Business news

Samsung recalls Galaxy Note 7; Shares fall

The shares fell to an all-time low level in two months on Monday following the recall.

Oct 11, 2016

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Uber, Standard Chartered Bank announce cash-back for rides in India, Singapore, Malaysia, UAE, Vietnam and Indonesia

Standard Chartered credit cardholders in six countries will get up to 25% cashback for all global Uber rides.

Oct 10, 2016

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ICICI Prudential Life gains but still closes below issue price; CCD nears 52-week low

The share price of ICICI Prudential Life Insurance closes at Rs. 324.65 on Monday, below the issue price of Rs. 334 per share.

Oct 10, 2016

Global sales of Tata Motors vehicles cross 1 lakh units in September

In September, the Indian auto giant sold 102,289 units of its vehicles, including the sales of Jaguar Land Rover cars.

Oct 10, 2016

Haiti suffers deadly cholera outbreak in wake of Hurricane Matthew disaster

Haiti, one of the poorest countries in the world, was battered by Hurricane Matthew, the strongest storm over the Atlantic since 2007. Matthew made landfall in Haiti on 4 October. The countrys death toll is over 1,000. To compound the impact of the disaster, Cholera has broken out – a bacterial disease spread by contaminated water.

Oct 10, 2016

5 Indo-Americans rank among America's richest 400: Forbes

With a net worth of $81 billion, Bill Gates topped the list for the 23rd time in a row.

Oct 10, 2016

Maruti Suzuki plans large-scale export of Baleno hatchback

Until now, 38,000 units of the Baleno model have been dispatched to overseas markets.

Oct 9, 2016

Air Pegasus issued show cause notice by aviation regulator DGCA

The airline has 15 days of time to respond to the notice, which was issued on Oct 5.

Oct 9, 2016

Alibaba Group's Ant Financial names new CEO ahead of market listing in 2017

Eric Jing, a finance president of the company will take over the helm from the company's present CEO Lucy Peng.

Oct 9, 2016

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Gold prices fall Rs 1,000 per 10 gm in 4 days

Gold and silver prices have dropped drastically in the past few days due to weak demand despite Dhanteras just 20 days away.

Oct 8, 2016

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Reliance Jio hikes salary for top performers; bids aggressively during spectrum auction

The salary hike is about 10-15 percent; Reliance Jio commits Rs. 13,672 crore during spectrum auction.

Oct 8, 2016

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Hyundai maintains lead over Ford Motors in car exports during September quarter

Maruti Suzuki exports 61,543 cars, more than Hyundai (47,718) and Ford Motors (42,098).

Oct 8, 2016

IDBI Bank rises on shareholders' approval to raise Rs 8,000 crore

The government has said the bank can choose any route to raise the money.

Oct 7, 2016

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Investor accounts with NSDL, CDSL rise to 2.65 crore

The two depositors — NSDL and CDSL — have 1.50 crore and 1.15 crore investor accounts, respectively.

Oct 7, 2016

Snapchat to offer IPO soon; valuation might cross $25 billion

Snapchat to go public next year with valuations likely to cross $25 billion

Snapchat is reportedly preparing paperwork to go public with selling of shares as early as March 2017.

Oct 7, 2016

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Business news

Samsung recalls Galaxy Note 7; Shares fall

Uber, Standard Chartered Bank announce cash-back for rides in India, Singapore, Malaysia, UAE, Vietnam and Indonesia

ICICI Prudential Life gains but still closes below issue price; CCD nears 52-week low

Global sales of Tata Motors vehicles cross 1 lakh units in September

Haiti suffers deadly cholera outbreak in wake of Hurricane Matthew disaster

5 Indo-Americans rank among America's richest 400: Forbes

Maruti Suzuki plans large-scale export of Baleno hatchback

Air Pegasus issued show cause notice by aviation regulator DGCA

Alibaba Group's Ant Financial names new CEO ahead of market listing in 2017

Gold prices fall Rs 1,000 per 10 gm in 4 days

Reliance Jio hikes salary for top performers; bids aggressively during spectrum auction

Hyundai maintains lead over Ford Motors in car exports during September quarter

IDBI Bank rises on shareholders' approval to raise Rs 8,000 crore

Investor accounts with NSDL, CDSL rise to 2.65 crore

Snapchat to go public next year with valuations likely to cross $25 billion

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]