Business news

India car sales hit roadbump in January: SIAM

January marked the first time in 14 months that car sales declined in India -- one of the world's fastest-growing automobile markets.

Feb 12, 2016

Carlsberg says it is now profitable, and India's second-largest beer company

The company focused on strong beer brands for the Indian market which accounted for 80 percent of the total sales volume.

Feb 12, 2016

Apple plans to set up its first India development centre in Hyderabad: Report

A Business Standard report said the company will take up 250,000 square feet of office space in the Waverock IT towers in Gachibowli.

Feb 12, 2016

Adani Power plans to invest Rs 18,000 crore in Karnataka

The company would set up a 1,600 MW thermal power plant and another 1,000 MW solar power project in the state.

Feb 12, 2016

Wipro buys HealthPlan Services in all-cash deal worth $460 million

This is Wipro's third buyout in less than three months and the deal will be completed in the next 60-90 days.

Feb 12, 2016

AirAsia India chief may quit soon: Reports

Amar Abrol, chief of AirAsia Bhd's insurance arm Tune Money, is likely to replace Mittu Chandilya.

Feb 12, 2016

JPMorgan's Dimon buys more than $25 million of company stock

JPMorgan shares closed at $53.07 on Thursday.

Feb 12, 2016

Coco-Cola to launch juice with fizz drink

Coca-Cola to bring fizz drink with fresh juice next week

The new product would contain about 10.4 percent juice concentrate that would be purchased from local farmers.

Feb 11, 2016

Play

Apple is our share tip of the week â€“ five reasons to invest

Edmund Shing explains why you should invest in technology giant Apple.

Feb 11, 2016

Gold prices rally in sharp contrast to stock market rout, cross Rs 29,000 per 10 gm

The metal has appreciated sharply from its Jan.1 price of Rs 25,510 per 10 gm.

Feb 11, 2016

Onion prices likely to fall further from current two-year lows

Markets across the country are witnessing a rise in supply of onions.

Feb 11, 2016

Sensex registers its third biggest fall since PM Modi came to power; Nifty closes below 7,000

State Bank of India, the country's biggest lender, reported 62% fall in net profit for the December quarter.

Feb 11, 2016

Vote on Twitter to decide focus of Union Budget 2016: Finance Ministry

The ministry has opened Twitter voting on which sectors and schemes should be the focus of the budget.

Feb 11, 2016

Soaring bad loans dent SBI's Q3 profit

The largest Indian bank reported a 62 percent fall in its net profit at Rs 1,115 crore on higher provisioning for bad loans.

Feb 11, 2016

Coca-Cola suspends operations at 3 plants in India: Report

A PTI report said the move could affect at least 300 employees.

Feb 11, 2016

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