Business news

Gold smuggling affecting refiners and banks, official imports hit two-decade low

Indian gold refiners are suspending operations as a surge in smuggled bullion wipes out wafer thin margins.

Aug 24, 2016

Deadpool list details Indian start-up bubble burst in 2016

A Tracxn list names 800 dead or dying Indian start-ups, spanning e-commerce, mobile technology and others sectors.

Aug 24, 2016

gst bill tea prices tata global beverages assam tea cyrus mistry inflation consumption demand india largest exporter consumer

Your daily cup of tea could cost you more, thanks to GST

The Goods and Services Tax (GST) is likely to result in higher tea prices, says Cyrus Mistry, Chairman,Tata Global Beverages.

Aug 24, 2016

ClearTax hopes to cash in on e-filing of income tax returns, aims for 5 million users by 2018

Over a million users availed of the facility to file their income tax returns online and the numbers could go up rapidly, says ClearTax.

Aug 24, 2016

TCS shares fall after it settles Orange County litigation for $26 million

The settlement ended a three-year litigation over the failure of TCS' US affiliate to deliver a software to the county in 2010.

Aug 24, 2016

Oil prices fall as Canada oil sands fields gradually return

Oil prices fall on US crude stocks build; fears over China demand

Robust Chinese crude demand growth has been driven by independent refiners.

Aug 24, 2016

RBL Bank IPO oversubscribed 69 times

Private sector lender RBL Bank IPO closed on Tuesday (August 23); the bank is issuing both fresh shares and via the OFS route.

Aug 23, 2016

Infosys shares snap losing streak; analysts' meet on Wednesday crucial

Shares of Infosys gained on Tuesday after plunging to a new 52-week low on Monday over layoffs and losing RBS project.

Aug 23, 2016

Four companies confounding the Brexit doom-mongers

With all the post-vote pessimism hurting a whole range of companies in the domestically-sensitive Retail, Housebuilding and Leisure sectors, there is still value to be had even after the recent stock market rally back. Here are four companies that I think can rebound further should the UK economy hold up in the months ahead.

Aug 23, 2016