Business news

RBI to approach Supreme Court for clarification on usage of Aadhaar as identity proof

Last month, the apex court ordered that Aadhaar card should be used only for public distribution schemes and LPG subsidies.

Sep 23, 2015

Dengue fever: Drug maker sees massive rise in Caripill sales; Indonesia, Malaysia seek to import

The company said that the drug was tested on 250 patients and none of them required platelet transfusion.

Sep 22, 2015

Edmund Shing: Crisis spells opportunities in Legal and General dividends

Despite Footsie fears and Chinese slowdown, there are plenty of reasons to buy UK shares today.

Sep 22, 2015

Market watch: Sensex plunges by 541 points, gold extends losses on weak global cues

Initially, the markets traded in the green on rising hopes of a rate cut by the RBI this month.

Sep 22, 2015

Indian IT companies support over 4 lakh jobs in US, says Nasscom

The annual growth of jobs created by India-based IT firms in the US from 2011 to 2014 stood at 10%.

Sep 22, 2015

Atlas Jewellery to reshuffle board at AGM next week

The AGM will see the expulsion of Madathiparambil and Muraleedharan who were appointed as board members "without their knowledge".

Sep 22, 2015

Volkswagen confident it will make amends following emissions test rigging

Volkswagens US head said on 21 September in New York he was confident the German carmaker would take the necessary steps to restore customer confidence after it totally screwed up by rigging emissions tests of diesel-powered vehicles in the United States.

Sep 22, 2015

Rocket Internet to sell Jabong, Foodpanda, FabFurnish: Report

Jabong, Foodpanda and FabFurnish are facing tough competition from new entrants and established players.

Sep 22, 2015

Volkswagen shares plunge 18.6% on emission scandal in US

The German car maker could face penalties of up to $37,500 per vehicle for violating Clean Air Act

Sep 22, 2015

Oil prices dip as traders take profit following 4% rise

The dip in prices came after oil rallied on Monday, with U.S crude surging more than 4 percent

Sep 22, 2015

Indian markets end lower amid global growth concerns

The Sensex ended 25.93 points lower at 26,192.98, while the Nifty slipped 4.80 points to close at 7,977.10.

Sep 21, 2015

Gold monetization scheme: Deposits above 500grams without naming sources to be taxed

The idea behind the move is to make sure that the scheme does not get exploited to convert black money to white.

Sep 19, 2015

India's gold imports may fall by 5% on government schemes, says ICRA

The overall impact of gold schemes is likely to be 'moderately positive' for the country's gold imports, says ICRA

Sep 19, 2015

Modi government plans to cap airfares to make travel affordable for common man

Flights connecting smaller cities in the country are likely to start operating from the next fiscal year, an official said.

Sep 19, 2015

Market Watch: Sensex rises 255 points, gold prices remain flat; rupee closes at month-high

The rupee posted its biggest single-day gain in two years

Sep 18, 2015

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