Business news

Winter session round up: Make in India gives a big push to FDI flow in last 2 years

India received $77.86 billion of FDI during October 2014 - September 2016 period, a jump of around 60 percent after the launch of 'Make in India' initiative.

Nov 22, 2016

India gets muted response to small discovered field auction

Auction of small discovered oil fields by India witnessed subdued interest from global bidders.

Nov 22, 2016

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Indian shares take a breather, open with marginal gains

Taking cues from global markets, key equity benchmarks ended their losing streak and opened in green with marginal gains.

Nov 22, 2016

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Nusli Wadia issues defamation notice to Tata Sons

Wadia has asked Tata Sons to withdraw false and defamatory allegations or face lawsuit.

Nov 22, 2016

Play

Virtual reality system developed for first ever head transplant patient

This video shows a virtual reality developed to help Valery Spiridonov – a Russian man suffering from Werdnig-Hoffman disease – practice having a functional body before he undergoes the first ever head transplant operation. The 31-year-old is in a wheelchair due to the muscle-wasting disease. This VR system, created by Inventum Bioengineering Technologies, will help Spiridonov adjust to his new life before the operation takes place. This is to try to reduce the psychological impact of having his head attached to someone else’s body.

Nov 21, 2016

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Domestic air traffic: How IndiGo, Jet Airways, SpiceJet, Air India, Go Air, AirAsia India, Vistara performed in October

IndiGo takes its market share higher; Jet Airways, Air India, SpiceJet, Vistara, Go Air and AirAsia India show divergent trends.

Nov 21, 2016

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Demonetisation: PM Modi's decision paints Dalal Street red again; SBI top Sensex loser

The BSE Sensex falls 385 points on Monday over slowdown, uncertainty caused by demonetisation decision of PM Narendra Modi.

Nov 21, 2016

Evening wrap: I-T raid on Janardhana Reddy's firm, non-bailable warrant against Mallya, Selena Gomez sizzles in red and more

Also, read about India withdrawing $15 million in nine days since demonetisation and GK Pillai may head BCCI soon.

Nov 21, 2016

Facebook, Google to expand UK operations, add more jobs

Facebook will set up new headquarters in London next year and add 500 jobs in the UK. Google will hire 3,000 more staff in its city establishment.

Nov 21, 2016

Debt funds turn attractive as returns soar after demonetisation

With falling bond yields after the demonetisation, debt funds in mutual fund space have witnessed a surge in returns recently.

Nov 21, 2016

TCS says ex-chairman Cyrus Mistry caused 'enormous harm' to company

TCS on Monday in a regulatory filing said the ex-chairman caused harm not only to the firm but also to stakeholders.

Nov 21, 2016

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Tata Group market cap falls $16 billion in 40 days

From $125 billion as of October 6, the market cap of 29 listed Tata companies plunged to $108.89 billion as of November 17, 2016.

Nov 21, 2016

Loan defaults in tractor, construction equipment space remain high: India Ratings

However, recovery in commercial vehicle space has improved in recent months on rising economic activity, the agency noted in a report.

Nov 21, 2016

Toys R Us has a burning problem with this hot Tonka truck

The truck is a 12-volt Tonka Mighty Wheels dump truck model.

Nov 21, 2016

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SpiceJet launches 'Spicy Annual Sale'; tickets start at Rs 737; Q2 results on November 25

Shares of low-cost carrier SpiceJet were trading with losses even as it announces 'Spicy Annual Sale'.

Nov 21, 2016

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