Business news

Gold prices plunge to 3-month low in India on growing fears over US Fed rate hike in December

Gold traded at over 5-year low in overseas markets.

Nov 13, 2015

Volkswagen fined $13 million for violating Brazilian environment regulations

The company said the vehicles needed to be recalled in order for the fix to take place.

Nov 13, 2015

Amazon to leverage India export delivery lessons to cut costs abroad

Britain could get a delivery service called Easy Ship, where orders are picked up by Amazon directly from sellers.

Nov 13, 2015

Railways doubles ticket cancellation charges, trims refund option validity

Cancellation fee will be 50% of the ticket between 12 hours and 4 hours before the train departs.

Nov 13, 2015

SpiceJet reports modest net profit in Q2, on recovery path

SpiceJet has returned to profit this year by filling more seats on its planes after reducing capacity by 34%.

Nov 13, 2015

Asian shares fall, tracking commodity prices

The Shanghai Composite index slipped 1.3%, but was poised to end the week flat.

Nov 13, 2015

Garuda to finalise purchase of 30 wide-body jets from Airbus or Boeing by year-end, says CEO

The second half of 2015 is "challenging", said Wibowo.

Nov 13, 2015

Syngenta turns down China Chemical corp's $42 billion purchase offer: Bloomberg

U.S.-listed shares of Syngenta were up 14% at $79.22 in extended trading on Thursday.

Nov 13, 2015

India, UK sign business deals worth $14 billion; big energy project for Tamil Nadu

Merlin Entertainment to open Madame Tussaud's wax museum in New Delhi by 2017.

Nov 13, 2015

Play

Debenhams in our share tip of the week - 5 reasons to invest

Retail chain Debenhams is worth investing in, and heres why.

Nov 12, 2015

Maggi noodles snapped up after re-launch; welcome kits sold out in 5 minutes

On Dhanteras, the first invoice for Maggi was made to Reliance Retail, Kolkata distribution centre.

Nov 12, 2015

OPEC sees oil supply hole in 2016 as low prices curb rival output

Low prices prompt investment cuts, reducing a global supply glut.

Nov 12, 2015

India, China remain dominant in global gold market; account for 45% of demand

There were significant gains in bar and coin demand in China.

Nov 12, 2015

Global gold demand hit its highest level in more than two years

Bar and coin buying more than tripled in the US to a five-year high of 32.7 tonnes.

Nov 12, 2015

Infosys will now evaluate employee performance periodically

The new evaluation process will lead to a change in "nature of goals" set for its employees.

Nov 12, 2015

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