Business news

Tata Power may acquire Welspun's wind solar assets

The Tata Power-Welspun deal is valued at Rs. 9,627 crore, the Economic Times reports.

May 2, 2016

India's Lupin to scale up brand, specialty business in US

Lupin said it is looking to launch new products, acquire brands and specialty companies in the United States.

May 2, 2016

Cement companies expecting revival in demand in current financial year

Cement companies expect infra projects to drive demand growth to 6-8 percent in 2016-17, Mint reports.

May 2, 2016

Japan April manufacturing PMI hits lowest since January 2013 after Kumamoto earthquake

The Markit/Nikkei Japan Manufacturing Purchasing Managers Index (PMI) fell to a seasonally adjusted 48.2 in April.

May 2, 2016

Oil prices fall on rising OPEC crude production

Brent futures LCOc1 were trading at $47.05 per barrel at 0028 GMT on Monday, down 32 cents from their last settlement.

May 2, 2016

Amul expects turnover of Rs. 50,000 crore in 4 years

Amul's turnover has risen nearly threefold to Rs. 23,000 crore in the last three years.

May 1, 2016

TCS, HDFC Bank, ONGC add Rs. 34,256 crore to market cap last week

TCS, which added Rs. 22,236 crore to its market capitalisation, was the biggest gainer of the week.

May 1, 2016

Global tablet shipments witness steep decline in Q1 2016: Report

with a total shipment of 10,3 million units, Apple tops the global tablet-makers list in the first quarter of 2016.

May 1, 2016

Only 0.06 percent of tax payers earned over Rs.1 crore a year in FY12

According to the income tax data, revealed after 15 years, there were 2.8 crore individual tax assessees during 2011-12.

Apr 30, 2016

Kingfisher Airlines' brand, trademarks find no takers: Report

The company's logo and trademarks, including the popular tagline "Fly the Good Times," were all up for grabs.

Apr 30, 2016

HDFC Bank to raise Rs. 50,000 crore via private placement mode

Mumbai-based private sector lender HDFC Bank will seek shareholders' approval for the purpose.

Apr 30, 2016

Vodafone chooses bankers for its India IPO

The stock offering of up to $3 billion could potentially be the country's largest initial public offer overtaking Coal India's $2.3 billion in 2010.

Apr 30, 2016

Oil ends steady near $50; best monthly gain in Brent in seven years

A weaker dollar and optimism that a global oil glut will ease have lifted crude futures by more than $20 a barrel since they plumbed 12-year lows below $30 in the first quarter.

Apr 30, 2016

5th Avenue-like Apple Stores coming to India

Apple's stock suffers worst week since 2013

Shares of Apple, a mainstay of many Wall Street portfolios and the largest component of the Standard & Poor's 500 index, have dropped 11 percent in the past five sessions.

Apr 30, 2016