Business news

Apple makers to focus on iPhone sales during holiday season

Many analysts believe China is set to replace the United States as Apple's biggest market.

Oct 28, 2015

Honda CEO sees uncertain outlook despite good showing in China

The CEO expects the sales growth to slow down, since there is uncertainty in the outlook of China.

Oct 28, 2015

Twitter shares fall on revenue forecast, anaemic user growth

Twitter had 320 million average active monthly users in the third quarter

Oct 28, 2015

Govt plans to emulate Axis Bank-type stake sale to offload shares in IDBI Bank

The government sold its remaining 9% stake in Axis Bank last year for Rs 5,500 crore.

Oct 27, 2015

Maruti Suzuki post Rs.1,225 crore profit for Q2; Axis Bank net up by 19%

Maruti Suzuki sold 3,53,335 vehicles during the quarter under review logging a growth of 9.8 percent.

Oct 27, 2015

Good response to Indigo IPO offer; subscribed by 80.5% on Day 1

Very weak pick up seen in the non-institutional investors segment.

Oct 27, 2015

Tesla CEO Elon Musk hints at opening Gigafactory in India

Modi government aims to generate 100 GigaWatt of solar power in the country by 2022.

Oct 27, 2015

Sensex extends losses ahead of Fed meeting

Lupin shares plunged by over 5% after the company reported a 35% drop in net profit.

Oct 27, 2015

Attacks on India's beef industry hit buffalo meat industry and trade

India is the world's biggest buffalo meat exporter; April-September shipments fell 13.2 percent.

Oct 27, 2015

Diwali Sale: SpiceJet offers over 3 lakh seats for fares starting at Rs 749

Booking tickets through its mobile app will fetch 3% additional discount.

Oct 27, 2015

Eros tries to reassure investors after shares slump

Eros enjoyed a hit this year with "Bajrangi Bhaijaan" that has earned Rs. 3.15 billion ($48.50 million) so far.

Oct 27, 2015

JP Morgan set to launch rival to Apple Pay

The move would allow consumers to stop pulling out credit cards out of their wallets and start paying using their smart phones.

Oct 27, 2015

DoD wants govt to halve disinvestment target to Rs 30,000 crore: Report

So far this year, the government has raised Rs 12,600 crore by selling its stake in four PSUs.

Oct 27, 2015

Crude oil prices fall further on oversupply concerns

Oil prices could get support from short covering if investors think the Fed will take a dovish view.

Oct 27, 2015

AP govt cuts tax on cheap liquor to raise income by Rs 2000 crores

The state will increase its income by Rs 2,000-3,000 crore this year.

Oct 26, 2015

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