Business news

Asian stock markets tumble after US election results indicate Republican win

The Yen jumped compared to the dollar to 102. Nikkei was down by 429.54 points.

Nov 9, 2016

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Interglobe Aviation Q2 net profit up 24% to Rs 139.8 crore

Income from operations rose to Rs 4,166.9 crore in Q2 from Rs 3,539.9 crore in the year-ago period.

Nov 8, 2016

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News Corp reports lower revenues on falling print advertisement income

News and information services segment revenues drop as ad income takes a hit, says News Corp, owner of Fox News, WSJ, among others.

Nov 8, 2016

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India's 2016 gold demand seen falling to lowest level in 7 years: World Gold Council

India's gold demand in the first three quarters of 2016 fell 29 percent from a year ago to 441.2 tonnes.

Nov 8, 2016

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Varun Beverages lists at a discount but recovers later

Shares of Varun Beverages debut at a discount to the issue price but gain later to trade above Rs 445.

Nov 8, 2016

Britannia shares fall on net profit of Rs 234 crore during September quarter

During the same quarter in the last fiscal, Britannia had posted a net profit of Rs 221.13 crore.

Nov 8, 2016

Asian shares, dollar, ride high as Clinton looks more likely to win election

Clinton is seen by investors as offering greater certainty and stability.

Nov 8, 2016

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ICICI Bank Q2 provisioning for bad loans spurts 650%

Provisioning for bad loans spurts to Rs 7,082 crore in Q2 from Rs 942 crore YoY, says ICICI Bank in regulatory filings.

Nov 7, 2016

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Top picks of Angel Broking

In the wake of good PMI, inflation, softening interest rates and rising consumption, certain stocks are poised to do well, says the brokerage.

Nov 7, 2016

Delhi Metro Corporation Limited (DMRC), delhi metro, delhi police, cisf

Delhi Metro ride set to become costlier

The minimum fare could be raised to Rs 10 from Rs 8 currently, while the maximum fare would be capped at Rs 50, from Rs 30 at present.

Nov 7, 2016

Oil prices bounce after OPEC reaffirms plan to cut output

Barclays bank said there was little to no agreement among producers about who would cut how much.

Nov 7, 2016

This Swiss conglomerate is abolishing top CEO position

Luxury company Richemont is eliminating the job of the top executive of the firm.

Nov 7, 2016

rbi head office reserve bank of india notes currency denomination 2000 1000 500 100 mysuru

Images of 'new' Rs 2,000 currency note go viral on social media; rumours hint at early 2017 launch

The Rs 2,000 currency notes are rumoured to be released soon. However, RBI is yet to come out with an official announcement.

Nov 7, 2016

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Bharat Forge surges ahead of Q2 results; Class 8 truck order inflow at record low

Shares of Class 8 truck maker Bharat Forge rise almost 5 percent even as the company's Q2 results are due on Tuesday.

Nov 7, 2016

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PNB Housing Finance cheers investors on listing

Shares of PNB Housing Finance, which came out with an IPO recently, list at a premium on stock exchanges.

Nov 7, 2016

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