Business news

Indian oil imports from Asia Pacific spike in October as refiners tap new routes

Refiners looked beyond their traditional suppliers for cheaper purchases amid a global supply glut.

Nov 24, 2015

Reliance Jio faces obstacles like low ARPU to gain customers: CLSA

Reliance Jio has delayed the launch of its 4G services to next fiscal from December this year.

Nov 24, 2015

Climate changes affect wheat planting in India; wheat acreage declines

Wheat acreage was down around 26 percent so far this season in the world's No. 2 wheat producer.

Nov 24, 2015

Pfizer-Allergan deal caps healthcare sector mergers and acquisitions

Helped by cheap finance, healthcare has seen an unprecedented wave of M&A activity since the start of 2014.

Nov 24, 2015

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Hillary Clinton and Donald Trump slam Pfizer-Allergan deal

US politicians condemned Pfizerâ€™s deal with Allergan as a tax dodge on Monday

Nov 24, 2015

Virginia state firm signs apple export deal with India

As of September of this year, Virginia has exported $1.2 million in apples to India

Nov 24, 2015

Dell recognises security hole vulnerable to hackers in new laptops

The hole may let hackers read encrypted messages and redirect browser traffic to spoofs of real websites.

Nov 24, 2015

Spicejet shares surge 320% this year on turnaround to profits

In contrast, shares of Jet Airways have gained 24% so far this year.

Nov 24, 2015

Heads of top multinational companies pledge support for UN climate deal

The COP21 conference will see leaders of nearly 200 countries meet to finalise a global agreement on climate.

Nov 24, 2015

Warburg Pincus rounds up $12 billion in latest phase of fundraising

Warburg Pincus Private Equity XII completed fundraising in just six months.

Nov 24, 2015

U.S politicians condemn tax-avoiding Pfizer-Allergan deal

Republican front-runner Donald Trump, who has called for a corporate tax overhaul, called the deal disgusting.

Nov 24, 2015

Bupa to invest Rs 191 crore in Max Bupa to boost stake

The deal is expected to come into force once all regulatory clearances have been sought.

Nov 23, 2015

E-commerce startups to cut more jobs as US Fed rate hike nears

Growing expectations over rate hike next month is making foreign investors seek safe-haven investments.

Nov 23, 2015

Markets end marginally lower ahead of US Fed meeting

The Sensex touched an intra-day high of 25,958.

Nov 23, 2015

Commodity markets clobbered; stocks, bonds in the firing line

Fear of a Fed interest rate hike in almost a decade pushed the dollar to a seven-month high.

Nov 23, 2015

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