Business news

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HSBC wins mandate on $100 billion Saudi Aramco IPO

Europe's biggest bank joins peers including JPMorgan Chase & Co and Morgan Stanley on the deal.

Apr 25, 2017

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TCS, Tata Steel, Tata Motors shed Rs 30,000 crore in market cap since April 6

Of the 17 listed Tata Group entities, TCS, Tata Motors and Tata Steel are the biggest in terms of market capitalisation.

Apr 25, 2017

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Infosys opens delivery centre in Croatia

The Croatian facility is the latest location across 16 regions in Europe that Infosys has opened as part of its commitment to client servicing and local job creation.

Apr 25, 2017

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Amul brand owner Gujarat Cooperative Milk Marketing Federation's sales rise 18% for FY2017

Gujarat Cooperative Milk Marketing Federation (GCMMF) is India's largest dairy cooperative and sells milk and related products under Amul brand.

Apr 25, 2017

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Biocon gains 10%; board to consider bonus issue on Thursday

Directors of Kiran Mazumdar Shaw-led Biocon are meeting on Thursday to consider bonus issue, after a gap of nine years.

Apr 25, 2017

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Reliance lifts Jio investment above $30 billion after record year

Mukesh Ambani-controlled Reliance Industries announced record profit for the 2016-17 financial year, and said the additional investment is required for its fibre network as it expands Jio's 4G reach.

Apr 25, 2017

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Reliance Industries reports upbeat results for March quarter

Mukesh Ambani-controlled Reliance Industries reports 12 percent rise in consolidated net profit and 44 percent growth in revenues for March (Q4) quarter.

Apr 24, 2017

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Emmanuel Macron's lead in French presidential elections triggers Sensex, Nifty rally

The rally on Indian stock markets saw Sensex and Nifty gaining 1 percent on Monday, riding on the positive outcome of French presidential elections

Apr 24, 2017

Reliance Industries trading with gains ahead of Q4 results; Sensex up 260 points

Controlled by Mukesh Ambani, Reliance Industries will be keenly tracked for its gross refining margins and Reliance Jio data.

Apr 24, 2017

Macron thanks opponents who are calling to vote for him in the second run

French presidential candidate Emmanuel Macron thanks his opponents Francois Fillon and Benoit Hamon after they called voters to back him against Marine Le Pen in the elections second round.

Apr 24, 2017

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Gold gains sheen, crosses Rs 30,000 after six weeks

Strong global cues and increased buying by jewellers in India led to gold prices rising in India.

Apr 22, 2017

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French election results, Wipro's Q4 performance key factors for Indian stock markets next week

France goes to polls on Sunday (April 23) to elect a new president, with centrist candidate Emmanuel Macron leading opinion polls; Wipro's Q4 results also hold key.

Apr 22, 2017

Police arrest share speculator for Borussia Dortmund bomb attack

German police have arrested a 28-year-old man suspected of carrying out the triple bomb attack on the Borussia Dortmund football team bus on 11 April. The man, known as Sergei W, was allegedly hoping to profit from falling Borussia Dortmund stock prices after the incident, having bought 15,000 options of Borussia Dortmunds stock.

Apr 21, 2017

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Wipro sacking employees drags Infosys, TCS but Mindtree, Tech Mahindra gain

News of Wipro reportedly laying off "hundreds" of employees weighed in other stocks like TCS and Infosys on the BSE.

Apr 21, 2017

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HDFC Bank Q4 net profit rises 18%, employee strength falls by 6,000; provisioning for bad loans almost doubles

HDFC Bank reports Rs 3,990 crore net profit for Q4, an increase of 18 percent, but employee headcount falls and provisioning for NPAs rises more than 100 percent.

Apr 21, 2017

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Business news

HSBC wins mandate on $100 billion Saudi Aramco IPO

TCS, Tata Steel, Tata Motors shed Rs 30,000 crore in market cap since April 6

Infosys opens delivery centre in Croatia

Amul brand owner Gujarat Cooperative Milk Marketing Federation's sales rise 18% for FY2017

Biocon gains 10%; board to consider bonus issue on Thursday

Reliance lifts Jio investment above $30 billion after record year

Reliance Industries reports upbeat results for March quarter

Emmanuel Macron's lead in French presidential elections triggers Sensex, Nifty rally

Reliance Industries trading with gains ahead of Q4 results; Sensex up 260 points

Macron thanks opponents who are calling to vote for him in the second run

Gold gains sheen, crosses Rs 30,000 after six weeks

French election results, Wipro's Q4 performance key factors for Indian stock markets next week

Police arrest share speculator for Borussia Dortmund bomb attack

Wipro sacking employees drags Infosys, TCS but Mindtree, Tech Mahindra gain

HDFC Bank Q4 net profit rises 18%, employee strength falls by 6,000; provisioning for bad loans almost doubles

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]