Business news

Volkswagen shares plunge 18.6% on emission scandal in US

The German car maker could face penalties of up to $37,500 per vehicle for violating Clean Air Act

Sep 22, 2015

Oil prices dip as traders take profit following 4% rise

The dip in prices came after oil rallied on Monday, with U.S crude surging more than 4 percent

Sep 22, 2015

Indian markets end lower amid global growth concerns

The Sensex ended 25.93 points lower at 26,192.98, while the Nifty slipped 4.80 points to close at 7,977.10.

Sep 21, 2015

Gold monetization scheme: Deposits above 500grams without naming sources to be taxed

The idea behind the move is to make sure that the scheme does not get exploited to convert black money to white.

Sep 19, 2015

India's gold imports may fall by 5% on government schemes, says ICRA

The overall impact of gold schemes is likely to be 'moderately positive' for the country's gold imports, says ICRA

Sep 19, 2015

Modi government plans to cap airfares to make travel affordable for common man

Flights connecting smaller cities in the country are likely to start operating from the next fiscal year, an official said.

Sep 19, 2015

Market Watch: Sensex rises 255 points, gold prices remain flat; rupee closes at month-high

The rupee posted its biggest single-day gain in two years

Sep 18, 2015

Ola Cabs partners with AP govt, to invest Rs 150 crore in state

Mobile transportation apps like Ola can play a key role in generating thousands of jobs, said CM Chandrababu Naidu.

Sep 18, 2015

Indian Railways confused over losing 150 million passengers despite no hike in fares

Railway Board chairman AK Mittal has sent a letter to all the zonal GMs to find out the reasons

Sep 18, 2015

Flipkart, Snapdeal 'overvalued', start-ups should not become 'overconfident': Vinod Khosla

Khosla says about 85% of Indian e-commerce companies are 'overvalued'

Sep 18, 2015

Modi government to give compulsory retirement to inefficient or bad reputation officers

The Department of Personnel and Training, headed by the PM, has sent guidelines to all ministries to identify such officers.

Sep 18, 2015

Gold, silver prices soar on surge in demand, less chances of Fed rate hike

Jewellers stepped up buying gold ahead of festival and wedding seasons.

Sep 17, 2015

Andhra Pradesh govt links Godavari, Krishna rivers; diverts water to irrigate lakhs of acres of paddy crop

The move will result in diversion of nearly 80 TMC water from Godavari to Krishna, said Water Resources Minister DU Rao.

Sep 17, 2015

Microsoft sued for discriminating against female employees in salary hikes, promotions

Katherine Moussouris, a former technician at Microsoft, said that she got "low bonus" for complaining about sexual harassment.

Sep 17, 2015

LetsCatchup rolls out alumni-referral network to help jobseekers in India

The company is backed by Asia's No.1 business accelerator JFDI Asia.

Sep 17, 2015

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