Business news

Economy and markets: All you need to know to start your day on March 8

SGX Nifty signals a positive start for the domestic markets after the benchmark Sensex declined 284 points or 0.85 percent to close at 33,033 on Wednesday.

Mar 8, 2018

Mumbai, Delhi, Hyderabad airports named the world's best in customer service quality in 2017

Beijing Capital International Airport and Shanghai Pudong International Airport shared the second spot, after Mumbai and New Delhi in the 40 million passengers per year category.

Mar 7, 2018

Nirav Modi dropped from Forbes billionaires list as PNB scam continues to haunt the jewelry designer

Indian business tycoon Nirav Modi has dropped out of the 2018 Forbes' Top Billionaire list this year after his involvement in the Punjab National Bank (PNB) scam.

Mar 7, 2018

Initial Coin Offering: Indian startups' new fundraising avenue

An ICO is an unregulated means of fund raising by which startups bypass the rigorous and regulated capital-raising process required by venture capitalists or banks.

Mar 7, 2018

Amazon CEO Jeff Bezos, amazon share price, amazon acquires souq

Meet world's top billionaires by Forbes: Amazon's Jeff Bezos bumps Bill Gates to top the list

Jeff Bezos took the top spot on Forbes' world's billionaires list, Bill Gates drops to second and trailed by American investor Warren Buffet followed by Frenchman Bernard Arnault.

Mar 7, 2018

Here is why Ray Dalio, the world's biggest hedge fund manager, is bullish on India

Ray Dalio, the founder of the world's largest hedge fund at Bridgewater Associates, is more optimistic about India than any other country.

Mar 7, 2018

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Buy, Sell, Hold: What stocks are analysts tracking on March 7

Analysts recommend buying stocks such as Titan, Bajaj Finance, Zee Entertainment, among others.

Mar 7, 2018

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Stocks to watch on March 7: Ultratech Cement, Axis Bank, Tata Motors

Stocks such as Ultratech Cement, Axis Bank, Tata Motors are likely to move in trades on Wednesday.

Mar 7, 2018

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Economy and markets: All you need to know to start your day on March 7

SGX Nifty signals a weak start for the domestic markets after the benchmark Sensex declined 429 points or 1.27 percent to close at 33,317 on Tuesday.

Mar 7, 2018

India shipping liquefied natural gas from US: Facts to know

GAIL flags off its first US-sourced LNG shipment. The LNG carrier is scheduled to discharge the cargo at GAIL's Dabhol terminal in Maharashtra at the end of March.

Mar 6, 2018

Banks may soon take passport details for granting loans above Rs 50 crore

By seeking certified copies of the passport before granting loans, the banks may be able to prevent defaulters and fraudsters from leaving the country.

Mar 6, 2018

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Trump's new tariffs a worry for Indian miners, but financial contagion seen limited

It would be risky to assume that Indian miners will go unscathed following new U.S. tariffs on steel and aluminium.

Mar 6, 2018

Bitcoin is more likely to drop to $100 than to hit $100,000 over the next 10 years

Bitcoin could fall to $100 rather than rising to $100,000 in a decade, economist warns

Increasing government regulations can eventually bring bitcoin prices down to $100 within next 10 years, a Harvard economist has warned.

Mar 6, 2018

PNB fraud: ICICI's Chanda Kochhar, Axis Bank's Shikha Sharma summoned for questioning in Gitanjali Group case

ICICI's Chanda Kochhar, Axis Bank's Shikha Sharma will be questioned in regards to the Rs 5,000 crore loan extended to Mehul Choksi's Gitanjali Gems

Mar 6, 2018

Cryptocurrency exchange Coinbase accused of cheating consumers: Report

The news comes as digital currency operators around the world are beefing up their security to legitimize themselves as government authorities impose stricter rules.

Mar 6, 2018

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