Business news

Cancer treatment: Sun Pharma to acquire Novartis' cancer drug Odomzo for $175 million

Odomzo, approved by the US FDA in July 2015, has marketing approval in over 30 countries.

Dec 22, 2016

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Snapdeal will now deliver Rs 2,000 notes to your doorstep through Cash@Home

Snapdeal has launched Cash@Home in Gurgaon and Bengaluru, where users can pay for their cash using ATM cards.

Dec 22, 2016

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Gaming Outlook 2017: Positive on Las Vegas, cautious on Macau, says Nomura

Prominent players in the two places are MGM, Las Vegas Sands, Wynn Resorts and Melco Crown Entertainment.

Dec 22, 2016

Budget 2017: As oil prices rise on a slippery path, beware of a dead cat bounce

A supply glut and changing world demographics will act as sufficient ingredients for volatile or direction-less oil prices in 2017.

Dec 22, 2016

gold, prices, import duty, budget 2017, tbz, titan

Budget 2017: Finance Minister Arun Jaitley may lower import duty on gold

Currently, the import duty on gold is 10 percent; gold companies like Titan, PC Jeweller say a cut would be good for the industry.

Dec 22, 2016

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PM Modi's demonetisation effect: All 19 BSE sectoral indices fall; Sensex, Nifty down 1%

BSE Metals, Auto, IT, Bankex, FMCG, Financials, Realty, Power, Oil and Gas indices fell on persisting demonetisation woes and FII selling.

Dec 22, 2016

Tata Steel board removes Nusli Wadia as independent director

Almost 90 percent of shareholders have voted in favour of Wadia's ouster.

Dec 22, 2016

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DLF survives demolition of Chilavanoor apartments; Kerala High Court imposes fine of Rs 1 crore

Real estate developer DLF was accused of violating CRZ norms and the case was being heard in Kerala High Court.

Dec 21, 2016

RCom shares rise 6% on deal with Brookfield Infrastructure

RCom will receive an upfront payment of Rs 11,000 crore once the transaction is completed.

Dec 21, 2016

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McDonald investor KBC NV trims, Glassman Wealth Services increases stake in the fast food chain

KBC Group sells 64,801 shares, or 36 percent of McDonald (MCD), while Glassman Wealth Services ups stake.

Dec 21, 2016

McDonald's value meal lawsuit: Class action suit claims value meals are too expensive

James Gertie of Des Plaines filed a consumer fraud class action lawsuit against a McDonald's franchisee in Chicago.

Dec 21, 2016

Budget 2017: Individual investors must overcome these challenges to survive in today's stock market

Small investors are always pitted against professional investors, who have at their disposal the best research and analysis, in this game of probability

Dec 21, 2016

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Gold prices firm as dollar slips from 14-year high

The Federal Reserve hiked rates for the first time in a year last week and projected three more increases in 2017.

Dec 21, 2016

Will Cyrus Mistry moving National Company Law Tribunal against Tata Sons get him what he wants?

The NCLT will hold the first hearing of the case filed by Cyrus Mistry — on "oppression and mismanagement of Tata Sons" — on December 22.

Dec 20, 2016

budget 2017, fm arun jaitley, suresh prabhu indian railways, fares, tickets, modi

Budget 2017: FM Arun Jaitley makes pertinent comments on railways

Railway fares are a sensitive issue, especially in the context of upcoming assembly elections; Arun Jaitley's comments are therefore important.

Dec 20, 2016

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