Business news

L&T Construction bags orders worth Rs 3,039 crore

The major work includes construction of a navigational lock structure, comprising about 250 metres long and 18 metres deep retaining walls.

Dec 26, 2016

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AirAsia India finance head questioned by ED in forex violation case

AirAsia India has come under a cloud after Tata Sons ex-chairman Cyrus Mistry raised issues of questionable practices at the airline.

Dec 26, 2016

Saudi Arabia, Aramco, Saudi Aramco, Saudi Arabia oil and gas

Aramco stake sale: Saudi newspaper retracts its report

Saudi Arabian newspaper al-Eqtisadiah reported on Sunday that Aramco was planning to sell 49 percent of its shares over the next decade.

Dec 26, 2016

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Jeff Bezos' Amazon widens India losses 10-fold in 2 years

Amazon India directly competes with Snapdeal, Flipkart in India's thriving e-commerce market, but is also incurring losses.

Dec 26, 2016

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Sensex sheds almost 250 points, NSE down 1%; Axis Bank, Cipla, Adani Ports, SBI top losers

Benchmark indices Sensex and Nifty open on a weak note and slipped further; Cipla, Adani Ports, SBI are buzzing stocks.

Dec 26, 2016

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Farm loan waiver as political plank pits Modi Govt against Congress

While the government will not want to be branded anti-farmer, it will have to consider complex monetary calculations while formulating the Budget.

Dec 25, 2016

7th Pay Commission: Bad news for staff and pensioners of autonomous bodies as their pay revision may be delayed further

The Confederation of Central Government Employees and Workers (CCGEW) has already taken up the matter of the delay with the Centre.

Dec 25, 2016

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Sensex, Nifty may react to PM Modi's hint at taxing LTCG; Maruti Suzuki, ONGC to buzz

Modi's comment that those who make money from financial markets should pay taxes for nation-building is being seen as hinting at long-term capital gains tax.

Dec 25, 2016

'Mann Ki Baat' address: 'This is not the end, just the beginning in our fight against corruption,' says PM Modi

The prime minister could talk about demonetisation as his deadline of 50 days is all set to end on December 30.

Dec 25, 2016

Mann Ki Baat 27th edition live streaming : Listen to the latest address by PM Modi on December 25, 2016, live online

Prime Minister Narendra Modi is expected to tackle a lot of topics, including demonetisation and Budget 2017 as part of his radio address this time.

Dec 24, 2016

Delhi Metro Corporation Limited (DMRC), delhi metro, delhi police, cisf

PM Modi accused of bribery again as 10 Delhi Metro stations go cashless with Paytm from January 1

Former AAP member and Swaraj Abhiyan founder Prashant Bhushan tweeted that the Prime Minister had taken bribes, and Arvind Kejriwal retweeted it.

Dec 24, 2016

Deutsche Bank, DoJ, investors, Deutsche Bank Share price

Deutsche Bank, Credit Suisse settle multi-billion dollar lawsuits over US mortgage probe

While Deutsche Bank will pay $7.2 billion, Credit Suisse has agreed to pay $5.28 billion for wrongly selling subprime loans and manipulating foreign exchange rates.

Dec 23, 2016