Business news

Saudi Arabia and Russia sign oil pact, could limit output in future

The announcement resulted in a spurt in oil prices as hopes emerged the two top producers would work to stem a global glut.

Sep 5, 2016

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SpiceJet to declare June quarter results on Wednesday

Budget carrier SpiceJet will be the last to declare its Q1 results, after IndiGo and Jet Airways.

Sep 5, 2016

Business casualties of SpaceX explosion [Video+ Photos]

Launch rates for SpaceX flights may go up if the explosion occurred due to a design, manufacturing flaw or an operational error.

Sep 5, 2016

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Sovereign gold bonds yield 20% return in three months of listing

The sovereign gold bond price closed at Rs. 3,203 per 1 gm on the NSE on Sept. 2, against the issue price of Rs. 2,684 per 1 gm.

Sep 5, 2016

Mutual funds, foreign investors on a buying spree in Indian stock markets

Both mutual funds and foreign institutional investors (FIIs) remained net buyers for most part of the last five trading sessions.

Sep 5, 2016

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AirAsia and AirAsia X offer new discount

The offer is valid for tickets booked between September 5 and 11 for travel between February 6, 2017 and October 28, 2017.

Sep 5, 2016

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Air India Express turns profitable for first time in 11 years

Air India Express is national carrier Air India's low-cost international subsidiary and flies to 13 international cities.

Sep 5, 2016

Grappling with attrition, IndiGo seeks to extend pilots' notice period to 1 year

In the last six months, about 25 pilots have left IndiGo and about a dozen of them have reportedly joined IndiGo's competitors.

Sep 4, 2016

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L&T Technology Services IPO: Price band fixed at Rs. 860

The IPO will open on Sept. 12 and close on Sept. 15.

Sep 3, 2016

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LIC to pay special bonus to policyholders

The special bonus announcement for policyholders coincides with LIC's diamond jubilee celebrations.

Sep 2, 2016

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Coal India appoints panel to consider salary revision for 3 lakh employees

The 10th Bipartite Committee for the Coal Industry (JBCCI) would explore revising salaries of employees including those employed in its eight subsidiaries.

Sep 2, 2016

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Valuation buzz: Is Life Insurance Corporation listing in the offing?

Finance Minister Arun Jaitley says if listed, state-run insurer LIC would be the most-valued company.

Sep 2, 2016

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PVR shares hit 52-week high on stake buy buzz by China's Wanda Group

Shares of Ajay Bijli-owned multiplex company PVR gain on BSE after reports emerge of Wanda Group's interest to buy stake.

Sep 2, 2016

Reliance Jio 4G: Idea Cellular and Airtel rumoured to offer 6GB 4G data with Rs 1498 and 3GB 4G data with Rs 749 data pack

Reliance Jio launch continues to bleed Idea Cellular, Bharti Airtel

The launch of Reliance Jio telecom services is impacting business for Ideal Cellular and Bharti Airtel who shares plunged.

Sep 2, 2016

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Bharat bandh: Markets shrug off September 2 strike; Sensex, Nifty trade with minor gains

The Sept. 2 strike (Bharat bandh) did not impact stock markets; both BSE Sensex and NSE Nifty were in the green.

Sep 2, 2016

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Earth's spin axis is drifting- here are three reasons why as explained by NASA

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