Business news

Infosys shares fall 4% on COO Pravin Rao's warning of 'quarterly bumps up and down'

Pravin Rao made the comment at an investor conference hosted by Citi on Wednesday, leading to a fall in Infosys share price on Thursday.

Jun 9, 2016

Morgan Stanley pays $1 million SEC fine over stolen customer data

According to the SEC, Morgan Stanley violated a federal regulation known as the Safeguards Rule by failing to properly protect customer data

Jun 9, 2016

'Housefull 3' box office success lifts Eros International shares

"Housefull 3" starring Akshay Kumar, Abhishek Bachchan and Jacqueline Fernandez has been co-produced and distributed by Eros.

Jun 8, 2016

ED sends show-cause notice to Bengaluru-based Devas Multimedia over FEMA violations

The firm allegedly violated FEMA rules over foreign direct investment to the tune of Rs. 578.54 crore during 2006-2010.

Jun 7, 2016

Sensex, Nifty rally on RBI's monetary policy status quo

Both the crucial indices crossed the psychological limit of good gains despite the RBI's dovish stance on the monetary policy.

Jun 7, 2016

Play

Why young people should invest in Nutmeg, not Kickstarter

Four easy ways for young people to invest in stocks and bonds

Jun 7, 2016

PM Modi gets Switzerland's support to tackle tax evasion

Switzerland's support to help India could be a stepping stone in probing black money parked in Swiss bank accounts

Jun 7, 2016

NTPC plans to raise Rs. 20,000 crore in FY17

Of the total amount, NTPC would raise Rs. 14,000 crore from the domestic market.

Jun 7, 2016

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Sensex, Nifty end trading with losses ahead of RBI monetary policy meet

The RBI monetary policy meet and comments if any by RBI governor Raghuram Rajan will be watched keenly on Tuesday.

Jun 6, 2016

L&T bags Rs. 903-crore contract to build World Cup stadium in Qatar

The company will construct a stadium with 40,000 seat capacity in Qatar, which is scheduled to hold the 2022 FIFA World Cup.

Jun 6, 2016

L&T wins orders worth Rs. 2,161 crore

L&T's transportation infrastructure business won a design and build order worth Rs. 847 crore.

Jun 6, 2016

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Biocon says Trastuzumab and three other drugs to give 'early mover' advantage in $30-billion market

Biotech company Biocon recently announced that clinical trials of its proposed generic version of Trastuzumab injection were successful.

Jun 6, 2016

Gujarat unveils IT policy to assist startups and incubators

The new IT policy aims to produce 2,000 new startups by providing subsidies and assistance for incubators.

Jun 6, 2016

Adani may drop coal mine project in Australia owing to delays, legal issues

Gautam Adani said he was "disappointed" the project did not take off despite six years of environmental assessments and court rounds.

Jun 5, 2016

Sun Pharma divests 2 US-based manufacturing facilities

The company said it would divest two solid-oral-dosage manufacturing facilities located in Aurora and Philadelphia.

Jun 5, 2016

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