Business news

Global Bodies Lined up for Funding Infrastructure Development: Arun Jaitley

Arun Jaitley told industrialists that the expected infra boom would witness a combination of funding, which would see significant participation from international bodies.

Feb 6, 2015

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Robots to dominate Chinese labor

Robots taking over China's factory floors. And by 2017, there will be more in production plants here than in any other country in the world. (SOUNDBITE) (English) REUTERS REPORTER, JANE LANHEE LEE,

Feb 6, 2015

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Asia Week Ahead: Examining the Japanese economy

EDITORS' NOTE: THIS EDIT CONTAINS COVERTED 4:3 MATERIALS (SOUNDBITE) (English) REUTERS REPORTER, PAMELA AMBLER, SAYING: "Japan will see a heavy data download next week." First up, the country's

Feb 6, 2015

HAL to Supply 14 Dornier Do-228 Aircraft to IAF in a Deal Worth ₹1,090 Crore

HAL will manufacture 14 Dornier Do-228 aircraft, will be better equipped to build more advanced aircraft when the Indian Air Force decides to place order for new generation multi-role aircraft

Feb 6, 2015

Qatar Airways Group Chief Executive Officer Akbar Al Baker

Qatar Airways CEO Al-Baker and Rahul Bhatia of IndiGo Meet, Triggering Stake Sale Rumours

Qatar Airways had evinced interest to pick up 49% stake in IndiGo

Feb 6, 2015

'Yennai Arindhaal' Opening Day Box Office Collection: Ajith Starrer takes a Flying Start in US; Thala's Highest Ever

US Distributor ATMUS Entertainment has claimed that "Yennai Arindhaal" has collected $113,232 from 75 screens

Feb 6, 2015

Huawei P8 Release Date; Invites Sent Out For April 15; Fingerprint Scanner, OIS Camera In The Books

'Make in India' Scheme: Huawei Invests $170 mn in R&D Facility in Bangalore

Huawei has opened its largest R&D center in Bangalore, which is expected to seat 5,000 employees.

Feb 6, 2015

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Twitter user growth slows; Stocks positive for 2015

After hour earnings led by Twitter: revenues beating forecasts in the 4th quarter, but the pace of user growth was the slowest in several quarters. Linkedin results beating forecasts, quartelry

Feb 6, 2015

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Sony's Pascal stepping down as co-chair

Amy Pascal, one of the most power women executives in Hollywood, is stepping down as co-chairman of Sony Pictures. The move comes after hackers leaked a chain of embarrassing emails between Pascal

Feb 6, 2015

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Pfizer's premium bet on generic drugmaker

Pfizer finally making a deal, buying Hospira for about $15 billion. The goal: boost its portfolio of generic injectable drugs, and copies of pricey biotech medicines, called biosimilars. Shares of

Feb 6, 2015

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Greek MPs defiant at first session

A media frenzy outside the Greek Parliament in Athens. The country's lawmakers arrived for the swearing in of the new coalition government led by Syriza. Members of the anti-austerity party promised

Feb 5, 2015

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BT dominates with 12.5bln EE deal

It's already Britain's biggest fixed-line telecoms provider. Now BT is to add mobile to its portfolio of products after agreeing to buy EE from Deutsche Telekom and France's Orange. The deal, worth

Feb 5, 2015

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BSE closes points 32.14 down on Feb 5

New Delhi, Feb 5 (ANI): Trading at the Bombay Stock Exchange today closed 32.14 points down to stand at 28,850.97. At the National Stock Exchange the Nifty closed 107.65 points up to stand at 8,831.35. PIPAVAVDOC and Jubilant FoodWorks Ltd were among the top gainers of Group A with an increase of 7.00% and 6.92% along with CUB and SHREE CEMENT with an increase of 5.51% and 5.17% respectively, while the top losers of Group A include UNITECH and IOB with a decrease of 12.99% and 11.01% along with KEC and GMR INFRA with a decrease of 10.39% and 9.51% at the close of the markets. The Auto sector is down 155.71 points at 19,571.90, while the banking sector is down 102.06 points at 21,813.19 and the reality sector is down 49.50 points at 1,757.69. The Indian currency is up 0.15% at Rs 61.84 per dollar.

Feb 5, 2015

Budget 2015: RBI Governor Raghuram Rajan Favours Higher Tax Exemption Limit On Financial Investments

A rise in the limit will improve savings rate

Feb 5, 2015

Russia will Add 200 New Aircraft to Defense Arsenal to Maintain Higher Operational Readiness

With the NATO encroachment reaching Russian borders, the world's largest country has decided to enhance its air superiority by inducting 200 new aircraft, including the Sukhoi Su-35 (Flanker) aircraft and a range of helicopters.

Feb 5, 2015

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