Business news

Decline in US Oil Rig Count is Overdone, Drilling May Resume

Many analysts warn that investors should not be misled by the current rally in oil prices, as higher prices will attract the US oil drillers to resume production.

Apr 28, 2015

'Uttama Villain' Box Office Collection: Can Kamal Haasan Starrer Beat 'Lingaa', 'I', 'Kaththi', 'Yennai Arindhaal' Records?

Kamal Haasan's "Uttama Villain" is predicted to open with a bang on 1 May.

Apr 28, 2015

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Edmund Shing: Shell/BG, Nokia/Alcatel, FedEx/TNT - whos next on the takeover trail?

As well as huge buying huge theres a number of likely mid-cap takeover targets out there.

Apr 28, 2015

Sun Pharma Ready to Spend Around $7 billion on Further Acquisitions

Sun Pharma is now eyeing acquisitions in the U.S. and the Europe, with a focus on companies that manufacture biosimilars.

Apr 28, 2015

Analysts Expect Rally in Maruti Suzuki Shares to Continue on Robust Growth

Analysts are still bullish on the stock, as the company bets on its growth in rural areas amid intensifying competition from global automakers in cities.

Apr 28, 2015

Is Vijay Mallya Looking for Negotiated Exit from USL?

"If media want to have a field day and sensational headlines I want to say that I will continue as normal in my position as Chairman of USL," Mallya tweeted

Apr 27, 2015

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Ebola 400 days on: Assuming the epidemic is stemmed will only result in ‘disaster next door’

Emergency aid worker Rossella Miccio reflects on Sierra Leones ebola crisis after 400 days

Apr 27, 2015

Micromax to Launch Canvas Play with Android Lollipop Soon

Micromax Brings in Strategic Investor, to Sell 25% Stake to Chinese Alibaba

Alipay, online payment solution firm launched in 2004 by China's Alibaba Group, is expected to bring in two to three partners in the Micromax deal.

Apr 27, 2015

After Snapdeal and Paytm, Ratan Tata Buys Stake in Xiaomi

Xiaomi said that Ratan Tata would also act as an advisor to the company.

Apr 27, 2015

Paytm Plans Online Retail Foray, Compete With Flipkart, Snapdeal

Alibaba-backed Paytm estimates its e-commerce foray will spur revenue run rate to $4 billion by end of this year.

Apr 25, 2015

Why Sensex Bucks the Uptrend in Global Markets

The BSE Sensex has slumped 2,586 points from its record high of 30,024.74 hit on 4 March 2015.

Apr 25, 2015

'Make in India': Chinese Smartphone Maker Xiaomi Plans Manufacturing Unit, R&D Centre

The world's fifth-largest smartphone maker wants to become the top handset maker in India within five years.

Apr 25, 2015

India puts U.S. charity Ford Foundation on security watchlist

India's home affairs ministry said it would "keep watch on all the activities" funded by the Ford Foundation

Apr 25, 2015

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Greeces Yanis Varoufakis says talks with euro zone have made progress

Greek Finance Minister Yanis Varoufakis said on 24 April that talks with his euro zone peers had improved over the past few weeks.

Apr 24, 2015

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David Cameron and Ed Miliband react to HSBC headquarters move

HSBC Holdings, Europes biggest bank, will review whether to move its headquarters out of Britain, potentially dealing a blow to a country trying to balance tighter regulation with the importance of the financial industry to its economy.

Apr 24, 2015

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