Business news

Llyods Banking Group acquires Bank of America's credit card business for $2.35 billion

Llyods CEO Antonio Horta-Osorio said the MBNA brand and portfolio are a good fit with the group's existing card business.

Dec 20, 2016

Dollar, pound, euro or yen: Which currency should you invest in?

The US dollar could become the strongest major currency in 2017 as interest rates look set to rise.

Dec 20, 2016

Budget 2017: Govt dismisses reports about revised income tax slabs

It was reported that the Narendra Modi government would increase base income tax slabs to Rs 4 lakh per annum.

Dec 20, 2016

small savings mof post office ppf nsc kvp banks recurring deposit scheme senior citizens budget 2017

Budget 2017: Will Modi Govt bite the bullet by reducing interest rates on small savings?

The government would have to do a balancing act with interest rates on small savings and elections in states while presenting Budget 2017.

Dec 20, 2016

Amazon India receives Rs 2,010 crore capital infusion from parent entity

This is the single largest fund infusion by Amazon in its Indian unit as the company tries to take the pole position in India's online market place.

Dec 20, 2016

Yen eases as Bank of Japan keeps policy steady, Asia stocks mixed

The Bank of Japan signalled its conviction that a generally weak yen and a rebound in overseas demand will lift prospects for a solid recovery.

Dec 20, 2016

Budget 2017: Govt likely to allot more funds for maternity benefit scheme

The increased allotment to the ministry of women and child development will help in universalisation of the scheme for families living below the poverty line.

Dec 20, 2016

cyrus mistry ratan tata group companies tata steel ihcl quits resigns removal tata sons tcs

Cyrus Mistry quits all Tata Group companies ahead of Tata Steel, IHCL EGMs

On Monday, the former chairman of Tata Sons — Cyrus Mistry — announced his decision to resign from all Tata Group positions.

Dec 19, 2016

axis bank q3 results net profit fraud demonetisation gold fake accounts share price

Axis Bank finalises schedule for Q3 results; Oil India fixes record date for bonus shares

Axis Bank is facing embarrassment for alleged frauds, fake accounts and flouting norms ever since demonetisation.

Dec 19, 2016

UP Assembly elections 2017: Rahul Gandhi bats for farmers again; how big is his strategy?

Rahul Gandhi is looking to woo farmers big time before the elections as they make a large vote bank in the state.

Dec 19, 2016

iran air airbus deal aircraft sanctions us

Iran finalises deal to buy 100 aircraft from Airbus for $10 billion

The deal to buy aircraft comes after months of negotiations between Airbus and Iranian government officials.

Dec 19, 2016

Vijay Mallya's Kingfisher House auction fails for the third time

The consortium of banks found no takers since no buyer came forward to bid for the property.

Dec 19, 2016

SAIL expects higher sales on rising output, plans to double exports in 2017

The steel major has almost completed capacity expansions and expects a quantum jump in production as well as in sales going ahead.

Dec 19, 2016

Laurus Labs IPO: Shares list at 14.5% premium over issue price on NSE

The Hyderabad-based pharma company's Rs 1,332 crore IPO was oversubscribed 4.54 times with sound retail participation.

Dec 19, 2016

Budget 2017: Railways plans new Mumbai-Goa superfast train; separate agency to recommend fares

Railways will also provide Rs 40,000 crore for city projects to develop and strengthen the network and ensure speedy transit.

Dec 19, 2016

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Business news

Llyods Banking Group acquires Bank of America's credit card business for $2.35 billion

Dollar, pound, euro or yen: Which currency should you invest in?

Budget 2017: Govt dismisses reports about revised income tax slabs

Budget 2017: Will Modi Govt bite the bullet by reducing interest rates on small savings?

Amazon India receives Rs 2,010 crore capital infusion from parent entity

Yen eases as Bank of Japan keeps policy steady, Asia stocks mixed

Budget 2017: Govt likely to allot more funds for maternity benefit scheme

Cyrus Mistry quits all Tata Group companies ahead of Tata Steel, IHCL EGMs

Axis Bank finalises schedule for Q3 results; Oil India fixes record date for bonus shares

UP Assembly elections 2017: Rahul Gandhi bats for farmers again; how big is his strategy?

Iran finalises deal to buy 100 aircraft from Airbus for $10 billion

Vijay Mallya's Kingfisher House auction fails for the third time

SAIL expects higher sales on rising output, plans to double exports in 2017

Laurus Labs IPO: Shares list at 14.5% premium over issue price on NSE

Budget 2017: Railways plans new Mumbai-Goa superfast train; separate agency to recommend fares

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]