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Insurance

Premium collection of general insurers jumps 32% on healthy motor insurance growth

The rise in gross written premium collections during April-October period for private sector firms was higher than the public sector firms. Nov 15, 2016
New Kalashnikovs in India

Reliance Defence to tie up with Israeli company to make new Kalashnikov rifles in India

There exists a huge requirement of weapons for Indian Armed Forces with the potential market size of Rs 6,000 crore. Nov 15, 2016
State Bank of India

SBI shares gain sharply on demonetisation drive; bank says ATMs to dispense smaller denominations soon

Deposit surge after demonetisation lifts SBI shares; chairman Arundhati Bhattacharya assures smaller denominations from ATMs. Nov 15, 2016
TV sets in a showroom

Bajaj Finance sees near-term blip in credit growth

Demonetisation of high-value currencies by India is likely to drag many NBFCs' balance sheet. Nov 15, 2016
Expedia

Expedia-owned Trivago files for IPO worth $400 million

Morgan Stanley, JP Morgan and Goldman Sachs are leading the deal for the hotel booking website. Nov 15, 2016
bse nse share price sensex nifty gainers losers impact currency notes rs 500 and rs 1000 donald trump hillary clinton us presidential elections results india asian global cues equities

Sensex continues losing streak, down 1%

Key market indices remained under a bearish grip, taking global cues as a strengthening dollar pulled down most Asian markets. Nov 15, 2016
Crude Oil prices

Oil prices rise on falling shale output, renewed hopes of OPEC cut

Prices were buoyed by expectations that US shale oil production will fall in December to its lowest since April 2014. Nov 15, 2016
Samsung company

Samsung to acquire Harman International in all-cash deal worth $8 billion

Samsung said US-based Harman, a global leader in connected car technology, is a natural extension of its automotive strategy push. Nov 14, 2016
Cathay Pacific airways

Cathay Pacific plans to increase air cargo services to India

Currently, Hong Kong-based Cathay Pacific Airways serves six Indian cities. Nov 14, 2016
Mahindra Scorpio

Mahindra XUV500 and Scorpio to get petrol variants next year

To contain sliding market share in the UV segment, M&M is likely to come up with petrol variants of XUV500 and Scorpio. Nov 14, 2016
Crude Oil prices

Oil steady near multi-month lows on OPEC output record, US rig count

The dollar rose to a nine-month high against other currencies on Monday, pressuring oil prices. Nov 14, 2016
Construction work

Reliance Infra's Q2 net profit up 34% to Rs 570.5 crore

The company is targeting projects by the government across power, roads, railways, defence and ports. Nov 13, 2016
Deals

India Inc's January-October M&A deals hit record value of $32.55 billion

The Merger & Acquisition deal value grew 48 percent in a year-on-year basis last month. Nov 13, 2016
airasia india cyrus mistry fraud tony chandilya mittu ceo fraud tata group ratan tata controversy rs 22 crore civil aviation business stake malaysia delhi high court low cost

AirAsia India in more trouble as Delhi High Court orders probe

The Delhi High Court directive to regulator DGCA follows allegations of the carrier ceding control to AirAsia Berhad. Nov 12, 2016
jet airways, molestation, air hostess

Jet Airways posts 23.4% rise in Q2 net profit as other income spurts 76%

Full service carrier Jet Airways reports 3 percent increase in revenues and 36 percent jump in employee costs during Q2. Nov 12, 2016
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