Business news

Pfizer, Allergan CEOs agree on roles in merged company

Pfizer CEO Ian Read will be CEO of the combined company.

Nov 21, 2015

NLC diversifies into coal mining; plans to generate 19,000 MW by 2025

Coal and Power Minister Piyush Goyal assured that NLC is keen to set up solar power plants.

Nov 21, 2015

Enforcement Directorate serves notice to NDTV about FEMA 'violations'

NDTV said it had been advised that the allegations of the contraventions of provisions in the show-cause notice were not legally tenable.

Nov 21, 2015

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Robert Powell: Banks need to prepare for European regulation as MiFID II is almost here

MiFID is following the Financial Services Bill by the Bank of England

Nov 20, 2015

Nepal tightens controls on Indian rupee exchange as black market expands

The move is aimed to check the misuse of Indian currency as many traders were hoarding it.

Nov 20, 2015

Reliance Defence receives conditional approval for 12 projects

The projects span areas like aircraft, choppers, missiles, night vision equipment.

Nov 20, 2015

World shares advance even as commodity prices plunge

Copper hovered at its lowest level since 2009 and nickel since 2003.

Nov 20, 2015

State finance ministers seek simplicity in GST at meeting

The GST, when implemented, would unify Asia's third-largest economy into a single market,

Nov 20, 2015

Mobile data prices to fall by at least 15-20% after Reliance Jio launch: Fitch

Fitch expects existing operators to roll out discounts and promotions.

Nov 20, 2015

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Paris attacks: How amateur footage captured the atrocities in the absence of news teams

The amateur footage used to cover the Paris attacks has come at a price.

Nov 20, 2015

Sensex ends marginally higher on seventh pay panel proposals

At one point, the Sensex rose nearly 200 points, but fell later as investors resorted to profit booking.

Nov 20, 2015

Pay hikes a risk factor for India's fiscal consolidation, warns Fitch Ratings

The pay hike could challenge the government's goal of achieving a fiscal deficit of 3.5% by March 2017.

Nov 20, 2015

Drop in public, private investments holding economy back: Raghuram Rajan

The RBI has cut its growth forecast for the current fiscal year to 7.4% from 7.6% previously.

Nov 20, 2015

Google acquires Diane Greene's Bebop, makes her head of cloud business

Diane Greene is the founder and former CEO of VMWare and also on Google's Board of Directors.

Nov 20, 2015

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Genetically modified salmon approved for human consumption by FDA

A battle over whether the US government should require special labels for genetically modified foods is set to heat up after a type of salmon on Thursday (19 November) became the first biotech animal approved for human consumption.

Nov 20, 2015

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