Business news

SpiceJet hikes salary of pilots by Rs 1 lakh to check attrition

The increase in salary is being seen as loyalty and continuity allowance.

Sep 30, 2016

Induction of new A320neos to boost IndiGo's market share: Report

The induction of the new aircraft could raise the carrier's market share to 50 percent by next year.

Sep 30, 2016

HCL enters into 15-year partnership with IBM

The partnership will enable the two companies to focus on native cloud and cognitive solutions.

Sep 30, 2016

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Hindustan Copper offer-for-sale kicks off; share trading below reserve price

The Indian government, which holds 89.95 percent, is selling up to 7 percent via the OFS route.

Sep 30, 2016

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Stock markets shrug off 'uncertainty' talk; Sensex, Nifty trade flat

The geo-political risks arising out of Indian Army's surgical strikes on terror camps along the LoC seem exaggerated.

Sep 30, 2016

Indian bitcoin company raises $1.5 million from US, Indian investors

Unocoin, which runs a trading platform of bitcoins said the money raised was the largest for an Indian bitcoin startup.

Sep 30, 2016

Oil rises close to $50/bbl; doubts on OPEC plan cap gains

OPEC officials said their plan will remove around 700,000 bpd from the market.

Sep 30, 2016

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Disney and Google join list of potential bidders for Twitter

With Twitter likely to follow Linkedin into the arms of a tech giant with deep pockets (Microsoft), the question is: whos next on the shopping list of tech behemoths like Google, Apple and Microsoft?

Sep 29, 2016

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India allays fears of instability in stock, currency markets

A senior finance ministry official says the crash in stock, currency markets would be temporary.

Sep 29, 2016

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Sweden is trying to convince Nasa to send the first condom into space

The condom is one of the most important inventions for people on earth. This small little latex thingy might look simple, but it is extremely important in letting every human decide about their own bodies and their own lives. This is why RFSU, the Swedish Association for Sexuality Education, is trying to convince Nasa to send the first condom into space: The Swedish Space Condom. RFSU made this film as an open letter to Nasa to explain why sending a condom into space is such a great idea.

Sep 29, 2016

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Aditya Birla Group to hire 12,000 freshers in 3 years

Kumar Mangalam Birla, chairman, Aditya Birla Group, shares hiring plans at an event in Mumbai.

Sep 28, 2016

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Air India narrows June quarter loss to Rs 246 crore

National carrier Air India saw its average revenue per yield fall due to competition from rivals.

Sep 28, 2016

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ING could sell $300 million stake in Kotak Mahindra Bank: Report

Amsterdam-based ING holds 6.42 per cent stake in private sector lender Kotak Mahindra Bank.

Sep 28, 2016

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India approves options trading in commodity markets

Regulator Sebi says details would be provided at a later date.

Sep 28, 2016

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Apple to create spectacular new London campus at Battersea Power Station

Apple will move 1,400 staff into its new headquarters by 2021. Employees will occupy 500,000 sq ft of office space across six floors.The building is undergoing a Â£8bn regeneration after lying derelict for 33 years.

Sep 28, 2016

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