Business news

VW denies report of declining sales after emission scandal

Feedback from representatives of various dealerships paints a different picture, says VW.

Nov 22, 2015

Taj Hotels to end management contract for 2 Gateway Hotel properties

The Indian Hotels Company said it will continue managing the two properties as previously agreed until 9 May 2016.

Nov 22, 2015

Omnicom to acquire Brazil advertising group ABC for $270 million: Sources

Under terms of the deal, its value could reportedly change at the end of that period because of performance.

Nov 22, 2015

GST bill, F&O expiry hold key to Sensex next week

Markets will remain closed on 25 November on account of Guru Nanak Jayanti.

Nov 21, 2015

Accenture aims to increase its global female employee count to 40% by 2017

Currently, it has around 3.6 lakh employees globally.

Nov 21, 2015

India to host 43rd session of International Pepper Community

The event will be held at Mysore (Mysuru) from 22 to 25 November.

Nov 21, 2015

Volkswagen AG cuts $1.1 billion from future investment plan as scandal expands

Emissions issues in larger luxury cars and SUVs extend to an additional 75,000 vehicles dating back to 2009.

Nov 21, 2015

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

Play

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

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