Business news

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Global reinsurers likely to begin Indian operations soon

Insurance regulator IRDA has asked five global insurers along with one Indian private insurer to bring in capital before giving its final nod for starting Indian operations.

Nov 17, 2016

Amid business slowdown, Singapore Airlines cuts 12% of pilot jobs

The carrier is reducing the number of pilots either by offering voluntary no-pay leave or through other movements.

Nov 17, 2016

Tata Steel's debt declines marginally in July-September quarter

However, analysts say the company may not be able to pare debt aggressively due to falling operating income.

Nov 17, 2016

Play

Are British telecoms a good investment?

Despite recent strong results for both Vodafone and TalkTalk, there are reasons to be cautious before investing in British telecoms companies.

Nov 17, 2016

I'm pretty boring when it comes to clothes: Tommy Hilfiger

The designer's wardrobe comprises 50 white shirts, 50 chinos, 50 pairs of jeans, and some navy and grey suits.

Nov 17, 2016

SBI Life Insurance posts 5% rise in net profit at Rs 428 crore in H1 of FY17

Currently, India's life insurance market is dominated by public sector life insurer Life Insurance Corporation of India (LIC) with around 48 percent market share.

Nov 17, 2016

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Karnataka Bank rights issue closes on November 21

Private sector lender Karnataka Bank's rights issue in 1:2 ratio comprises offer of up to 9.42 crore equity shares.

Nov 17, 2016

Demonetisation: Families can now withdraw up to Rs 2.5 lakh for weddings; Rs 2,000 limit on old notes' exchange

Farmers can withdraw upto Rs 25,000 per week against the crop loans sanctioned and credited to their accounts.

Nov 17, 2016

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Gold slips as dollar climbs to 14-year high

The metal has shed more than $100 an ounce from last Wednesday's post-election high.

Nov 17, 2016

Mistry-Tata war: Ex-chairman Cyrus Mistry likely to lose proxy powers

On Thursday, the Tata Sons board will consider taking away Mistry's powers of voting and attending shareholder meetings.

Nov 17, 2016

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Sensex opens flat, Tata Motors top gainer in early morning trade

Moody's affirmation on India's sovereign rating without an upgrade, coupled with continuing liquidity crunch in the domestic market, weighed on market sentiments.

Nov 17, 2016