Business news

Vijay Mallya makes a new settlement offer of Rs. 6,868 crore

Mallya told the Supreme Court Rs. 1,591 crore could be deposited upfront by selling off shares in United Spirits and Airbus.

Apr 22, 2016

Microsoft revenue, profit misses estimates

Two of Microsoft's three major businesses showed lower operating profits led by intelligent cloud division.

Apr 22, 2016

Google's parent Alphabet results hit by rising traffic costs, strong dollar

The results, which were also hit by the strong dollar, drove shares of the Web search company down 6 percent in late trading Thursday.

Apr 22, 2016

Oil: Three reasons why you should invest in oil companies despite Doha failure

Despite the Doha Opec meeting failing to freeze oil output, there are many reasons why oil prices can recover.

Apr 21, 2016

Bombay Rayon Fashions directors embezzled Rs. 1.90 crore in alleged PF fraud

Three directors of Bombay Rayon Fashions allegedly misappropriated Rs. 1.90 crore belonging to their employees' provident fund.

Apr 21, 2016

Dredging Corp of India awaits Rs. 20,000 crore business opportunity: Analyst

State-run Dredging Corporation of India is expected to benefit from initiatives such as "Sagarmala" and "Clean Ganga."

Apr 21, 2016

TCS added more employees than Wipro and Infosys put together in FY16

Tata Consultancy Services Limited added 34,187 employees on a net basis, more than 17,857 by Infosys and 14,695 by Wipro in 2015-16.

Apr 21, 2016

SEBI grants conditional nod to RBL Bank IPO

The Kolhapur-based bank is planning to raise about Rs. 1,100 crore through the proposed IPO.

Apr 21, 2016

Mexico: Oil plant explosion in Veracruz kills three and injures at least 30 others

Apr 21, 2016

Crude oil prices fall as major producers hint at output hike

Russia said on Wednesday it was prepared to push oil production to historic highs, just days after a global deal to freeze output levels collapsed.

Apr 21, 2016

Qualcomm profit forecast misses estimates as chip shipments drop

Qualcomm said it expects chip shipments to fall 13-22 percent to 175-195 million in the current quarter.

Apr 21, 2016

Wipro Q4 net profit falls 1.6%; company raises Q1 FY2017 IT revenue guidance to $1,901-1,939 million

Bengaluru-based Wipro announced its fourth-quarter and annual results for 2015-16 on Wednesday, including a share buy-back programme.

Apr 20, 2016

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Wipro announces decision to buy back 40 million shares

Wipro informed stock exchanges on Monday about the decision to buy back the shares for an amount not exceeding Rs. 2,500 crore.

Apr 20, 2016

Sugar production declines 2 million tonnes in India during October-April

India, the world's second-largest sugar producer, produced 24.3 million tonnes during October 2015-April 2016, down 8 percent (YoY).

Apr 20, 2016

Google gets lease of 100,000 sq ft office space in Bengaluru: Report

Google recently signed an agreement to lease office space at the Bagmane World Technology Centre in Bengaluru.

Apr 20, 2016

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Business news

Vijay Mallya makes a new settlement offer of Rs. 6,868 crore

Microsoft revenue, profit misses estimates

Google's parent Alphabet results hit by rising traffic costs, strong dollar

Oil: Three reasons why you should invest in oil companies despite Doha failure

Bombay Rayon Fashions directors embezzled Rs. 1.90 crore in alleged PF fraud

Dredging Corp of India awaits Rs. 20,000 crore business opportunity: Analyst

TCS added more employees than Wipro and Infosys put together in FY16

SEBI grants conditional nod to RBL Bank IPO

Mexico: Oil plant explosion in Veracruz kills three and injures at least 30 others

Crude oil prices fall as major producers hint at output hike

Qualcomm profit forecast misses estimates as chip shipments drop

Wipro Q4 net profit falls 1.6%; company raises Q1 FY2017 IT revenue guidance to $1,901-1,939 million

Wipro announces decision to buy back 40 million shares

Sugar production declines 2 million tonnes in India during October-April

Google gets lease of 100,000 sq ft office space in Bengaluru: Report

Amit Shah setting stage for BJP ahead of polls in J&K; to focus on Pahari-Muslims during visit [details]

Nitishwar Kumar posted as Addl Secy in Ministry of WCD; 8 other bureaucrats get new posting [details]

Sunny Deol's Chup surprises with box office numbers; bags ₹2 crores on third day [details]