Business news

Tata Steel seeks price cuts from suppliers

Tata has cut thousands of job in Europe ever since it bought Anglo-Dutch producer Corus in 2007.

Nov 9, 2015

Reliance Jio: Mukesh Ambani's day out in India's largest start-up

Mukesh Ambani's twins conceptualised the open office for "Jio" and delivered it in six months.

Nov 8, 2015

Bihar poll outcome to drive markets, increase chances of US rate hike

Some analysts have predicted that a BJP loss will force the markets to correct by 2% to 2.5%.

Nov 8, 2015

Essar Steel resorts to advisers to cut debt, sell stakes

India imposed a 20% import tax on some steel products to mitigate the damage to domestic companies.

Nov 8, 2015

Indraprashtha Gas: Q2 profit drops down 15.06 percent

The company's revenue during the quarter increased by 1.90 percent.

Nov 8, 2015

Increase in Fed rate 'makes sense', says U.S. central banker

The Fed has kept interest rates near zero for almost seven years.

Nov 8, 2015

Low prices put Toshiba in a tough spot over $7 billion US gas commitment

A plunge in Asian gas prices means an expected U.S. export bonanza has fizzled out.

Nov 8, 2015

Sun Pharma's profit drops 30% over compliance costs, lower sales

It reported a July-September net profit of Rs 1,107 crore, down from Rs 1,572 crore a year earlier

Nov 8, 2015

Boeing eyes new partnerships at Dubai Airshow

The plane-maker signed a strategic deal with Tata Sons in India in July 2015.

Nov 8, 2015

Domestic, global commodity prices not in sync: study

There has been a worrying, sustained price increase in various commodities.

Nov 8, 2015

Volkswagen managers afraid to travel to the US after emission scandal

The company is under probe in the United States, and could face penalties of up to $18 billion for the scandal.

Nov 8, 2015

Gold prices plunge to Rs 26,000 levels on robust US jobs data

Overall, gold prices fell by 2.6% this week.

Nov 7, 2015

Diwali offer: Maggi noodles may be sold in select stores from 10 November

The formal announcement of Maggi noodles relaunch is expected to come later.

Nov 7, 2015

Swachh Bharat cess to make food, travel, phone bills costlier from 15 November

The Modi government is expected to generate nearly Rs 400 crore from the cess.

Nov 7, 2015

Arun Jain family to gain most from Polaris sale to Virtusa

Billionaire investor Rakesh Jhunjhunwala to get more than Jain.

Nov 7, 2015

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