Business news

Twitter shuts down Bengaluru development centre; to lay off over 60 employees

The San Francisco-based company has been struggling to match the pace of growth of its competitors.

Sep 20, 2016

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Raymond, MRF, CEAT, GVK Power among top gainers on BSE

The BSE Sensex gained just 35 points, but select stocks such as Ceat, MRF, GVK Power and Raymond rallied smartly.

Sep 19, 2016

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LIC launches money-back plan 'Bima Diamond' to mark diamond jubilee

The maximum sum assured under the money-back plan "Bima Diamond" is Rs 5 lakh.

Sep 19, 2016

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Swiggy raises $15 million from Bessemer, SAIF, Accel, Norwest

The latest round (Series D) takes the total funding in Swiggy to $75.5 million.

Sep 19, 2016

Renault begins export of made-in-India Kwid, Duster to Nepal

The carmaker is entering Nepal by associating with one of the largest business houses in the country, the Vishal Group.

Sep 19, 2016

Air India's move to lure former pilots may not take off; here is why

Air India's move to re-hire former pilots is unlikely to succeed, suggests a former AI pilot.

Sep 19, 2016

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Infosys to declare Q2 results on 14 October; shares could be hit on second downward guidance

Vishal Sikka, CEO of IT services exporter Infosys, had hinted at another revenue guidance during a recent analysts' call.

Sep 19, 2016

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Indian Oil Corporation's investment plans won't affect credit profile: Fitch

Credit ratings agency Fitch says IOC's Rs 1,80,000 crore investment plan is not a negative for the oil marketing company.

Sep 19, 2016

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Bombay Stock Exchange collaborates with Twitter to provide real-time stock update

The tie-up is a move to make financial information easily accessible to millions of investors through a digital format.

Sep 19, 2016

Oil climbs as Venezuela sees output deal, Libya suffers clashes

The rise in oil prices is a reaction to Venezuelan comments about producers reaching a possible output agreement.

Sep 19, 2016

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Reliance Jio blames Bharti Airtel for call failures

Reliance Jio said about two crore calls fail everyday between the networks of the two companies.

Sep 18, 2016

Sales of mosquito repellents up manyfold after surge in chikungunya, dengue cases

Mosquito repellent products are disappearing of the shelves, prompting manufacturers to introduce more innovative products.

Sep 18, 2016

Arundhati Bhattacharaya, SBI chairman, SBI, SBI merger

SBI Chief Bhattacharya may get 1-year-term extension

The Bank Board Bureau has submitted its views on the extension issue to the govt and a decision is expected within next few days.

Sep 18, 2016

Samsung sells stake in Seagate, ASML, 2 other companies

Samsung sells stakes in ASML, Seagate, Sharp and Rambus to free up money for investments in its core businesses.

Sep 18, 2016

Pawan Hans IPO: Helicopter firm plans fleet expansion ahead of public issue

The Delhi-based firm aims to acquire 100 helicopters and increase revenues threefold to Rs 1,600 crore over the next decade.

Sep 18, 2016

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