Business news

RBI policy meet on Aug. 9 to guide stock markets next week

Indian stock markets would be driven largely by the RBI's stance on rate cut at the policy meet scheduled to be held on Aug. 9.

Aug 6, 2016

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PVR, Inox Leisure shares flare up on hopes of GST to be lower than entertainment tax

A GST rate of about 18 percent is expected to improve profit margins of PVR, Inox Leisure, say analysts.

Aug 6, 2016

Reliance Jio sets up 5 lakh 4G outlets; rivals Airtel, Vodafone, Idea woo customers with new offers

Telecom companies Airtel, Vodafone and Idea Cellular feel the heat as Reliance gears up for 4G launch.

Aug 6, 2016

Vedanta Resources aims to close merger with Cairn India in early 2017

Mining and energy group Vedanta Resources seeks to boost its financial strength through its merger with Cairn India.

Aug 6, 2016

What India's formal adoption of inflation target means?

The RBI-monitored inflation targeting aims to keep retail price index at check below 4 percent till 2021.

Aug 5, 2016

Lockheed Martin will shift F-16 fighter jet manufacturing unit to India if it gets assured orders

The challenge before Lockheed is to use its competitive production advantage into winning this deal, says an aerospace expert.

Aug 5, 2016

Asia stocks gain, pound weakens on Bank of England easing, US jobs data awaited

Japan's Nikkei advanced 0.3 percent, on track for a loss of 1.6 percent for the week.

Aug 5, 2016

After Air Pegasus, Air Costa halts operations over payment issues

The airline is sorting out payment issues with its lessor, GE Capital Aviation Services, an Air Costa official said on Thursday.

Aug 5, 2016

StanChart sees further cuts to bad loan provisions in China, India

A sharp spike in non-performing loans in China and India had weighed on the Asia-focused bank's balance sheet in recent years.

Aug 4, 2016

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RBI's new alert website to save people from investing in ponzi schemes

The initiative is expected to streamline the search for genuine operators, while keeping away fraudsters.

Aug 4, 2016

Sahara's cash deposit with SEBI now stands at Rs. 10,000 crore

Payment of bail bond amount was not a guarantee for Roy's freedom as the company's principal liability is Rs. 24,000 crore, the SC asserted.

Aug 4, 2016

GST Bill fails to trigger bull run on BSE

The GST Bill's smooth sailing in the Rajya Sabha on Wednesday fails to impact stock markets on Thursday.

Aug 4, 2016

Oil prices bounce after US gasoline inventory draw

The jumps on Wednesday and Thursday marked at least a temporary end to a sharp downward trend since June.

Aug 4, 2016

Emirates Boeing 777 crash-landing: What we know so far about the Thiruvananthapuram-Dubai flight

Here is everything you need to know about the crash landing of flight EK521.

Aug 3, 2016

An employee of Infosys stands at the front desk of its headquarters in Bengaluru

Infosys invests $4 million in Israeli cloud management start-up

Infosys is focusing on its platform business and has developed a cloud ecosystem hub similar to what Cloudyn offers.

Aug 3, 2016

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Defence secy tests positive for coronavirus

India's defence secretary tests positive for coronavirus; 30-35 officials home quarantined

4 hours ago