Business news

June 2016 results preview: Ashok Leyland net profit, revenues likely to rise sharply, says analyst

Heavy vehicle maker Ashok Leyland is likely to see its June quarter net profit climb 60 percent, says Motilal Oswal Securities.

Jul 13, 2016

Farnborough International Airshow: GoAir, AirAsia place orders for 172 Airbus aircraft

Indian carrier GoAir will buy 72 Airbus A320sneos, while AirAsia will expand its fleet by 100 A321neos.

Jul 13, 2016

Indiabulls offices raided by income tax department; shares fall on BSE

Shares of Indiabulls Housing Finance and Indiabulls Real Estate fell over reports that the companies' offices were raided by I-T department.

Jul 13, 2016

JPMorgan to raise minimum wage for 18,000 U.S. workers

The wage increase at the United States' largest bank will be from a current floor of $10.15 an hour to a range of $12 to $16.50 an hour.

Jul 13, 2016

How is the self driving car industry thriving after the Tesla crash?

Industry insiders believe it has reached the threshold for investment and growth as more companies look to invest in safety features.

Jul 12, 2016

great grand masti balaji telefilms movie cast Vivek Oberoi, Riteish Deshmukh, Aftab Shivdasani and Urvashi Rautela share price

'Great Grand Masti' ('Masti 3'): Will leaked movie dampen hopes of a big box office collection for producer Balaji Telefilms?

'Great Grand Masti' ('Masti 3') print carrying "censor copy" watermark was leaked online, dampening hopes of big box office collection.

Jul 12, 2016

Cairn Energy invokes U.K.-India Investment Treaty, demands $5.6 billion compensation from India

British oil and gas company Cairn Energy holds 9.8 percent in Cairn India after selling majority stake to Vedanta Resources in 2011.

Jul 12, 2016

June 2016 results preview: How HDFC Bank, Axis Bank and ICICI Bank are likely to have performed

HDFC Bank, Axis Bank, ICICI Bank likely to report mixed results in June quarter, says Motilal Oswal Securities.

Jul 12, 2016

Quess Corp lists at a hefty premium to issue price on BSE; Sensex retains rally

Quess Corp IPO was oversubscribed about 144 times. The issue price was Rs. 317 per share

Jul 12, 2016

Flyers from India can now buy duty-free goods up to Rs. 25,000

The move comes after request by travellers to increase the limit on purchase of goods at airports.

Jul 11, 2016

Court allows Sahara to sell properties up to 90 percent of their circle rate

Sahara Group chief Subrata Roy granted extension of parole till August 3, conditional on Rs. 300 crore deposit.

Jul 11, 2016

Edelweiss gets nod from IRDA to set up insurance company in India

Edelweiss General Insurance will be a wholly owned subsidiary of Edelweiss Financial Services Ltd.

Jul 11, 2016

L&T Technology Services IPO: Subsidiary next in line after L&T Infotech, confirms A M Naik

L&T Technology Services will go for an IPO in due course, says Larsen & Toubro chief A M Naik.

Jul 11, 2016

Corporate corruption thriving in emerging markets: Report

Emerging market multinationals continue to fall short of the corporate transparency standards, as noted by a Transparency International study.

Jul 11, 2016

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Infosys, TCS and Wipro shares gain after IT industry frets over US H-1B visa reform bill

Shares of top IT companies recorded gains, bucking the potential impact US H-1B, V-1 visa reform bill could have on the IT industry.

Jul 11, 2016

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Business news

June 2016 results preview: Ashok Leyland net profit, revenues likely to rise sharply, says analyst

Farnborough International Airshow: GoAir, AirAsia place orders for 172 Airbus aircraft

Indiabulls offices raided by income tax department; shares fall on BSE

JPMorgan to raise minimum wage for 18,000 U.S. workers

How is the self driving car industry thriving after the Tesla crash?

'Great Grand Masti' ('Masti 3'): Will leaked movie dampen hopes of a big box office collection for producer Balaji Telefilms?

Cairn Energy invokes U.K.-India Investment Treaty, demands $5.6 billion compensation from India

June 2016 results preview: How HDFC Bank, Axis Bank and ICICI Bank are likely to have performed

Quess Corp lists at a hefty premium to issue price on BSE; Sensex retains rally

Flyers from India can now buy duty-free goods up to Rs. 25,000

Court allows Sahara to sell properties up to 90 percent of their circle rate

Edelweiss gets nod from IRDA to set up insurance company in India

L&T Technology Services IPO: Subsidiary next in line after L&T Infotech, confirms A M Naik

Corporate corruption thriving in emerging markets: Report

Infosys, TCS and Wipro shares gain after IT industry frets over US H-1B visa reform bill

Amit Shah setting stage for BJP ahead of polls in J&K; to focus on Pahari-Muslims during visit [details]

Nitishwar Kumar posted as Addl Secy in Ministry of WCD; 8 other bureaucrats get new posting [details]

Sunny Deol's Chup surprises with box office numbers; bags ₹2 crores on third day [details]