Business news

Rolls-Royce registers second highest car sales in its 113-year history

Rolls-Royce registered an increase of 6 percent in sales in 2016.

Jan 9, 2017

bse sensex, nse nifty, 2017 closing, brexit, demonetisation, modi, donald trump

BEML shares spurt 14% as government decides to offload stake

The Bengaluru-based BEML company has an equity capital of Rs 41.64 crore.

Jan 9, 2017

oil prices, rigging equipment, oil, crude oil

Oil prices fall as Iranian crude tanker exports surge, US adds more rigs

The amount of Iranian oil held at sea has dropped to 16.4 million barrels, from 29.6 million barrels at the beginning of October.

Jan 9, 2017

Banks asked to obtain PAN or Form 60 of all bank accounts

The information has to be provided to the ministry by February 28, and BSBDAs are exempted from the order.

Jan 9, 2017

Govt may tax black money deposited in banks after demonetisation, says Arun Jaitley

Jaitley said just because banned notes have been deposited in the banks do not make them legitimate and the Revenue Department may tax this money.

Jan 8, 2017

India pharma sector, pharmaceutical companies, pharma, pharma companies

Aurobindo Pharma acquires Portugal-based Generis for Rs 970 crore; gets USFDA nod for anti-epileptic drug

The acquisition further consolidates Aurobindo Pharma's footprint in the Portuguese generic pharma market with a product portfolio consisting cardiovascular, CNS, anti-infectives and genito-urinary systems.

Jan 8, 2017

Air India opts for restraining devices to deal with misbehaving, unruly passengers

The latest move follows two incidents of indecent behavior on-board Air India flights.

Jan 8, 2017

ATM cards, POS machines will become redundant by 2020, says Niti Aayog CEO Amitabh Kant

Niti Aayog has constituted a committee to identify and operationalise user-friendly digital payment options across the sectors.

Jan 8, 2017

intellect design arena, intellect design share price, intellect design arena news, rekha jhunjhunwala sells, rakesh jhunjhunwala intellect design arena, bse sensex, nse nifty

Infosys, Wipro, TCS, Tech Mahindra plunge over fresh H-1B visa fears

Concerns over reintroduction of a legislation that seeks to curb misuse of H-1B visa pulled down Infosys, Wipro, TCS and Mindtree shares.

Jan 7, 2017

beml, stake sale, beml share price, india news, disinvestment of cpse, modi news

BEML stake sale to net Rs 1,000 crore for Modi Govt

Defence ministry company BEML, in which Indian government holds 54 percent, makes mining equipment, metro coaches and defence products.

Jan 7, 2017

Make in USA or pay more, Donald Trump , US president elect, US President

Make in USA or Pay More: It's Toyota's turn to face Trump's ire after GM

President-elect Donald Trump has been criticising automakers for selling abroad-made vehicles in US warned of hefty taxes.

Jan 7, 2017

Capital Goods Q3FY17 Review: L&T, Cummins and Voltas to post muted growth on demonetisation

HDFC Securities picks Triveni Turbine and Kalpataru Power as its favourite stocks from the capital goods sector.

Jan 6, 2017

spicejet q3 results, spicejet q3 earnings, spicejet share price, spicejet boeing deal, jet airways, domestic air traffic, indigo, indian civil aviation

Boeing strikes big deal with SpiceJet for 92 Boeing 737 jetliners: Report

The SpiceJet-Boeing deal is pegged at $10.1 billion as per current list prices.

Jan 6, 2017

Budget 2017: No populist sops expected as Govt walks a tightrope after note ban

Demonetisation may hold the government for big-ticket spending, like debt waivers for farmers or transferring money into poor people's accounts.

Jan 6, 2017

Supreme Court, bar council of india, llb admission. llm admission

2G spectrum scam: SC threatens to take away Aircel 2G spectrum, licence over absence of Maxis bosses

Maxis promoter Anandakrishnan and director Ralph Marshal have not appeared in a lower court despite repeated summons.

Jan 6, 2017

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