Business news

Traders on warpath against commodities exchanges timing revision, risk fee hike

Protest action spreading to more agricultural wholesale markets outside Rajasthan and Gujarat as extended hours set to take effect from Monday

Dec 22, 2018

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Sensex falls nearly 700 points, Nifty cracks below 10,800 amid weak global cues

BSE Sensex settled 689.60 points or 1.89 percent lower at 35,742.07 after touching an intra-day high of 36,483.49 and a low of 35,694.74.

Dec 22, 2018

In another bail out, Modi government seeks fresh capital for cash-strapped Air India

The UPA government in 2012 had announced a 10-year bailout package of up to Rs. 30,000 crore for the cash-strapped airline

Dec 22, 2018

Sterlite Copper seeks fresh renewal of license from Tamil Nadu govt

The National Green Tribunal has given three weeks for the Tamil Nadu government to give the approvals.

Dec 21, 2018

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Decks cleared for Rs 4,022 crore ONGC share buyback

The government hopes to rake in Rs 2,640 crore by tendering part of its 65.64 per cent stake in the company.

Dec 21, 2018

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Sensex cracks over 400 pts, Nifty drops below 10,900 amid negative global cues

Negative global cues amid fears of a potential US government shutdown and rising tension between the US and China, too, weighed on investor sentiment.

Dec 21, 2018

India unlikely to hit Huawei with 5G import ban despite US spyware worries

With only a handful of capital responding to Washington worries, New Delhi goes with Europe for stringent testing standards.

Dec 21, 2018

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Start-ups get respite but worries persist about 'angel' tax confusion

Entrepreneurs hope CBDT will clarify the situation in a circular and bring some finality to the issue.

Dec 21, 2018

Gold prices steady as Fed's hint at 'some' hikes in 2019

Gold prices steadied on Thursday, after shedding half a percent in the previous session as the US Federal Reserve delivered a less-dovish outlook on monetary tightening than many had expected.

Dec 21, 2018

Swiggy raises $1 billion in largest ever funding round in food tech

The latest round of funding has resulted in Swiggy becoming the fifth most valuable startup in the country with a valuation of $ 3.3 billion.

Dec 20, 2018

Indian regulator orders Johnson & Johnson to stop using talc raw material

Moreover, over 100 samples were also collected from wholesalers, retailers, and distributors across the country which will be further tested to check the presence of any harmful substance.

Dec 20, 2018

Wipro starts online test as alternative hiring process for freshers

The test will cover logical reasoning, written skills, and online programming talent. The examinees will also have to choose a programming question between Java, C, C++ and Python.

Dec 20, 2018

IKEA to set foot in Noida creating about 8,000 jobs, signs Rs 5,000 crore MoU

Swedish furniture and home decor brand IKEA plans to set up an integrated commercial project in Noida and is likely to create about 8,000 direct and indirect jobs through the facility.

Dec 20, 2018

Tata Consultancy Services ranked 'Top Employer' in Asia Pacific region

Top Employer Institute certifies the Indian IT major as number one in several countries across the region including Australia, India, Hong Kong, Malaysia and Singapore

Dec 19, 2018