Business news

Platinum, diamond preferred over gold this festival season: Assocham

Demand for diamond jewellery is estimated to have grown by 30-35 percent year-on-year this season.

Oct 28, 2016

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PNB Housing Finance IPO: Public issue oversubscribed; listing will be keenly watched

Overall, the Rs 3,000 crore IPO of PNB Housing Finance was oversubscribed 30 times; retail investors gave a lukewarm response.

Oct 28, 2016

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PVR reports fall in Q2 net profit; pins hopes on Ae Dil Hai Mushkil to boost collections

Net profit falls 5 percent despite 17 percent rise in revenues for multiplex chain operator PVR.

Oct 28, 2016

Johnson & Johnson lose baby powder cancer case, ordered to pay $70 million to woman who sued them

Deborah Giannecchini of California alleged in her lawsuit that years of using Johnson & Johnson's baby powder caused her cancer.

Oct 28, 2016

Vikram Chandra no longer NDTV Group CEO

In a tweet, Chandra said he was stepping down to focus on his TV shows and other areas of interest.

Oct 28, 2016

Air India's bank loans could be converted into equity: Report

Before the plan is executed, it will have to be approved by the board members of the banks and the cabinet.

Oct 28, 2016

Dollar, bond yields stand tall on enhanced Fed rate hike prospects

Wall Street shared edged lower on Thursday in a choppy session after the latest round of earnings reports.

Oct 28, 2016

Hewlett Packard Enterprise and Intel launch new Centre of Excellence in Bengaluru

The Centre of Excellence provides a great opportunity to engage with our customers and better understand their requirements, says Vikram K, Director, Servers, HPE India.

Oct 27, 2016

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Theresa May hails Nissans investment as fantastic news for UK post-Brexit

Japanese carmaker Nissan has revealed plans to secure 7,000 jobs in Britain, after confirming it will build its new Qashqai model at its Sunderland plant. Prime Minister Theresa May called the decision a very important commitment but did not specifically comment on any sweeteners or deals the government has made with Nissan. Late in September, group chief executive Carlos Ghosn warned that the company would need compensation for any tax barriers that might follow in the wake of the UK leaving the European Union.

Oct 27, 2016

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Tech Mahindra Q2 net profit falls 17.5% YoY to Rs 643.40 crore

Revenues grew 8.3 percent YoY and 3.6 percent QoQ to Rs 7,167.4 crore, Tech Mahindra said in a statement.

Oct 27, 2016

Central government under pressure from tobacco industry ahead of WHO conference

The Indian tobacco industry, which is the world's third-biggest tobacco producer, wants the Modi government to soften its stance on tough controls.

Oct 27, 2016

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Vijaya Bank shares hit 52-week high on upbeat Q2 results

The Bengaluru-based public sector lender reports 34 percent rise in net profit for the September quarter; stock gains sharply.

Oct 27, 2016

Full Text: Tata Sons hits back at Cyrus Mistry for letter leak

Mistry, in his letter, had lashed out at the group for sacking him in an abrupt manner and without any explanation.

Oct 27, 2016

JSW Steel net profit rises 1,200% in Q2; board approves 1:10 stock split

Net profit jumps to Rs 726 crore, while income increases 20 percent in Q2 for JSW Steel.

Oct 27, 2016

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Channel 5s Me and My Mental Illness hears stories of sufferers including Alastair Campbell

Journalist Alastair Campbell and former boxer Frank Bruno both tell of their struggles in a new Channel 5 documentary Me and My Mental Illness being broadcast on Tuesday 1 November at 10pm. It looks at different mental health problems as sufferers speak directly and frankly about their experiences.

Oct 27, 2016

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