Business news

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Gold hidden under seat of a Jet Airways Abu Dhabi-Bengaluru flight seized

A 50-year-old man tried to smuggle 45 bars of gold worth Rs 1.65 crore by hiding them under his seat on a Jet Airways flight.

Nov 5, 2016

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AirAsia India episode reminiscent of Nira Radia tapes

Alleged payments made for arranging meetings between politicians and AirAsia India executives remind people of Nira Radia tapes involving Tatas, among others.

Nov 5, 2016

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Marks & Spencer plans to shut stores in Britain, France and China

Falling business is probably the reason behind British retailer Marks & Spencer's move, suggest analysts.

Nov 5, 2016

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Tata Sons announces organisational restructuring post Cyrus Mistry's exit

The company appointed S Padmanabhan, to oversee the group's HR responsibilities.

Nov 4, 2016

Oil set for sixth straight day of declines

Analysts said markets were also weighed down by traders pulling out money from futures ahead of the US presidential elections.

Nov 4, 2016

Ambuja Cement stock gains on September quarter results

Ambuja Cement's consolidated net profit for the July-September quarter stood at Rs 216.11 crore.

Nov 4, 2016

Greater Noida: Godrej Properties sells villas worth Rs 300 crore in single day

The company's Crest project is its first real estate venture in the Noida and Greater Noida market.

Nov 4, 2016

Asian shares slip, dollar nurses losses as US election looms

Investors have been unnerved in recent days by signs that the presidential race may be tightened.

Nov 4, 2016

We know smoking causes cancer. But do you know why?

Scientists have for the first time shown the specific mutations that make smoking cause cancer. By analysing the genomes of 5,243 tumours, an international team of researchers identified mutations associated with tobacco smoke , cancers showed signature characteristics if the tissue involved had been exposed to smoke.

Nov 3, 2016

Bank of England predicts rising inflation and real income slow down

Mark Carney, Governor of the Bank Of England, announced that it expects inflation to hit 2.75% by the end of 2018, as well as food, energy and clothes prices rising even faster with wages not keeping up. For now interest rates remain the same but post-Brexit growth will be faster this year than the Bank previously predicted.

Nov 3, 2016