Business news

LIC Rescues Government's 10% Stake Sale in Indian Oil Corporation

Many analysts viewed the government's move to sell stake in IOC as "ill-timed".

Aug 26, 2015

Modi Government to Give Special Package to Andhra Pradesh, Not 'Special Status'

"Status is not a sanjivini (cure for all ailments)," says AP chief minister Chandrababu Naidu

Aug 26, 2015

Krish Shankar is First External Candidate to be Appointed Infosys Global HR Head: Report

Krish Shankar, who is currently HR head for South Asia at Philips India, will join Infosys in October

Aug 26, 2015

Play

China stock market crash explained in 90 seconds

IBTimes UK explains what the shares slump in China means for investors.

Aug 25, 2015

China Cuts Interest Rate by 25bps as Stock Markets Slump for Second Straight Day

The Chinese central bank also lowered reserve requirement ratio by 0.5%.

Aug 25, 2015

Sensex Not Bottomed Out, Losses May Extend by Another 1,000 Points

Some analysts expect the stock markets to fall by another 3-5% in the near-term.

Aug 25, 2015

Global Economy Not Facing Recession Threat Despite China's Slump: Goldman Sachs

Goldman Sachs said that lower oil prices are mainly "a reflection of excess supply rather than weak demand."

Aug 25, 2015

Asian Shares Recover from Three-year Lows While China's Suffering Continues

Mainland Chinese shares had another calamitous day, with the Shanghai Composite Index falling another 7% and breaking below the key psychological level of 3,000

Aug 25, 2015

Sensex, Nifty Rally From One-Year Lows on Tax Reform Hopes

The benchmark BSE Sensex was up 0.97% after earlier falling as much as 1.7% to its lowest since 8 August, 2014.

Aug 25, 2015

Muthoot Capital Services Shares Now Trade on NSE

Currently the shares of MCSL are traded in Bombay Stock Exchange (BSE).

Aug 25, 2015

Indian Share Market Opens Higher at 25,916.26 Points after Monday Mayhem

Indian share markets opened higher on Tuesday, a day after the mayhem in the global financial markets.

Aug 25, 2015

Boeing Likely to Cut 'several hundred' Jobs in Satellite Division by Year-end

The reductions are said to be "necessary to remain competitive for ongoing and future business."

Aug 25, 2015

From Five-and-a-Half-Year Low to Three-Month High, Gold Glitters Amid Global Turmoil

Overall, gold prices rebounded by nearly Rs 3,000 since 1 August.

Aug 24, 2015

Rupee Hits Fresh Two-year Lows, RBI Governor Rajan Says Ready to Arrest Further Fall

Overall, the rupee has fallen by 4% in the past two weeks

Aug 24, 2015

Sensex Slumps Over 1,600 Points in its Biggest Fall in 7 Years; Nifty Tanks About 500 Points

Indian rupee also hit a fresh two-year low of Rs 66.47 against US dollar amid huge outflows from the domestic stock markets.

Aug 24, 2015

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