Business news

RBI calls for preventive action in banks against cyber threats

The RBI's new frameworks mandate banks to form cyber security policies to assess, monitor, control and prevent vulnerabilities.

Jun 3, 2016

TRAI seeks power to penalise errant telcos

The telecom regulator warned telecom operators for their continuing poor performances and asked to further decrease drop rates.

Jun 2, 2016

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Jet Airways announces special low fares after SpiceJet, Air India, AirAsia India

Jet Airways, SpiceJet, Air India and AirAsia India are wooing passengers with low fares to beat lean season.

Jun 2, 2016

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Coal India output, offtake rise in May; stock rallies 4% on BSE

The world's largest miner released offtake and production figures for May on Thursday.

Jun 2, 2016

Uber raises $3.5 billion from Saudi Arabia's Public Investment Fund

The new round of fundraising puts Uber's valuation at $62.5 billion.

Jun 2, 2016

Airports Authority of India revenues cross Rs. 10,000 crore for the first time

The record growth in revenues could be due to low fuel prices, which has resulted in an increase in the number of passengers.

Jun 2, 2016

Lending by state-run banks falls to 12-year low

Public sector banks' share of credit fell by nearly 4 percent during 2015-16, while private banks saw their market share grow for the same period.

Jun 1, 2016

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Gold, silver prices fell more than 4% in May while Sensex gained

The fall in gold prices was attributed to weak demand and rising fears of an interest rate hike by the US Federal Reserve.

Jun 1, 2016

Play

UK house builders: Are Berkeley Group, Bellway and Persimmon a value buy or value trap?

A buy-to-let slowdown and EU referendum fears have put some investors off house builders in Britain.

Jun 1, 2016

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Royal Enfield motorcycle sales rise 37% in May

Eicher Motors sold 48,604 units of Royal Enfield motorcycles last month as against 35,354 units sold in May last year.

Jun 1, 2016

Jet fuel price hike likely to deal a blow to passengers, air carriers

The 9.2 percent hike in jet fuel price came into effect from Wednesday.

Jun 1, 2016

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LinkedIn bets big on India, 'open' to buying Indian start-ups

India is the second-biggest market for LinkedIn, with a user base of 35 million, after U.S.

Jun 1, 2016

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Domestic car sales in May: How Maruti Suzuki, Hyundai, Mahindra, Renault India, Honda performed

Maruti Suzuki, Hyundai, Mahindra, Renault reported moderate-to-high growth while Honda saw car sales declined in May.

Jun 1, 2016

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BSE Sensex was Asia's best-performing index in May

The Sensex gained 4 percent in May, despite reversing the five-day winning streak on Tuesday and losing 57 points.

May 31, 2016

SoftBank Corp. Chief Executive Masayoshi Son

SoftBank's investment in India may exceed $10 billion over next decade

The Japanese telecom and internet firm has so far invested about $2 billion in Snapdeal, Ola, Oyo and Grofers, among others.

May 31, 2016

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