Business news

Railway Budget 2016: Passenger fares may be hiked by 10%

The hike in passenger fares may be for selected routes.

Feb 10, 2016

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Cryogenically frozen rabbit brain returned near-perfectly from preservation

Small Mammal Brain Preservation Prize won by researchers at 21st Century Medicine.

Feb 10, 2016

Stocks that defied market sell-off in Indian bourses on Feb 10

Shares of Apollo Tyres, Bank of Maharashtra, Ceat, Reliance Infra and BPCL rose on Wednesday.

Feb 10, 2016

Cipla reports a 4.7% profit increase in Q3 FY15-16 results

Cipla announced its unaudited consolidated financial results for the quarter ended Dec. 31, 2015.

Feb 10, 2016

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Buying into the Millennial Generation: How to invest in Apple, Facebook and Microsoft

The rise of the digital generation means tech and social media sites are set for financial gain in the future.

Feb 10, 2016

Apollo Tyres Q3 net profit up 51% helped by soft rubber prices

Tyre companies in India are benefiting from low rubber prices, however, cheaper Chinese imports are hurting sales.

Feb 10, 2016

Union Budget 2016: Facts to know, highlights of previous Modi govt Budgets

The budget session of Parliament will commence on Feb. 23. The general budget will be presented on Feb. 29.

Feb 10, 2016

Bank stocks lead market fall; Sensex, Nifty close down 1%

Bank stocks, burdened with estimated bad loans at about $100 billion, have seen a lot of selling pressure recently.

Feb 10, 2016

Govt may allow 100% FDI in marketplace model of e-commerce: Report

Currently, 100 percent overseas capital is allowed in business-to-business (B2B) e-commerce ventures.

Feb 10, 2016

Import tariff value hiked on gold, silver

The import tariff value is now $388 per 10 gm on gold and $487 per kg on silver.

Feb 10, 2016

Tata Group eyes Myanmar, Vietnam as future markets

Growing economies, expanding middle class and tax incentives together make a strong case for the group to expand its business in Vietnam and Myanmar.

Feb 10, 2016

'Bajirao Mastani' box office success fails to lift Eros Q3 revenues, net profit; shares plunge 10%

Net profit was down 65 percent, while revenues fell 31 percent.

Feb 10, 2016

SpiceJet plans to gain from e-commerce boom

An Economic Times report said that SpiceJet would purchase 100 mini trucks and open 40 warehouses across the country.

Feb 10, 2016

Jet Airways plans better cost control and fleet usage measures

The airline is set to double its earnings per share to Rs 120 in FY17 from the current Rs 68 in FY16.

Feb 10, 2016

Railways looking to hike passenger, freight fares: Report

A Hindustan Times report said the hike in fares can come directly or indirectly, and will be "announced before or after the budget."

Feb 10, 2016

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