Business news

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Cyrus Mistry quits all Tata Group companies ahead of Tata Steel, IHCL EGMs

On Monday, the former chairman of Tata Sons — Cyrus Mistry — announced his decision to resign from all Tata Group positions.

Dec 19, 2016

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Axis Bank finalises schedule for Q3 results; Oil India fixes record date for bonus shares

Axis Bank is facing embarrassment for alleged frauds, fake accounts and flouting norms ever since demonetisation.

Dec 19, 2016

UP Assembly elections 2017: Rahul Gandhi bats for farmers again; how big is his strategy?

Rahul Gandhi is looking to woo farmers big time before the elections as they make a large vote bank in the state.

Dec 19, 2016

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Iran finalises deal to buy 100 aircraft from Airbus for $10 billion

The deal to buy aircraft comes after months of negotiations between Airbus and Iranian government officials.

Dec 19, 2016

Vijay Mallya's Kingfisher House auction fails for the third time

The consortium of banks found no takers since no buyer came forward to bid for the property.

Dec 19, 2016

SAIL expects higher sales on rising output, plans to double exports in 2017

The steel major has almost completed capacity expansions and expects a quantum jump in production as well as in sales going ahead.

Dec 19, 2016

Laurus Labs IPO: Shares list at 14.5% premium over issue price on NSE

The Hyderabad-based pharma company's Rs 1,332 crore IPO was oversubscribed 4.54 times with sound retail participation.

Dec 19, 2016

Budget 2017: Railways plans new Mumbai-Goa superfast train; separate agency to recommend fares

Railways will also provide Rs 40,000 crore for city projects to develop and strengthen the network and ensure speedy transit.

Dec 19, 2016

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Indian markets slip in morning trade amid selling by investors, funds

BSE Sensex is currently trading lower by 100 points to 26,390, while the Nifty 50 is 27 points down to 8,112.

Dec 19, 2016

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NSE new CEO: National Stock Exchange may hire an outsider for top job after Chitra Ramkrishna's sudden exit

The NSE may look for an external candidate as it has no one from the current talent pool to potentially replace Ramkrishna.

Dec 19, 2016

Oil prices rise in anticipation of tighter 2017 market

Traders said the higher prices in front-month crude futures were due to expectations of a tighter market.

Dec 19, 2016

SpaceX seeks to launch over 4000 satellites

Is SpaceX CEO Elon Musk serious about starting a new company to reduce traffic by digging tunnels?

The Tesla Motors CEO, frustrated by sitting in traffic, said he is ACTUALLY going to form A Boring Company to dig tunnels and reduce traffic.

Dec 18, 2016

Budget 2017 will focus on encouraging public, private spending: Arun Jaitley

Jaitley said spending boost is required to satisfy India's aspiration to increase GDP growth and become a developed economy.

Dec 18, 2016

British Airways strike: Cabin crew to strike on Christmas and Boxing Day over low pay

The Unite union has said that thousands of British Airways cabin crew members will go on strike because of "poverty pay and broken promises."

Dec 17, 2016

US Federal Reserve needs more than 3 rate hikes next year: Jeffrey Lacker

As per this key member of the US Federal Reserve, more hikes would be required to contain any spike in inflation.

Dec 17, 2016

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Business news

Cyrus Mistry quits all Tata Group companies ahead of Tata Steel, IHCL EGMs

Axis Bank finalises schedule for Q3 results; Oil India fixes record date for bonus shares

UP Assembly elections 2017: Rahul Gandhi bats for farmers again; how big is his strategy?

Iran finalises deal to buy 100 aircraft from Airbus for $10 billion

Vijay Mallya's Kingfisher House auction fails for the third time

SAIL expects higher sales on rising output, plans to double exports in 2017

Laurus Labs IPO: Shares list at 14.5% premium over issue price on NSE

Budget 2017: Railways plans new Mumbai-Goa superfast train; separate agency to recommend fares

Indian markets slip in morning trade amid selling by investors, funds

NSE new CEO: National Stock Exchange may hire an outsider for top job after Chitra Ramkrishna's sudden exit

Oil prices rise in anticipation of tighter 2017 market

Is SpaceX CEO Elon Musk serious about starting a new company to reduce traffic by digging tunnels?

Budget 2017 will focus on encouraging public, private spending: Arun Jaitley

British Airways strike: Cabin crew to strike on Christmas and Boxing Day over low pay

US Federal Reserve needs more than 3 rate hikes next year: Jeffrey Lacker

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]