Business news

SpiceJet shares skyrocket 20% on sharp rise in Q1 net profit

The airline's net profit doubled to Rs. 142.9 crore for the June quarter on lower fuel and finance costs.

Sep 7, 2016

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Gold prices near 3-year high on heavy buying by jewellers

The buoyancy in sentiments led to the rise in gold prices, aided by lower chances of an interest rate hike by the U.S. Federal Reserve.

Sep 7, 2016

ing bank welab hong kong fintech fund raising investment china series a dollar Simon Loong

ING Bank extends $25 million debt to Hong Kong-based fintech company WeLab

Amsterdam-based ING Bank had participated in a $160 million funding for WeLab in January this year, led by Khazanah Nasional Berhad.

Sep 7, 2016

ICICI Prudential Life IPO: Company gets Sebi approval for public offer

The issue size of the venture, in which ICICI Bank holds about 68% and Prudential Plc's stake is about 26%, is likely to be around Rs. 5,000 crore.

Sep 7, 2016

SBI, Maruti Suzuki, Tata Motors hit new 52-week high as Sensex, Nifty extend rally

The BSE Sensex was trading above 29,000 points led by a rallying in blue-chips such as SBI, Maruti Suzuki and Tata Motors.

Sep 7, 2016

Wipro wins three-year contract from Norway's railway company NSB

The three-year contract entails implementation of Wipro's BoundaryLess Data Center (BLDC) and LiVE Workspace solutions.

Sep 7, 2016

Oil edges up, gains limited amid scepticism over freeze deal

Oil prices hit a one-week high on Monday after Russia and Saudi Arabia agreed to cooperate on stabilising the oil market.

Sep 7, 2016

Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Equitas Small Finance Bank starts operations with 3 branches

Equitas Small Finance Bank is a subsidiary of Equitas Holdings Ltd.

Sep 6, 2016

bse nse rally stocks shares bse nse up weak us data jobs high new 52 week modi govt achche din close

Sensex gains sharply; close to all-time high

The 30-scrip BSE Sensex hit a new 52-week high on Tuesday and was just about 1,000 points away from its all-time high.

Sep 6, 2016

Vistara offers discounted fares at Rs 949

The limited period offer bookings can be made between September 6 and 10.

Sep 6, 2016

Is the Saudi-Russian oil agreement another false dawn?

The two countries account for over 25% of the worlds crude oil production.

Sep 6, 2016

WorkApps releases industry product for advertising, media sectors

It aims to fulfill needs of the creative and media teams with the arsenal of data and technology solutions.

Sep 6, 2016

HSBC to use selfie verification to open bank accounts quickly

The new rule is intended at simplifying the process of opening a new account using a mobile phone.

Sep 6, 2016

Asian shares advance, Australia slips as RBA rate decision awaited

European stocks touched an eight-month high on Monday, then reversed as trading wound down in the absence of US markets.

Sep 6, 2016

Reliance Jio 4G: Is it possible to tweak your 3G phones to use Jio SIM for LTE services

Reliance Jio may extend free offers beyond January 2017, suggest analysts

A price war is brewing among telecom operators after Reliance announced its Jio 4G offers.

Sep 6, 2016

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