Business news

Zee's TEN Sports sold to Sony Pictures in Rs. 2,600 crore all-cash deal

The sale was approved by Zee's Board of Directors on Wednesday. The TEN Sports channels include TEN 1, TEN 1 HD, TEN 2, TEN 3, TEN Golf HD, TEN Cricket and TEN Sports.

Aug 31, 2016

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RBL Bank gains after listing at 22% premium; Sensex at new 52-week high

Private sector lender RBL Bank's initial public offering saw investors lapping up the offer in large numbers.

Aug 31, 2016

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Gold above two-month lows as dollar slip; U.S. jobs data in focus

Gold edged up from two-month lows hit in the previous session, as the dollar edged lower and investors waited for signs on the timing of a Federal Reserve rate hike.

Aug 31, 2016

Federal Bank appoints Sumit Kakkar as Chief Credit Officer

Sumit Kakkar has over 20 years of experience in banking.

Aug 30, 2016

AirAsia India's Q2 loss reduces to Rs 20.36 crore

AirAsia India's revenues increased to Rs. 188.92 crore when compared to Rs. 109.46 crore for the same quarter in the last fiscal.

Aug 30, 2016

Play

Apple faces â‚¬13bn tax penalty for receiving illegal state aid in Ireland

The European Commission alleges that that the US tech giant Apple received illegal state aid from Ireland. It now faces the largest tax penalty ever to be paid in Europe, â‚¬13bn (Â£11.1bn). The commission have claimed that the Irish government provided a deal to Apple in return for job creation in Ireland, which was unfair as it allowed Apple to pay less tax than rival firms.

Aug 30, 2016

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RBL Bank IPO: Issue price fixed; listing of shares on Wednesday

Kolhapur-based RBL Bank saw its initial public offering (IPO) oversubscribed 69 times.

Aug 30, 2016

Most Instagrammed airports in the world: Check out the 8 most popular airports on Instagram [PHOTOS]

A leading travel search site in the Asia Pacific and the Middle East has compiled the most tagged airports by travellers on Instagram.

Aug 30, 2016

Laurus Labs IPO: Things to know about the Hyderabad-based company

The 11-year-old Laurus Labs pharma firm makes medicines for Hepatitis C and other diseases.

Aug 30, 2016

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Gold Bonds: RBI to make fifth issue of sovereign bonds from Sept. 1

The sovereign gold bonds scheme was launched in November 2015 by PM Modi; the fifth tranche opens next month.

Aug 30, 2016

Online home decor firm Livspace raises Rs. 100 crore in third round of funding

The funds will be utilised towards expanding the company's operational footprint across metro cities.

Aug 30, 2016

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Sensex hits new 52-week high tracking Asian, European stock markets

The 440-point BSE Sensex rally was led by Asian Paints, Maruti Suzuki, GAIL (India) and HDFC Bank.

Aug 30, 2016

Oil prices rise as dollar comes off two-week high

A weaker dollar makes oil purchases cheaper for buyers using other currencies, potentially spurring demand.

Aug 30, 2016

EpiPen maker Mylan says will release cheaper generic version of drug to be priced at $300 in several weeks

EpiPen's that were priced at around $100 in 2008 were hiked to $600 after the company's recent announcement.

Aug 29, 2016

Angel Broking launches wealth management tool for retail investors

ARQ uses algorithms, Quant and Modern Portfolio theory to enable personalised investment advice.

Aug 29, 2016

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