Business news

Air India to lease out more space to generate revenue

The state-run airline hopes to receive Rs 5 crore annually by renting out 17,000 sq ft of commercial space at its Mumbai headquarters.

Jan 25, 2016

Budget 2016: More sops for start-ups likely

The government may ease norms regarding investments in listed and unlisted start-ups.

Jan 25, 2016

Baba Ramdev's Patanjali Group compels FMCG firms Hindustan Unilever and Dabur to expand portfolio

Patanjali Group's toothpastes, noodles, rice, chyawanprash, personal care and Ayurveda products are challenging HUL and Dabur.

Jan 25, 2016

Force Motors shares surge as Q3 profit soars 200%

The company shares have rallied by over 130% in the past one year.

Jan 25, 2016

An employee stands at the counter of Micromax mobile phones at a showroom in New Delhi

Micromax hires former executives to boost sales

Micromax's former chief marketing officer Shubhodip Pal is set to rejoin the company next month, sources said.

Jan 25, 2016

Crude extends gains after surge on short-covering, cold spell

Oil prices soared 10% on Friday, one of the biggest daily rallies ever.

Jan 25, 2016

Gold Scheme launched by Modi sbg gold bond scheme modi rbi collection price tranche fifth fourth third second government physical gold

Gold Monetisation Scheme: Govt mobilises 900 kg, liberalises norms

To make the GMS more attractive to depositors, the Central government on Sunday modified the guidelines on premature redemption.

Jan 25, 2016

Tata Group market cap dips by Rs 50,450 crore due to market mayhem

The comparison is based on 17 of the 24 listed companies of the Group for which figures are available.

Jan 23, 2016

Earnings, US Fed meeting, F&O expiry to dictate markets' next move

Markets will also remain cautious going in the F&O expiry week with the US Fed scheduled to meet on 26 January.

Jan 23, 2016

BSE mulling IPO plans, again

The BSE has been making efforts since 2012 to get listed and recently invited investment banks to restart discussions on the IPO.

Jan 23, 2016

IT companies face 'big threat' from automation: Infosys CEO Vishal Sikka

However, Sikka added that the impact of automation on hiring may not be in absolute numbers.

Jan 23, 2016

JSW in talks to buy Lafarge's India business, confirms Sajjan Jindal

The deal could be crucial in enhancing JSW's cement production capacity.

Jan 23, 2016

Amazon, Walmart to infuse over Rs 2,000 crore in Indian operations

Amazon's investment will be its biggest so far in India.

Jan 23, 2016

Cairn India's Q3 profit tanks 99% on cheaper oil prices

Despite renegotiation with vendors and efforts to cut costs, Cairn's realisations at its Rajasthan fields fell sharply to $34.5 a barrel.

Jan 23, 2016

Hindi social networking site ShabdaNagari raises $200,000 in funding

ShabdaNagari will remain a non-subscription portal, according to its website, which claims to have 12,000 users.

Jan 23, 2016

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