Business news

Saint Gobain to expand Chennai facility with Rs 1,000 crore investment

After the expansion, the company's production capacity of glass will increase from 1,500 tonnes per day to 2,500 tonnes per day.

Jan 14, 2016

Paytm set to launch travel services, compete with MakeMyTrip, Yatra

The services will not be launched as a separate business like Alitrip.

Jan 14, 2016

Infosys shares flare up on Q3 results, promoters richer by Rs 2,102 crore

The promoters held about 30 crore shares at the end of the second quarter this fiscal.

Jan 14, 2016

Snapdeal in talks to buy Housing.com for $700 million: Report

Japan's SoftBank and Nexus Venture Partners are expected to fund the deal.

Jan 14, 2016

Infy bucks weak IT numbers, raises FY'16 revenue guidance

Investors cheered Infy's numbers as shares traded over 4% higher on BSE on Thursday despite a sharp fall in the benchmark indices.

Jan 14, 2016

EU opens debate on China trade status; US neutral

Market Economy status would make it harder for Europe to impose anti-dumping duties on Chinese goods sold at knock-down prices.

Jan 14, 2016

China's Baidu eyes India's fast-growing e-commerce market: Report

The Indian e-commerce market is estimated to grow 67% to $38 billion (Rs 2.51 lakh crore) in 2016, according to Assocham.

Jan 13, 2016

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Disney is our share tip of the week - five reasons to invest

The success of Star Wars: The Force Awakens, Marvel and Pixar means the future looks bright for Disney.

Jan 13, 2016

Infosys shares rally ahead of Q3 results, Reliance up 3%; TCS hits new 52-week low

Indian stock markets gained after better-than-expected Chinese trade data for December buoyed Asian markets.

Jan 13, 2016

Orange will buy Airtel's subsidiaries in Sierra Leone, Burkina Faso

Orange's outlay for these transactions will be based on the financials of Airtel's 2 subsidiaries for the year ended 31 March, 2016.

Jan 13, 2016

Abraaj Group will acquire majority stake in CARE hospitals

Abraaj and CARE's management will focus on expanding CARE's healthcare delivery system in India.

Jan 13, 2016

Infosys Q3 earnings in focus after disappointing TCS results

The top five Indian IT companies are expected to post single digit growth rates for the current fiscal year.

Jan 13, 2016

Amazon, Future Group partnership in trouble over discounts: Report

Amazon wants to end the partnership with Future Group.

Jan 13, 2016

Reliance Jio may help RCom to pay spectrum fee of Rs 5,384 crore: Report

Anil Ambani-led Reliance Communications plans to partner with Mukesh Ambani's Reliance Jio to offer 4G services.

Jan 13, 2016

Crude oil rises for first time in eight days after US stocks fall

US crude stocks fell by 3.9 million barrels in the week to 480.071 million.

Jan 13, 2016

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