Business news

Budget 2017: As oil prices rise on a slippery path, beware of a dead cat bounce

A supply glut and changing world demographics will act as sufficient ingredients for volatile or direction-less oil prices in 2017.

Dec 22, 2016

gold, prices, import duty, budget 2017, tbz, titan

Budget 2017: Finance Minister Arun Jaitley may lower import duty on gold

Currently, the import duty on gold is 10 percent; gold companies like Titan, PC Jeweller say a cut would be good for the industry.

Dec 22, 2016

pm narendra modi, demonetisation, rbi rate cut minutes, mpc minutes, bse indices, stock markets, india, economy

PM Modi's demonetisation effect: All 19 BSE sectoral indices fall; Sensex, Nifty down 1%

BSE Metals, Auto, IT, Bankex, FMCG, Financials, Realty, Power, Oil and Gas indices fell on persisting demonetisation woes and FII selling.

Dec 22, 2016

Tata Steel board removes Nusli Wadia as independent director

Almost 90 percent of shareholders have voted in favour of Wadia's ouster.

Dec 22, 2016

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DLF survives demolition of Chilavanoor apartments; Kerala High Court imposes fine of Rs 1 crore

Real estate developer DLF was accused of violating CRZ norms and the case was being heard in Kerala High Court.

Dec 21, 2016

RCom shares rise 6% on deal with Brookfield Infrastructure

RCom will receive an upfront payment of Rs 11,000 crore once the transaction is completed.

Dec 21, 2016

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McDonald investor KBC NV trims, Glassman Wealth Services increases stake in the fast food chain

KBC Group sells 64,801 shares, or 36 percent of McDonald (MCD), while Glassman Wealth Services ups stake.

Dec 21, 2016

McDonald's value meal lawsuit: Class action suit claims value meals are too expensive

James Gertie of Des Plaines filed a consumer fraud class action lawsuit against a McDonald's franchisee in Chicago.

Dec 21, 2016

Budget 2017: Individual investors must overcome these challenges to survive in today's stock market

Small investors are always pitted against professional investors, who have at their disposal the best research and analysis, in this game of probability

Dec 21, 2016

gold silver prices demand wgc demonetisation companies titan pc jeweller

Gold prices firm as dollar slips from 14-year high

The Federal Reserve hiked rates for the first time in a year last week and projected three more increases in 2017.

Dec 21, 2016

Will Cyrus Mistry moving National Company Law Tribunal against Tata Sons get him what he wants?

The NCLT will hold the first hearing of the case filed by Cyrus Mistry — on "oppression and mismanagement of Tata Sons" — on December 22.

Dec 20, 2016

budget 2017, fm arun jaitley, suresh prabhu indian railways, fares, tickets, modi

Budget 2017: FM Arun Jaitley makes pertinent comments on railways

Railway fares are a sensitive issue, especially in the context of upcoming assembly elections; Arun Jaitley's comments are therefore important.

Dec 20, 2016

Llyods Banking Group acquires Bank of America's credit card business for $2.35 billion

Llyods CEO Antonio Horta-Osorio said the MBNA brand and portfolio are a good fit with the group's existing card business.

Dec 20, 2016

Dollar, pound, euro or yen: Which currency should you invest in?

The US dollar could become the strongest major currency in 2017 as interest rates look set to rise.

Dec 20, 2016

Budget 2017: Govt dismisses reports about revised income tax slabs

It was reported that the Narendra Modi government would increase base income tax slabs to Rs 4 lakh per annum.

Dec 20, 2016

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Business news

Budget 2017: As oil prices rise on a slippery path, beware of a dead cat bounce

Budget 2017: Finance Minister Arun Jaitley may lower import duty on gold

PM Modi's demonetisation effect: All 19 BSE sectoral indices fall; Sensex, Nifty down 1%

Tata Steel board removes Nusli Wadia as independent director

DLF survives demolition of Chilavanoor apartments; Kerala High Court imposes fine of Rs 1 crore

RCom shares rise 6% on deal with Brookfield Infrastructure

McDonald investor KBC NV trims, Glassman Wealth Services increases stake in the fast food chain

McDonald's value meal lawsuit: Class action suit claims value meals are too expensive

Budget 2017: Individual investors must overcome these challenges to survive in today's stock market

Gold prices firm as dollar slips from 14-year high

Will Cyrus Mistry moving National Company Law Tribunal against Tata Sons get him what he wants?

Budget 2017: FM Arun Jaitley makes pertinent comments on railways

Llyods Banking Group acquires Bank of America's credit card business for $2.35 billion

Dollar, pound, euro or yen: Which currency should you invest in?

Budget 2017: Govt dismisses reports about revised income tax slabs

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]