Business news

Oil prices stable as strong dollar weighs, tighter market looms

Crude prices fell over 2 percent the previous session on the back of the soaring dollar.

Oct 21, 2016

Biocon's net profit rises 52% to Rs 147 crore for September quarter; shares up

The increase in profit can be attributed to the company's growth in small molecules, biologics and research services.

Oct 21, 2016

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ICICI Bank rises, Endurance Technologies loses on BSE; Sensex, Nifty post gains

Indian benchmark indices ended with gains amid cautious trading on European stock exchanges ahead of the crucial ECB meeting.

Oct 20, 2016

Is Reliance Jio 4G speed not up to the mark anymore?

Reliance Industries posts 22.9% fall in net profit for September quarter

Though sales rose 14.3 percent, net profit dropped 22.9 percent YoY, Reliance Industries (RIL) says in a statement.

Oct 20, 2016

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Ashok Leyland wins $170 million order from Tanzanian government to supply vehicles

The order entails supply of vehicles and gensets, spares and equipment for development of workshops.

Oct 20, 2016

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LIC Housing Finance Q2 profit up 20%; shares dip

The company's net interest income rose 21 percent to Rs 866 crore in the quarter ended September 30.

Oct 20, 2016

Wipro asked to respond on acquisition of US firm Appirio for $400 million

The news of Wipro acquiring Appirio comes a day before the Bengaluru-based company is scheduled to declare Q2 results.

Oct 20, 2016

Toyota Kirloskar partners with Uber for vehicle funding

Through this partnership, Toyota Financial Services India will provide 90 per cent of on-road funding for first-time drivers.

Oct 20, 2016

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ITC, Godfrey Phillips in focus after GST cess mess

Shares of ITC, Godfrey Phillips were trading in a narrow range as states oppose cess on demerit goods at GST Council meeting.

Oct 20, 2016

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Quess Corp to acquire stake in Singapore's Comtel Solutions; shares jump 10%

Quess will also acquire a 49 percent stake in Indian firm Terrier Security Services India Pvt Ltd.

Oct 20, 2016

PepsiCo bottler Varun Beverages' IPO to open on October 26

The price band for the Initial Public Offering has been set at Rs 440-445 per share.

Oct 20, 2016

Oil prices dip after strong rally, but sentiment remains confident

The overall mood in oil markets remained confident, with most analysts expecting further increases.

Oct 20, 2016

Evening wrap: Delhi HC junks Kejriwal's plea, GST Council decides rate slabs, protests against ADHM and more

Also read about India boosting maritime strength and SBI blocking 6.5 lakh debit cards after suspicious security breach.

Oct 19, 2016

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Bajaj Allianz Life Insurance gives chance to policyholders to revive lapsed policies

The option is open from October 14 to November 30, 2016, Bajaj Allianz Life said in a statement on Wednesday.

Oct 19, 2016

Domestic Air Traffic: How IndiGo, Jet Airways, SpiceJet, Air India, others performed in September

IndiGo continued to lead as the largest carrier with a market share of 40 percent in September.

Oct 19, 2016

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