Business news

Tokyo: Children dream up the future of cars

Children from all over the world gathered at Toyota’s annual Dream Car Art Contest at Tokyos bay side on 26 August, to share ideas and drawings on the future of cars.

Aug 27, 2015

Privatisation of Some Public Sector Banks on Cards: Report

The Central government will hold 33% stake in the banks through the Bank Investment Company, which will replace the proposed Bank Boards Bureau.

Aug 27, 2015

After Witnessing 45% Plunge in 6 Months, Tata Motors Stock a Good Buy Now

Barclays expects the stock prices to go up by more than 60% in one year.

Aug 27, 2015

Seventh Pay Commission Gets 4-Month Extension to Submit Recommendations

The pay commission is likely to recommend hike in government employees' salaries by nearly 40%, according to Credit Suisse.

Aug 26, 2015

LIC Rescues Government's 10% Stake Sale in Indian Oil Corporation

Many analysts viewed the government's move to sell stake in IOC as "ill-timed".

Aug 26, 2015

Modi Government to Give Special Package to Andhra Pradesh, Not 'Special Status'

"Status is not a sanjivini (cure for all ailments)," says AP chief minister Chandrababu Naidu

Aug 26, 2015

Krish Shankar is First External Candidate to be Appointed Infosys Global HR Head: Report

Krish Shankar, who is currently HR head for South Asia at Philips India, will join Infosys in October

Aug 26, 2015

China stock market crash explained in 90 seconds

IBTimes UK explains what the shares slump in China means for investors.

Aug 25, 2015

China Cuts Interest Rate by 25bps as Stock Markets Slump for Second Straight Day

The Chinese central bank also lowered reserve requirement ratio by 0.5%.

Aug 25, 2015

Sensex Not Bottomed Out, Losses May Extend by Another 1,000 Points

Some analysts expect the stock markets to fall by another 3-5% in the near-term.

Aug 25, 2015

Global Economy Not Facing Recession Threat Despite China's Slump: Goldman Sachs

Goldman Sachs said that lower oil prices are mainly "a reflection of excess supply rather than weak demand."

Aug 25, 2015

Asian Shares Recover from Three-year Lows While China's Suffering Continues

Mainland Chinese shares had another calamitous day, with the Shanghai Composite Index falling another 7% and breaking below the key psychological level of 3,000

Aug 25, 2015