Business news

Oil jumps $2, breaking range as supply seen ebbing

Official stockpile numbers will be published on Wednesday by the U.S. Energy Information Administration

Oct 7, 2015

Starbucks rival to launch India's biggest IPO in 3 years next week

Coffee Day Enterprises Ltd is backed by private equity firm KKR & Co.

Oct 7, 2015

Edmund Shing: Payment Protection Insurance to batter Barclays, Lloyds, and RBS again

UK banks have been pretty bad boys, caught out for a succession of PPI scandals.

Oct 6, 2015

Sensex ends in green for fifth straight session

The rally in the markets is supported by lessening chances for an interest rate hike by the US central bank this year.

Oct 6, 2015

HDFC cuts home loan lending rate by 25bps after RBI rate cut

Following the cut, the effective home loan rate for female customers now stands at 9.60%.

Oct 6, 2015

Airtel may reduce data tariffs by 25% after Reliance Jio launch: Goldman Sachs

Reliance Jio is reportedly planning to offer data plans at a third of "current market rates".

Oct 6, 2015

Air France: Executives stripped half-naked as angry mob attacks managers over jobs cuts

French executives stripped and forced to flee as livid workers storm meeting to protest 2,900 job cuts.

Oct 5, 2015

George Osborne: Whitehall will give councils control of £26bn in devolution revolution

The chancellor unveiled the major tax policy at the Conservative conference in Manchester.

Oct 5, 2015

Indian tech industry 'on track' to touch $350 billion revenue by 2025

Nasscom chairman BVR Mohan Reddy said that the industry body was thinking of re-branding itself.

Oct 5, 2015

Market Watch: Sensex soars over 500 points, gold prices drop, rupee extends gains

The 50-share Nifty rose 168 points or 2.12%, to reclaim 8,100 levels.

Oct 5, 2015

Infosys to outperform peers in Q2

Analysts expect the India's second largest IT firm to record a sequential revenue growth of 6.2% in rupee terms.

Oct 5, 2015

Wipro to hire non-science graduates for technology jobs

Wipro currently has a tie-up with BITS Pilani to offer training to science graduates to make them "industry-ready".

Oct 5, 2015

Govt to make PAN mandatory for cash purchases exceeding certain limit: FM Arun Jaitley

The move is a part of the Modi government's efforts to put a check on black money in the country.

Oct 5, 2015

Oil up as Russia ready to talk with suppliers, US rig count drops

U.S. energy firms reduced the number of oil rigs by 26 in the latest week, the biggest cut since April

Oct 5, 2015

Gold at discount for fourth week in India, China goes on holiday

Retail demand dwindled due to the start of Shradh, a two-week period considered an inauspicious time to buy gold, property or any big purchases.

Oct 3, 2015

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