Business news

Sensex sheds 480 points on global sell-off, sluggish corporate earnings

A silver lining for the markets this week was Infosys' announcement of upbeat results for the third quarter.

Jan 16, 2016

BSNL slashes mobile call rates by 80% for existing customers

Last month, the operator had rolled out the same scheme for new customers.

Jan 16, 2016

Start-up India: Japan's SoftBank to invest $10 billion in Indian firms

India is home to 18,000 startups, employing 3 lakh people, former Infosys director TV Mohandas Pai had said last month.

Jan 16, 2016

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London mayoral 2016 election outsiders: Polish â€˜Princeâ€™ Janek Zylinski vows to ban Nigel Farage from capital

2016 London mayoral candidate, Janek Zylinski, vows to ban Nigel Farage from capital.

Jan 15, 2016

Satellite rights of Wazir, Kya Kool Hain Hum 3 could be lower unlike Bajirao Mastani, Dilwale

Eros International Media is the global distributor of Ranveer Singh-Deepika starrer "Bajirao Mastani".

Jan 15, 2016

Sensex hits 19-month low on weak corporate earnings, falling rupee

A total of 25 stocks registered a fresh 52-week high in trades today, IIFL said.

Jan 15, 2016

Rupee may depreciate to 70 versus dollar in 12 months: Jamal Mecklai

But Mecklai said "rupee's fall to be orderly with support from the Reserve Bank of India".

Jan 15, 2016

PI Industries stocks gave over 1,20,000% returns in 13 years

PI's shares rose from a closing price of Rs 0.53 on 31 December, 2012, to Rs 649.05 on 31 December, 2015.

Jan 15, 2016

India Inc's earnings unlikely to improve in the next 2-3 years

Global rating organisation Fitch said profits declined during 2014-15 and 2015-16 mainly due to lack of pick up in private sector investment.

Jan 15, 2016

Renault shares dropped over 20% after anti-fraud raid

Renault said no cheating devices were found during searches.

Jan 14, 2016

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Liberia declared Ebola-free but WHO says the job is not done

Liberia was declared free of the Ebola virus by global health experts on 14 January, a milestone that signalled an end to an epidemic in West Africa that has killed more than 11,300 people. But the World Health Organization (WHO) warned there could still be flare-ups of the disease in the region, which has suffered the worlds deadliest outbreak over the past two years, as survivors can carry the virus for many months and could pass it on. Health specialists cautioned against complacency, saying the world was still underprepared for any future outbreaks of the disease.

Jan 14, 2016