Business news

The rise and fall of Anil Ambani: Here's how things became worse for world's 6th richest person

As per Forbes valuation, the younger son of industrialist Dhirubhai Ambani was listed as the world's sixth richest person in 2008. In just a decade, he is now struggling to save his reputation.

Mar 16, 2019

Mindtree mulls share buyback programme to fend off L&T's hostile takeover bid

IT services company may spend Rs 1,000 crore to acquire shares while one of the largest shareholders Sidhartha is talking to firms including L&T to offload shares.

Mar 16, 2019

Health Ministry to block entry of US-based e-cigarette maker Juul; how safe are they?

The leading tobacco brand, Juul, has plans to tap the Indian market which has over 100 million tobacco smokers.

Mar 16, 2019

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Buffett rubbishes Modern Monetary Theory that opposes taxes, govt borrowing

Berkshire Hathaway boss joins economists trashing MMT that advocates printing currency to sustain government expenses.

Mar 16, 2019

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Markets cap robust week with major gains; Sensex, Nifty close above key levels

Improving trader sentiments buoy markets as domestic cues align with positive global outlook; broad sectoral gains indicate a continued rally.

Mar 15, 2019

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Jet stares at another loan default as lenders seek more funds from Goyal, Etihad

Etihad board undecided on accepting conditions of SBI-led consortium's debt resolution plan that Jet shareholders have approved.

Mar 15, 2019

Shock defaults push $108-billion bond market to chaos reminiscent of 2009 crash

Sales of rupee-designated corporate bonds plunge to pre-2016 levels as effects of IL&FS crisis sink in amid rising election uncertainties driving up the spreads of top-rated 10-year corporate paper to highest levels since the global financial meltdown.

Mar 15, 2019

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Mukesh Ambani's Rs 13,000-crore win-win pipeline deal with Brookfield

Indian billionaire's company retains the right to acquire equity in Brookfield-promoted pipeline company while getting a significant share of earnings from the 1,400 km gas transit infrastructure.

Mar 15, 2019

Can India snap $84 billion economic ties with China over Masood Azhar issue at UN?

#BoycottchineseProducts has been trending on social media following China's attempt to oppose India. Tweets tagging PM Modi also called for an immediate ban on Chinese imports.

Mar 14, 2019

Banking stocks continue rally; HDFC Bank hits 52-week high

Yes Bank leads the banking bulls after global investment firm Deutsche Bank revised its price target for the stock upwards to 300 from 280 earlier; RIL hits a 52-week high.

Mar 14, 2019

Boeing 737 MAX fiasco: DGCA to monitor predatory pricing of spot tickets

Spot fares have skyrocketed on prime routes forcing aviation authorities to step in even as worst-hit SpiceJet plans to seek compensation from aircraft maker Boeing

Mar 14, 2019

Zomato surges ahead of Swiggy as per HSBC's valuation

Currently, Zomato provides its services in 100 cities across India and plans to enter 500 more cities in the coming 2-3 years.

Mar 13, 2019

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Boeing 737 MAX trouble hits airline shares; traders brace for more turbulence

Shares of SpiceJet and Jet Airways nosedive defying the bulls at play while IndiGo soar on prospects of higher price realisation in the spot market.

Mar 13, 2019

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Vistara gets green signal to fly on international routes

Vistara has sought permission to fly between Delhi and Colombo seven days a week.

Mar 13, 2019

Troubled BSNL may get DoT package, nod for 4G services rollout

The Rs 13,000 crore package may include Rs 6,767 crore equity infusion in lieu of 4G spectrum allocation and real estate assets sales.

Mar 13, 2019

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Business news

The rise and fall of Anil Ambani: Here's how things became worse for world's 6th richest person

Mindtree mulls share buyback programme to fend off L&T's hostile takeover bid

Health Ministry to block entry of US-based e-cigarette maker Juul; how safe are they?

Buffett rubbishes Modern Monetary Theory that opposes taxes, govt borrowing

Markets cap robust week with major gains; Sensex, Nifty close above key levels

Jet stares at another loan default as lenders seek more funds from Goyal, Etihad

Shock defaults push $108-billion bond market to chaos reminiscent of 2009 crash

Mukesh Ambani's Rs 13,000-crore win-win pipeline deal with Brookfield

Can India snap $84 billion economic ties with China over Masood Azhar issue at UN?

Banking stocks continue rally; HDFC Bank hits 52-week high

Boeing 737 MAX fiasco: DGCA to monitor predatory pricing of spot tickets

Zomato surges ahead of Swiggy as per HSBC's valuation

Boeing 737 MAX trouble hits airline shares; traders brace for more turbulence

Vistara gets green signal to fly on international routes

Troubled BSNL may get DoT package, nod for 4G services rollout

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]