Business news

Gopalpur port, which was hit by two cyclones in 2013-14, has commenced normal operations in December last year.

Adani Ports Q2 net profit up 61% on healthy cargo volumes; shares gain 11% on BSE

Adani Ports reports a net profit of Rs 1,061 crore during the quarter, while revenues were up 21 percent to Rs 2,183 crore.

Oct 25, 2016

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Ratan Tata-controlled trusts prematurely withdrew investments from Tata Sons: Report

The investments (CRPS) valued at about Rs 4,000 crore belonged to Jamsetji Tata Trust and Navajbhai Ratan Tata Trust.

Oct 25, 2016

HDFC Bank

HDFC Bank Q2 net profit rises 20% to Rs 3,455 crore on higher NII

The lender's asset quality remained stable during the quarter with net NPAs down 0.3 percent to Rs 1,489 crore.

Oct 25, 2016

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India Inc. speculates on who would succeed Cyrus Mistry after his ouster from Tata Sons

Tata Sons has given itself four months to appoint a successor to Cyrus Mistry, who was removed as chairman on Monday.

Oct 25, 2016

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Ratan Tata talks to CEOs, but Tata Steel on edge

TCS, Tata Motors, Tata Steel, Tata Coffee, Tata Power, Tata Global Beverages were trading with losses on BSE.

Oct 25, 2016

Twitter job cuts

Twitter planning to lay off hundreds of people this week

The social media giant had cut eight percent of its workforce, translating to about 300 jobs, last year.

Oct 25, 2016

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BMW in tie-up with Ola for luxury rides

BMW will be "Lux Category Partner" for cab hailing service Ola.

Oct 25, 2016

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Bharti Infratel's net profit rises 31% YoY to Rs 774 crore for September quarter

Bharti Infratel is aiming to benefit from the recently ended spectrum auction.

Oct 25, 2016

Mr. Asia 2016

Morning Brief: Cyrus Mistry's removal from Tata Sons sparks speculation, BCCI holds off on IPL tender process, Akhilesh Yadav breaks down at SP meet and more

Also read about Banglorean water tanker driver winning Mr Asia title and the latest developments in Hillary Clinton's e-mail scandal.

Oct 25, 2016

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Cyrus Mistry's removal from Tata Sons is likely to impact TCS, Tata Motors, Tata Steel shares on BSE, NSE

The Tata Group, which removed Cyrus Mistry from Tata Sons, has Sensex heavyweights TCS, Tata Motors and Tata Steel.

Oct 24, 2016

tata sons cyrus mistry chairman exits quits ratan tata interim head

Tata Sons removes Cyrus Mistry, appoints Ratan Tata as interim chief; speculations rife over his removal

Tata Sons announces Cyrus Mistry's exit and appoints Ratan Tata as interim head in a statement on Monday.

Oct 24, 2016

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PNB Housing Finance IPO: Angel Broking recommends 'subscribe' to Rs 3,000-crore issue

The IPO of PNB Housing Finance opens on Tuesday; the price band is Rs 750-775 per share.

Oct 24, 2016

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Saudi oil minister Khalid al-Falih delivers mild shocker to India

Khalid al-Falih says the "current cycle" of falling crude prices is almost ending, spelling disaster from inflation viewpoint for India.

Oct 24, 2016

Ryanair: Is now a good time to invest in budget airlines?

Ryanair: Is now a good time to invest in budget airlines?

Both Ryanair and easyJet have issued profit warnings since the collapse of the pound.

Oct 24, 2016

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Axis Bank shares subdued ahead of Q2 results

Private sector lender Axis Bank is the third-largest in the private banking space, after ICICI Bank and HDFC Bank.

Oct 24, 2016

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