Business news

Demand in India's consumer electricals sector likely to revive in 3-4 months: Nirmal Bang

Footfalls have rebounded to around 70% of the pre-demonetisation level compared with only 20% in November last year, according to the brokerage.

Jan 14, 2017

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Gold, silver outlook for 2017 is bleak, says Angel Broking

The government's import duty stance in Budget 2017, impact of demonetisation, to influence gold prices this year; silver outlook also bleak.

Jan 14, 2017

JSW Cement, other investors to buy out stake in Shiva Cement

Shiva Cement -- in which ACC Ltd currently holds 13% -- said it agreed to sell its 35.6% promoter holding to JSW Cement at Rs 14 a share.

Jan 13, 2017

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Infosys Q3 FY2017: Here is what Vishal Sikka, Pravin Rao, MD Ranganath said after Dec quarter results

The Bengaluru-based firm clocked net sales of Rs 17,273 crore for the quarter that ended on December 31, 2016.

Jan 13, 2017

Demonetisation is a Black Swan moment for Digital India, says IAMAI president Subho Ray

Subho Ray, President of IAMAI, on Digital India after demonetisation and his wish list from Budget 2017: an exclusive interview

Jan 13, 2017

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SpiceJet- Boeing deal: Low-cost carrier places order for 205 aircraft worth $22 billion

With the new order, SpiceJet will overtake IndiGo to become India's largest airline as per fleet size.

Jan 13, 2017

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BSE IPO: All you need to know about issue price, opening and closing dates; top 10 existing shareholders

Asia's oldest stock exchange — BSE — is planning to raise about Rs 1,300 crore using the OFS route in its IPO.

Jan 13, 2017

Airbus, Iran deal: IranAir takes delivery of its first Airbus airliner, as sanctions become a memory

The Airbus A321 landed in Iran on Thursday and was received by the Iranian transport minister.

Jan 13, 2017

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Oil prices edge up on record China crude imports; Saudi output cut

Record Chinese oil imports of 8.56 million barrels per day (bpd) in December helped buoy prices.

Jan 13, 2017

Infosys Q3 net profit rises 7% at Rs 3,708 crore, lowers dollar revenue guidance

Infosys registered revenues worth Rs 17,273 crore for the third quarter that ended on December 31, 2016.

Jan 13, 2017

TCS Managing Director N Chandrasekaran appointed Chairman of Tata Sons

Natarajan Chandrasekaran was the Chief Executive Officer and Managing Director of Tata Consultancy Services since 2009.

Jan 12, 2017

Microsoft sued by moderators who developed PTSD after viewing child abuse content

The complaint stressed that the moderators had to view "inhumane and disgusting content" on a continuous basis.

Jan 12, 2017

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TCS Q3 net profit rises 11%, income up 9%; Infosys to declare results on January 13

N Chandrasekaran, CEO and MD of TCS attributes the Q3 upbeat performance to the company's "resilience".

Jan 12, 2017

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MRF to invest Rs 4,500 crore for tyre project in Gujarat

The announcement by India's largest tyre maker MRF also says that the investment will be in a phased manner.

Jan 12, 2017

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Budget 2017: NITI Aayog not in favour of raising income tax exemption limit

Niti Aayog, the Indian government's think-tank, would want the threshold for the 10 percent tax rate to be increased, instead.

Jan 12, 2017

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