Business news

Sensex extends losses for second straight session

Markets will remain closed on Wednesday on account of Guru Nanak Jayanti.

Nov 24, 2015

Lanco Infratech seeks to raise $1 billion in 18 months to reduce debt load

The company swung back to profit in the June-September quarter.

Nov 24, 2015

NY attorney general probes false bids and offers in Forex market

Subpoenas issued to BGC Partners, GFI Group, TFS-ICAP, Tullett Prebon Financial Services

Nov 24, 2015

Malaysia's 1MDB to sell energy assets for $2.3 bn to Chinese firm

CGN said it will assume all the debt of Edra's companies and the deal is expected to be completed by February 2016.

Nov 24, 2015

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Paris attacks: How hotels, restaurants and travel in France have been affected

Edmund Shing explains the economic impact of the Paris attacks.

Nov 24, 2015

Jaguar Land Rover to post lower pre-tax profit in 2015 after Tianjin blast

It will invest nearly half a billion pounds in its British engine manufacturing centre.

Nov 24, 2015

Nippon Life Insurance to double stake in Reliance Life Insurance

Nippon Life, Japan's biggest private life insurer, is paying about $342 million to lift its stake in Reliance Life to 49%.

Nov 24, 2015

China cuts wholesale gas prices, seeks to boost demand for cleaner fuel

The impact could be mixed for players in the market.

Nov 24, 2015

Indian oil imports from Asia Pacific spike in October as refiners tap new routes

Refiners looked beyond their traditional suppliers for cheaper purchases amid a global supply glut.

Nov 24, 2015

Reliance Jio faces obstacles like low ARPU to gain customers: CLSA

Reliance Jio has delayed the launch of its 4G services to next fiscal from December this year.

Nov 24, 2015

Climate changes affect wheat planting in India; wheat acreage declines

Wheat acreage was down around 26 percent so far this season in the world's No. 2 wheat producer.

Nov 24, 2015

Pfizer-Allergan deal caps healthcare sector mergers and acquisitions

Helped by cheap finance, healthcare has seen an unprecedented wave of M&A activity since the start of 2014.

Nov 24, 2015

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Hillary Clinton and Donald Trump slam Pfizer-Allergan deal

US politicians condemned Pfizerâ€™s deal with Allergan as a tax dodge on Monday

Nov 24, 2015

Virginia state firm signs apple export deal with India

As of September of this year, Virginia has exported $1.2 million in apples to India

Nov 24, 2015

Dell recognises security hole vulnerable to hackers in new laptops

The hole may let hackers read encrypted messages and redirect browser traffic to spoofs of real websites.

Nov 24, 2015

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