Business news

India Inc to spend Rs. 20,000 crore on advertising this festive season

Sluggishness in e-commerce spending would likely be offset by phone makers, automobiles and FMCG companies and Reliance Jio.

Sep 15, 2016

GNA Axles IPO: Issue oversubscribed 1.36 times; here is what brokerages are saying

Punjab-based manufacturer of rear axle shafts, GNA Axles Ltd., plans to raise up to Rs. 130 crore via the IPO.

Sep 15, 2016

Infosys opens delivery centres in Croatia, Russia

The two delivery facilities would operate as centres for engineering skills in turbo machinery, aerospace and automotive.

Sep 15, 2016

Asian stocks waver as policy uncertainty, weaker oil sap confidence

While a Federal Reserve rate hike at next week's meeting have faded, investors are bracing for a tightening before year-end.

Sep 15, 2016

5th Avenue-like Apple Stores coming to India

iPhone optimism blasts Apple stock to 2016 high

After sinking to a two-year low in July, shares of the world's most valuable listed company have since rebounded 25 percent.

Sep 15, 2016

Reliance Communications, Aircel announce merger: Is this a tactic for expansion or just survival?

Apart from reducing their debt, the two telcos hope to see a synergy in a highly competitive business in India.

Sep 14, 2016

Anil Ambani Group firms hog limelight on lacklustre trading day

Reliance Capital hives off its home loan business, while Reliance Communications, another ADAG company, merges with Aircel.

Sep 14, 2016

Bayer agrees to buy Monsanto in $66 billion deal: Report

If the deal goes through, German firm Bayer may command more than a quarter of the combined world market for seeds and pesticides.

Sep 14, 2016

New Â£5 note made available to the public

The Bank of Enlgands new Â£5 note has been announced, which for the first time in British history is made out of polymer. The switch to the longer-lasting notes will save roughly Â£100 million as the notes are waterproof, crinkle proof and tear resistant. The old Â£5 bill, which carries a picture of social reformer Elizabeth Fry, will remain in circulation until next year but it will cease to be legal tender on 5 May 2017

Sep 14, 2016