Business news

Airports Authority of India revenues cross Rs. 10,000 crore for the first time

The record growth in revenues could be due to low fuel prices, which has resulted in an increase in the number of passengers.

Jun 2, 2016

Lending by state-run banks falls to 12-year low

Public sector banks' share of credit fell by nearly 4 percent during 2015-16, while private banks saw their market share grow for the same period.

Jun 1, 2016

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Gold, silver prices fell more than 4% in May while Sensex gained

The fall in gold prices was attributed to weak demand and rising fears of an interest rate hike by the US Federal Reserve.

Jun 1, 2016

UK house builders: Are Berkeley Group, Bellway and Persimmon a value buy or value trap?

A buy-to-let slowdown and EU referendum fears have put some investors off house builders in Britain.

Jun 1, 2016

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Royal Enfield motorcycle sales rise 37% in May

Eicher Motors sold 48,604 units of Royal Enfield motorcycles last month as against 35,354 units sold in May last year.

Jun 1, 2016

Jet fuel price hike likely to deal a blow to passengers, air carriers

The 9.2 percent hike in jet fuel price came into effect from Wednesday.

Jun 1, 2016

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LinkedIn bets big on India, 'open' to buying Indian start-ups

India is the second-biggest market for LinkedIn, with a user base of 35 million, after U.S.

Jun 1, 2016

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Domestic car sales in May: How Maruti Suzuki, Hyundai, Mahindra, Renault India, Honda performed

Maruti Suzuki, Hyundai, Mahindra, Renault reported moderate-to-high growth while Honda saw car sales declined in May.

Jun 1, 2016

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BSE Sensex was Asia's best-performing index in May

The Sensex gained 4 percent in May, despite reversing the five-day winning streak on Tuesday and losing 57 points.

May 31, 2016

SoftBank Corp. Chief Executive Masayoshi Son

SoftBank's investment in India may exceed $10 billion over next decade

The Japanese telecom and internet firm has so far invested about $2 billion in Snapdeal, Ola, Oyo and Grofers, among others.

May 31, 2016

Online ads to be taxed 6% from June 1, says govt

The idea behind equalisation levy was to indirectly tax the internet giants for the money they make from Indian advertisers.

May 31, 2016

GoAir to receive delivery of Airbus neo this week; plans listing

According to airline officials, the fuel efficient Airbus A320 neo aircraft will be operational by next week.

May 31, 2016

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Bombay Stock Exchange may sell about 30% stake by March 2017

BSE hopes to raise about Rs. 1,300 crore from the stake sale, Mint reported.

May 31, 2016

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1% tax on cash purchase of gold jewellery rolled back

The 1 percent tax was earlier imposed on cash purchases of gold jewellery of up to Rs. 2 lakh; it has now been restored to Rs. 5 lakh from June 1.

May 31, 2016

Paytm lets you buy milk and vegetables using your debit/credit cards

Paytm to hive off its marketplace operations: Report

Paytm expects the orders on its e-commerce marketplace to grow from two million a month to five million by March 2017, Mint reported.

May 31, 2016

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Business news

Airports Authority of India revenues cross Rs. 10,000 crore for the first time

Lending by state-run banks falls to 12-year low

Gold, silver prices fell more than 4% in May while Sensex gained

UK house builders: Are Berkeley Group, Bellway and Persimmon a value buy or value trap?

Royal Enfield motorcycle sales rise 37% in May

Jet fuel price hike likely to deal a blow to passengers, air carriers

LinkedIn bets big on India, 'open' to buying Indian start-ups

Domestic car sales in May: How Maruti Suzuki, Hyundai, Mahindra, Renault India, Honda performed

BSE Sensex was Asia's best-performing index in May

SoftBank's investment in India may exceed $10 billion over next decade

Online ads to be taxed 6% from June 1, says govt

GoAir to receive delivery of Airbus neo this week; plans listing

Bombay Stock Exchange may sell about 30% stake by March 2017

1% tax on cash purchase of gold jewellery rolled back

Paytm to hive off its marketplace operations: Report

'Ghar mein kalesh hai.. toh': Netizens assume Priyanka Chopra didn't attend RagNeeti's wedding due to Joe-Sophie's divorce

Anirudh Ravichander's Musical Connection: The Special Gift from Thalapathy Vijay

'Aaradhya is my height Now' : Aishwarya Rai hugs daughter, tells paps to be careful; fans say, "will she leave her hand?"