Business news

PNB Housing Finance IPO: PNB subsidiary could see good response like Quess, L&T Infotech

PNB Housing Finance, a subsidiary of Punjab National Bank, is coming up with a Rs. 2,500 crore IPO.

Jul 19, 2016

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Kris Gopalakrishnan: Most start-ups destined to fail, says Infosys co-founder

Infosys co-founder Kris Gopalakrishnan says only about 5 to 10 percent start-ups globally will be able to scale their businesses.

Jul 19, 2016

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Ratan Tata-backed jewellery portal Bluestone raises $30 million

BlueStone, co-founded by Vidya Nataraj and Gaurav Singh Kushwaha, has Ratan Tata, Accel Partners and Kalaari Capital as investors.

Jul 19, 2016

Yahoo reports lackluster results as sale looms

Yahoo reported adjusted earnings of 9 cents per share, short of the 10 cents that analysts expected.

Jul 19, 2016

Employees' provident fund investment into indexed equities to remain at 5%

The central board of trustees agreed to continue with only 5 percent investments into exchange traded funds (ETFs).

Jul 18, 2016

Bombay Stock Exchange building BSE brexit crash

Mindtree Q1 net profit down 3.7% to Rs. 123.5 crore; shares fall 4%

Mindtree share prices plunged as the company's net profit decline by 3.7 percent YoY during the June 2016 quarter.

Jul 18, 2016

Reliance Jio 4G effect: Idea cellular now cuts rates on BIG internet packs over 2GB limit

Idea Cellular's new price for its 2GB, 5GB and 10GB data packs are Rs. 349, Rs. 649 and Rs. 990, respectively.

Jul 18, 2016

Jennifer Aniston helps Emirates fly high; airline ranked UAE's top brand

Other brands that ranked among the top by market research firm YouGov are WhatsApp, Samsung, Facebook, Apple, YouTube, Emaar, Google and Eithad.

Jul 18, 2016

ICICI to sell 12.65% stake in insurance firm, ICICI Pru Life

ICICI Prudential Life's sale of 1.81 crore equity shares could be valued at Rs. 5,000 crore.

Jul 18, 2016

Pokemon Go alternatives: Best AR-based games that can fill the void

Pokemon Go: Nintendo investors may not gain much from game's popularity, says report

PokÃ©mon Go has been developed by Niantic Labs, a JV between Google and PokÃ©mon Company, in which Nintendo has 32 percent stake.

Jul 18, 2016

Educomp forms joint venture with Ebix Software; shares up 5.5%

The joint venture has been formed with an aim to bid for larger government tenders for education related projects.

Jul 18, 2016

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Balaji Telefilms shares rise despite weak box office opening by 'Great Grand Masti'

"Great Grand Masti" has been produced by Balaji Telefilms, whose shares gained on the BSE on Monday despite the movie's leak affecting box office earnings.

Jul 18, 2016

ONGC, Oil India shares fall on royalty payment burden of $1 billion

The oil explorer firms will have to pay royalty to crude oil producing states such as Assam, Gujarat, Andhra Pradesh and Rajasthan.

Jul 18, 2016

Mindtree, Wipro shares trade low ahead of June 2016 quarter results

Mindtree shares trade low at the Bombay Stock Exchange ahead of the company's quarterly results announcement on Monday, July 18.

Jul 18, 2016

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Markets open on a bullish note on positive GST Bill buzz; Sensex up 130 points

Positive statements by the Modi government and the Congress have raised hopes of GST Bill being passed in Parliament.

Jul 18, 2016

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