Business news

Samsung Group leader Jay Y. Lee arrives for bribery suspicion questioning

Samsung chief Jay Y. Lee arrested in South Korean corruption probe

Samsung chief Jay Y. Lee was taken into custody at the Seoul Detention Centre for his alleged role in one of South Korea's biggest corruption scandals.

Feb 17, 2017

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Cadila Healthcare gains 20% on positive observation by US FDA; pharma stocks rally

Cadila Healthcare zooms 20 percent over no observation (form 483) at its Moraiya plant by US FDA; Sun Pharma, Infosys, lead Sensex rally.

Feb 16, 2017

Tata Motors joins hands with Microsoft to focus on connected car tech

The first Tata Motors product with enhanced driving experiences assisted by Microsoft will be unveiled at the 87th Geneva International Motor Show on March 7.

Feb 16, 2017

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Nasscom could give a projection of 6-8% for FY 2018, says Nirmal Bang; TCS to consider share buyback

India's IT services lobbying body Nasscom has cited global uncertainty and Trump policies to defer projections for FY 2018.

Feb 16, 2017

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India a great destination for building digital economy infrastructure: Payoneer CEO Scott Galit

India is seen as one of the top markets for digital economy as it is ranked fourth in terms of active Internet-users across the world.

Feb 15, 2017

Rakesh, Rekha Jhunjhunwala sell 4.2 million shares of Intellect Design Arena

Intellect Design Arena shares close almost 10 percent lower on Wednesday in response to bulk sale by Rakesh Jhunjhunwala and his wife Rekha.

Feb 15, 2017

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Zoom Air begins commercial operations

Promoted by Zexus Air Services, Zoom Air is the new kid on India's civil aviation block.

Feb 15, 2017

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Moneyfront claims to have 1,100 MF investors using its robo advisory

Moneyfront is offering its services free for first six months to MF investors opting for direct plans.

Feb 15, 2017

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Mutual fund managers went on a selling spree in IT, pharma stocks in January 2017; 2 companies do not figure in the list

Some of the stocks MF managers sold include TCS, HCL Technologies, Cyient, Mindtree, Tec Mahindra, Torrent, Sanofi and Dr Lal Pathlabs.

Feb 15, 2017

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Tata Motors shares fall 10% over disappointing Q3 results; weakness to persist for 3-4 quarters

Net profit of Tata Motors for Q3 plunged 96 percent YoY to Rs 112 crore, causing its share price to drop sharply.

Feb 15, 2017

Peugeot owner PSA to buy Opel, Vauxhall brands from General Motors

If the deal gets through, PSA will emerge as second largest European carmaker while GM will do away with its loss-making businesses.

Feb 14, 2017

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DSP Blackrock suspends fresh transactions in Micro Cap Fund

DSP Blackrock Micro Cap Fund, an open-ended, diversified equity scheme, will not accept fresh inflows from February 20, 2017.

Feb 14, 2017

Has Reliance Jio 4G data offer been extended till December 31, 2017, or is it a hoax?

A message asking Reliance Jio users to upgrade 4G data and call services to continue the offer till 2017 end is doing the rounds.

Feb 14, 2017

Rolls-Royce posts biggest loss after bribery charges and Brexit

The engine-maker has been affected by the drop in the pound against the dollar since Brexit, and the £671m charges it has to pay after an investigation into corruption in the company.

Feb 14, 2017

Toshiba shares plunge on Nikkei amid fears of huge loss, uncertain future; chairman quits

Toshiba surprises markets by postponing its quarterly results amid reports that it may issue a warning to shareholders that its future is in jeopardy.

Feb 14, 2017

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Business news

Samsung chief Jay Y. Lee arrested in South Korean corruption probe

Cadila Healthcare gains 20% on positive observation by US FDA; pharma stocks rally

Tata Motors joins hands with Microsoft to focus on connected car tech

Nasscom could give a projection of 6-8% for FY 2018, says Nirmal Bang; TCS to consider share buyback

India a great destination for building digital economy infrastructure: Payoneer CEO Scott Galit

Rakesh, Rekha Jhunjhunwala sell 4.2 million shares of Intellect Design Arena

Zoom Air begins commercial operations

Moneyfront claims to have 1,100 MF investors using its robo advisory

Mutual fund managers went on a selling spree in IT, pharma stocks in January 2017; 2 companies do not figure in the list

Tata Motors shares fall 10% over disappointing Q3 results; weakness to persist for 3-4 quarters

Peugeot owner PSA to buy Opel, Vauxhall brands from General Motors

DSP Blackrock suspends fresh transactions in Micro Cap Fund

Has Reliance Jio 4G data offer been extended till December 31, 2017, or is it a hoax?

Rolls-Royce posts biggest loss after bribery charges and Brexit

Toshiba shares plunge on Nikkei amid fears of huge loss, uncertain future; chairman quits

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]