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Sensex loses 1,200 points in two days over global cues, demonetisation woes

Benchmark indices BSE Sensex and NSE Nifty lose heavily over demonetisation chaos, global headwinds, despite fall in retail inflation.

Nov 15, 2016

Premium collection of general insurers jumps 32% on healthy motor insurance growth

The rise in gross written premium collections during April-October period for private sector firms was higher than the public sector firms.

Nov 15, 2016

Reliance Defence to tie up with Israeli company to make new Kalashnikov rifles in India

There exists a huge requirement of weapons for Indian Armed Forces with the potential market size of Rs 6,000 crore.

Nov 15, 2016

SBI shares gain sharply on demonetisation drive; bank says ATMs to dispense smaller denominations soon

Deposit surge after demonetisation lifts SBI shares; chairman Arundhati Bhattacharya assures smaller denominations from ATMs.

Nov 15, 2016

Bajaj Finance sees near-term blip in credit growth

Demonetisation of high-value currencies by India is likely to drag many NBFCs' balance sheet.

Nov 15, 2016

Expedia-owned Trivago files for IPO worth $400 million

Morgan Stanley, JP Morgan and Goldman Sachs are leading the deal for the hotel booking website.

Nov 15, 2016

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Sensex continues losing streak, down 1%

Key market indices remained under a bearish grip, taking global cues as a strengthening dollar pulled down most Asian markets.

Nov 15, 2016

Oil prices rise on falling shale output, renewed hopes of OPEC cut

Prices were buoyed by expectations that US shale oil production will fall in December to its lowest since April 2014.

Nov 15, 2016

Samsung to acquire Harman International in all-cash deal worth $8 billion

Samsung said US-based Harman, a global leader in connected car technology, is a natural extension of its automotive strategy push.

Nov 14, 2016

Cathay Pacific plans to increase air cargo services to India

Currently, Hong Kong-based Cathay Pacific Airways serves six Indian cities.

Nov 14, 2016

Mahindra XUV500 and Scorpio to get petrol variants next year

To contain sliding market share in the UV segment, M&M is likely to come up with petrol variants of XUV500 and Scorpio.

Nov 14, 2016

Oil steady near multi-month lows on OPEC output record, US rig count

The dollar rose to a nine-month high against other currencies on Monday, pressuring oil prices.

Nov 14, 2016

Reliance Infra's Q2 net profit up 34% to Rs 570.5 crore

The company is targeting projects by the government across power, roads, railways, defence and ports.

Nov 13, 2016

India Inc's January-October M&A deals hit record value of $32.55 billion

The Merger & Acquisition deal value grew 48 percent in a year-on-year basis last month.

Nov 13, 2016

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AirAsia India in more trouble as Delhi High Court orders probe

The Delhi High Court directive to regulator DGCA follows allegations of the carrier ceding control to AirAsia Berhad.

Nov 12, 2016

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