Business news

Crude inches up on report of proposed Saudi oil deal

Saudi Arabia wants non-OPEC counties participate in the deal.

Dec 3, 2015

Bond yields slump on RBI's OMO plan to infuse liquidity

At 9:08 a.m., the benchmark 10-year bond yield was down 5 basis points at 7.69%.

Dec 3, 2015

India in talks with Mauritius on tax treaty issues, says finance ministry official

The information was given by Akhilesh Ranjan, joint secretary in the tax department.

Dec 3, 2015

OPEC meeting to put further pressure on crude oil prices: Commerzbank

Overall, oil prices have fallen by over 60% since June 2014.

Dec 2, 2015

Air India raises $300 million loan through ECB

The loan will be utilised for working capital requirements.

Dec 2, 2015

IT company employees using legacy technologies fear for their jobs

Experts say contribution of legacy technologies to IT business to decline in the coming years.

Dec 2, 2015

Sensex, Nifty close day with losses; FIIs turn net sellers for 15 straight days

Godfrey Phillips, Jet Airways, Crompton Greaves and Bajaj Holdings hit new 52-week high.

Dec 2, 2015

Chennai floods: Shares of auto, IT, cement companies affected by disruption

Hyundai, Renault suspend operations; Assocham says financial loss may exceed Rs 15,000 crore.

Dec 2, 2015

Boeing, Tata Advanced Systems to make Apache fuselage in Hyderabad

Sukaran Singh, CEO and MD, TASL, said the joint venture would be a big push for 'Make in India' programme.

Dec 2, 2015

Hate Story 3, Kya Kool Hai Hum 3, Half Girlfriend at Censor Board's mercy

The Board's prudish approach could hit listed firms such as Eros International and Balaji Telefilms.

Dec 2, 2015

After IMF nod, China's Yuan needs more users to meet the 'freely usable' test

Some economists predict the IMF inclusion will boost demand for the yuan by more than $600 billion.

Dec 2, 2015

Government considers gold exchange for transparent trade, lower imports

A jeweller who needs gold temporarily can buy it locally instead of importing it, says economic affairs secretary.

Dec 2, 2015

Nissan eyes Renault stake to block interference by French govt: Nikkei

Paris raised its stake in Renault from 15 to 19.7% in April to secure double voting rights in the carmaker.

Dec 2, 2015

Ceat rises sharply on news of tie-up with Pirelli

Ceat will distribute Pirelli premium motorcycles tyres in India using its dealer network.

Dec 2, 2015

PF amount can now be claimed without employers' consent

The EPFO have received complaints about employers misusing their approval authority to "harass" the employees.

Dec 2, 2015

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