Business news

Brokers attack NoBroker's office in Bengaluru, assault employees

The company has claimed that its services saves the customers over Rs 15 crore in brokerage every month.

Sep 16, 2015

HP to cut up to 30,000 more jobs in enterprise business

The latest job cuts indicate a reduction of the company's total workforce by at least 10 percent.

Sep 16, 2015

Jeremy Corbyn: Free speech under threat as Tories adopt General Franco tactics

The new Labour leader issued the warning during his speech at the Trades Union Congress in Brighton.

Sep 15, 2015

Market Watch: Sensex slips by 150 points ahead of Fed meeting, gold prices weaken

The sell-off was also partly due to resumption of weakness in the Chinese equity markets.

Sep 15, 2015

Ban on Maggi comes as boon to ITC's Yippee noodles

ITC has asked its contract manufacturer Keventer Foods to double the production of instant noodles.

Sep 15, 2015

Serious Fraud Office to summon Vijay Mallya over alleged fund diversion at Kingfisher: Report

SFIO is expected to summon Vijay Mallya and executives of United Breweries and United Spirits.

Sep 15, 2015

Ola raises Rs 1,500 crore in fresh round of funding led by Falcon Edge

The funding is a part of the $500 million the taxi-hailing firm is aiming to raise, according to industry source

Sep 15, 2015

BMW CEO Harald Krueger collapses at Frankfurt International Motor Show press conference

49-year-old chief fainted at his first appearance as head of the car giant.

Sep 15, 2015

HCL's Shiv Nadar, Sanjay Kalra to Launch Rs 3,316 Crore Fund to Acquire IT Firms in US, India

A fast changing Indian IT landscape has compelled other top players set aside some funds for acquisitions to remain competitive.

Sep 14, 2015

Sensex Soars 250 Points on RBI Rate Cut Hopes

While 29 out of 30 Sensex companies ended in green, metal index was the top gainer among sectoral indices.

Sep 14, 2015

Billionaire Cyrus Poonawalla Buys Iconic Lincoln House in Mumbai for Rs 750 crore

The property was put up for sale by the US government for a massive price of Rs 850 crore in 2011.

Sep 14, 2015

Tax Department Can Now Issue Refunds in Just 7-10 days

As of 7 September, the department's Central Processing Centre (CPC), located in Bengaluru, has paid refunds to over 22 lakh tax payers.

Sep 14, 2015

US Fed September Meeting: Rate Hike of 25bps a Positive for Indian Markets, Says BofA-ML

BofA-ML says India could benefit from a rate hike, given its relatively high GDP growth rate

Sep 12, 2015

Sensex to Reach 33,954 by Sep 2017, Supported by Developmental Politics, Low Inflation: CLSA

The firm said that government initiatives like 'Make in India' are "showing early signs of success."

Sep 12, 2015

Crude Oil Prices May Fall to $20 per Barrel: Goldman Sachs

The bank has cut its 2016 estimate for Brent crude to $49.50 a barrel from $62.

Sep 12, 2015

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