Business news

Sensex slumps by 231 points on rekindled US Fed rate hike fears

Auto and IT shares come under selling pressure due to disruption in operations in flood-hit Chennai.

Dec 3, 2015

Gold prices slump to five-year low on looming US Fed rate hike

Silver prices also fell sharply tracking weakness in gold prices.

Dec 3, 2015

Chennai floods: Insurers may end up settling claims worth over Rs 1,000 crore

The state-owned insurer United India Insurance has the highest exposure to Tamilnadu.

Dec 3, 2015

Samsung leading mobile handset market in India: Report

The information is based on a survey done by Android manager app MoboMarket.

Dec 3, 2015

Montblanc re-enters India, to open five stores in partnership with Titan

The joint venture will open five stores in India in three months.

Dec 3, 2015

SHCIL, ArthaYantra to jointly provide wealth management services

The services comprise identifying, prioritising and helping clients achieve their personal financial goals.

Dec 3, 2015

Did Indian men ever appear for interview without trousers?

An Indian airline company asks aspiring male job seekers to come wearing "trousers" for walk-in.

Dec 3, 2015

Flipkart's losses soar by 180% on huge discounts

Similar is the case with other players in the e-commerce space.

Dec 3, 2015

Crude inches up on report of proposed Saudi oil deal

Saudi Arabia wants non-OPEC counties participate in the deal.

Dec 3, 2015

Bond yields slump on RBI's OMO plan to infuse liquidity

At 9:08 a.m., the benchmark 10-year bond yield was down 5 basis points at 7.69%.

Dec 3, 2015

India in talks with Mauritius on tax treaty issues, says finance ministry official

The information was given by Akhilesh Ranjan, joint secretary in the tax department.

Dec 3, 2015

OPEC meeting to put further pressure on crude oil prices: Commerzbank

Overall, oil prices have fallen by over 60% since June 2014.

Dec 2, 2015

Air India raises $300 million loan through ECB

The loan will be utilised for working capital requirements.

Dec 2, 2015

IT company employees using legacy technologies fear for their jobs

Experts say contribution of legacy technologies to IT business to decline in the coming years.

Dec 2, 2015

Sensex, Nifty close day with losses; FIIs turn net sellers for 15 straight days

Godfrey Phillips, Jet Airways, Crompton Greaves and Bajaj Holdings hit new 52-week high.

Dec 2, 2015

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