Business news

Sensex down 600 points this week on GST logjam, looming US Fed rate hike

Investors are now skeptical over Parliament's approval for GST bill following the controversy over the National Herald case.

Dec 12, 2015

Telcos already facing heat from impending Reliance Jio launch

"The market continues to underestimate the disruption from new entrant RJio," said Vinay Jaising, analyst at Morgan Stanley.

Dec 12, 2015

TCS top wealth creator for investors in the last five years: Study

As many as eight of the top 10 wealth destroying firms are doing commodity business.

Dec 12, 2015

Coca-Cola may close plants in India if 40% tax on soft drinks is approved

Currently, the aerated drink makers pay an excise duty of 18%.

Dec 11, 2015

Flipkart stops selling e-books due to poor response

Indian users not yet ready to adopt the e-book format.

Dec 11, 2015

Tata Group to launch its e-commerce portal soon: Report

Tata UniStore Ltd's online portal will offer over 100 brand stores, the group said.

Dec 11, 2015

Infosys to come back to industry-leading growth path: Vishal Sikka

Infosys would see a 'more pronounced' once new initiatives taken by it start yielding results, the company said.

Dec 11, 2015

France regional elections 2015: Can Front National pull off a historic victory?

Front National are leading the regional elections in 6 out of 13 regions. But can they really win one?

Dec 10, 2015

FDA approves XSTAT bullet would-plugging device for civilian use

The US Food and Drug Administration has approved the civilian use of the XSTAT Rapid Haemostasis System, which can stop the bleeding from an open gunshot wound in 15 seconds.

Dec 10, 2015

Is there any steam left in IndiGo owner shares after a strong debut?

In the past month, the scrip touched a high of Rs 1,145.75 and a low of Rs 878.45.

Dec 10, 2015

Sensex rebounds by 213 points on bargian hunting

Market observers said that short coverings of position by investors led the relief rally.

Dec 10, 2015

TCS to give Rs 1,100 crore as interest free loans to flood-hit employees in Chennai

TCS will recover advances given to its employees in 12 months after 1 April, 2016.

Dec 10, 2015

Salman Khan 2002 hit-and-run case: Actor's acquittal lifts Eros International stock on BSE

The share spurts from Rs 229 at 1:30 pm to Rs 242 within minutes of the news of the verdict.

Dec 10, 2015

What's behind SpiceJet's turnaround from a near collapse?

The turnaround has led to over 260% increase in its shares so far this year.

Dec 10, 2015

Google: How â€˜needle-freeâ€™ blood-drawing watch would work

Speculation that Googleâ€™s next piece of wearable technology will be a blood-drawing smartwatch that helps diabetics monitor blood-sugar levels is growing, after the tech giant filed a patent application for the device. The gadget described in the patent works by pricking the finger and drawing blood without using a needle.

Dec 9, 2015

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