Business news

HSBC to use selfie verification to open bank accounts quickly

The new rule is intended at simplifying the process of opening a new account using a mobile phone.

Sep 6, 2016

Asian shares advance, Australia slips as RBA rate decision awaited

European stocks touched an eight-month high on Monday, then reversed as trading wound down in the absence of US markets.

Sep 6, 2016

Reliance Jio 4G: Is it possible to tweak your 3G phones to use Jio SIM for LTE services

Reliance Jio may extend free offers beyond January 2017, suggest analysts

A price war is brewing among telecom operators after Reliance announced its Jio 4G offers.

Sep 6, 2016

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Mindtree expects lower Q2 revenues, shares fall almost 8%

Mindtree said the fall in revenues is expected due to project cancellations and cross-currency movements, among other factors.

Sep 6, 2016

Varun Beverages IPO: PepsiCo bottler gets Sebi nod for public issue

The management of the firm are currently travelling across the country giving presentations to potential investors, Mint reported.

Sep 6, 2016

Saudi Arabia and Russia sign oil pact, could limit output in future

The announcement resulted in a spurt in oil prices as hopes emerged the two top producers would work to stem a global glut.

Sep 5, 2016

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SpiceJet to declare June quarter results on Wednesday

Budget carrier SpiceJet will be the last to declare its Q1 results, after IndiGo and Jet Airways.

Sep 5, 2016

Business casualties of SpaceX explosion [Video+ Photos]

Launch rates for SpaceX flights may go up if the explosion occurred due to a design, manufacturing flaw or an operational error.

Sep 5, 2016

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Sovereign gold bonds yield 20% return in three months of listing

The sovereign gold bond price closed at Rs. 3,203 per 1 gm on the NSE on Sept. 2, against the issue price of Rs. 2,684 per 1 gm.

Sep 5, 2016

Mutual funds, foreign investors on a buying spree in Indian stock markets

Both mutual funds and foreign institutional investors (FIIs) remained net buyers for most part of the last five trading sessions.

Sep 5, 2016

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AirAsia and AirAsia X offer new discount

The offer is valid for tickets booked between September 5 and 11 for travel between February 6, 2017 and October 28, 2017.

Sep 5, 2016

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Air India Express turns profitable for first time in 11 years

Air India Express is national carrier Air India's low-cost international subsidiary and flies to 13 international cities.

Sep 5, 2016

Grappling with attrition, IndiGo seeks to extend pilots' notice period to 1 year

In the last six months, about 25 pilots have left IndiGo and about a dozen of them have reportedly joined IndiGo's competitors.

Sep 4, 2016

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L&T Technology Services IPO: Price band fixed at Rs. 860

The IPO will open on Sept. 12 and close on Sept. 15.

Sep 3, 2016

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LIC to pay special bonus to policyholders

The special bonus announcement for policyholders coincides with LIC's diamond jubilee celebrations.

Sep 2, 2016

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