Business news

Crashing Chinese Markets Drag Sensex Down by Nearly 500 Points; Metal Stocks See Heavy Sell-off

Metal stocks got severely battered due to their high exposure to Chinese markets.

Jul 8, 2015

Tumbling Stock Markets Force 1,300 Chinese Companies to Halt Trading

The Shanghai Composite Index opened 7% lower on Wednesday, before paring some of its losses to trade at over 5% down.

Jul 8, 2015

Flipkart to Announce Enhanced Paternity Benefits Shortly

The online retailer will extend paternity leave to 10 days.

Jul 8, 2015

Sahara Tells Supreme Court that it Can't Refund ₹36,000 Crore to Investors in 18 Months

Sahara told the court that "no business house in the world can pay ₹36,000 crore within 18 months."

Jul 7, 2015

Jet Airways Pips Dubai's Emirates as India's Top Carrier on International Routes

Its tie-up with Etihad Airways also helped Jet Airways increase its international traffic.

Jul 7, 2015

Uber to Build 'Largest International Office' in Hyderabad: Report

Uber's new facility at Hyderabad will be a centralised response and support centre for all drivers and customers on its network.

Jul 7, 2015

Warburg Pincus Eyeing to Buy One-Fourth Stake in L&T Finance Holdings

Share prices of L&T Finance soared 7.8% to trade at ₹71.65 on Tuesday

Jul 7, 2015

Wipro Chairman Azim Premji Earmarks Over 50% of His Wealth for Charity

Premji has a stake of 73.39% in Wipro valued at nearly Rs 99,500 crore.

Jul 7, 2015

Reliance to Sell $32 Million Stake in Unit Network18

Reliance said that the selldown of 32.5 million shares on Wednesday would help it meet the minimum 25 percent public ownership rule.

Jul 7, 2015

Indian stock brokers watch the key Sensex share index graph in a brokerage firm in Mumbai May 13, 2004.

India's Stock Markets Weaker, BSE Sensex Falls Over 200 Points After Greek Vote

The rupee weakened to 63.5600/57 per dollar compared to its previous close of 63.44/45.

Jul 6, 2015

Senior PepsiCo India Executives Quit Due to 'Frequent Restructuring' : Report

But the company has downplayed the issue.

Jul 4, 2015

Top 10 Most Valuable Indian Companies [PHOTOS]

List of Top 10 Companies in India: TCS became the first Indian company to cross a market capitalisation of ₹ 5 lakh crore last year.

Jul 4, 2015

Greece Referendum: Sensex Could Fall by Over 3% on 'No' Vote; Tata Motors, IT Stocks May See Sell-off

Further, lack of heavy short positions to curtail the fall in markets is also a cause of concern.

Jul 4, 2015

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Ukraine: EBRD to invest up to $1bn in 2015 if reforms are made

The head of the European Bank for Reconstruction and Development (EBRD) has said it plans to invest up to $1bn in Ukraine this year, including in the gas sector, provided real reforms are implemented.

Jul 3, 2015

Make in India: Airbus Ties Up with Mahindra Defence to Manufacture Helicopters Locally

A joint venture so formed by the two groups will emerge as the first private manufacturer of helicopters in the country.

Jul 3, 2015

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