Business news

Cab service provider Ola raises $500 million for expansion plans

The round of funding was led by venture firm Baillie Gifford and other venture firms.

Nov 18, 2015

Security jitters drive European investors back to safe havens

Paris attack developments kept the market focused on international security issues.

Nov 18, 2015

Ford to expand SUV vehicle portfolio, capitalise on market growth

United Auto Workers union officials, analysts say Ford may use a Michigan factory to build its new SUV.

Nov 18, 2015

Railways increases minimum ticket fare from Rs 5 to Rs 10

The hike is to prevent misuse of these tickets by people who avoid buying platform tickets.

Nov 18, 2015

SAP formally launches digital literacy centres in 12 Indian cities

About 7,000 men and women have been trained in these centres since January.

Nov 18, 2015

US puts companies selling unproven products like Jack3d in the dock

Six USPlabs executives and S.K. Laboratories, which manufactured the supplements, face criminal charges.

Nov 18, 2015

Delayed payments hit small, medium Indian manufacturers hard

They said clients often take 150 days to pay as against the standard 30 days' time.

Nov 18, 2015

Payworld launches ATM-free cash withdrawing service

Payworld has tied up with the State Bank of India to operate the scheme.

Nov 18, 2015

Patanjali atta noodles not approved, says food safety regulator FSSAI

Patanjali Yogpeeth (Trust) has claimed that it has not violated any FSSAI guidelines.

Nov 18, 2015

Monsanto seeks to gobble up rival agrochemical companies

Monsanto is studying possibilities for consolidation in both the seed and agrochemical sectors.

Nov 18, 2015

Japan: Toshiba might be fined $60 million for accounting scam

Toshiba has set aside 8.4 billion yen for administrative penalties.

Nov 18, 2015

China deliberating over single unified regulator after market crash: Sources

China's stock markets .CSI300 dropped by more than 40 percent between mid-June and August.

Nov 18, 2015

BSNL reports operating profit of Rs 672 crore for financial year 2015

It had posted an operating loss of Rs 691 crore in the previous fiscal.

Nov 17, 2015

Tea output falls by 5.42 percent in September; West Bengal hardest hit

South Indian tea, produced in Tamil Nadu, Kerala and Karnataka, witnessed a fall of 7.32 percent.

Nov 17, 2015

Sensex extends gains by 104 points on positive global cues

Markets also remain in positive mood ahead of Winter session of Parliament next week.

Nov 17, 2015

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