Business news

PM Modi, Google CEO Sundar Pichai among contenders for 'Time Person of the Year 2015'

Modi has already secured 1.3% of the votes in the current poll.

Nov 19, 2015

Businesses cannot reject new 100-yuan note, warns Chinese central bank

Many businesses refused it because money-scanning machines cannot identify the latest counterfeit features.

Nov 19, 2015

Shares of Chettinad Cement fraudulently transferred, alleges MD M A M R Muthiah

The relationship between M A M R Muthiah and M A M Ramaswamy soured so much the latter disowned the former as his son.

Nov 19, 2015

Cabinet approves sale of 10% stake in Coal India, seeks $3 billion

India has raised just about $2 billion or less than 20% of its disinvestment target, so far this year.

Nov 19, 2015

Toyota aims upmarket in India, where no-frills cars rule

Toyota sold 141,347 vehicles in the year to end-March - a fraction of the 1.2 million sold by Maruti.

Nov 19, 2015

Twitter CEO's Square Inc shares priced 25% below expectation for IPO

Square Inc priced shares at $9 for its IPO as the company struggled to win over investors.

Nov 19, 2015

Cane farmers to get direct subsidy of Rs 4.50 per quintal towards arrears

The decision will work out to a dole of around Rs.1,000 crore.

Nov 18, 2015

Central government approves Cochin Shipyard's Rs 33,984 crore IPO

The disinvestment is in line with the government's earlier decision on the issue.

Nov 18, 2015

Black Friday 2015: Top tips to get the best deals this year

Edmund Shing gives his advice on how to make the most of this years Black Friday.

Nov 18, 2015

Sensex tanks 380 points as gun firing triggers concerns over Paris

Falling commodity prices also led the sell-off.

Nov 18, 2015

Cab service provider Ola raises $500 million for expansion plans

The round of funding was led by venture firm Baillie Gifford and other venture firms.

Nov 18, 2015

Security jitters drive European investors back to safe havens

Paris attack developments kept the market focused on international security issues.

Nov 18, 2015

Ford to expand SUV vehicle portfolio, capitalise on market growth

United Auto Workers union officials, analysts say Ford may use a Michigan factory to build its new SUV.

Nov 18, 2015

Railways increases minimum ticket fare from Rs 5 to Rs 10

The hike is to prevent misuse of these tickets by people who avoid buying platform tickets.

Nov 18, 2015

SAP formally launches digital literacy centres in 12 Indian cities

About 7,000 men and women have been trained in these centres since January.

Nov 18, 2015

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