Business news

Govt re-evaluating 5% stake sale in ONGC

The stake sale is expected to take place in the third quarter of the present financial year

Sep 27, 2016

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Stocks, Mexico peso bounce as markets foresee Hillary Clinton as winning US presidential elections

Markets see Hillary Clinton as a status quoist, while being unsure of Donal Trump's policies.

Sep 27, 2016

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L&T Finance Holding aims to sell private equity portfolio: Report

The firm is in talks with investors and the deal is reportedly expected to be completed in next few months

Sep 27, 2016

IRB Infrastructure bags highway project worth Rs 1,200 crore; shares rise

The highway project, awarded by NHAI, involves construction of highway in Rajasthan and Gujarat.

Sep 27, 2016

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Jet Airways forming alliance with Air France-KLM, Delta Airlines

The alliance between the three airlines will encompass code-sharing agreements, frequent flyer programmes and other synergies.

Sep 27, 2016

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Tepid demand, weak global cues pull down gold prices

Gold prices fell Rs. 80 to close at Rs. 31,520 per 10 gm on Monday, while silver lost Rs. 150 to end at Rs. 46,350 per kg.

Sep 26, 2016

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Reliance Jio buzz lifts RIL shares to 7-year high

On Monday, RIL stock touched a high of Rs. 1,128.90, a level last seen in May 2009.

Sep 26, 2016

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Bank of America to slash Asia investment banking jobs to cut costs

The bank joins the likes of Goldman Sachs and Barclays, prompted by a slowdown in the region.

Sep 26, 2016

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Pfizer announces completion of Rs. 110-crore deal with Piramal Enterprises

Earlier in May, Piramal Enterprises signed an agreement to buy four products from American pharma company Pfizer.

Sep 26, 2016

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DCB Bank launches 'DCB UPI' mobile app

Private sector lender DCB Bank is one of the 21 banks that joined the UPI interface recently.

Sep 26, 2016

GNA Axles makes a stellar debut on stock exchanges, ends with 18% gain

The issue price of GNA Axles in the public issue was Rs 207 per share.

Sep 26, 2016

Google comes to your rescue for booking a cab

Uber India's business development chief Mahesh Bhalla steps down abruptly

Mahesh Bhalla had joined Uber India as business development head in May 2016.

Sep 26, 2016

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Sensex, Nifty feel the heat ahead of Donald Trump-Hillary Clinton debate

Equity indices tumble over fears of rise in volatility if US presidential candidate Donald Trump pips Hillary Clinton in debates.

Sep 26, 2016

Asian shares fall, brace for bruising US presidential debate

The gloomy mood was likely to continue into the European session, according to financial spreadbetters.

Sep 26, 2016

Tata Steel to hold talks with British trade unions

Tata Steel has called for talks to try and secure the merger of its European operations with that of ThyssenKrupp.

Sep 26, 2016

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