Business news

Zee Entertainment, DCM Shriram spurt on BSE after upbeat March-quarter results

Zee Entertainment ad revenues rose 29 percent while DCM Shriram's sugar business saw a turnaround, putting the firm back in the black.

May 11, 2016

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7 NBFCs return licences; certificates of 4 others cancelled by RBI

The non-banking financial companies will no longer be able to carry on business, said the RBI.

May 11, 2016

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Turkey's TAV Airports eyes opportunities in India, Malaysia

TAV Airports is planning to expand its global footprint to new markets such as India, Malaysia and Vietnam.

May 11, 2016

Disney reports rare earnings miss, shares sink

Shares of the world's best-known entertainment company fell more than 5 percent in extended trading.

May 11, 2016

Qatar Airways postpones world's longest non-stop flight due to 'A350 delay'

The 17.5 hour, 9,031-mile service on Boeing 777 jets to New Zealand had been due to start on Dec. 3 this year.

May 11, 2016

Asia shares bounce on bright earnings, yen bruised

MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.4 percent in early trade.

May 11, 2016

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Gold buying this Akshay Tritiya slowed due to high prices

An annual Hindu and Jain festival saw 35 percent lower demand compared to last year.

May 10, 2016

Government to sell 15% stake in MMTC and STC

The government has asked bankers to help sell 15 percent stake sale in the two companies.

May 10, 2016

7 bidders shortlisted for Tata Steel's UK business

Sajjan Jindal-owned JSW Steel and Liberty House are reportedly among the seven shortlisted bidders, Mint reported.

May 10, 2016

Germany's JAB to take Krispy Kreme private for $1.35 billion

JAB, making its second U.S. acquisition in just over two months has ambitions to build a global coffee powerhouse to rival market leader Nestle SA.

May 10, 2016

Sensex gains 460 points on better-than-expected corporate earnings

The S&P BSE Sensex and the NSE Nifty surged on better corporate earnings and passage of insolvency legislation.

May 9, 2016

UAE-based Indian firms line up $3.6 billion for investment in Uttar Pradesh

In the forthcoming weeks, the UP government will declare the names of the five investors.

May 9, 2016

Zomato CEO Deepinder Goyal responds to HSBC slashing app's valuation

Besides Deepinder Goyal, Info Edge, the largest shareholder in food ordering app Zomato, also disagreed with HSBC's valuation.

May 9, 2016

MCFL shares fall on suspicion of 'irregularities and mismanagement' in investment

Mangalore Chemicals & Fertilizers Ltd., (MCFL), co-promoted by Vijay Mallya's UB Group, is now facing wider probe by Indian agencies.

May 9, 2016

China trade may sway Fed's rate decision

A run of Chinese data is expected to show activity moderated in April after a strong showing in March.

May 9, 2016

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