Business news

Keep calm and negotiate: EU chief Brexit negotiator Michel Barnier unveils timetable

The EUs chief Brexit negotiator Michel Barnier has said that his team are ready to start negotiations with the UK when Article 50 is triggered. The French politician wants a orderly withdrawal and has so far visited 18 of the 28 EU nations ahead of the talks. He said he expected formal negotiations to last less than 18 months.

Dec 6, 2016

Biocon to maintain margin despite fall in India sales: Kiran Mazumdar Shaw

Despite a dip in domestic sales after demonetisation, Biocon's export realisations have improved on a depreciating rupee.

Dec 6, 2016

Essar Power approaches banks for debt recast for Mahan project: Report

The private power producer is said to have asked banks to dilute its stake in the Mahan project as part of the Rs 6,564 crore debt restructuring proposal.

Dec 6, 2016

Top Indian politician Jayalalithaa Jayaram, Chief Minister of Tamil Nadu, dies aged 68

The Chief Minister of the southern Indian state of Tamil Nadu, Jayalalithaa Jayaram, has died at the age of 68. Also known as Amma (mother), she suffered a cardiac arrest on 4 December. She had been ailing in hospital since September. Jayalalithaa was a controversial figure with a string of corruption scandals throughout her political career. She served as Tamil Nadu Chief Minister three times.

Dec 6, 2016

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Laurus Labs IPO: Details about the company, public issue, anchor investors

The Rs 1,332-crore, three-day initial public offering (IPO) of Hyderbad-based Laurus Labs opens on December 6 2016.

Dec 6, 2016

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Steel prices to see limited upside owing to demonetisation

Despite a sharp rise in raw material prices, steel producers will not be able to pass on the cost to consumers due to a possible dip in construction activity after demonetisation.

Dec 6, 2016

Deloitte fined record $8 million by US auditing watchdog

The global auditing firm's Brazilian arm manipulated auditing documents and gave false testimony to thwart investigation.

Dec 6, 2016

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Equity indices end Tuesday trade with marginal gain

Market will take future direction from RBI's policy review which is scheduled to be out on Wednesday.

Dec 6, 2016

ISS advises TCS shareholders to vote against Mistry's ouster

According to the global proxy advisory firm, neither Tata Sons nor TCS are providing compelling reasons for Mistry's removal.

Dec 5, 2016

Demonetisation impact on MFIs: Situation 'much better' compared to last week, says Ujjivan

After feeling the initial pinch of demonetisation, microfinance institutions are slowly witnessing improvements in loan collections and disbursements.

Dec 5, 2016

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Euro, shares skid as Italy votes 'no' on reform, PM Renzi to resign

The euro fell to a 20-month low on Monday.

Dec 5, 2016

Paytm to merge its wallet business with proposed payments bank

The digital payment services provider will have to comply with RBI guidelines before starting payments bank operations.

Dec 5, 2016

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Union minister debunks economists' forecasts; says GDP to touch 10%

Most economists are of the view that the Indian economy will see a slowdown in demand, leading to low growth figures.

Dec 5, 2016

Equity markets end on a positive note; all eyes on RBI policy

This will be the Reserve Bank of India's first policy review post demonetization move of the government.

Dec 5, 2016

Life Insurance Corporation LIC premium insurance bima diamond plan money back

LIC sells its costliest policy of Rs 50 crore to Mumbai businessman

The annuity plan 'Jeevan Akshay' bought by this businessman has seen a lot of interest from buyers owing to demonetisation.

Dec 3, 2016

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Business news

Keep calm and negotiate: EU chief Brexit negotiator Michel Barnier unveils timetable

Biocon to maintain margin despite fall in India sales: Kiran Mazumdar Shaw

Essar Power approaches banks for debt recast for Mahan project: Report

Top Indian politician Jayalalithaa Jayaram, Chief Minister of Tamil Nadu, dies aged 68

Laurus Labs IPO: Details about the company, public issue, anchor investors

Steel prices to see limited upside owing to demonetisation

Deloitte fined record $8 million by US auditing watchdog

Equity indices end Tuesday trade with marginal gain

ISS advises TCS shareholders to vote against Mistry's ouster

Demonetisation impact on MFIs: Situation 'much better' compared to last week, says Ujjivan

Euro, shares skid as Italy votes 'no' on reform, PM Renzi to resign

Paytm to merge its wallet business with proposed payments bank

Union minister debunks economists' forecasts; says GDP to touch 10%

Equity markets end on a positive note; all eyes on RBI policy

LIC sells its costliest policy of Rs 50 crore to Mumbai businessman

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]