Business news

Anil Ambani Group firms hog limelight on lacklustre trading day

Reliance Capital hives off its home loan business, while Reliance Communications, another ADAG company, merges with Aircel.

Sep 14, 2016

Bayer agrees to buy Monsanto in $66 billion deal: Report

If the deal goes through, German firm Bayer may command more than a quarter of the combined world market for seeds and pesticides.

Sep 14, 2016

New Â£5 note made available to the public

The Bank of Enlgands new Â£5 note has been announced, which for the first time in British history is made out of polymer. The switch to the longer-lasting notes will save roughly Â£100 million as the notes are waterproof, crinkle proof and tear resistant. The old Â£5 bill, which carries a picture of social reformer Elizabeth Fry, will remain in circulation until next year but it will cease to be legal tender on 5 May 2017

Sep 14, 2016

Reliance Capital board approves IPO listing of home finance business; shares rise

The listing of Reliance Home Finance is expected to unlock a substantial value for the existing shareholders of the firm.

Sep 14, 2016

Coal India first quarter net profit falls 15% to Rs. 3,065 crore; shares dip

The company's net sales dipped 6 percent at Rs. 17,796 crore for the April-June period this fiscal.

Sep 14, 2016

SpiceJet ties up with Germany's Hahn Air to explore markets overseas

The agreement will enable SpiceJet to sell its flight tickets on Hahn Air's booking system.

Sep 13, 2016

Tata Steel reports $477 million Q1 loss on Europe plant sale

Tata Steel has been hit hard in Europe due to a fall in steel demand, excess capacity and rising imports from China.

Sep 13, 2016

Reliance Jio SIM comes at a price - patience and time

Reliance Jio to raise Rs. 15,000 crore

Reliance Jio launched its services in the country on Sept. 5.

Sep 13, 2016

Buy-to-let: Three other ways you can invest in UK property

Britains biggest buy-to-let investor Fergus Wilson has claimed the age of the amateur landlord is over. If that is indeed the case, here are some other ways you can invest in the UK housing market.

Sep 12, 2016