Business news

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

Here is a unique opportunity for overseas Indian students

Postgraduate overseas Indian students will get a chance to work with 23 Indian MNCs as paid interns.

Dec 2, 2015

Karnataka woos aerospace companies to set up MRO facility in Bengaluru

The Kempe Gowda International Airport has about 450 passenger and cargo aircraft movements daily.

Dec 2, 2015

Tata Steel raises $1.5 billion for refinancing debt

While $750 million is in the form of a 5-year loan, the remaining carries a tenor of 6 years.

Dec 2, 2015

Benchmark indices trade lower, fall led by IT, banking stocks

Trading had begun on a positive note on Wednesday.

Dec 2, 2015

Gas worth Rs.11,000 cr migrated from ONGC to RIL fields: Report

The volume of gas belonging to ONGC which RIL has produced comes out to worth $1.7 billion.

Dec 2, 2015

KKR, Thoma Bravo, Vista Equity in race for $4 billion worth of Dell Inc's assets

Divesting these assets would help Dell bolster its balance sheet after its buy out of data storage company EMC Corp.

Dec 2, 2015

Yahoo preparing to sell off its core Internet business: report

Future of the company and that of high-profile Chief Executive Marissa Mayer in doubt.

Dec 2, 2015

Edmund Shing on defence spending

Dec 2, 2015

Durex launches campaign for safe sex emoticon

Condom maker Durex says it is calling for the creation of a safe sex emoji and presenting an official submission to emoticon maker Unicode on Tuesday (1 December), World AIDS Day.

Dec 1, 2015

7th pay panel recommendations may only be implemented in mid-2016: Macquarie India

Implementation of the previous pay panel recommendations was delayed by 2.5-3 years.

Dec 1, 2015

Gold rebounds strongly on increase in physical demand

Overall, international gold prices registered 7% decline in November.

Dec 1, 2015

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