Business news

Opec keeps oil output policy unchanged

The Organization of the Petroleum Exporting Countries (Opec) agreed to stick by its policy of unconstrained output for another six months on Friday (5 June).

Jun 5, 2015

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IMF debt payment delay by Greece a negotiating tactic

Greek Economy Minister George Stathakis on Friday (5 June) said that Greeces decision to transfer all debt payments to the International Monetary Fund due in June in one batch at the end of the month, was not a sudden decision but had been on the table for quite some time.

Jun 5, 2015

Gold Prices May Plunge to ₹20,500 on US Central Bank Rate Hike

A rate hike in the US will strengthen the greenback weighing on the gold prices.

Jun 5, 2015

Infosys Appoints Seshasayee as Non-Executive Chairman Following Kamath's Exit

Seshasayee has been an independent director on the company's Board since January 2011.

Jun 5, 2015

Jet Airways to Outperform SpiceJet as Vistara and AirAsia Make Entry

Jet Airways is likely benefit more from the changing business picture in domestic aviation compared to budget carrier SpiceJet.

Jun 5, 2015

Tanu Weds Manu Returns - Piku weekend box office collecetion

Box Office Collection: 'Tanu Weds Manu Returns' Rakes in ₹116.73 Crore; 'Piku' Nears ₹80 Crore Mark

"Tanu Weds Manu Returns" has closed the second week on a good note.

Jun 5, 2015

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Brazilian guitarist plays Beatles Yesterday during brain surgery in viral video

Anthony Kulkamp Dias strummed guitar during brain tumour removal Nossa Senhora da Conceicao hospital in Santa Catarina

Jun 5, 2015

Coolpad Officially Launches Dazen 1, X7 in India

Coolpad's Dazen 1 Registrations Touch 1 Lakh Mark on Snapdeal

The handset is seeing demand from across the country.

Jun 5, 2015

Telecom Spectrum Auction: Modi Govt's Gain is Subscribers' Loss; Idea Cellular Hikes Tariffs in Delhi

Idea Cellular was the highest bidder during the March auction, committing ₹ 30,300 crore.

Jun 5, 2015

Shriram Automall Strengthens Presence in Pre-owned Auto Sector

The company reported maximum Automall launches during last fiscal

Jun 5, 2015

Nestle Withdraws Maggi Noodles Stock; Maintains it's Safe

Nestle India said that Maggi noodles will be back in stores soon after matter is sorted out.

Jun 5, 2015

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100 new psychoactive substances detected in Europe in 2014

The production of psychoactive substances is on the rise is Europe with cannabis still being the most used drug in the European Union, the blocs drug agency said in its yearly report published on Thursday (4 June).

Jun 4, 2015