Business news

Lockheed Martin will shift F-16 fighter jet manufacturing unit to India if it gets assured orders

The challenge before Lockheed is to use its competitive production advantage into winning this deal, says an aerospace expert.

Aug 5, 2016

Asia stocks gain, pound weakens on Bank of England easing, US jobs data awaited

Japan's Nikkei advanced 0.3 percent, on track for a loss of 1.6 percent for the week.

Aug 5, 2016

After Air Pegasus, Air Costa halts operations over payment issues

The airline is sorting out payment issues with its lessor, GE Capital Aviation Services, an Air Costa official said on Thursday.

Aug 5, 2016

StanChart sees further cuts to bad loan provisions in China, India

A sharp spike in non-performing loans in China and India had weighed on the Asia-focused bank's balance sheet in recent years.

Aug 4, 2016

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RBI's new alert website to save people from investing in ponzi schemes

The initiative is expected to streamline the search for genuine operators, while keeping away fraudsters.

Aug 4, 2016

Sahara's cash deposit with SEBI now stands at Rs. 10,000 crore

Payment of bail bond amount was not a guarantee for Roy's freedom as the company's principal liability is Rs. 24,000 crore, the SC asserted.

Aug 4, 2016

GST Bill fails to trigger bull run on BSE

The GST Bill's smooth sailing in the Rajya Sabha on Wednesday fails to impact stock markets on Thursday.

Aug 4, 2016

Oil prices bounce after US gasoline inventory draw

The jumps on Wednesday and Thursday marked at least a temporary end to a sharp downward trend since June.

Aug 4, 2016

Emirates Boeing 777 crash-landing: What we know so far about the Thiruvananthapuram-Dubai flight

Here is everything you need to know about the crash landing of flight EK521.

Aug 3, 2016

An employee of Infosys stands at the front desk of its headquarters in Bengaluru

Infosys invests $4 million in Israeli cloud management start-up

Infosys is focusing on its platform business and has developed a cloud ecosystem hub similar to what Cloudyn offers.

Aug 3, 2016

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Emami's Q1 net profit falls 35% on higher finance, lower other income

Emami, with 2,900 distributors across the country, is one of the fastest growing FMCG firms in India.

Aug 3, 2016

Honda Scooters auto sales two wheeler motorcycle motorbike india monthly domestic

Honda Motorcycle & Scooter, Yamaha, Hero Motocorp post high growth in July

Honda Motorcycle & Scooter India (HMSI), Yamaha India and Hero Motocorp reported good volume sales in July.

Aug 3, 2016

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HCL Tech Q1 net profit up 14.8%; shares jump 8.6%

Shares of HCL Technologies jumped over 8 percent intraday, as the IT company's net profit increased by 14.8 percent year-on-year.

Aug 3, 2016

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HSBC's first-half profit skids 29% on UK, Hong Kong slowdown

HSBC said that pretax profit in the half ended June slipped to $9.7 billion, down from $13.6 billion in the same period a year earlier.

Aug 3, 2016

Lupin buys 21 drugs from Japan's Shionogi to expand its generic portfolio

Shionogi's generic drug portfolio to be acquired by Lupin's Japanese subsidiary Kyowa has sales worth $90 million.

Aug 2, 2016

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