with Argentine media.

Nov 16, 2016

Mutual fund industry clocks 3% rise in AUM in October on higher inflows

Apart from income funds, equity funds and equity-linked savings scheme (ELSS) also saw good inflows in October.

Nov 16, 2016

Vodafone filed a petition against TRAI for letting Jio extend its free services

Vodafone India's IPO launch pushed further to March 2017

Vodafone India said it would proceed with the market listing as soon as "market conditions" allow.

Nov 16, 2016

SBI writes off Kingfisher Airlines' loans from balance sheet; transfers loan to another account

This write-off will allow the public sector lender to take out the loan from the balance sheet with an option to pursue recovery from the promoter.

Nov 16, 2016

LafargeHolcim increases stake in ACC, Ambuja Cements

The cement major increased its stake by 1.49 percent in Ambuja Cements and by 4.19 percent in ACC.

Nov 16, 2016

Don't see bad loans rising in current fiscal: Bank of Baroda

The public sector lender plans to recalibrate all its ATMs by November 25 for dispensing new Rs 500 and Rs 2,000 notes.

Nov 16, 2016

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Tata Global Beverages shares spurt after Cyrus Mistry's ouster as chairman

In a regulatory filing to the BSE, Tata Global Beverages says the board decided to replace Cyrus Mistry as chairman.

Nov 16, 2016

Snapchat confidentially files for $25 billion IPO in high-profile tech stock debut

Companies that have revenues less than $1 billion can secretly file for a public offering

Nov 16, 2016

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Sensex posts early gains on low inflation, weak dollar

Easing retail inflation has raised hopes of further monetary easing by the Reserve Bank of India in coming days.

Nov 16, 2016

Play

Paralysed ALS patient uses computer to speak with her mind

A woman with locked in syndrome as a result of amyotrophic lateral sclerosis (ALS) has been able to speak again as a result of a brain implant that allows her to wirelessly transmit thoughts to a computer. The breakthrough means 58-year-old Hanneke de Bruijne can communicate with her family at home for the first time in at least a year.

Nov 15, 2016

Sensex loses 1,200 points in two days over global cues, demonetisation woes

Benchmark indices BSE Sensex and NSE Nifty lose heavily over demonetisation chaos, global headwinds, despite fall in retail inflation.

Nov 15, 2016

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