Business news

Warburg Pincus Eyeing to Buy One-Fourth Stake in L&T Finance Holdings

Share prices of L&T Finance soared 7.8% to trade at ₹71.65 on Tuesday

Jul 7, 2015

Wipro Chairman Azim Premji Earmarks Over 50% of His Wealth for Charity

Premji has a stake of 73.39% in Wipro valued at nearly Rs 99,500 crore.

Jul 7, 2015

Reliance to Sell $32 Million Stake in Unit Network18

Reliance said that the selldown of 32.5 million shares on Wednesday would help it meet the minimum 25 percent public ownership rule.

Jul 7, 2015

Indian stock brokers watch the key Sensex share index graph in a brokerage firm in Mumbai May 13, 2004.

India's Stock Markets Weaker, BSE Sensex Falls Over 200 Points After Greek Vote

The rupee weakened to 63.5600/57 per dollar compared to its previous close of 63.44/45.

Jul 6, 2015

Senior PepsiCo India Executives Quit Due to 'Frequent Restructuring' : Report

But the company has downplayed the issue.

Jul 4, 2015

Top 10 Most Valuable Indian Companies [PHOTOS]

List of Top 10 Companies in India: TCS became the first Indian company to cross a market capitalisation of ₹ 5 lakh crore last year.

Jul 4, 2015

Greece Referendum: Sensex Could Fall by Over 3% on 'No' Vote; Tata Motors, IT Stocks May See Sell-off

Further, lack of heavy short positions to curtail the fall in markets is also a cause of concern.

Jul 4, 2015

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Ukraine: EBRD to invest up to $1bn in 2015 if reforms are made

The head of the European Bank for Reconstruction and Development (EBRD) has said it plans to invest up to $1bn in Ukraine this year, including in the gas sector, provided real reforms are implemented.

Jul 3, 2015

Make in India: Airbus Ties Up with Mahindra Defence to Manufacture Helicopters Locally

A joint venture so formed by the two groups will emerge as the first private manufacturer of helicopters in the country.

Jul 3, 2015

A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai

ICICI Securities to Charge Just ₹7 as Annual Fee to Manage EPFO's ₹1.4 Lakh Crore

Back in 2009, a reputed mutual fund firm's bid to manage EPFO funds free of cost was refused because it did not have "commercial logic".

Jul 3, 2015

Cognizant May Face Losses Due to Centene's Acquisition of Health Net

Cognizant still remains positive about achieving its revenue guidance of $12.24 billion in 2015.

Jul 3, 2015

Sensex Gains 88 Points in Early Trade

The Sensex has touched a high of 28,046.75 points and a low of 27,897.45 points in the trade so far.

Jul 3, 2015

Raju Regrets Air India Flight Delays Due to VIPs After PMO Intervenes; Fadnavis to File Defamation Case

Ashok Gajapati Raju said he was waiting for the report before initiating action, but didn't elaborate what action his ministry may take.

Jul 2, 2015

Air India Offloads Passengers to Accommodate Rijiju on Flight, Minister Says He was 'Unaware'

Kiren Rijiju said he could not be blamed as he was not informed about the changes made to accommodate him on the flight.

Jul 2, 2015

Xiaomi To Launch New Under Rs 5,000 Smartphone Next Week? Rumours, Specs And Features

Xiaomi Sells 34.7 Million Smartphones in First Half of 2015

During Mi Fan Festival in April this year, Xiaomi sold 2.12 million phones in just 12 hours.

Jul 2, 2015

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