Business news

India received record investments from private equity firms last year

Investments in consumer technology went up 46 percent to $6.9 billion last year.

Mar 3, 2016

3-day jewellers' strike may cost the economy $432 million

An excise duty of 1 percent on gold transactions worth Rs. 6 crore per year brings small manufacturers to book.

Mar 3, 2016

GE to sell India financial services business to Aion, former execs

Aion has partnered with former GE Capital executives Pramod Bhasin and Anil Chawla for the acquisition.

Mar 3, 2016

david-cameron-and-ed-miliband-react-to-hsbc-headquarters-move

Forty big banks test blockchain-based bond trading system

The banks are part of a consortium of 42 major lenders, brought together last year by New York-based R3 CEV to work on ways blockchain technology.

Mar 3, 2016

Where to get the best Fourth of July discounts?

Target to invest billions to improve supply chain, ramp up online growth

Target blamed its "incredibly complex supply chain" for unacceptable stock levels in 2015 that hurt sales growth.

Mar 3, 2016

Airbus sees no serious impact from China economy slowdown

European plane maker Airbus broke ground on its first wide-body completion plant outside of Europe in China on 2 March, while its CEO Fabrice Bregier said he saw no serious impact on the China plane market from slowing economy. Airbus marked the handover of a completion and delivery centre for its wide-body A330 in Beijings neighbouring city of Tianjin, which will be a new addition to its existing assembly plant for A320 planes.

Mar 2, 2016

Apple vs FBI: Creating iPhone key would have wide-ranging implications

Appleâ€™s general counsel told a congressional panel on 1 March, that a court order forcing Apple to give the FBI data from an iPhone used by one of the San Bernardino shooters could threaten security on all iPhones.

Mar 2, 2016

Reliance Industries' market cap to hit $100 billion in 3-4 years: Morgan Stanley

The brokerage maintains an overweight stance on RIL with a price target of Rs 1,329 in the next 12 months.

Mar 2, 2016

BHEL bags Rs 5,600 crore order to build power plant in Tamil Nadu

The project, which will be set up in Uppur, Ramanathapuram district, would be commissioned by September 2019.

Mar 2, 2016

NDA's defence budget keeps the spend steady, aspires for sturdiness

The NDA government keeps its defence capital expenditure steady, with an eye on domestic procurement.

Mar 2, 2016

Idea-Videocon spectrum deal may be 'restructured' due to tax issues: Report

In its budget presented this week, the government proposed to levy service tax on spectrum trading deals starting June.

Mar 2, 2016

Tata Motors commercial vehicles Auto sales

February auto sales: Commercial vehicle makers report high growth

Ashok Leyland sales grew 25 percent, while Tata Motors and Volvo Eicher Motors reported 15 percent and 57 percent, respectively.

Mar 2, 2016

Sensex gains 1,240 points in 2 days

The gains are supported by a rally in global markets and an appreciating rupee, besides hopes of a rate cut by the RBI.

Mar 2, 2016

Jabong recieves Rs 2 crore funding from GFG to remain 'afloat': Report

The funding from Global Fashion Group will help the loss-making company survive another year.

Mar 2, 2016

Road ministry plans Rs 50,000 crore loan from LIC for expressways: Report

Finance Minister Arun Jaitley had allocated Rs 55,000 crore to the road ministry in the budget for the next fiscal year.

Mar 2, 2016

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Business news

India received record investments from private equity firms last year

3-day jewellers' strike may cost the economy $432 million

GE to sell India financial services business to Aion, former execs

Forty big banks test blockchain-based bond trading system

Target to invest billions to improve supply chain, ramp up online growth

Airbus sees no serious impact from China economy slowdown

Apple vs FBI: Creating iPhone key would have wide-ranging implications

Reliance Industries' market cap to hit $100 billion in 3-4 years: Morgan Stanley

BHEL bags Rs 5,600 crore order to build power plant in Tamil Nadu

NDA's defence budget keeps the spend steady, aspires for sturdiness

Idea-Videocon spectrum deal may be 'restructured' due to tax issues: Report

February auto sales: Commercial vehicle makers report high growth

Sensex gains 1,240 points in 2 days

Jabong recieves Rs 2 crore funding from GFG to remain 'afloat': Report

Road ministry plans Rs 50,000 crore loan from LIC for expressways: Report

Patriot Party: Trump's new political faction set to revolutionize US democracy, says report

Gujarat Govt renames dragon fruit as Kamalam; here's the reason

Decks cleared for Biden-Harris Administration's takeover; Kamala to take oath