Business news

Edmund Shing: UK goes mad over online shopping - BooHoo and Sports Direct worth an investment look

UK is gripped by online shopping fever and BooHoo and Sports Direct look good as long-term online retail plays.

Jun 16, 2015

Nestle Using 10,000 Trucks, 6 Cement Plants to Burn Recalled Maggi Noodles

Destruction of a huge amount of controversial noodles recalled from over 3.5 million retailers is expected to last for at least 40 days.

Jun 16, 2015

Russia's Oil Giant Rosneft to Acquire Majority Stake in Essar Oil

The Mumbai-based Essar Group has proposed to sell 49 percent stake in its oil division Essar Oil.

Jun 16, 2015

JetPrivilege Ties up with Vietnam Airlines for Frequent Flier Partnership

The partnership will maximize the opportunities offered by the combined network of Jet Airways and Vietnam Airlines.

Jun 16, 2015

Maggi Ban: Nestle Faces Loss of Over ₹3.2 Billion

On Monday Nestle India said the estimated sales value of the stock in the market was worth around 2.1 billion rupees.

Jun 16, 2015

Greenpeace Now Dogged by Sexual harassment, Rape Allegations

Greenpeace was in the news after the government froze it's accounts for non-compliance of norms.

Jun 16, 2015

Groupon Ties Up With Xploree to Provide Real-time Deals

Groupon India and Xploree are bringing customers exciting, value-for-money deals at the touch of their fingertips.

Jun 15, 2015

Snapdeal Acquires Letsgomo to Beef Up Mobile Presence

The deal value was not disclosed.

Jun 15, 2015

RCOM in Talks To Merge With MTS Provider Sistema Shyam

The companies are likely to prefer stock swap for the merger.

Jun 15, 2015

Housing.com Likely to Receive $100 million Funding from Chinese Investor Fosun

If realized, the current fund raising will be the fifth Housing.com.

Jun 15, 2015

Mahindra to Launch New Commercial Vehicle 'Jeeto'

A versatile new product, Jeeto, is designed to cater to the varied needs of the small commercial load segment customers.

Jun 15, 2015

Coal India Emerges as World's Sixth Biggest Mining Firm: PwC Report

Another state-controlled mining major NMDC saw its position moving up to 21 from an earlier 24.

Jun 15, 2015

Vedanta and Cairn India to Merge in a Deal Worth $2.3 Billion

Shareholders in Cairn India, India's top private sector oil producer, will get one share in Vedanta Ltd for every share held

Jun 15, 2015

Vedanta Chairman Anil Agarwal Announces Merger with Cairn India

Anil Agarwal said the merger of Cairn India and Vedanta Ltd is to support India's economic growth.

Jun 14, 2015

TCS, Infosys Among Top 50 Global Firms That Return More, Spend Less

TCS handed out a massive dividend of ₹15,474 crore for fiscal year ending March 2015.

Jun 13, 2015

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