Business news

Saudi Arabia, Aramco, Saudi Aramco, Saudi Arabia oil and gas

Aramco stake sale: Saudi newspaper retracts its report

Saudi Arabian newspaper al-Eqtisadiah reported on Sunday that Aramco was planning to sell 49 percent of its shares over the next decade.

Dec 26, 2016

amazon india, online marketplace, ecommerce, snapdeal, flipkart, amazon india loss

Jeff Bezos' Amazon widens India losses 10-fold in 2 years

Amazon India directly competes with Snapdeal, Flipkart in India's thriving e-commerce market, but is also incurring losses.

Dec 26, 2016

intellect design arena, intellect design share price, intellect design arena news, rekha jhunjhunwala sells, rakesh jhunjhunwala intellect design arena, bse sensex, nse nifty

Sensex sheds almost 250 points, NSE down 1%; Axis Bank, Cipla, Adani Ports, SBI top losers

Benchmark indices Sensex and Nifty open on a weak note and slipped further; Cipla, Adani Ports, SBI are buzzing stocks.

Dec 26, 2016

inflation pay commission retail cpi wpi wholesale salary hike central govt pensioners 7th cpc staff central modi government

Farm loan waiver as political plank pits Modi Govt against Congress

While the government will not want to be branded anti-farmer, it will have to consider complex monetary calculations while formulating the Budget.

Dec 25, 2016

7th Pay Commission: Bad news for staff and pensioners of autonomous bodies as their pay revision may be delayed further

The Confederation of Central Government Employees and Workers (CCGEW) has already taken up the matter of the delay with the Centre.

Dec 25, 2016

budget 2017 and stock markets, union budget 2017, stock markets live updates, arun jaitley, sensex live update, nifty live update

Sensex, Nifty may react to PM Modi's hint at taxing LTCG; Maruti Suzuki, ONGC to buzz

Modi's comment that those who make money from financial markets should pay taxes for nation-building is being seen as hinting at long-term capital gains tax.

Dec 25, 2016

'Mann Ki Baat' address: 'This is not the end, just the beginning in our fight against corruption,' says PM Modi

The prime minister could talk about demonetisation as his deadline of 50 days is all set to end on December 30.

Dec 25, 2016

Mann Ki Baat 27th edition live streaming : Listen to the latest address by PM Modi on December 25, 2016, live online

Prime Minister Narendra Modi is expected to tackle a lot of topics, including demonetisation and Budget 2017 as part of his radio address this time.

Dec 24, 2016

Delhi Metro Corporation Limited (DMRC), delhi metro, delhi police, cisf

PM Modi accused of bribery again as 10 Delhi Metro stations go cashless with Paytm from January 1

Former AAP member and Swaraj Abhiyan founder Prashant Bhushan tweeted that the Prime Minister had taken bribes, and Arvind Kejriwal retweeted it.

Dec 24, 2016

Deutsche Bank, DoJ, investors, Deutsche Bank Share price

Deutsche Bank, Credit Suisse settle multi-billion dollar lawsuits over US mortgage probe

While Deutsche Bank will pay $7.2 billion, Credit Suisse has agreed to pay $5.28 billion for wrongly selling subprime loans and manipulating foreign exchange rates.

Dec 23, 2016

spicejet, AGM, share price, ajay singh, plf, market share, dgca

SpiceJet AGM to decide on Ajay Singh's salary, perks

Ajay Singh's extended tenure will be from April 2016-May 2018; he took over low-cost carrier SpiceJet from Kalanithi Maran in January 2015.

Dec 23, 2016

wipro, us sec, wipro settles case with us sec, share price, wipro q3

Wipro settles 6-year old US SEC probe with $5 million fine

The civil money penalty will be paid by Wipro to close an investigation launched by the US SEC in an embezzlement case.

Dec 23, 2016

budget 2017, demonetisation, remonetisation, pm modi, announcement, rbi

Budget 2017: What could PM Narendra Modi announce on December 31?

The first demonetisation deadline ends on December 30 and PM Modi is likely to make some drastic announcement next day ahead of Budget 2017.

Dec 23, 2016

SBI Buddy vs Paytm: SBI's 'desi' Buddy takes on 'somewhat Chinese' Paytm with banner of patriotism

SBI says its Buddy app is more secured, charges way less and is partly-owned by the government of India unlike Paytm, in which China's Alibaba has a stake.

Dec 23, 2016

Oil prices fall on profit taking, strong dollar

A strong dollar makes greenback-denominated commodities, including oil, more expensive for holders of other currencies.

Dec 23, 2016

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IBTIMES TV

Iran's top nuclear scientist killed in deadly shootout: Tehran blames Israel, US, vows revenge

3 hours ago