Business news

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RBL raises Rs 330 crore from UK's CDC Group; stock goes up

The capital infusion will help the lender bank expand to new regions within India.

Sep 28, 2016

Reliance Communications, Jio have 'virtually' merged: Anil Ambani

RCom, Jio have synced their network operating centres, optic-fibre service contracts and network maintenance functions.

Sep 28, 2016

OPEC set for no deal as Iran rejects Saudi oil output offer

Oil prices LCOc1 have more than halved from 2014 levels due to oversupply.

Sep 28, 2016

Wall Street climbs in wake of first presidential face-off

The S&P 500 technology sector rallied 1.15 percent, powered by a 1.85 percent gain in Microsoft and a 1.08 percent rise in Facebook.

Sep 28, 2016

Wipro to declare Q2 results on October 21

In the first quarter ended June 30, Wipro's net profit declined 8% to Rs. 2,052 crore, while revenues remained flat at Rs. 13,698 crore.

Sep 28, 2016

NIIT acquires Perceptron Learning Solutions

NIIT said its capabilities in the digital learning business will get a fillip from the acquisition of the two-year-old start-up.

Sep 27, 2016

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Reliance Industries shares gain again; Idea Cellular hits new 52-week-low on BSE

Reliance Jio's 4G buzz continues to lift Reliance Industries share price while Idea Cellular investors suffer.

Sep 27, 2016

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Reliance Capital AGM: Anil Ambani company to consider listing of general, life insurance firms

Anil Dhirubhai Ambani, chairman of Reliance Capital, made a slew of significant announcements at the AGM.

Sep 27, 2016

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Coal India to buyback shares between October 3 and 18

Public sector company Coal India is buying back 10.89 crore shares at Rs. 335 per share.

Sep 27, 2016

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ICICI Prudential Life Insurance shares to list on September 29: Report

Private sector life insurer ICICI Prudential Life Insurance's public issue was oversubscribed 10 times.

Sep 27, 2016

Tata Motors enters Bolivia with launch of 3 vehicles

Besides Bolivia, Tata Motors' commercial vehicles are also sold in other South American markets like Chile and Ecuador.

Sep 27, 2016

Govt re-evaluating 5% stake sale in ONGC

The stake sale is expected to take place in the third quarter of the present financial year

Sep 27, 2016

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Stocks, Mexico peso bounce as markets foresee Hillary Clinton as winning US presidential elections

Markets see Hillary Clinton as a status quoist, while being unsure of Donal Trump's policies.

Sep 27, 2016

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L&T Finance Holding aims to sell private equity portfolio: Report

The firm is in talks with investors and the deal is reportedly expected to be completed in next few months

Sep 27, 2016

IRB Infrastructure bags highway project worth Rs 1,200 crore; shares rise

The highway project, awarded by NHAI, involves construction of highway in Rajasthan and Gujarat.

Sep 27, 2016

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