Business news

Mallya claimed salary, other perks as Rajya Sabha MP

Mallya, whose term as an MP ends in July 2016, claimed constituency allowance, telephone and office expenses regularly.

Apr 22, 2016

The gold and diamond house repaid just $150,000 out of the over-$1 billion in outstanding loan to Indian banks, says Economic Times.

Apr 22, 2016

Scoot would operate round-trips from Chennai and Amritsar to Singapore from May 24, whereas flights to and from Jaipur would begin on Oct. 2.

Apr 22, 2016

Gold and silver prices have risen 17.36 percent and 21.17 percent since Jan. 1, while Sensex had declined 1 percent.

Apr 22, 2016

In sharp contrast to Wipro, Infosys ADRs rose more than 8 percent after its upbeat Q4 results and FY2017 guidance.

Apr 22, 2016

Up to 40,000 jobs in the UK could be saved if the government's plan to to partly nationalise Tata Steel's UK business works out finally.

Apr 22, 2016

Mallya told the Supreme Court Rs. 1,591 crore could be deposited upfront by selling off shares in United Spirits and Airbus.

Apr 22, 2016

Two of Microsoft's three major businesses showed lower operating profits led by intelligent cloud division.

Apr 22, 2016

The results, which were also hit by the strong dollar, drove shares of the Web search company down 6 percent in late trading Thursday.

Apr 22, 2016

Despite the Doha Opec meeting failing to freeze oil output, there are many reasons why oil prices can recover.

Apr 21, 2016

Three directors of Bombay Rayon Fashions allegedly misappropriated Rs. 1.90 crore belonging to their employees' provident fund.

Apr 21, 2016

State-run Dredging Corporation of India is expected to benefit from initiatives such as "Sagarmala" and "Clean Ganga."

Apr 21, 2016

Tata Consultancy Services Limited added 34,187 employees on a net basis, more than 17,857 by Infosys and 14,695 by Wipro in 2015-16.

Apr 21, 2016

The Kolhapur-based bank is planning to raise about Rs. 1,100 crore through the proposed IPO.

Apr 21, 2016

Apr 21, 2016

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