Business news

Tesco shares: Leave on the shelf or worth a purchase?

Tesco has sold off more assets as the supermarket giant has continued to struggle in recent years.

Jun 15, 2016

LIC to invest in national infrastructure fund

The National Investment and Infrastructure Fund will be owned by the government and other partners in a 49:51 ratio.

Jun 15, 2016

State Bank of India to expand acceptance of American Express cards

The agreement covers both offline as well as online payment modes.

Jun 15, 2016

Ramadan brings more cheer to Pakistan, country's stock market index upgraded by MSCI

Pakistan's benchmark index KSE 100 rose 3 percent on Wednesday to hit a record high after inclusion in the MSCI's emerging market index.

Jun 15, 2016

New civil aviation policy: Shares of SpiceJet, Jet, InterGlobe spurt after Govt relaxes 5/20 rule

The 5 in the 5/20 rule has been done away with, while regional airfares will now be capped at Rs. 2,500 for one-hour flights.

Jun 15, 2016

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ChrysCapital, GIC together to acquire SBI's stake in NSE

The deal is said to be valued at Rs. 900 crore, Mint reported.

Jun 15, 2016

Sensex gains 331 points on new civil aviation policy, bank merger

SBM, SBBJ and SBT shares were trading with huge gains, aviation stock rose on govt clearing new civil aviation policy.

Jun 15, 2016

EU Referendum: How would a Brexit affect UK foreign relations with Europe and beyond?

IBTimes UK asks how an exit from the European Union could affect the UK globally.

Jun 14, 2016

Ericsson planning to cut thousands of jobs: Report

The potential move is said to follow the company's missed expectations in profit and sales recently as markets slowed down in the developed and Latin American regions.

Jun 14, 2016

Alibaba's Jack Ma says fake Chinese goods better than original products

Ma said fighting fake products on internet not easy as they offer better quality at a better price.

Jun 14, 2016

Microsoft to buy LinkedIn for $26.2bn in cash

Microsoft is to buy LinkedIn for 26.2bn in cash, in a deal expected to close by the end of 2016.

Jun 14, 2016

Sensex ends flat after volatile trading; JP Associates top gainer, Bhushan Steel up 11.52%

JP Associates gained 15.57 percent and closed at Rs. 7.94 on the BSE.

Jun 14, 2016

All DCB Bank ATMs to become Aadhaar-enabled in six months

DCB Bank's "cardless and pinless" facility was launched by ex-Infosys executive Nandan Nilekani.

Jun 14, 2016

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Gold bonds consolidate gains after listing at a premium on Monday

The sovereign gold bonds were trading at Rs. 3,173.90 against the issue price of Rs 2,684, representing 1 gm.

Jun 14, 2016

AirAsia chief Tony Fernandes given OCI status; what this means for the Malaysian entrepreneur [VIDEO]

Tony Fernandes, the Air Asia chief, says that 5/20 rule is archaic and Indian civil aviation market needs more competition.

Jun 13, 2016

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Tis Hazari clash footage to be preserved: Delhi court directs police

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