Business news

Oil prices fall as US drillers add new rigs, speculators cut long positions

Traders say the price falls on Monday and Friday were a result of increasing oil drilling activity in the United States.

Sep 12, 2016

Vodafone, BSNL sign countrywide 2G intra-circle roaming pact

The agreement will help Vodafone expand its 2G network further, especially in rural areas and strengthens BSNL's network reach in urban areas.

Sep 11, 2016

Patanjali food park to come up in Nagpur, may create 10,000 jobs

Farmers in the surrounding areas will be given soft loans for producing various agricultural products.

Sep 11, 2016

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Apollo Tyres poised to gain from volume, value play in India, Europe: Deutsche Bank

Onkar S Kanwar-owned Apollo Tyres is set to benefit from sales in high-margin EU and high-growth Indian markets.

Sep 11, 2016

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Mutual fund inflows into equity, ELSS at year-high; SIP monthly contributions at Rs. 3,000 crore

Investments into equity and ELSS schemes rose to Rs. 6,505 crore in August, marking the fifth straight month of growth.

Sep 11, 2016

SpiceJet shares gain 168% in 1 year; analysts upbeat on carrier's growth prospects

Ajay Singh-controlled budget carrier SpiceJet posted more than 100 percent rise in June quarter net profit.

Sep 10, 2016

Leave UK for Germany to weather Brexit impact, KPMG tells Indian companies

Germany has been suggested as a compelling choice for non-EU companies due to the tax benefits it offers.

Sep 10, 2016

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'Baar Baar Dekho' distributor Eros International posts 15% revenue fall in June quarter

Despite many box office hits, Eros, distributor of movies such as "Baar Baar Dekho," is not witnessing revenue growth.

Sep 10, 2016

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L&T Technology Services IPO: Here is what brokerages are saying

The initial public offering of L&T Technology Services, a subsidiary of Larsen & Toubro, opens on Sept. 12 and closes on Sept. 15.

Sep 10, 2016

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Tata Motors global sales rise 16% in August; JLR volumes up 28%

Passenger car sales led by Jaguar Land Rover record robust growth in August but commercial vehicle segment remains flat.

Sep 10, 2016

DHFL approves allotment of Rs. 10,000 crore debentures; Can Fin Homes eyes Rs. 3,000 crore

DHFL raised Rs. 10,000 crore via non-convertible debentures and Can Fin Homes plans Rs. 3,000 crore issue through private placement.

Sep 10, 2016

Sonalika ITL's tractor exports jump 34% in FY17

The company exported 5,043 tractors this year as against 3,768 tractors that were exported over the same period last year.

Sep 9, 2016

BSE IPO: Details you need to know about listing of India's first stock exchange

Shareholders of the BSE will be partially selling their stake via the offer for sale for a sum in the range of Rs. 1,200 to Rs. 1,300 crore.

Sep 9, 2016

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MasterCard sued for $19 billion in Britain's biggest damages claim

The payments company allegedly charged unlawfully high fees to stores when shoppers swiped their debit or credit cards.

Sep 9, 2016

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ICICI Prudential Life fixes issue price band at Rs. 330-334 per share

The insurer's public issue will be the first by an insurance firm in India, where the life insurance segment has 24 players.

Sep 9, 2016

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