Business news

EU orders Netherlands to recover $34m from Starbucks

The European Commission ruled on Wednesday (21 October) that Starbucks and Fiat benefited from illegal tax deals with the Dutch and Luxembourg governments, in cases with major implications for the taxation of multinational companies.

Oct 21, 2015

SpiceJet tops other carriers in load factor for September

The airline had a market share of 12.3% in September.

Oct 21, 2015

Govt raises monthly bonus calculation ceiling to Rs 7,000 from Rs 3,500

The government wants the changes to be effective from 1 April, 2015

Oct 21, 2015

Sensex ends flat, quarterly earnings weigh

Among the BSE sectoral indices, Realty was the biggest loser followed by Capital Goods.

Oct 21, 2015

NYT and Google join hands, launch a Virtual Reality venture

Millions of NYT subscribers will receive free virtual reality headsets that can be used to watch Virtual Reality films.

Oct 21, 2015

Sports Direct is our share tip of the week â€“ 5 reasons to invest

Edmund Shing explains why Sports Direct is the best high street outfit to invest in right now.

Oct 21, 2015

Impossible to unlock new iPhones, Apple tells US court

Accessing data stored on a locked iPhone "impossible" with devices using latest OS.

Oct 21, 2015

Call drop penalty norms fraught with glitches, warn analysts

It ignores issues like technical hurdles, poor spectrum policy and obstacles in roll-out of towers.

Oct 21, 2015

Reliance Capital to buy Goldman Sachs' Indian funds arm

Goldman Sachs' India onshore arm currently manages 12 mutual fund schemes.

Oct 21, 2015

Reliance Capital to acquire Goldman Sachs' asset management business in India

Goldman Sachs' India onshore arm currently manages 12 mutual fund schemes, including some 10 exchange-traded funds.

Oct 21, 2015

ONGC targets $10-$12 billion foreign oil and gas investments

ONGC Videsh Ltd hopes to capitalise on cheaper assets after a slump in oil prices.

Oct 21, 2015

Nestle India shares soar on Maggi return hopes

While most of the analysts are positive about the stock, a few caution about jumping into the stock.

Oct 21, 2015

Yahoo Inc in search advertising deal with Google Inc to turn company around

Yahoo has been struggling to boost revenue from ad sales in the face of stiff competition from Google and Facebook.

Oct 21, 2015

Nestle India says it will resume Maggi production as soon as possible

Maggi noodles would be available within four to five months.

Oct 20, 2015

Wipro Q2 earnings in focus after Infosys, TCS results

Wipro's operating profit is estimated to come at Rs 2,472 crore, up 1.8% sequentially.

Oct 20, 2015

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