Business news

Sensex ends flat after volatile trading; JP Associates top gainer, Bhushan Steel up 11.52%

JP Associates gained 15.57 percent and closed at Rs. 7.94 on the BSE.

Jun 14, 2016

All DCB Bank ATMs to become Aadhaar-enabled in six months

DCB Bank's "cardless and pinless" facility was launched by ex-Infosys executive Nandan Nilekani.

Jun 14, 2016

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Gold bonds consolidate gains after listing at a premium on Monday

The sovereign gold bonds were trading at Rs. 3,173.90 against the issue price of Rs 2,684, representing 1 gm.

Jun 14, 2016

AirAsia chief Tony Fernandes given OCI status; what this means for the Malaysian entrepreneur [VIDEO]

Tony Fernandes, the Air Asia chief, says that 5/20 rule is archaic and Indian civil aviation market needs more competition.

Jun 13, 2016

OPEC predicts oil market to balance by end of 2016

Signs of reduction in oil glut was apparent with price settling just below $50 a barrel from the lowly $25 it had reached prior to February.

Jun 13, 2016

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Gold prices rise for 5th straight day, close at three-week high

A firm trend in global markets coupled with strong buying in India ensured gold prices remained high in the country.

Jun 13, 2016

Tata Power inks deal to buy Welspun Renewables for Rs. 9,249 crore

The acquisition will boost Tata Power's clean energy production to 2300 MW.

Jun 13, 2016

Dr. Reddy's Laboratories buys 8 drugs from Israel's Teva Pharma for $350 million

The acquisition of these generic drugs is subject to Teva Pharm's acquisition of US-based Allergan Plc.

Jun 13, 2016

AirAsia India announces promotional offer; tickets start at Rs. 899

The limited-period scheme offer is valid from June 13 to 19, AirAsia India said.

Jun 13, 2016

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Fortis Healthcare shares crash on Rs. 500 crore penalty; Sensex narrows loss to close 239 points down

A Fortis Healthcare subsidiary has been asked to pay Rs. 503 crore by the Delhi government for alleged land allotment violation.

Jun 13, 2016

Tata Group to mentor 300 women staff for top leadership positions

The group aims to have more women at top leadership positions in line with the company's vision of gender-diversity.

Jun 12, 2016

India Post to roll out 650 payments bank branches next year

The branches will be launched with initial investments of Rs. 800 crore and a workforce of over 3.5 lakh people.

Jun 12, 2016

TAG Heuer pushing brand in Chinese market, says CEO

Jean-Claude Biver said TAG's sales grew 20 percent during the first five months in 2016.

Jun 12, 2016

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Panel to recommend a RBI chief; Govt to apply discretion

The appointment of the Reserve Bank of India governor will follow a panel's recommendation, though government can apply its discretion.

Jun 11, 2016

Gawker Media files for bankruptcy after Hulk Hogan sex tape lawsuit

Ziff Davis has expressed an interest in Gawker Media after it recently filed for bankruptcy in the wake of the Hulk Hogan lawsuit

Jun 11, 2016

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