Business news

OPEC to stick to policy of not limiting production says Iraq's oil minister

Output reduction aimed at boosting oil prices would have to be coordinated with non-members.

Dec 21, 2015

Accel Partners partially offloads stake in Flipkart for Rs 650 crore: Report

Accel-QIA deal could be a "routine" year-end exercise, according to an investor.

Dec 21, 2015

GST benefits will be brought another way to industry: Goyal

The government will "find another way" to bring benefits of the law to industry, he said.

Dec 20, 2015

Listed firms spent Rs.6,400 crore in 2014-15 on CSR: CII

Over 90 percent of 1,181 companies in a survey complied with the CSR norms.

Dec 20, 2015

Volkswagen plans job rotation for key roles to improve oversight

VW said in September it had cheated U.S. emissions tests and installed software capable of deceiving regulators.

Dec 20, 2015

Toshiba to announce net loss for fiscal year 2015-16

Official announcement of the company's losses, amid worst crisis to hit the company, may come as early as Monday.

Dec 20, 2015

Mobile call rates slashed by 80% for new BSNL customers

The scheme will be available for the first two months of registering for BSNL network.

Dec 20, 2015

Banks to consider soft loan for housing, vehicles, crop damage, says Jaitley after meeting Jayalalithaa

Arun Jaitley visited flood-battered Chennai to offer financial aid for the flood-affected victims.

Dec 20, 2015

Four interest rate hikes in 2016 to be gradual: Richmond Fed President Jeffery Lacker

The Fed raised the range of its benchmark interest rate by a quarter of a percentage point on Wednesday.

Dec 20, 2015

Reliance Jio to launch 4G for employees first on 27 December

Bollywood actor Shah Rukh Khan and musician A R Rahman will host the Reliance Jio 4G launching function.

Dec 19, 2015

Railways paid extra cost of Rs 1.07 lakh crore for delay in completion of projects

"There was lack of consistency in prioritisation of projects," the CAG said.

Dec 19, 2015

SpiceJet continues to fly high, domestic air traffic figures reveal

The PLF for SpiceJet has been the highest among all domestic carriers since April.

Dec 19, 2015

US regulator warns Sun Pharma over violation of norms at Halol plant

The US drug watchdog has withheld approvals for products manufactured at Halol plant since September 2014.

Dec 19, 2015

Sensex gains touch two-month high

The markets had factored-in the US Federal Reserve rate hike and as a result there was no panic selling.

Dec 19, 2015

Indian equities: FIIs were net sellers day after US Fed hiked interest rate

The Sensex gained 309 points on the day.

Dec 19, 2015

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