Business news

Volkswagen's top US executive steps down amid ongoing probe

In January, VW named Woebcken as head of VW's North American region, effective April 1.

Mar 10, 2016

China's Alibaba says agrees $3 billion five-year loan

Alibaba has been expanding in areas beyond its core e-commerce base, as volume growth in its online shopping business slows.

Mar 10, 2016

Amazon to start air delivery network with leasing deal

The deal comes at a time when the world's biggest online retailer is offering ever-faster, and increasingly free, deliveries for millions.

Mar 10, 2016

dangal, pvr, multiplexes, indian economy, demonetisation, indian films, dangal box office collection

'Kapoor and Sons', 'Batman versus Superman' to drive PVR's growth in lean quarter

"Kapoor and Sons" and "Batman versus Superman" are expected to lift PVR's Q4 revenues, says Edelweiss.

Mar 9, 2016

Syndicate Bank fraud case: CBI files FIR, raids premises of bank officials

The Rs 1000 crore loan fraud took place primarily at the bank's Udaipur and Jaipur branches spanning over a period of five years.

Mar 9, 2016

Canon to acquire Toshiba Medical for over $6 billion

Canon places winning bid to acquire Toshiba Medical for over $6B

Toshiba looks to rebuild its finances after a $1.3-billion accounting scandal that came to light last year.

Mar 9, 2016

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Crompton Greaves share spurts on sale of overseas T&D business

The company said it had decided to sell the business to an American PE fund for â‚¬115 million, or about Rs 844 crore.

Mar 9, 2016

Sensex gains 135 points; Maruti Suzuki shares rise on made-in-India Baleno launch in Japan

Maruti Suzuki announced Wednesday launch of India-made Baleno in Japan and said the car will be exported to about 100 countries.

Mar 9, 2016

Play

UK housing: Why you should bank on builders Barratt, Berkeley and Bellway

Brexit worries and a construction slowdown should not deter you from investing in housebuilders.

Mar 9, 2016

Supreme Court issues notice to Mallya, gives two-weeks to reply

To a question on his whereabouts, the Centre replied the MP has left the Indian shores.

Mar 9, 2016

Hindustan Unilever settles Kodaikanal thermometer plant labour dispute with former employees

The facility was shut down in 2001 after reports emerged that mercury-contaminated glass was sold to scrap dealers a few kilometers away from the factory site.

Mar 9, 2016

Govt may scrap 5-year norm for airlines to fly overseas

However, the government may insist airlines reserve at least 20 aircraft or 20 percent of their fleet for domestic operations.

Mar 9, 2016

Ekta Kapoor increases stake in Balaji Telefilms

Ekta Kapoor is the joint MD and producer of the company's TV serials like "Yeh Hai Mohabbatein", "Naagin" and "Kumkum Bhagya"

Mar 9, 2016

California may allow partially-repaired VW diesels to remain on road

State Senator Jim Beall said allowing partially-repaired cars to continue driving on California roads raised several "moral dilemmas."

Mar 9, 2016

Sharp's banks considering additional aid as part of Foxconn deal: Source

The banks are also considering an additional commitment line for the troubled company, the source said.

Mar 9, 2016

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