Business news

New Service Tax of 14% will Make Food, Travel, Phone Bills Costlier from 1 June

A raise in service tax is also applicable on insurance, telephone bills, air travel and others.

May 20, 2015

SpiceJet Offers Discounts On Completion of Ten Years; to Raise ₹900 Crore

The airline is in talks with private equity firms and banks to raise funds.

May 19, 2015

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Edmund Shing: HSBC and Co-op Bank do battle as sub-1% mortgage wars break out

HSBC is offering first sub-1% mortgage with an initial rate of 0.99% on its two-year discount special mortgage.

May 19, 2015

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US: Protesters gather in Seattle to block access to Shell oil rig

About 200 protesters gathered at the Port of Seattle on Monday (18 May) to block access to a Royal Dutch Shell drilling rig headed for the Arctic this summer to resume exploration for oil and gas reserves.

May 19, 2015

Samsung and Xiaomi Lead India's 4G Smartphone Market, Lenovo A6000 Becomes Most Sold Device: CMR Report

Apple came down to the 3rd position while other smartphone makers like Huawei, ZTE and BlackBerry made a debut in the segment

May 19, 2015

Housing.com CEO Rahul Yadav to Appear in AMA Session on Reddit

Users can ask him about anything in the session.

May 18, 2015

Will Renewed Middle East Tensions Have Impact on Crude Oil Supplies?

Analysts believe that tensions will not have much effect on the crude oil supplies.

May 18, 2015

L&T Plans to Spend $1 billion on Acquiring IT Firms

The acquisitions will help its subsidiary L&T Infotech get better valuations when it opts for listing.

May 18, 2015

Infosys Likely to Appoint Board Member Seshasayee as Interim Chairman

Infosys is expected to finalise the next non-executive chairman within 2-3 weeks.

May 18, 2015

LIC Raises Exposure in 12 Sensex Firms

LIC has increased its stake in state-owned miner Coal India to a maximum of 4.65 per cent worth Rs 10,754 crore.

May 17, 2015

Infosys CEO Sikka Looks to Increase Revenues from China to $1bn by 2020

Sikka aims to increase revenues from China to $1 billion from current $120 million

May 17, 2015

Wipro Using 'Soft robots' To Automate Helpdesk, Recruitment Functions

Wipro seems to be speeding up its automation moves across the company.

May 16, 2015

India set to Become World's Top Gold Consumer in 2015; China to Lag Behind as Investors Shift to Stocks

Gold consumption in India expected to increase by 23 percent to 1,000 tonne in 2015, says WGC.

May 16, 2015

GST Likely to Increase Costs for E-Commerce Firms Flipkart, Snapdeal by 10-15%

Industry watchers say that the e-commerce sector might be impacted more once the GST is implemented.

May 16, 2015

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Brazil: Health minister confirms dengue outbreak an ‘epidemic’

Brazils Health Minister Arthur Chioro on Thursday (14 May) said the country was technically facing a dengue fever epidemic.

May 15, 2015

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