Business news

VW would sell assets to repay loan if no other way available: Sources

Volkswagen is under pressure to strengthen its finances for the fines its has to pay in the emissions scandal.

Dec 4, 2015

IMF supports ECB's new stimulus programme

The ECB on Thursday decided to lower the interest rate on deposit facility by 10 basis points to minus 0.3%.

Dec 4, 2015

Sensex declines 217 points in early trade

The wider 50-scrip Nifty of the NSE was also down 0.74%.

Dec 4, 2015

StanChart warns errant Indian defaulters of tough action: Report

The bank's loan impairment in India in H1 this year rose to $483 million, up from $56 million, y-o-y.

Dec 4, 2015

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ECB president Mario Draghi extends QE programme until March 2017

The European Central Bank has decided against an increase in the pace of the asset purchase programme, Mario Draghi announced at a press conference on 3 December.

Dec 3, 2015

#ChennaiFloods: Royal Enfield production disrupted, waiting period likely to increase

Thiruvottiyur and Oragadam plants have been shut from 1 December.

Dec 3, 2015

Sensex slumps by 231 points on rekindled US Fed rate hike fears

Auto and IT shares come under selling pressure due to disruption in operations in flood-hit Chennai.

Dec 3, 2015

Gold prices slump to five-year low on looming US Fed rate hike

Silver prices also fell sharply tracking weakness in gold prices.

Dec 3, 2015

Chennai floods: Insurers may end up settling claims worth over Rs 1,000 crore

The state-owned insurer United India Insurance has the highest exposure to Tamilnadu.

Dec 3, 2015

Samsung leading mobile handset market in India: Report

The information is based on a survey done by Android manager app MoboMarket.

Dec 3, 2015

Montblanc re-enters India, to open five stores in partnership with Titan

The joint venture will open five stores in India in three months.

Dec 3, 2015

SHCIL, ArthaYantra to jointly provide wealth management services

The services comprise identifying, prioritising and helping clients achieve their personal financial goals.

Dec 3, 2015

Did Indian men ever appear for interview without trousers?

An Indian airline company asks aspiring male job seekers to come wearing "trousers" for walk-in.

Dec 3, 2015

Flipkart's losses soar by 180% on huge discounts

Similar is the case with other players in the e-commerce space.

Dec 3, 2015

Crude inches up on report of proposed Saudi oil deal

Saudi Arabia wants non-OPEC counties participate in the deal.

Dec 3, 2015

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