Business news

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Kalindee Rail: Net loss widens three-fold in June quarter

Delhi-based Kalindee Rail Nirman saw loss widen and revenues fall in June 2016 quarter.

Sep 1, 2016

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Ashok Leyland shares plunge after second straight month of decline in sales

Commercial vehicle maker Ashok Leyland's volume sales fell 6 percent in August, causing share price to fall on the BSE.

Sep 1, 2016

How to invest in gold

Following the Bank of Englands rate cut on 4 August, 2016 demand for gold soared from people fearing lower returns on cash savings. But how exactly do you invest in the gold market?

Sep 1, 2016

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August two wheeler sales: How Royal Enfield, Honda Scooters, Hero Motocorp, Yamaha performed

Sales of Royal Enfield, Honda Scooters, Yamaha scooters and Hero Motocorp rose in August, according to data.

Sep 1, 2016

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August car sales: Here is how Maruti Suzuki, Toyota Kirloskar, Nissan, Mahindra, Hyundai, Renault, Honda fared

Except for Honda Cars, others including Maruti Suzuki, TKM , Mahindra, Renault, Nissan and Hyundai posted high growth.

Sep 1, 2016

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Sensex, NSE marginally up; auto stocks in focus ahead of August car sales data

The BSE Sensex and the NSE Nifty were trading with small gains on Thursday; auto stocks in limelight tracking August volume sales data.

Sep 1, 2016

Oil prices rebound on weaker dollar despite bigger-than-expected US stock build

A weaker dollar makes greenback-denominated commodities, including oil, cheaper for holders of other currencies.

Sep 1, 2016

JK Cements and Lafarge among 11 cement companies fined Rs. 6,700 crore by CCI for cartelisation

The competition watchdog has also fined the Cement Manufacturers' Association Rs. 73 lakh.

Sep 1, 2016

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Sundaram Mutual Fund launches Sundaram Fixed Term Plan - HT

Sundaram Fixed Term Plan - HT is a closed-ended fund and opens on Wednesday (Aug. 31).

Aug 31, 2016

Kotak shares rise on RBI nod for foreign investor's stake hike

Canada Pension Plan Investment Board will increase its stake in the bank upto 10 percent.

Aug 31, 2016

Zee's TEN Sports sold to Sony Pictures in Rs. 2,600 crore all-cash deal

The sale was approved by Zee's Board of Directors on Wednesday. The TEN Sports channels include TEN 1, TEN 1 HD, TEN 2, TEN 3, TEN Golf HD, TEN Cricket and TEN Sports.

Aug 31, 2016

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RBL Bank gains after listing at 22% premium; Sensex at new 52-week high

Private sector lender RBL Bank's initial public offering saw investors lapping up the offer in large numbers.

Aug 31, 2016

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Gold above two-month lows as dollar slip; U.S. jobs data in focus

Gold edged up from two-month lows hit in the previous session, as the dollar edged lower and investors waited for signs on the timing of a Federal Reserve rate hike.

Aug 31, 2016