Business news

India's e-commerce to generate 2.5 lakh jobs in 2016: Assocham

Mobile-commerce, or m-commerce, is expected to grow rapidly in the country as businesses look to gain more market share.

Feb 5, 2016

PS4 sales to help improve Sony's profitability: Fitch Ratings

However, Fitch expects Sony's mobile profitability to remain fragile on account of slower growth and increased competition in the global smartphone market.

Feb 5, 2016

Market rout compels 6 firms to delay IPOs

The Financial Express reported that some firms might even contemplate trimming their issue size.

Feb 5, 2016

Baba Ramdev's Patanjali emerges India's top brand, pips Cadbury, Parle

Patanjali Ayurved was rated as India's top brand by BARC India, a television audience viewership measurement agency.

Feb 5, 2016

IKEA plans 4 stores in Karnataka valued at Rs 2,000 crore

The four IKEA stores in Karnataka will provide employment to 2,000 people.

Feb 5, 2016

Companies may get tax sops for job creation

A senior government official told the Economic Times that companies will have to increase headcount by 2 percent to avail the benefit.

Feb 5, 2016

LinkedIn forecasts weak first-quarter profit, shares plunge

The company reported its slowest growth in quarterly online ad revenue in more than two years.

Feb 5, 2016

SBI, Thomas Cook India launch holiday savings accounts to woo travellers

The bank's online customers can pre-select a holiday from Thomas Cook and save for it through a recurring deposit with the bank.

Feb 4, 2016

Air India Express expects net profit of Rs 200 crore in FY16

In order to improve its profitability, the company plans to convert rupee loans into dollar loans.

Feb 4, 2016

Lafarge puts entire India cement business on the block

The latest announcement from Lafarge comes after its attempt to sell part of the business to Birla Corp failed.

Feb 4, 2016

Aviation stocks crash on rebound in crude oil prices

Fuel costs account for around 40%-50% of the operating costs of aviation companies.

Feb 4, 2016

Bajaj Auto Q3 net profit up 4.7%; revenues fall marginally

The dip in revenues was mainly on account of a fall in exports, while other income boosted net profit.

Feb 4, 2016

Why Shell and BP could benefit from oil industrys renaissance

Shell and BP to benefit from oil renaissance?

Feb 4, 2016

RBS abandons sale of its India banking operations

The bank may now opt for selling individual parts of the business as it gradually shuts down its local operations.

Feb 4, 2016

Budget session starts from Feb. 23, Union Budget on Feb. 29

The Railway Budget will be presented on 25 February, followed by Economic Survey on Feb. 26.

Feb 4, 2016

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Business news

India's e-commerce to generate 2.5 lakh jobs in 2016: Assocham

PS4 sales to help improve Sony's profitability: Fitch Ratings

Market rout compels 6 firms to delay IPOs

Baba Ramdev's Patanjali emerges India's top brand, pips Cadbury, Parle

IKEA plans 4 stores in Karnataka valued at Rs 2,000 crore

Companies may get tax sops for job creation

LinkedIn forecasts weak first-quarter profit, shares plunge

SBI, Thomas Cook India launch holiday savings accounts to woo travellers

Air India Express expects net profit of Rs 200 crore in FY16

Lafarge puts entire India cement business on the block

Aviation stocks crash on rebound in crude oil prices

Bajaj Auto Q3 net profit up 4.7%; revenues fall marginally

Why Shell and BP could benefit from oil industrys renaissance

RBS abandons sale of its India banking operations

Budget session starts from Feb. 23, Union Budget on Feb. 29

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