Business news

India's top 10 most-valued companies

The biggest of India's top 10 companies is IT services exporter TCS with a market cap of Rs 4.72 lakh crore.

Sep 24, 2016

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Goldman Sachs to cut 30% investment banking jobs in Asia: Report

A slowdown in the region has prompted investment bank Goldman Sachs to initiate the move.

Sep 24, 2016

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Motilal Oswal buys 11 lakh shares of L&T Technology Services on listing day

L&T Technology Services, which debuted on Friday, saw Motilal Oswal AMC buying 11 lakh shares at Rs. 920 apiece on NSE.

Sep 24, 2016

Passengers slam IndiGo's 'no under-12 children for premium seating' policy

Children under 12, or unaccompanied minors, can't book seats in rows 1-4 and 11-14, which have been designated as "quiet zones."

Sep 24, 2016

Andhra Bank partners with Cigna TTK, Reliance General Insurance

The partnerships will help the companies in tapping the potential in the market and also in increasing the insurance coverage.

Sep 23, 2016

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Indian Oil Corporation elevates Sanjiv Singh as chairman

Sanjiv Singh is currently director of refineries at Indian Oil Corporation (IOC).

Sep 23, 2016

Hindustan Zinc mulls selling wind energy assets: Report

Hindustan Zinc's wind energy assets with capacity of 273.5 MW are located in five states.

Sep 23, 2016

Axis Bank top Sensex loser over SUUTI stalemate; other bank shares also fall

The Central government, via SUUTI, holds 11.53 percent in Axis Bank, 11.17 pecent in ITC and 8.16 percent in L&T.

Sep 23, 2016

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Gold prices end flat on weak demand, global cues

Gold prices close at Rs 31,520 per 10 gm, while silver ends flat at Rs 46,800 per kg.

Sep 23, 2016

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Bharat Electronics poised to post higher revenues in the next five years: Brokerage

In a note, Prabhudas Lilladher says that defence PSU Bharat Electronics Limited (BEL) has a robust order book.

Sep 23, 2016

Forbes's 100 richest Indians: Mukesh Ambani leads the pack; check top 10 list

Reliance Industries chairman Mukesh Ambani has topped the list with a net worth of $22.7 billion.

Sep 23, 2016

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GNA Axles to list on September 26

Punjab-based firm GNA Axles approached the primary market to raise about Rs 130 crore via initial public offering (IPO).

Sep 23, 2016

BAE Systems, Qinetiq, Thales: Which companies will benefit from increased UK defence spending?

The UK government has pledged to boost defence spending by nearly Â£5bn by 2020/21.

Sep 23, 2016

Jet Airways to enhance connectivity to US; shares rise

Jet Airways will offer seamless connectivity to North America and Europe over Paris from October 30.

Sep 23, 2016

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Tech Mahindra to report higher revenues in next two years: IDFC Securities

In a note, brokerage IDFC Securities says new deals and enterprise business would drive revenue growth for Tech Mahindra.

Sep 23, 2016

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