Business news

Reliance Jio is bent on giving other network providers a run for its money

Telecom industry's price war heats up; BSNL to better Reliance Jio's offer

The firm is likely to announce zero-voice-tariff plans from January and these would be lower than the Rs 149 entry price of Jio.

Sep 22, 2016

IOC, GAIL shares gain on acquiring stake in Dhamra LNG project

Indian Oil Corp and GAIL have signed agreement to buy stake in Adani's LNG project in Odisha.

Sep 22, 2016

Oil prices fall as Canada oil sands fields gradually return

Oil climbs 1% after surprise US crude stock draw

Oil prices rose after EIA data showed U.S. crude inventories declined to the lowest level since February.

Sep 22, 2016

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Infosys, Wipro, Sonata Software gain; Sensex ends flat ahead of US Fed interest rate decision

Select IT stocks gain marginally even as Indian stock markets look for cues from the US Federal Reserve.

Sep 21, 2016

World's largest solar plant unveiled by Adani Group in Tamil Nadu

The power plant in Ramanthapuram district has been built in a span of eight months.

Sep 21, 2016

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Mahindra forms Brazilian unit to acquire tractor distributor Bramont for $8 million

Bramont is a shell company and has no operations as of now.

Sep 21, 2016

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Kwality shares gain 12% on stock upgrade

The private sector dairy company is riding a bullish wave on the stock exchanges.

Sep 21, 2016

ICICI Prudential Life IPO: Private insurer's public issue oversubscribed 10 times

The insurer is selling 132.37 million shares to the public via the OFS route in a price band of Rs 300 to Rs 334 per share.

Sep 21, 2016

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JM Financial Mutual Fund fixes September 24 as record date for dividend payment under 2 schemes

JM Balanced Fund (Direct) and JM Arbitrage Advantage Fund investors will be paid dividend as on the record date.

Sep 20, 2016

SpiceJet to make Kolkata its third hub to explore untapped routes

Additionally, the carrier also plans to increase the number of international flights to and from Kolkata.

Sep 20, 2016

Spectrum auction nets over Rs 14,000 crore as deposits by telecom companies

Spectrum worth around Rs 80,000 crore is likely to be sold in the upcoming auction.

Sep 20, 2016

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

Life Insurance Corporation LIC premium insurance bima diamond plan money back

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

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