Business news

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Mahindra, Escorts post robust growth in tractor sales for October

Good rainfall boosted demand for tractors, enabling Escorts and Mahindra to register more than 50 percent rise in volume sales.

Nov 2, 2016

Cox & Kings to enter India's money transfer business

Headquartered in India, Cox & Kings has presence in 22 countries across four continents.

Nov 2, 2016

Which companies should you invest in to benefit from the shrinking pound?

Retailers and housebuilders have been hit hard by the failing pound against the US dollar and the Euro.

Nov 2, 2016

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Dating app Paktor raises $32.5 million from K2 Global, PT Media Nusantara

Tinder's rival Paktor is mainly popular in Indonesia, Singapore, Thailand, Malaysia and Korea but not in India.

Nov 2, 2016

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ICICI Bank launches home loan overdraft for salaried customers

The "ICICI Bank Home Overdraft" scheme enables a salaried customer to loan up to Rs. 1 crore for personal needs against property.

Nov 2, 2016

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Donald Trump's lead over rival Hillary Clinton in poll hits Indian stock markets

A new poll showing Donald Trump taking a lead over Hillary Clinton spooks stock markets globally; Sensex, Nifty lose over 1 percent.

Nov 2, 2016

Dabur to buy CTL Group's personal care business in South Africa

In Africa, Dabur also has manufacturing facilities set up in Nigeria and Egypt.

Nov 2, 2016

Oil prices fall for fourth day after stockpile build

The American Petroleum Institute said crude stockpiles increased by 9.3 million barrels in the week to Oct. 28.

Nov 2, 2016

What does the Uber tribunal ruling mean for the gig economy?

In October, a London tribunal ruled that Uber drivers are entitled to basic work benefits such as sick pay and holidays. The move has widely been viewed as a landmark ruling, and the first major challenge to the emerging gig economy in the UK. Uber argue that all their drivers are in fact self-employed, but workers and some unions dispute this, and say the company is trying to avoid paying out costly benefits. Uber currently has 40,000 drivers working in London.

Nov 1, 2016