Business news

American furniture brand Ashley to launch 100 stores in India

No specific time-line has been provided for the launch of its stores in India.

Jan 15, 2017

Budget 2017: Industry body Assocham bats for February 1 as the D-Day

The chamber said the Budget should be seen well beyond the partisan politics for the common national good.

Jan 15, 2017

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Post Chandrasekaran's promotion, investors worry over TCS future: Report

Ahead of an unpredictable year owing to US elections, Brexit, TCS investors remain worried.

Jan 15, 2017

Sebi allows mutual funds to invest in REITs and InvITs, but with strict riders

The market regulator also allowed celebrity endorsements of mutual funds at an industry level, but not a particular scheme or as a branding exercise of a mutual fund house.

Jan 15, 2017

'Gandhi flip flops' imprinted with Mahatma Gandhi's face

Amazon sells sandals imprinted with Mahatma Gandhi's face after India flag doormat fiasco

Gandhi flip flops printed with Mahatma Gandhi's face are currently available for purchase on Amazon US at $16.99.

Jan 14, 2017

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Budget 2017: FIEO presents wish-list

The apex body of Indian exporters wants exemption from GST, among other things.

Jan 14, 2017

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TCS, Infosys Q3 results declared; all eyes now on HCL Tech, Wipro, Tech Mahindra

TCS beat estimates to report upbeat Q3 numbers, while Infosys cut revenue guidance; investors now await Wipro, HCL Tech and Tech Mahindra results.

Jan 14, 2017

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Sensex, Nifty snap three-day winning streak; forex reserves fall

Benchmark indices BSE Sensex and NSE Nifty closed with minor losses; foreign exchange reserves drop sharply, led by gold.

Jan 14, 2017

Demand in India's consumer electricals sector likely to revive in 3-4 months: Nirmal Bang

Footfalls have rebounded to around 70% of the pre-demonetisation level compared with only 20% in November last year, according to the brokerage.

Jan 14, 2017

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Gold, silver outlook for 2017 is bleak, says Angel Broking

The government's import duty stance in Budget 2017, impact of demonetisation, to influence gold prices this year; silver outlook also bleak.

Jan 14, 2017

JSW Cement, other investors to buy out stake in Shiva Cement

Shiva Cement -- in which ACC Ltd currently holds 13% -- said it agreed to sell its 35.6% promoter holding to JSW Cement at Rs 14 a share.

Jan 13, 2017

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Infosys Q3 FY2017: Here is what Vishal Sikka, Pravin Rao, MD Ranganath said after Dec quarter results

The Bengaluru-based firm clocked net sales of Rs 17,273 crore for the quarter that ended on December 31, 2016.

Jan 13, 2017

Demonetisation is a Black Swan moment for Digital India, says IAMAI president Subho Ray

Subho Ray, President of IAMAI, on Digital India after demonetisation and his wish list from Budget 2017: an exclusive interview

Jan 13, 2017

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SpiceJet- Boeing deal: Low-cost carrier places order for 205 aircraft worth $22 billion

With the new order, SpiceJet will overtake IndiGo to become India's largest airline as per fleet size.

Jan 13, 2017

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BSE IPO: All you need to know about issue price, opening and closing dates; top 10 existing shareholders

Asia's oldest stock exchange — BSE — is planning to raise about Rs 1,300 crore using the OFS route in its IPO.

Jan 13, 2017

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