Business news

SAIL sets sales target of 17 million tonnes for present fiscal

Steel Authority of India Ltd. also plans to expand its presence in the defence and aerospace sectors.

May 23, 2016

Dollar falls vs yen after Japan logs larger-than-expected trade surplus

The greenback was down 0.5 percent at 109.720 yen, pulling back from a three-week high of 110.59 scaled on Friday.

May 23, 2016

Oil prices dip on strong dollar, firm global supplies

Brent futures LCOc1 were down 14 cents at $48.58 a barrel as of 0154 GMT, after ending the previous session 9 cents down.

May 23, 2016

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SpiceJet considering listing shares on National Stock Exchange

SpiceJet chairman Ajay Singh said the share listing on the NSE will help it widen reach and enhance credibility.

May 22, 2016

Godrej Properties construction real estate

Godrej Group aims to more than double its size by 2020

The Mumbai-based FMCG company expects its growth to be driven largely by organic and inorganic expansions in domestic and foreign markets.

May 22, 2016

Who are India's Top Ten highest paid executives? [SLIDESHOW]

As India Inc. starts filing annual reports for 2015-16, salary details of top executives will gain attention. Here's a look at India's 10 highest paid executives in FY2015.

May 22, 2016

Air India offers new discount scheme to woo passengers

The limited-period scheme of all-inclusive airfares of Rs. 1,499 is valid between May 21 and 25.

May 22, 2016

Viacom says its board has not had access to Redstone

Many attempts by Viacom's board to meet with Sumner Redstone have been denied, Viacom said.

May 22, 2016

H&M says working to improve labour conditions in India, Cambodia factories

The study found workers stitching clothes for H&M in factories in Delhi and Phnom Penh faced forced overtime, low wages problems.

May 22, 2016

Bayer's Monsanto takeover to be upwards of $63 billion: Bloomberg

Monsanto, the seed-selling firm, will fetch its investors $120 to $150 a share if the deal goes through.

May 21, 2016

Monsanto to bear the brunt of India's new rules on sale of GM cotton seeds

The U.S. headquartered company is the lone supplier of GM cotton seeds in India, reports Reuters

May 21, 2016

SWIFT tells banks to share information on hacks

Banks use secure SWIFT messages for issuing payment instructions to each other.

May 21, 2016

EU regulators to conditionally clear AB Inbev, SABMiller deal: Sources

The Belgium-based maker of Budweiser, Corona and Stella Artois is looking to boost its presence in Africa and Latin American countries to offset weaker markets such as the United States.

May 21, 2016

Nokia cuts over 1,000 jobs in Finland

Finland's biggest company has cut thousands of jobs in its home country over the past decade as its once-dominant phone business was eclipsed by the rise of smartphone rivals.

May 21, 2016