Business news

General Motors shaking things up; to cut 15% jobs, shuts down 5 plants in North America

In 2019, General Motors will wind up operations of plants in Detroit, Ohio and Ontario, Canada, and transmission factories in Michigan and Maryland. GM has already announced the closure of the assembly plant in Gunsan, South Korea.

Nov 27, 2018

nse at alltime high, nse at historic high, nse at lifetime high, nse crosses 9400, sensex at lifetime high, sensex at new high, imd predicts normal rainfall

Sensex, Nifty turn cautious amid weak global cues

According to analysts, investors remain cautious due to uncertainty over US-China trade war, domestic state elections and dimming global outlook on account of sharp fall in oil prices.

Nov 27, 2018

Mitsubishi Motors ousts Carlos Ghosn as chairman, days after Nissan firing

Carlos Ghosn was removed from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor Co last week for alleged financial misconduct.

Nov 26, 2018

IndiGo introduces charges for web check in; draws flak from passengers

While checking in through the website of the carrier, a passenger will have to pay between Rs. 100 and Rs. 800 depending upon the seats selected.

Nov 26, 2018

A road sign is seen next to Bombay Stock Exchange (BSE) building in Mumbai

Elections, futures settlements expected to roil market week

Top indices could remain range-bound despite smart gains early on as oil and currency volatility persists

Nov 26, 2018

China eats into world's largest natural gas reserve as Total exits Iran's South Pars

Total, whose footprints are writ large in the oil exploration history of the Middle East, was the first western firm to invest in Iran, following the lifting of US sanctions in 2015.

Nov 26, 2018

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'Naresh Goyal willing to dilute stake to 15% to save Jet Airways from crashing'

Goyal is reportedly pursuing a deal under which he would remain the chairman of the airline he founded in 1993.

Nov 26, 2018

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Sensex, Nifty turn choppy as IT, pharma stocks fall

The NSE Nifty too witnessed similar movement and was trading 10.15 points or 0.09 per cent, higher at 10,536.75.

Nov 26, 2018

Petrol and diesel prices: Here's why one-year low in crude oil prices doesn't reflect in India

Domestic fuel prices suffer a lag in reflecting international price fall because of weakening rupee and various government levies.

Nov 25, 2018

Microsoft surpasses Apple to become most valuable US company

Apple, which became the first $1-trillion US company in August, came down to $746.8 billion on Friday, owing to lower-than-expected iPhone sales amid reports of its suppliers cutting cost and workforce.

Nov 24, 2018

Higher security spend of banks failed to curb increasing frauds

Cases of banking frauds shot up by 20 percent in two years despite closer oversight following some high-profile cases of wilful default, study says.

Nov 24, 2018

Bittersweet surplus: Farmers, governments in crisis as sugar output surges

India overtakes Brazil as biggest producer of sugar but disenchantment over falling prices fuels anger among farmers and causes headache for the government.

Nov 24, 2018

Bank credit growth highest in five years; does that negate lurking credit crunch fears?

The growth registered by the banks is really encouraging with the fact that RBI has put 11 public sector banks under the prompt corrective action (PCA) framework.

Nov 23, 2018

'Binny Bansal filed police complaint against his accuser, withdrew it later'

Walmart's investigation against Bansal did not find any evidence to corroborate the woman's claims.

Nov 23, 2018

Dr Reddy's victory in US patent case for opioid treatment film boost for Indian generic drug makers

The ruling is a landmark one for many Indian generic drug makers who have been caught in long-winding litigation with established global players for the US market.

Nov 23, 2018

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Business news

General Motors shaking things up; to cut 15% jobs, shuts down 5 plants in North America

Sensex, Nifty turn cautious amid weak global cues

Mitsubishi Motors ousts Carlos Ghosn as chairman, days after Nissan firing

IndiGo introduces charges for web check in; draws flak from passengers

Elections, futures settlements expected to roil market week

China eats into world's largest natural gas reserve as Total exits Iran's South Pars

'Naresh Goyal willing to dilute stake to 15% to save Jet Airways from crashing'

Sensex, Nifty turn choppy as IT, pharma stocks fall

Petrol and diesel prices: Here's why one-year low in crude oil prices doesn't reflect in India

Microsoft surpasses Apple to become most valuable US company

Higher security spend of banks failed to curb increasing frauds

Bittersweet surplus: Farmers, governments in crisis as sugar output surges

Bank credit growth highest in five years; does that negate lurking credit crunch fears?

'Binny Bansal filed police complaint against his accuser, withdrew it later'

Dr Reddy's victory in US patent case for opioid treatment film boost for Indian generic drug makers

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]