Business news

Air India offers new discount scheme to woo passengers

The limited-period scheme of all-inclusive airfares of Rs. 1,499 is valid between May 21 and 25.

May 22, 2016

Viacom says its board has not had access to Redstone

Many attempts by Viacom's board to meet with Sumner Redstone have been denied, Viacom said.

May 22, 2016

H&M says working to improve labour conditions in India, Cambodia factories

The study found workers stitching clothes for H&M in factories in Delhi and Phnom Penh faced forced overtime, low wages problems.

May 22, 2016

Bayer's Monsanto takeover to be upwards of $63 billion: Bloomberg

Monsanto, the seed-selling firm, will fetch its investors $120 to $150 a share if the deal goes through.

May 21, 2016

Monsanto to bear the brunt of India's new rules on sale of GM cotton seeds

The U.S. headquartered company is the lone supplier of GM cotton seeds in India, reports Reuters

May 21, 2016

SWIFT tells banks to share information on hacks

Banks use secure SWIFT messages for issuing payment instructions to each other.

May 21, 2016

EU regulators to conditionally clear AB Inbev, SABMiller deal: Sources

The Belgium-based maker of Budweiser, Corona and Stella Artois is looking to boost its presence in Africa and Latin American countries to offset weaker markets such as the United States.

May 21, 2016

Nokia cuts over 1,000 jobs in Finland

Finland's biggest company has cut thousands of jobs in its home country over the past decade as its once-dominant phone business was eclipsed by the rise of smartphone rivals.

May 21, 2016