Business news

Real Estate in Union budget 2017: 5 expectations that govt should address this financial year

Here are five expectations of the real estate sector that need to be addressed in the union budget 2017-18.

Jan 18, 2017

Cabinet clears public listing of 5 state-run general insurance companies

New India Assurance Co, United India Insurance, Oriental Insurance, National Insurance Company and General Insurance Corp would be publicly listed.

Jan 18, 2017

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Budget 2017 printing could start by Sunday this week with halwa ceremony

Budget 2017: The next budget will also be a full-fledged document but in 2019, it will be vote-on-account.

Jan 18, 2017

Videocon to exit spectrum-oriented businesses by shutting down services in Punjab from Feb 15

Punjab was the only telecom circle where Videocon was still in operation after the telco sold its spectrum to Bharti Airtel for Rs 4,428 crore last year.

Jan 18, 2017

Sources deny Lufthansa-Etihad stake deal: Report

69 percent of Germany-based Lufthansa is owned by German investors, 13 percent by US investors and 9 percent by other nationalities.

Jan 18, 2017

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Mandhana Retail Ventures spurts on Salman Khan's acquittal

Products of Salman Khan's Being Human NGO are sold by Mandhana Retail Ventures whose shares rise after the actor's acquittal by a Jodhpur court.

Jan 18, 2017

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Sensex up as banking stocks gain ahead of earnings

The Nifty Bank index hit its highest in two months, with HDFC Bank and ICICI Bank leading the gains. The benchmark BSE Sensex was 0.5 percent higher at 27,375.64

Jan 18, 2017

Qualcomm slapped with US antitrust suit for unfair trade practices

The US agency also accused Qualcomm of refusing to license some standard essential patents to rival chipmakers and of entering into an exclusive deal with Apple Inc

Jan 18, 2017

Snapdeal's FY16 losses increase two-fold to Rs 2,960 crore

One of the many reasons for the losses is that Snapdeal is losing market share to rivals Flipkart and Amazon.

Jan 18, 2017

Brexit: Here is the 12-point plan British PM Theresa May laid out for UK leaving the EU

British PM Theresa May warned that she would not tolerate 'opposition for opposition's sake' when time came for the Brexit deal to be negotiated

Jan 17, 2017

gold prices, gold demand, gold outlook, silver prices, silver demand, india news, wgc gold demand

Gold, silver prices rise sharply over domestic buying, global uncertainty

Projections for weak gold, silver prices due to subdued demand notwithstanding, the two metals have been rising steadily.

Jan 17, 2017

Rolls-Royce to pay $817 million in penalties to settle bribery charges

Rolls-Royce Holdings reached an agreement with US, UK and Brazil authorities over allegations that it hired commercial agents to secure high-value contracts in several countries.

Jan 17, 2017

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Budget 2017: Provide incentives for travel, tourism start-ups, says Nirvana Excursions

Tourism is not just a money spinner but also provides jobs to millions; sops for start-ups in Budget 2017 would help, says Nirvana Excursions.

Jan 17, 2017

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British American Tobacco gets full control of US rival Reynolds in $49.4 billion deal

Reynolds shareholders will get $29.44 in cash and 0.5260 BAT ordinary shares for each share held; deal makes BAT the world's largest listed tobacco company.

Jan 17, 2017

India's oil demand growth rate continues to outpace China's for third successive year

Analysts opine that gains in oil demand from manufacturing-led Make in India initiative will more than offset the negative impact of the note ban.

Jan 17, 2017

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