Business news

Oil prices rise on falling shale output, renewed hopes of OPEC cut

Prices were buoyed by expectations that US shale oil production will fall in December to its lowest since April 2014.

Nov 15, 2016

Samsung to acquire Harman International in all-cash deal worth $8 billion

Samsung said US-based Harman, a global leader in connected car technology, is a natural extension of its automotive strategy push.

Nov 14, 2016

Cathay Pacific plans to increase air cargo services to India

Currently, Hong Kong-based Cathay Pacific Airways serves six Indian cities.

Nov 14, 2016

Mahindra XUV500 and Scorpio to get petrol variants next year

To contain sliding market share in the UV segment, M&M is likely to come up with petrol variants of XUV500 and Scorpio.

Nov 14, 2016

Oil steady near multi-month lows on OPEC output record, US rig count

The dollar rose to a nine-month high against other currencies on Monday, pressuring oil prices.

Nov 14, 2016

Reliance Infra's Q2 net profit up 34% to Rs 570.5 crore

The company is targeting projects by the government across power, roads, railways, defence and ports.

Nov 13, 2016

India Inc's January-October M&A deals hit record value of $32.55 billion

The Merger & Acquisition deal value grew 48 percent in a year-on-year basis last month.

Nov 13, 2016

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AirAsia India in more trouble as Delhi High Court orders probe

The Delhi High Court directive to regulator DGCA follows allegations of the carrier ceding control to AirAsia Berhad.

Nov 12, 2016

Jet Airways posts 23.4% rise in Q2 net profit as other income spurts 76%

Full service carrier Jet Airways reports 3 percent increase in revenues and 36 percent jump in employee costs during Q2.

Nov 12, 2016

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Thermax's shrinking domestic order inflows raise concerns: IDBI Capital Markets

The overall order book as of September 30, 2016 for Thermax Group dropped to Rs 4,579 crore from Rs 5,162 crore.

Nov 12, 2016

Old Rs 500 and Rs 1,000 notes will continue to be accepted at vital places until November 14

The old notes will be accepted at crematoriums; petrol bunks operated by IOC, BP, and HP; and NHAI toll plazas until November 14.

Nov 12, 2016

Bitcoin traders flooded with calls seeking to exchange cash for virtual currency

Bitcoin traders in India are getting frequent calls after the government's crackdown on higher denomination notes.

Nov 11, 2016

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Mahindra elevates Pawan Goenka to MD; Anand Mahindra is now executive chairman

Anand Mahindra described Goenka's elevation as a "fitting recognition" of his experience and domain knowledge.

Nov 11, 2016

Russia to block LinkedIn for violating data-localisation law

Other technology giants like Facebook and Twitter have also repeatedly come under Russia's radar over data-localisation laws.

Nov 11, 2016

Karnataka high court asks Uber to limit surge pricing, comply with state norms

Uber had argued that being a technology platform provider, it cannot be regulated under India's Motor Vehicles Act rules.

Nov 11, 2016

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Business news

Oil prices rise on falling shale output, renewed hopes of OPEC cut

Samsung to acquire Harman International in all-cash deal worth $8 billion

Cathay Pacific plans to increase air cargo services to India

Mahindra XUV500 and Scorpio to get petrol variants next year

Oil steady near multi-month lows on OPEC output record, US rig count

Reliance Infra's Q2 net profit up 34% to Rs 570.5 crore

India Inc's January-October M&A deals hit record value of $32.55 billion

AirAsia India in more trouble as Delhi High Court orders probe

Jet Airways posts 23.4% rise in Q2 net profit as other income spurts 76%

Thermax's shrinking domestic order inflows raise concerns: IDBI Capital Markets

Old Rs 500 and Rs 1,000 notes will continue to be accepted at vital places until November 14

Bitcoin traders flooded with calls seeking to exchange cash for virtual currency

Mahindra elevates Pawan Goenka to MD; Anand Mahindra is now executive chairman

Russia to block LinkedIn for violating data-localisation law

Karnataka high court asks Uber to limit surge pricing, comply with state norms

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]