Business news

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Demonetisation: State Bank of India slashes bulk deposit rate by up to 190 basis points

The new rates will be effective from November 24, according to the State Bank of India website.

Nov 24, 2016

Asia stocks slip on spectre of higher US rates, dollar "a freight train"

The dollar bull run continued as US bond yields hovered near-multi year highs.

Nov 24, 2016

Oil prices static on uncertainty over planned production cut

Traders said market activity was low due to the US holiday, and there was a reluctance to take on big price directional bets.

Nov 24, 2016

india spices export trade pepper ginger nirmala modi govt

India's spices exports fall 11.42% in volume, jump 12% in value for 2015-16

The government said it is addressing concerns of the trade in other ways but ruled out the formation of additional boards to promote the export of spices.

Nov 23, 2016

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Pharma, realty, metal stocks lead stock market rally; Lupin top Sensex gainer

Value buying lifts BSE Sensex and NSE Nifty on Wednesday; Lupin leads index rally.

Nov 23, 2016

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This bank pays handsome bonus shares, liberal dividend and now seeks to appoint new CEO

Low shareholder base enables this Indian bank to pay unbelievable bonus shares and dividend to shareholders.

Nov 23, 2016

Infosys invests in Stellaris Venture Partners

The IT services firm will pump in Rs 31.6 crore in this early-stage venture fund, making it company's second such investment.

Nov 23, 2016

Airtel Payments Bank offers hefty interest rate on savings bank deposits

It became the first payment bank to launch operations Wednesday post issuance of licences by RBI in August, 2015.

Nov 23, 2016

Zee Entertainment acquires TV business of Reliance Capital

Proceeds from the sale will help Reliance Capital reduce its debt by Rs 1,900 crore.

Nov 23, 2016

39 Indian drug companies blacklisted by Vietnam

A similar ban imposed by Vietnam imposed on 45 Indian companies in 2014 caused a significant dip in export of Indian pharmaceutical products to Vietnamese market.

Nov 23, 2016

Facebook looking to get back into China?

Will new censorship tool from Facebook pave way for its entry into Chinese markets?

Technology companies have to comply with Chinese Internet censorship laws if they want to operate from China.

Nov 23, 2016

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ICICI Bank waives MDR on debit cards to blunt demonetisation effect, boost digital payments

Merchant discount rate (MDR) on debit cards won't be charged from November 23 to December 31 2016, says ICICI Bank.

Nov 23, 2016

Subhash Chandra, Dilip Shanghvi in race for oil blocks

Auction of small oil and gas blocks held on Monday witnessed huge interest from domestic firms.

Nov 23, 2016

Sun Pharma to acquire Russian firm Biosintez for $60 million

The proposed acquisition is part of the Indian company's renewed focus on emerging markets with high potential for future growth.

Nov 23, 2016

Ratan Tata tried to sell TCS to IBM: Cyrus Mistry

In his letter, Mistry seeks to set the record straight by responding to a statement by Tata Sons on November 10.

Nov 23, 2016

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Business news

Demonetisation: State Bank of India slashes bulk deposit rate by up to 190 basis points

Asia stocks slip on spectre of higher US rates, dollar "a freight train"

Oil prices static on uncertainty over planned production cut

India's spices exports fall 11.42% in volume, jump 12% in value for 2015-16

Pharma, realty, metal stocks lead stock market rally; Lupin top Sensex gainer

This bank pays handsome bonus shares, liberal dividend and now seeks to appoint new CEO

Infosys invests in Stellaris Venture Partners

Airtel Payments Bank offers hefty interest rate on savings bank deposits

Zee Entertainment acquires TV business of Reliance Capital

39 Indian drug companies blacklisted by Vietnam

Will new censorship tool from Facebook pave way for its entry into Chinese markets?

ICICI Bank waives MDR on debit cards to blunt demonetisation effect, boost digital payments

Subhash Chandra, Dilip Shanghvi in race for oil blocks

Sun Pharma to acquire Russian firm Biosintez for $60 million

Ratan Tata tried to sell TCS to IBM: Cyrus Mistry

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]