Business news

One pound, UK currency, coins, pound, brexit

Sterling skids on Brexit anxiety; investors hope for Trump clarity

All the early action was in currencies where the pound sank as low as $1.1983, depths not seen since the flash crash of Oct.

Jan 16, 2017

Essilor, Luxottica merge to create a luxury eyewear giant; all you need to know about the mega merger

The combined entity will be named EssilorLuxottica that will have a presence in more than 150 countries.

Jan 16, 2017

Oil prices edge up on weaker dollar, expected crude output cuts

Traders said that prices were buoyed by a weakening dollar, which makes fuel purchases cheaper for some countries.

Jan 16, 2017

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Bombay Stock Exchange fixes price band for IPO

BSE has fixed the price band between Rs 805-806 apiece for its market launch.

Jan 16, 2017

Peta buys stake in Louis Vuitton's parent company to push against use of exotic animal skin

Peta's move follows its expose of crocodile farms in Vietnam. The organisation released a video last month showing reptiles getting killed in farms which had supplied skins to a tannery owned by LMVH.

Jan 15, 2017

Brace up! India's telecom pricing war will further intensify, says JP Morgan

Given that most incumbent telcos are comfortably based on financial metrics, any aggressive pricing strategy would likely be matched, JP Morgan said.

Jan 15, 2017

American furniture brand Ashley to launch 100 stores in India

No specific time-line has been provided for the launch of its stores in India.

Jan 15, 2017

Budget 2017: Industry body Assocham bats for February 1 as the D-Day

The chamber said the Budget should be seen well beyond the partisan politics for the common national good.

Jan 15, 2017

tcs, tcs share buyback, tcs buyback price, tcs share price, infosys share price, wipro share price

Post Chandrasekaran's promotion, investors worry over TCS future: Report

Ahead of an unpredictable year owing to US elections, Brexit, TCS investors remain worried.

Jan 15, 2017

Sebi allows mutual funds to invest in REITs and InvITs, but with strict riders

The market regulator also allowed celebrity endorsements of mutual funds at an industry level, but not a particular scheme or as a branding exercise of a mutual fund house.

Jan 15, 2017

'Gandhi flip flops' imprinted with Mahatma Gandhi's face

Amazon sells sandals imprinted with Mahatma Gandhi's face after India flag doormat fiasco

Gandhi flip flops printed with Mahatma Gandhi's face are currently available for purchase on Amazon US at $16.99.

Jan 14, 2017

budget 2017, fieo wish list, pm modi, india exports

Budget 2017: FIEO presents wish-list

The apex body of Indian exporters wants exemption from GST, among other things.

Jan 14, 2017

wipro q3 results, infosys q3 results, wipro guidance, tcs q3 results, vishal sikka, h1 b visa

TCS, Infosys Q3 results declared; all eyes now on HCL Tech, Wipro, Tech Mahindra

TCS beat estimates to report upbeat Q3 numbers, while Infosys cut revenue guidance; investors now await Wipro, HCL Tech and Tech Mahindra results.

Jan 14, 2017

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Sensex, Nifty snap three-day winning streak; forex reserves fall

Benchmark indices BSE Sensex and NSE Nifty closed with minor losses; foreign exchange reserves drop sharply, led by gold.

Jan 14, 2017

Demand in India's consumer electricals sector likely to revive in 3-4 months: Nirmal Bang

Footfalls have rebounded to around 70% of the pre-demonetisation level compared with only 20% in November last year, according to the brokerage.

Jan 14, 2017

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Business news

Sterling skids on Brexit anxiety; investors hope for Trump clarity

Essilor, Luxottica merge to create a luxury eyewear giant; all you need to know about the mega merger

Oil prices edge up on weaker dollar, expected crude output cuts

Bombay Stock Exchange fixes price band for IPO

Peta buys stake in Louis Vuitton's parent company to push against use of exotic animal skin

Brace up! India's telecom pricing war will further intensify, says JP Morgan

American furniture brand Ashley to launch 100 stores in India

Budget 2017: Industry body Assocham bats for February 1 as the D-Day

Post Chandrasekaran's promotion, investors worry over TCS future: Report

Sebi allows mutual funds to invest in REITs and InvITs, but with strict riders

Amazon sells sandals imprinted with Mahatma Gandhi's face after India flag doormat fiasco

Budget 2017: FIEO presents wish-list

TCS, Infosys Q3 results declared; all eyes now on HCL Tech, Wipro, Tech Mahindra

Sensex, Nifty snap three-day winning streak; forex reserves fall

Demand in India's consumer electricals sector likely to revive in 3-4 months: Nirmal Bang

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]