Business news

Volkswagen: First UK emissions rigged car sold in 2008

Volkswagen (VW) first sold a diesel vehicle in Britain equipped with software which rigged the result of emissions tests in 2008, its managing director for the country said on 12 October.

Oct 13, 2015

Gold up on US rate hike delay speculation

The precious metal rose on Monday as traders reacted to an increasing belief that the US Federal Reserve will not raise interest rates this year.

Oct 13, 2015

Amazon's Great Indian Festive Sale 2015 set to begin; What to expect at event

Amazon's Great Indian Festive Sale event is all set to kick off and several devices like OnePlus 2 will be up for sale.

Oct 12, 2015

Play

Brain trauma widespread among high school American football players

American football is a dangerous sport, even with the best protective gear. Sprained knees, pulled muscles and an occasional broken bone are part of the game, but seven years of research into the impact of head trauma in high school players points to new dangers that parents will find extremely alarming.

Oct 12, 2015

'Make in India': OnePlus partners with Foxconn to make smartphones locally

Foxconn will manufacture handsets for OnePlus at its facility in Sri City, in the southern part of Andhra Pradesh.

Oct 12, 2015

Minnow Dell swallows EMC whale in historic tech industry deal

Dell and private equity firm Silver Lake are to buy EMC for a price tag of about $67 billion in the largest deal in technology industry history.

Oct 12, 2015

Market watch: Sensex sheds 175 points after Infosys trims revenue guidance

Infosys shares fell nearly 4% to close at Rs 1,122 on the BSE on Monday.

Oct 12, 2015

US court asks DuPont to pay $1.6 million to victim of toxic contamination

Other legal suits in the pipeline will result in punitive damages against DuPont, say lawyers.

Oct 12, 2015

TCS Q2 results in focus after stellar Infosys earnings

Investors will closely watch TCS revenue from digital space that accounted for 12.5% of its overall revenues in the June quarter.

Oct 12, 2015

Vodafone to offer 4G services in Mumbai by Dec 2015

Vodafone India has partnered with leading global technology infrastructure service providers for the network roll-out.

Oct 12, 2015

Coffee Day, Indigo to push IPO market activity to 4-year high

In contrast, only 6 IPOs were launched last year to raise just Rs 1,261 crore.

Oct 12, 2015

Infosys shares plunge after company cuts dollar revenue guidance

In a surprise move, the company's chief financial officer Rajiv Bansal announced his resignation.

Oct 12, 2015

CSC group gives $400 mn for India-born angel investor to drive US start-ups

Naval Ravikant's AngelList is getting $400 million from China's CSC Venture Capital.

Oct 12, 2015

Infosys posts 9.8% growth in net profit in Q2

Infosys Ltd on Monday reported net profit of Rs.3,398 crore for second quarter (July-September).

Oct 12, 2015

Oil edges up on lower U.S. rig count, weaker dollar

Since hitting an all-time high of 1,609 during this week a year ago, weekly rig count reductions have averaged 20.

Oct 12, 2015

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