Business news

PVR on an expansion spree, eyes 1,000 screens

The company currently has 477 screens and plans to add 23 this financial year.

Nov 30, 2015

RBI: 5th monetary policy review of fiscal to be declared on 1 December

Analysts say RBI is unlikely to cut rates further, ahead of the US Federal Reserve's policy review due mid-December.

Nov 30, 2015

Roche drops project on antibiotic for treating 'superbugs'

Roche had agreed in 2013 to pay privately held partner Polyphor up to 500 million Swiss Francs for rights to the product.

Nov 30, 2015

SpiceJet in talks with Boeing, Airbus to expand fleet by 150 planes

Currently the carrier has a fleet of 41 planes.

Nov 30, 2015

Amazon showcases unmanned delivery drones [VIDEO]

It shows the prototype of technology it announced two years ago.

Nov 30, 2015

Gold sees further losses, drops towards lowest level in nearly six years

The precious metal has fallen out of favour as investors position themselves for the first U.S. rate hike.

Nov 30, 2015

VW executives 'aware' of faulty fuel efficiency a year ago: report

VW in early November revealed that it had understated the level of carbon dioxide emissions and fuel usage in around 800,000 cars.

Nov 30, 2015

Paradigm shift: U.S. online shopping rivals store trips, says NRF survey

An equal number of U.S. shoppers sought to buy items online as they did in physical stores over the Thanksgiving weekend.

Nov 30, 2015

Iran: 50 oil projects proposed to foreign investors, says media

Some 135 energy companies attended a conference in Tehran to hear the terms of a new energy contract.

Nov 29, 2015

Genuine climate change financing needed, says economic affairs secretary

Das says clean technology is important and not unreasonable standards that create markets for developed countries.

Nov 29, 2015

Hong Kong: Digital toy maker VTech says customer data was stolen

The news site Motherboard reported that data belonging to some 4.8 million parents and more than 200,000 children was taken.

Nov 29, 2015

Facebook grants paid time off for baby leave as global benefit

Currently, fathers and non-primary caregivers outside the United States get four weeks of paid leave.

Nov 29, 2015

66 lakh benefit from Mudra scheme, claims PM Narendra Modi

The Mudra scheme provides loans for setting up businesses.

Nov 29, 2015

Biocon expects revenues to reach $1 billion mark: MD Kiran Mazumdar-Shaw

Bicon's revenues were a little less than $500 million for fiscal 2014-15.

Nov 29, 2015

GST, EU stimulus to power investment flow in equity markets

Nevertheless, over-expectations from the Modi government on GST might just act as dampeners.

Nov 29, 2015

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