Business news

JPMorgan, Citi shareholders to vote on potential breakup plans

Citigroup included the question in a proxy statement it filed on Wednesday for its annual meeting next month.

Mar 17, 2016

Fed holds steady, eyes two rate hikes this year

The U.S. central bank noted that the United States continues to face risks from an uncertain global economy.

Mar 17, 2016

Budget 2016: How George Osbornes sugar tax on fizzy drinks will work

IBTimes UK takes you through the new levy on soft drinks and explains why Jamie Oliver is ecstatic.

Mar 16, 2016

Lloyds is our share tip of the week - five reasons to invest

Edmund Shing explains why you should invest in UK banking group Lloyds.

Mar 16, 2016

Tata Group aerospace and defence revenues estimated at Rs 2,650 crore in FY2016

In five years, the group's A&D sector has grown at a compound rate of 18 percent, Tata Sons' Mukund Rajan said.

Mar 16, 2016

Nasscom opens facility in Vizag to nurture budding start-ups

Aiming to boost the start-up ecosystem in India, the facility would provide co-working space for start-ups to be incubated for a period of six months.

Mar 16, 2016

Air India to post operating profit for first time since 2007 merger

In the previous year, the company posted an operating loss of Rs 2,636 crore.

Mar 16, 2016

China's ZTE Corp to appeal US export restrictions: Source

How long the appeals process might take remains unclear.

Mar 16, 2016

FCC likely to circulate draft order approving Charter-Time Warner Cable merger: WSJ

The order, which could be circulated as soon as this week, would levy some conditions on the deal.

Mar 16, 2016

Oracle profit beats expectations; share buyback boosted by $10 billion

Revenue from Oracle's cloud-computing software and platform service, rose 57 percent to $583 million.

Mar 16, 2016

Lupin shares hit hard over USFDA's observation on Goa plant

Lupin's Goa plant contributes 20 percent of the company's total revenues and 40 percent of its U.S. revenues.

Mar 15, 2016

Cairn Energy gets $4.4 billion tax demand by India

The income tax demand notice served on Cairn Energy Plc includes back-dated interest of $2.8 billion.

Mar 15, 2016

Infibeam becomes first Indian e-commerce company to go public; aims raising Rs 450 cr

The company has fixed the price band at Rs 360 to Rs 432 per share and the issue will remain open from March 21-23.

Mar 15, 2016

Sensex, Nifty end with losses on global cues; Lupin crashes 8%

Benchmark indices Sensex, Nifty lost more than one percent in trade Tuesday, tracking Asian equities.

Mar 15, 2016

L&T bags projects worth Rs 1, 672 crore

The company has reportedly received multiple building and power & distribution contracts.

Mar 15, 2016

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Business news

JPMorgan, Citi shareholders to vote on potential breakup plans

Fed holds steady, eyes two rate hikes this year

Budget 2016: How George Osbornes sugar tax on fizzy drinks will work

Lloyds is our share tip of the week - five reasons to invest

Tata Group aerospace and defence revenues estimated at Rs 2,650 crore in FY2016

Nasscom opens facility in Vizag to nurture budding start-ups

Air India to post operating profit for first time since 2007 merger

China's ZTE Corp to appeal US export restrictions: Source

FCC likely to circulate draft order approving Charter-Time Warner Cable merger: WSJ

Oracle profit beats expectations; share buyback boosted by $10 billion

Lupin shares hit hard over USFDA's observation on Goa plant

Cairn Energy gets $4.4 billion tax demand by India

Infibeam becomes first Indian e-commerce company to go public; aims raising Rs 450 cr

Sensex, Nifty end with losses on global cues; Lupin crashes 8%

L&T bags projects worth Rs 1, 672 crore

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]