Business news

Sensex posts biggest weekly gains since October 2015

The rebound in the benchmark indices was mainly led by strong gains in stock prices of metals, PSU banks, realty and auto.

Feb 20, 2016

Govt may raise dearness allowance to 125% for employees

The hike in DA will be effective from Jan. 1, 2016.

Feb 20, 2016

NTPC's production cost may go up 10% on new emission standards

The rise in production cost could increase the customers' power bill by 50-60 paise per unit.

Feb 20, 2016

Yahoo, under fire by investors, takes steps for possible sale

Yahoo advisers started working on the sale process on Friday, people familiar with the matter said.

Feb 20, 2016

Gold gains on fresh demand; ETFs rise despite stock market rally

The yellow metal managed to stay above $1,200 an ounce on Friday despite shedding previous day's gains.

Feb 19, 2016

Patanjali is India's top brand for third straight week, pipping Cadbury and Colgate

The company, endorsed by Indian yoga guru Ramdev, makes consumer products.

Feb 19, 2016

Budget 2016: Twitterati vote for farmers, Make in India in finance ministry's Twitter poll

In a first-of-its-kind poll, the finance ministry has called for suggestions on what the Budget should focus on.

Feb 19, 2016

Ministers meet to discuss new civil aviation policy; 5/20 rule may be scrapped

The new civil aviation policy is expected to be finalised soon.

Feb 19, 2016

Infosys appoints Michael Pesch as CEO of its consulting business

The Bengaluru-based IT major had recently named Scott Sorokin as its digital head.

Feb 19, 2016

Budget 2016 will be 'run of the mill', says analyst

Higher expenditure due to implementation of salary and pension schemes leave little scope for capex, says Nomura.

Feb 19, 2016

SpiceJet shares soar after airline records highest load factor in January

Stock price of Interglobe Aviation was down 0.3 percent to trade at Rs 846.

Feb 19, 2016

Rihanna-designed sneakers help Puma bolster Q4 sales

Puma's fourth quarter 2015 sales rose to $979 million, up 11.5 percent, months after the singer joined the company as women's creative director.

Feb 19, 2016

Eithad finalises deal to raise stake in Jet Airways to 49%: Report

A Financial Express report said that both the parties have reached an agreement regarding the deal, after finalising talks over its valuation.

Feb 19, 2016

Vodafone to invest Rs 6,000 crore in Maharashtra for expansion and modernisation

The company reportedly plans to increase its staff strength to 15,000 employees in the next few years.

Feb 19, 2016

South Korean prosecutors raid Volkswagen's local office: Yonhap

The country's environment ministry last month filed a criminal complaint against Johannes Thammer, the head of Volkswagen AG.

Feb 19, 2016

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