Business news

Bharat Electronics, Electronics Corporation of India to reap 'electoral' benefits

The EC intends to buy 13,95,648 new balloting units and 9,30,482 control units at an estimated cost of Rs 5,511 crore.

Dec 7, 2015

OPEC News: Iran-Saudi Arabia differences fuel price drop

Oil prices have hit seven-year lows nearing $40 a barrel.

Dec 7, 2015

China's low-cost carriers add more routes

China, the fastest growing major air travel market, has passenger volume of 392 million.

Dec 7, 2015

Chennai Floods: Union minister thanks companies for sending packaged food, water

Food Processing Industries Minister Harsimrat Kaur Badal urged firms to make exemplary contribution.

Dec 6, 2015

Dilwale vs Bajirao Mastani: Will the epic clash hit Eros International stock?

Stakes in Bollywood films are high for producers and distributors.

Dec 6, 2015

Uneasy calm in markets ahead of expected US Fed rate hike

It is going to be the first increase in U.S. interest rates in almost a decade,

Dec 6, 2015

Japan's Sharp Corp plans to shed stake in Indian unit

Sharp had reportedly registered Yen 50 billion operating loss during first half of 2015.

Dec 6, 2015

India may ban imports of 24-carat gold jewellery to avoid misuse of Asia FTAs

The import duty on the metal was raised to 10 percent in 2013 to curb demand.

Dec 6, 2015

Essar Oil to delist at floor price of Rs 146.05 per share

The objective is to buy out minority shareholders, the company said.

Dec 6, 2015

U-Flex unveils package for Rs.1,500-crore Gujarat unit

It will produce seven billion packs per annum for liquid energy drinks.

Dec 6, 2015

Bank of England approves capital calculation models of 19 insurers

Insurers use their internal models to determine how much capital they hold to meet policyholder commitments.

Dec 6, 2015

New runway for Heathrow airport may be approved by British PM Cameron soon

There is a revised 23 billion-pound ($35 billion) plan to give Heathrow a third runway.

Dec 6, 2015

SBI to pursue a more aggressive strategy to beat competition

The country's largest bank plans to step up its aggressiveness as competition will "hot up".

Dec 6, 2015

British MP makes serious bid to save Tata Steel jobs in Yorkshire

Tata Steel from firing 720 workers from its Yorkshire plant.

Dec 6, 2015

Turkey to find alternative energy suppliers: President Erdogan

Turkey imports 98 percent of its natural gas from Russia and Iran.

Dec 6, 2015

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