Business news

Google co-founder Larry Page discusses new Alphabet structure

In a rare public appearance, Google co-founder and Alphabet CEO Larry Page on Monday (2 November) explained why he was spurred to create a whole new structure for the company he created with Sergey Brin almost two decades ago.

Nov 3, 2015

Proposal to cut gold import duty has ministries at loggerheads

A finance ministry official said it was unlikely to go through.

Nov 3, 2015

Sensex ends marginally higher snapping six-day losing streak

The Sensex touched an intra-day high of 26,732.

Nov 3, 2015

Restaurants worry as home-dining services take eating out off the table

Chefs cook food for guests and host meals at their own homes.

Nov 3, 2015

Square Inc to decide IPO price band this week, begin trading before Thanksgiving

Once Square goes up on the NYSE, Jack Dorsey would be the CEO of two public offering companies, worried investors said.

Nov 3, 2015

Edmund Shing: Avoid hedge fund horror and invest in Aberdeen Asset Management

In the long run, hedge fund investors in aggregate have not done well.

Nov 3, 2015

Indian firms were involved in $7.7 billion worth M&A deals:EY

The number of deals remained at 233 during the third quarter of 2015.

Nov 3, 2015

TinyOwl to cut 112 more jobs in fresh round of layoffs to reduce costs

In September, the Mumbai-based firm had cut nearly 200 jobs, mainly in its sales and delivery divisions.

Nov 3, 2015

Stanchart to raise $ 5.1 billion in new capital via rights issue

It will also cut 15,000 jobs by 2018 to restore profitability given a slowdown.

Nov 3, 2015

India Inc companies see contradictions; net sales decline but net profits rise

The primary reason for the decrease in net sales is a fall in petroleum products prices.

Nov 3, 2015

TransCanada asks US to suspend review of $8-billion Keystone pipeline project

The nearly-2,000-km pipeline would carry 830,000 barrels a day of mostly Canadian oil sands crude to Nebraska.

Nov 3, 2015

Modi govt policies conducive to attracting more FDI: Hinduja

Global economic slowdown is restricting many foreign companies to delay their investments in India.

Nov 3, 2015

Oil prices drop amid excess supply worries

Iran planned to raise its crude output by 1 million barrels per day by the end of March 2016.

Nov 3, 2015

India's largest tech incubator T-Hub attracts 130 startups before launch

While the state government will provide Rs 10 crore for the project, they hope private players will pitch in Rs 90 crore for the same.

Nov 3, 2015

Trades Union Bill: Unions lobby parliament over controversial bill

Members of the TUC have lobbied parliament in opposition to the controversial Trades Union Bill.

Nov 2, 2015

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