Business news

Jewellers to go on strike over PAN norms on cash purchases

Jewellery makers and traders claim loss of business as a majority of population don't have PAN cards.

Feb 8, 2016

GoAir mulling $175 million IPO amid uncertainty over Airbus aircraft delivery

Airbus recently indicated that on account of some "industrial reasons" there could be a delay in the delivery of the aircraft.

Feb 8, 2016

Hidesign refocusing on overseas markets

Dilip Kapur, president of the lifestyle brand, spoke to IBTimes about the company's journey so far and its plans for the future, which include striking local partnerships while realigning its focus on the international market.

Feb 8, 2016

Iran asks Indian refiners to pay $6 billion dues in euros: Report

A PTI report said Iran will open or reactivate its accounts with Indian banks for the purpose.

Feb 8, 2016

Infosys using new system iCount to assess employee performance

Infosys employees will get feedback on their performance throughout the year under the new tool.

Feb 8, 2016

Paytm lets you buy milk and vegetables using your debit/credit cards

Paytm plans to hire 3,000 people for its payments bank business

The company has a starting budget of Rs 400 crore.

Feb 8, 2016

US FDA suggests ban on blood samples collection from Zika affected areas

Top private equity firms in line to buy out stakes in Bharat Biotech: Report

The company, which announced a breakthrough in developing Zika vaccine, is likely to be valued at Rs 4,070 crore.

Feb 8, 2016

Private telcos may get revenue boost of Rs 1.5 lakh crore from BharatNet by 2020

However, the operators are wary of major challenges over the right of way (RoW) to instal cables.

Feb 8, 2016

Cognizant plans to set up SEZ in Telangana

The proposed IT/ITeS special economic zone, which will be spread over 2.51 hectares, will come up in Ranga Reddy district of Telangana.

Feb 8, 2016

Volkswagen to offer generous compensation to US customers: Fund head

Volkswagen has still not decided whether vehicle owners will be offered cash, car buy-backs, repairs or replacement cars.

Feb 8, 2016

Investors cheer Argentina's swift offer to holdouts

Argentina on Friday proposed a $6.5 billion payment to settle a legal battle.

Feb 7, 2016

Jet Airways Q3 net profit soars on lower fuel costs, higher passenger traffic

The company's net profit was Rs 467.11 crore, as against Rs 63.11 crore in the corresponding quarter last fiscal.

Feb 6, 2016

Eicher Motors Q4 net profit rises on higher sales of Royal Enfield, better margins

The company sold 125,690 units of Royal Enfield in Q4, 2015, 52 percent more than 82,215 units sold in Q4, 2014.

Feb 6, 2016

Gold prices soar to 9-month high on strong buying

Gold prices have gained more than 10 percent since the beginning of the year.

Feb 6, 2016

Inflow into equity MFs touched 20-month low in January

The negative sentiment that prevailed in January had hit retail investors hard.

Feb 6, 2016

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