Business news

Air Carnival's first flight to take off on July 18 from Coimbatore to Chennai

Initially, the company will focus on South Indian market for a year and then it plans to expand to other parts of the country.

Jul 17, 2016

UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactions

The probe could lead to fines and other penalties if lapses are found.

Jul 17, 2016

PE investors see investment opportunity in India's troubled steel sector

Nearly one third of $46 billion bank loans given to country's steelmakers have turned sour in fiscal 2016, says a report by Bloomberg.

Jul 17, 2016

Investors to infuse Rs 234 crore in AirAsia India

The latest round of funding for AirAsia India is yet to take place.

Jul 17, 2016

Wipro Q1 FY2017 results: Azim Premji-led company in focus after TCS, Infosys

Wipro, which had given a IT revenue guidance of $1,901 to $1,939 million for the June 2016 quarter, will announce results on Tuesday.

Jul 16, 2016

Coca-Cola to offer coffee, milk as breakfast beverage: Report

The cola giant will sell packaged coffee beans of the arabica variety in Brazil, where it will also acquire a dairy product maker.

Jul 16, 2016

indian economy, india forex reserves, rbi data, india stock markets, indian rupee vs us dollar

Foreign investors buy equities worth $664 million in July

The net investment in Indian equities by FIIs/FPIs between 1 and 15 July was $663.52 million (Rs. 4,463.65 crore).

Jul 16, 2016

Employees work on an assembly line of Hero Motocorp during a media tour to the newly opened plant in Neemrana, in the desert Indian state of Rajasthan, Oct.20, 2014.

Hero Motocorp shares rise higher than TVS Motor Co. and Bajaj Auto in one year

Hero Motocorp, which launched its first in-house vehicle Splendor iSMART110, has had a good run at the Indian stock markets.

Jul 16, 2016

Reliance Q1 net profit up 18% to $1.1 billion, beats estimates

The gross refining margin on each barrel of crude processed was $11.5 in the June quarter, compared to $10.4 a year earlier.

Jul 15, 2016

Infosys reintroduces employee stock option; attrition up by 3 percent in Q1 FY17

Infosys to reward 7,500 junior to mid-management employees with stock option, says UB Pravin Rao, COO, Infosys.

Jul 15, 2016

Idea to offer up to 45% more internet on all existing mobile internet packs

The offer appears to target small time mobile internet subscribers with data packs below 1 GB across 4G, 3G and 2G networks.

Jul 15, 2016

Infosys CEO Vishal Sikka says Brexit could open up revenue growth opportunities

Sikka said fresh demand for IT services from other countries from the European Union could open new windows of opportunities.

Jul 15, 2016

PNB shares rally 13.3% since RBI okays foreign investment into state-run bank

PNB shares are surging on account of its housing subsidiary filing an IPO and a seven-year old restriction on receiving foreign funds being struck off.

Jul 15, 2016

gold bars, gold prices, trump policies, strong us dollar, gold demand, gold consumption

Sovereign Gold Bond Scheme: Things to know about the fourth issue that opens on July 18

The fourth tranche (issue) of the Sovereign Gold Bond Scheme will open on July 18, the RBI said on Thursday.

Jul 15, 2016

ICICI Prudential Life plans for Rs. 5,000 crore IPO: Report

ICICI Prudential's public listing alongside Vodafone's $2.5 billion IPO will be India's big-ticket offers scheduled before the 2016 end.

Jul 15, 2016

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Business news

Air Carnival's first flight to take off on July 18 from Coimbatore to Chennai

UBS, DBS, Falcon face Singapore scrutiny over 1MDB transactions

PE investors see investment opportunity in India's troubled steel sector

Investors to infuse Rs 234 crore in AirAsia India

Wipro Q1 FY2017 results: Azim Premji-led company in focus after TCS, Infosys

Coca-Cola to offer coffee, milk as breakfast beverage: Report

Foreign investors buy equities worth $664 million in July

Hero Motocorp shares rise higher than TVS Motor Co. and Bajaj Auto in one year

Reliance Q1 net profit up 18% to $1.1 billion, beats estimates

Infosys reintroduces employee stock option; attrition up by 3 percent in Q1 FY17

Idea to offer up to 45% more internet on all existing mobile internet packs

Infosys CEO Vishal Sikka says Brexit could open up revenue growth opportunities

PNB shares rally 13.3% since RBI okays foreign investment into state-run bank

Sovereign Gold Bond Scheme: Things to know about the fourth issue that opens on July 18

ICICI Prudential Life plans for Rs. 5,000 crore IPO: Report

"All is well": Salman Khan hugs Vicky Kaushal; latter reacts to Bhaijaan's bodyguards pushing him [watch]

Opposition's boycott campaign fails to get response from J&K [details]

Ahead of opening tomorrow, security beefed up near new Parliament House