Business news

Sensex ends lower but marks biggest weekly gain in over two months

The broader NSE Nifty ended 1.05% lower after rising for four consecutive sessions.

Dec 18, 2015

India to drive coal demand by 2020: International Energy Agency

"The golden age of coal in China seems to be over," the IEA said on Friday

Dec 18, 2015

Godrej, Flipkart, HDFC Bank, Bharti Airtel, Hindustan Unilever, Philips Electronics, HT, Bloomberg TV pulled up for misleading ads

The Advertising Standard Council of India upheld complaints against 54 out of 84 advertisements in September.

Dec 18, 2015

NIIT opens a new facility in Norway, its third in Europe

The company says the Bergen centre will strengthen its capabilities and drive its business in Europe.

Dec 18, 2015

India's top IT firms' FY16 growth may dip to 2008 Lehman Brothers crisis levels

India's top five software firms may miss the Nasscom's FY 16 growth forecast for the first time in years.

Dec 18, 2015

Make in India: Sony to manufacture Bravia TV sets in India to drive sales

The TV sets will be manufactured at Taiwanese contract manufacturer major Foxconn's plant near Chennai.

Dec 18, 2015

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FTSE 100: Property and technology shares set to rise in 2016

Edmund Shing believes both technology and property stocks will continue to rise in 2016.

Dec 18, 2015

Micromax YU to lock horns with Paytm, FreeCharge; plans roll-out of Mobile Wallet

Micromax's YU Televentures Ltd will soon foray in to Mobile Wallet business, to compete with Paytm, FreeCharge in India.

Dec 18, 2015

Indian tech firm iYogi sued in US for 'unfair and deceptive' business practices

"Hundreds, perhaps thousands, of Washingtonians scammed up to $540 each," Washington State AG said.

Dec 18, 2015

Reliance Jio 4G may pose more risks to Vodafone than Bharti Airtel: CLSA

Vodafone holds limited 4G spectrum, which makes it more vulnerable to Reliance Jio 4G launch, CLSA said.

Dec 18, 2015

Lockheed to provide Indian Army with night vision sensor systems

India will be the 15th nation to acquire Lockheed's modernised target acquisition night vision sensor system.

Dec 18, 2015

Air Costa gets license for pan-India flights

Air Costa currently holds a market share of 1% in domestic traffic.

Dec 18, 2015

Doubling of H-1B visa fee by US to cost Indian IT companies $400 million

Prime Minister Narendra Modi has already spoken about the issue with US President Barack Obama.

Dec 18, 2015

Gold retains loss since US rates hiked by Federal Reserve

The metal suffered the biggest slide in five months after the hike in US rates by the Federal Reserve.

Dec 18, 2015

Japan's TDK corp to acquire Swiss Micronas Semiconductor in $215 million deal

TDK said it would offer 7.5 francs for each of the Swiss company's shares.

Dec 18, 2015

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