Business news

US may ask Hyundai to recall Sonata cars with faulty seat belts

If the preliminary US investigation suggests any concern, Hyundai could be asked to recall about 313,000 Sonata midsize sedans.

Jan 4, 2017

hudco, ipo, hudco ipo, home loans, real estate, home loan interest rates, india

Hudco seeks Sebi approval for IPO

The government, which currently holds 100 per cent stake in Hudco, will sell 10 per cent during the IPO.

Jan 4, 2017

Make in USA or pay more: Donald Trump's ultimatum forces Ford to scrap Mexico plant; GM faces heat

The announcement came following United States President-elect Donald Trump's criticism of GM over its car production facility in Mexico.

Jan 4, 2017

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

Dangal drives PVR Q3 earnings; SRK's Raees, Hrithik's Kaabil to boost Q4 revenues

People thronged PVR to watch Aamir Khan's Dangal despite demonetisation; SRK's Raees and Hrithik's Kaabil expected to drive growth in January.

Jan 4, 2017

3 companies opt out of Navi Mumbai airport project

The firms have cited many unresolved issues for withdrawing from the project.

Jan 4, 2017

India housing finance, HDFC, LIC Housing

India property market: Cloud of uncertainty grips housing lenders as mortgage rates head south

Morgan Stanley believes that banks will aggressively pursue loan takeovers and in that case, housing finance firms will have no place to hide.

Jan 4, 2017

Paytm, digital wallet, payments bank, online payments, digital payments, wallet service

5 things to know about Paytm's payments bank

The RBI on Tuesday gave approval to Paytm to launch its payments bank.

Jan 4, 2017

IT Outlook 2017: Amid global headwinds, the new year may bring new lows for IT biggies

As projects get delayed, profit margins shrink and hiring hits a low, analysts expect IT growth to contract by almost 3 percent in 2017.

Jan 4, 2017

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Sensex, Nifty close with modest gains; BSE gets approval for IPO

Benchmark indices Sensex and Nifty reversing Monday's losses; Power Grid, Axis Bank, Coal India lead rally.

Jan 3, 2017

Sandhar Technologies ties up with Malaysia's MCE Holdings to sell auto ancillary products

MCE Holdings, in partnership with Gurugram-based Sandhar Technologies, will supply its existing range of products for automobile manufacturers in India.

Jan 3, 2017

Twitter Greater China head Kathy Chen steps down

Chen's resignation follows a series of exits ever since the social media company announced layoffs in October.

Jan 3, 2017

Singapore GDP growth of 9.1% in Q4 brings little cheer for 2017; was it a case of too-good-to-be-true?

The city-state's growth outlook for 2017 remains cloudy and analysts forecast GDP growth to come in around 1 to 2 percent amid domestic and global headwinds.

Jan 3, 2017

Drastic lending rate cuts to squeeze banks' net interest margins, say brokerages

Analysts expressed surprise at the quantum of MCLR cuts by banks and said the implication is likely to be negative for both banks as well as NBFCs.

Jan 3, 2017

Oil prices rise as hopes soar over OPEC-non-OPEC deal to slash production

The deal, which was agreed on in November to reduce output by almost 1.8 million barrels daily, officially came into force on Jan 1

Jan 3, 2017

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Budget Session of Parliament to begin from January 31

The Economic Survey to be presented on the same day followed by the General Budget on February 1.

Jan 3, 2017

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Business news

US may ask Hyundai to recall Sonata cars with faulty seat belts

Hudco seeks Sebi approval for IPO

Make in USA or pay more: Donald Trump's ultimatum forces Ford to scrap Mexico plant; GM faces heat

Dangal drives PVR Q3 earnings; SRK's Raees, Hrithik's Kaabil to boost Q4 revenues

3 companies opt out of Navi Mumbai airport project

India property market: Cloud of uncertainty grips housing lenders as mortgage rates head south

5 things to know about Paytm's payments bank

IT Outlook 2017: Amid global headwinds, the new year may bring new lows for IT biggies

Sensex, Nifty close with modest gains; BSE gets approval for IPO

Sandhar Technologies ties up with Malaysia's MCE Holdings to sell auto ancillary products

Twitter Greater China head Kathy Chen steps down

Singapore GDP growth of 9.1% in Q4 brings little cheer for 2017; was it a case of too-good-to-be-true?

Drastic lending rate cuts to squeeze banks' net interest margins, say brokerages

Oil prices rise as hopes soar over OPEC-non-OPEC deal to slash production

Budget Session of Parliament to begin from January 31

"All is well": Salman Khan hugs Vicky Kaushal; latter reacts to Bhaijaan's bodyguards pushing him [watch]

Opposition's boycott campaign fails to get response from J&K [details]

Ahead of opening tomorrow, security beefed up near new Parliament House