Business news

Johnson & Johnson to pay over $1 billion penalty on faulty hip replants

The damage claim of more than $1 billion is the third-largest overall jury award in 2016.

Dec 2, 2016

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Domestic two wheeler sales: How Royal Enfield, Honda, Hero Motocorp, TVS Motor, Yamaha and Bajaj fared in November

Two wheeler makers are facing a tough time due to demonetisation; TVS Motor, Honda, Yamaha, Hero Motocorp, Bajaj report mixed trend.

Dec 2, 2016

Starbucks CEO Howard Schultz steps down, passes mantle to current COO

Schultz will remain in the company and will now focus on turning Starbucks' reserve-branded coffee bars into destination restaurants.

Dec 2, 2016

Donald Trump warns US companies of punishment for leaving country

Trump made the comments while announcing the Carrier deal in Indiana.

Dec 2, 2016

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Midcap, infra, banking stocks under pressure

Sensex was trading 0.94 percent down on Friday morning as profit booking by traders and concerns over demonetisation weighed on investors' sentiments.

Dec 2, 2016

New iPhone '5' May Support NFC Chip; Is Apple Ready To Release The iWallet?

Fintech startups on radar as digital economy takes shape

Startups working on financial transaction space are likely to get more attention from private equity players in coming days.

Dec 1, 2016

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Jewellery bought from disclosed income, inherited not to be taxed: Govt

Government Thursday clarified that amended Income Tax bill passed by Lok Sabha has no provision to impose tax on legitimate holdings of jewellery.

Dec 1, 2016

Air India Express records profit of Rs 415 crore in April-September period

The carrier's reported revenue of Rs 1,897 crore during the first six months of the present fiscal.

Dec 1, 2016

Delhi High Court quashes govt's ban on 344 fixed dose combination drugs

In March, the government had banned these combination drugs following a report that deemed they lacked therapeutic efficacy.

Dec 1, 2016

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Short-term debt funds better placed post CRR move: Fund managers

After RBI's new CRR norm, fund houses have witnessed huge outflows from debt funds, especially from liquid funds, in the recent past.

Dec 1, 2016

Jio users' reliance on Wi-Fi is lowest across globe

Reliance Jio Payments Bank was formed within days of demonetisation: Report

Reliance Industries Ltd. joined hands with State Bank of India to form Reliance Jio Payments Bank on November 10.

Dec 1, 2016

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How Sensex, gold, silver, rupee moved in demonetisation-hit November

The note ban decision by PM Narendra Modi on November 8 threw stock, currency and gold markets off-guard.

Dec 1, 2016

Nusli Wadia to proceed with defamation lawsuit against Tata Sons

Wadia says he will proceed with the lawsuit as Tata Sons has failed to justify its allegations against him.

Dec 1, 2016

Play

Vodafone Foundation helps save mothers’ and children’s lives in one of the world’s worst HIV hotspots

Maboe, 43, and her son Motsamai, 6, are HIV positive. They now receive regular treatment close to home through the Vodafone Foundations mobile treatment programme in Lesotho. The programme combines Vodafone’s M-Pesa mobile money service with travelling clinics and a smartphone app which enables the tracking of patients in remote areas. The Vodafone Foundations travelling clinics use a fleet of 4 x 4 vehicles to provide on-site HIV testing in remote areas as part of a wider effort to provide basic primary healthcare.

Dec 1, 2016

Demonetisation to pour cold water on Monte Carlo Fashions during peak season

The October-December quarter accounts for almost 55 percent of total revenues for Monte Carlo Fashions; demonetisation is bad news.

Dec 1, 2016

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