Business news

Govt may tax black money deposited in banks after demonetisation, says Arun Jaitley

Jaitley said just because banned notes have been deposited in the banks do not make them legitimate and the Revenue Department may tax this money.

Jan 8, 2017

India pharma sector, pharmaceutical companies, pharma, pharma companies

Aurobindo Pharma acquires Portugal-based Generis for Rs 970 crore; gets USFDA nod for anti-epileptic drug

The acquisition further consolidates Aurobindo Pharma's footprint in the Portuguese generic pharma market with a product portfolio consisting cardiovascular, CNS, anti-infectives and genito-urinary systems.

Jan 8, 2017

Air India opts for restraining devices to deal with misbehaving, unruly passengers

The latest move follows two incidents of indecent behavior on-board Air India flights.

Jan 8, 2017

ATM cards, POS machines will become redundant by 2020, says Niti Aayog CEO Amitabh Kant

Niti Aayog has constituted a committee to identify and operationalise user-friendly digital payment options across the sectors.

Jan 8, 2017

intellect design arena, intellect design share price, intellect design arena news, rekha jhunjhunwala sells, rakesh jhunjhunwala intellect design arena, bse sensex, nse nifty

Infosys, Wipro, TCS, Tech Mahindra plunge over fresh H-1B visa fears

Concerns over reintroduction of a legislation that seeks to curb misuse of H-1B visa pulled down Infosys, Wipro, TCS and Mindtree shares.

Jan 7, 2017

beml, stake sale, beml share price, india news, disinvestment of cpse, modi news

BEML stake sale to net Rs 1,000 crore for Modi Govt

Defence ministry company BEML, in which Indian government holds 54 percent, makes mining equipment, metro coaches and defence products.

Jan 7, 2017

Make in USA or pay more, Donald Trump , US president elect, US President

Make in USA or Pay More: It's Toyota's turn to face Trump's ire after GM

President-elect Donald Trump has been criticising automakers for selling abroad-made vehicles in US warned of hefty taxes.

Jan 7, 2017

Capital Goods Q3FY17 Review: L&T, Cummins and Voltas to post muted growth on demonetisation

HDFC Securities picks Triveni Turbine and Kalpataru Power as its favourite stocks from the capital goods sector.

Jan 6, 2017

spicejet q3 results, spicejet q3 earnings, spicejet share price, spicejet boeing deal, jet airways, domestic air traffic, indigo, indian civil aviation

Boeing strikes big deal with SpiceJet for 92 Boeing 737 jetliners: Report

The SpiceJet-Boeing deal is pegged at $10.1 billion as per current list prices.

Jan 6, 2017

Budget 2017: No populist sops expected as Govt walks a tightrope after note ban

Demonetisation may hold the government for big-ticket spending, like debt waivers for farmers or transferring money into poor people's accounts.

Jan 6, 2017

Supreme Court, bar council of india, llb admission. llm admission

2G spectrum scam: SC threatens to take away Aircel 2G spectrum, licence over absence of Maxis bosses

Maxis promoter Anandakrishnan and director Ralph Marshal have not appeared in a lower court despite repeated summons.

Jan 6, 2017

US Dollar, currencies, Euro, Yuan, Yen, Asian shares

Asian shares rise as US interest rates ease, China steps up yuan defence

The dollar extended losses on Thursday as China stepped up efforts to support the yuan.

Jan 6, 2017

People line up outside an ATM at a State Bank of India branch

Loan growth at historic low even as banks are awash with cash after demonetisation

But now that banks have slashed MCLR rates almost 80-90 bps at one go, SBI expects a credit growth rebound, at least in the housing sector.

Jan 6, 2017

New study shows the brain’s ability to recognise faces continues to grow into adulthood

A new study has revealed that in humans, the part of the brain that’s responsible for face recognition continues to grow into adulthood. The results are surprising, since brain development is largely thought to involve synaptic pruning, rather than growth.

Jan 6, 2017

bombay dyeing, share price, land sale, bombay dyeing expansion, nusli wadia

Bombay Dyeing shares gain 13% in 4 days

On a revival and restructuring, 137-year-old Bombay Dyeing shares are steadily gaining.

Jan 5, 2017

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Business news

Govt may tax black money deposited in banks after demonetisation, says Arun Jaitley

Aurobindo Pharma acquires Portugal-based Generis for Rs 970 crore; gets USFDA nod for anti-epileptic drug

Air India opts for restraining devices to deal with misbehaving, unruly passengers

ATM cards, POS machines will become redundant by 2020, says Niti Aayog CEO Amitabh Kant

Infosys, Wipro, TCS, Tech Mahindra plunge over fresh H-1B visa fears

BEML stake sale to net Rs 1,000 crore for Modi Govt

Make in USA or Pay More: It's Toyota's turn to face Trump's ire after GM

Capital Goods Q3FY17 Review: L&T, Cummins and Voltas to post muted growth on demonetisation

Boeing strikes big deal with SpiceJet for 92 Boeing 737 jetliners: Report

Budget 2017: No populist sops expected as Govt walks a tightrope after note ban

2G spectrum scam: SC threatens to take away Aircel 2G spectrum, licence over absence of Maxis bosses

Asian shares rise as US interest rates ease, China steps up yuan defence

Loan growth at historic low even as banks are awash with cash after demonetisation

New study shows the brain’s ability to recognise faces continues to grow into adulthood

Bombay Dyeing shares gain 13% in 4 days

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]