Business news

HDFC sells Rs 869 crore Unitech loan to asset reconstruction firm

In a regulatory filing, the housing finance firm said Unitech was facing cashflow problem, resulting in defaults in repayment.

Nov 19, 2016

Is the iconic commercial aircraft Boeing 747 being retired?

Boeing's iconic aircraft is set to be retired, with better technology arriving on the scene.

Nov 19, 2016

Black Friday shopping? Amazon has got you covered with Alexa [Top Deals]

Experience the unique way of shopping with your voice.

Nov 18, 2016

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Indian rupee falls to hit 9-month low; foreign investors turn net sellers on stock markets

The rupee has been falling steeply to the US dollar since demonetisation even as FIIs are on a selling spree on stock markets.

Nov 18, 2016

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Cryonic freezing: What is the process that could bring us back from the dead?

Cryonic freezing is the process of preserving a body with the aim of defrosting it and bringing it back to life at a later date. In November 2016 a terminally ill 14-year-old girl won a landmark case to have her body preserved, but what do we know about the procedure?

Nov 18, 2016

Volkswagen to layoff 30,000 people in 5 years

Volkswagen is planning the job cuts in bid to boost profitability and to provide funding for electric cars.

Nov 18, 2016

Life Insurance Corporation LIC premium insurance bima diamond plan money back

LIC likely to improve market share by end of this fiscal

With 31 percent rise in premium collections in April-October period, LIC is likely to surpass last fiscal's growth figures.

Nov 18, 2016

Reliance Industries, GE ink agreement to foray into industrial IoT

The two companies will work together to build joint applications on GE's Predix platform.

Nov 18, 2016

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LimeRoad posts huge loss in FY 2016: Report

Sales grew 173 percent to Rs 42.6 crore during fiscal year 2015-16, from Rs 15.61 crore a year earlier

Nov 18, 2016

TCS to convene EGM next month to remove Cyrus Mistry as director

Last week, Tata Sons had replaced Cyrus Mistry with Ishaat Hussain as the chairman of TCS.

Nov 18, 2016

Asian markets outside Japan trade lower on 21 November

Asian shares slip as dollar appreciates

The post-election shift in expectations has left Asian stocks vulnerable to investors.

Nov 18, 2016

Rupee dives deep to touch 68 mark on US Fed statement

US Federal Reserve chairman Janet Yellen believes the economic indicators justify a rate hike 'relatively soon.'

Nov 18, 2016

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Global reinsurers likely to begin Indian operations soon

Insurance regulator IRDA has asked five global insurers along with one Indian private insurer to bring in capital before giving its final nod for starting Indian operations.

Nov 17, 2016