Business news

Delayed payments hit small, medium Indian manufacturers hard

They said clients often take 150 days to pay as against the standard 30 days' time.

Nov 18, 2015

Payworld launches ATM-free cash withdrawing service

Payworld has tied up with the State Bank of India to operate the scheme.

Nov 18, 2015

Patanjali atta noodles not approved, says food safety regulator FSSAI

Patanjali Yogpeeth (Trust) has claimed that it has not violated any FSSAI guidelines.

Nov 18, 2015

Monsanto seeks to gobble up rival agrochemical companies

Monsanto is studying possibilities for consolidation in both the seed and agrochemical sectors.

Nov 18, 2015

Japan: Toshiba might be fined $60 million for accounting scam

Toshiba has set aside 8.4 billion yen for administrative penalties.

Nov 18, 2015

China deliberating over single unified regulator after market crash: Sources

China's stock markets .CSI300 dropped by more than 40 percent between mid-June and August.

Nov 18, 2015

BSNL reports operating profit of Rs 672 crore for financial year 2015

It had posted an operating loss of Rs 691 crore in the previous fiscal.

Nov 17, 2015

Tea output falls by 5.42 percent in September; West Bengal hardest hit

South Indian tea, produced in Tamil Nadu, Kerala and Karnataka, witnessed a fall of 7.32 percent.

Nov 17, 2015

Sensex extends gains by 104 points on positive global cues

Markets also remain in positive mood ahead of Winter session of Parliament next week.

Nov 17, 2015

Microsoft to fund start-ups that will offer affordable Internet access

The fund will aim to provide affordable Internet connectivity in unconnected areas of the world.

Nov 17, 2015

Western Coalfields to invest Rs. 6,280 crore across five years

Rs. 850 crore is being spent on land acquisition during the current fiscal year.

Nov 17, 2015

Infosys shares fall 2% to a two-month low despite warning on weak margins

EBIT margins for Q3 will be weak due to lower revenue growth and higher investments.

Nov 17, 2015

Marriott International to buy Starwood resorts in a $12.2-billion deal

The deal is expected to close by mid-2016 after approval from both companies' shareholders and regulators.

Nov 17, 2015

Facebook shares dip as Marc Andreessen sells 73% of stake

Marc Andreessen sold more than 1.5 million shares of Facebook stock worth roughly $160 million.

Nov 17, 2015

Stock prices of defence companies swell after Paris attacks

Stock prices of defence industry majors see an increase since attacks in France.

Nov 17, 2015

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