Biocon posts 13% rise in profits to Rs 103 crore for December quarter It also earned licensing income of Rs 32 crore from monetising its biosimilars portfolio in emerging markets. Jan 22, 2016
Reliance Jio may launch 4G services across India by April 2016 A Morgan Stanley report made the prediction adding that Reliance Jio may also aim to gain about 131 million customers by 2020. Jan 22, 2016
Sharp $5.5 billion bailout plan likely to be decided by next weekend Innovation Network Corporation of Japan is offering to invest $2.6 billion in Sharp. Jan 22, 2016
Yahoo to decide next strategic steps after quarterly earnings: Sources Yahoo this month rebuffed several potential buyers for its core Internet assets. Jan 22, 2016
Japan's Softbank invests Rs 100 crore in Housing.com The online housing portal was facing a fund crunch that forced it to layoff hundreds of employees to trim costs. Jan 21, 2016
GoAir opposes dismantling of 5/20 rule that would benefit 'new' airlines If the 5/20 rule is dismantled, new airlines such as Vistara and AirAsia India will benefit. Jan 21, 2016
Design in India makes better business sense: Bangalore-based businessman It's better we supply raw materials and designs for products and manufacture them in local markets in east Asian countries. Jan 21, 2016
VC firms grow cautious over Indian start-ups Investors seem to be taking increased scrutiny of their business models. Jan 21, 2016
Ratan Tata invests in baby care products retailer FirstCry It marks his fourth investment in Indian start-ups this year. Jan 21, 2016
RBI asks banks to stop circulating faulty Rs 1,000 notes According to an RBI spokesperson, the total number of faulty notes is not more than 500. Jan 21, 2016
IDFC Bank in talks to buy RBS' corporate banking business for Rs 3,000 crore: Report Currently, the bank has assets worth Rs 10,500 crore in 10 branches and savings deposits of Rs 2,000 crore. Jan 21, 2016
Paytm in talks with ICICI Group for payments bank services: Report Paytm is also in talks with SBI Mutual Fund and IIFL for its banking services. Jan 21, 2016
Barclays to close Asia cash equities; exit South Korea, Taiwan: Sources The London-based lender will close its equity research, sales and trading and convertible bond trading businesses in Asia. Jan 21, 2016
Stock markets give up early gains; Tata Motors, Maruti Suzuki, ONGC pull Sensex, Nifty down The Sensex and Nifty were in the red at around 12.30 pm, after having risen in the morning. Jan 21, 2016
Gold, silver prices up on safe-haven demand Gold prices hit an over two-month high of Rs 26,690 per 10 grams as jittery investors rushed to buy the yellow metal following sharp sell-off in global markets. Jan 20, 2016
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