Business news

Over 60 smallcap stocks gave 100% returns in 2015

A strong uptrend in smallcap stocks mainly led inflows from retail investors, analysts said.

Dec 16, 2015

Indian market to overtake US by mid-2016 for Google: CEO Sundar Pichai

He said Google will increase its headcount at its Bangalore and Hyderabad offices.

Dec 16, 2015

Zomato starts placing advertisements on porn sites to boost business

The cost of advertising on porn sites is cheaper than on Google AdWords and Facebook Ads.

Dec 16, 2015

Germany: Dominos buys largest chain Joey's Pizza for 45 million Euros

Dominos Britain and Dominos Australia will be acquiring the German chain in a joint venture.

Dec 16, 2015

Excise duty hiked on petrol, diesel to fetch Rs.2,500 crore

Basic excise on unbranded petrol has been increased from Rs.7.06 per litre to Rs.7.36

Dec 16, 2015

Government raises tariff value on gold, cuts on silver

The import tariff value is normally revised on a fortnightly basis.

Dec 16, 2015

MasterCard, Visa want level playing field with RuPay in PM's Jan Dhan Yojana

Both companies see 'invisible mandate' behind choosing RuPay as card issuer for scheme.

Dec 16, 2015

Toshiba Corp to cut 7,000 jobs to restructure company

Major jobs cuts are expected in the lifestyle segment, which is has been hit by losses.

Dec 16, 2015

Mahindra & Mahindra shares plunge after SC bans registration of luxury diesel cars in Delhi

In contrast, the SC ban is unlikely to have a significant impact on Maruti Suzuki sales in the city.

Dec 16, 2015

Chennai Floods: After TCS, Wipro says Q3 revenues will take a hit

The company revised its guidance for the third quarter ending 31 December, 2015.

Dec 16, 2015

China: COFCO in talks to acquire full ownership of Noble's agribusiness

COFCO is in talks to buy the remaining 49% of Singapore-listed Noble's agribusiness for around $700-$750 million.

Dec 16, 2015

Walt Disney, EA shares soar as 'Star Wars: The Force Awakens' receives praise

On Tuesday, shares of Walt Disney rose 3.75 percent

Dec 16, 2015

Reliance Jio likely to launch 4G services in select areas by 28 December

The data download speeds on Reliance Jio 4G network went up as high as 60-70 Mbps.

Dec 15, 2015

Sensex, Nifty up for 2nd straight day; auto, energy stocks lead rally

ONGC, Reliance Industries and Cairn India gained between 2.10 and 2.30% on the NSE.

Dec 15, 2015

Snapdeal will be available in 11 regional languages by Republic Day

The platform allows users to pick the language of their choice for browsing, for payments and for order tracking.

Dec 15, 2015

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