Business news

India to become third largest diamond jewelry market by 2020 leaving behind Europe and Japan

The global diamond market likely to grow at 2% to 5% yearly on strong US fundamentals and continued growth of middle class in China and India.

Jan 9, 2017

class 8 truck, truck sales in US, bharat forge, baba kalyani, bharat forge share price, FTR trucks

Bharat Forge faces weak Class 8 Truck order sales in US, says Nomura

Baba Kalyani-owned Bharat Forge derives about 20 per cent of its standalone revenues from truck sales in North America.

Jan 9, 2017

Dieselgate: FBI arrests Volkswagen executive in emissions scandal

The FBI arrested Oliver Schmidt on the charges of conspiracy to defraud the United States, the New York Times has reported.

Jan 9, 2017

McDonalds, McDonalds Asia, McDonalds Hong Kong

McDonald's sells China, HK operations for $2.08 billion

A consortium of financial investors, including Citic Group, Citic Capital and Carlyle Group will buy its operations.

Jan 9, 2017

budget 2017, digital india, digidhan, Lucky Grahak Yojana, pm modi, fm arun jaitley

Budget 2017: Will there be a Digital Bharat Cess like the Swachh Bharat Cess?

Digital Bharat Cess on the lines of Swachh Bharat Cess and Krishi Kalyan Cess could be brought in Budget 2017 to drive digital payments.

Jan 9, 2017

India property prices may rise as developers heap compliance cost burden on buyers

While there is little doubt the Act will bring in more transparency to the sector, there are also enough reasons that may drive property prices higher.

Jan 9, 2017

Rolls-Royce registers second highest car sales in its 113-year history

Rolls-Royce registered an increase of 6 percent in sales in 2016.

Jan 9, 2017

bse sensex, nse nifty, 2017 closing, brexit, demonetisation, modi, donald trump

BEML shares spurt 14% as government decides to offload stake

The Bengaluru-based BEML company has an equity capital of Rs 41.64 crore.

Jan 9, 2017

oil prices, rigging equipment, oil, crude oil

Oil prices fall as Iranian crude tanker exports surge, US adds more rigs

The amount of Iranian oil held at sea has dropped to 16.4 million barrels, from 29.6 million barrels at the beginning of October.

Jan 9, 2017

Banks asked to obtain PAN or Form 60 of all bank accounts

The information has to be provided to the ministry by February 28, and BSBDAs are exempted from the order.

Jan 9, 2017

Govt may tax black money deposited in banks after demonetisation, says Arun Jaitley

Jaitley said just because banned notes have been deposited in the banks do not make them legitimate and the Revenue Department may tax this money.

Jan 8, 2017

India pharma sector, pharmaceutical companies, pharma, pharma companies

Aurobindo Pharma acquires Portugal-based Generis for Rs 970 crore; gets USFDA nod for anti-epileptic drug

The acquisition further consolidates Aurobindo Pharma's footprint in the Portuguese generic pharma market with a product portfolio consisting cardiovascular, CNS, anti-infectives and genito-urinary systems.

Jan 8, 2017

Air India opts for restraining devices to deal with misbehaving, unruly passengers

The latest move follows two incidents of indecent behavior on-board Air India flights.

Jan 8, 2017

ATM cards, POS machines will become redundant by 2020, says Niti Aayog CEO Amitabh Kant

Niti Aayog has constituted a committee to identify and operationalise user-friendly digital payment options across the sectors.

Jan 8, 2017

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Infosys, Wipro, TCS, Tech Mahindra plunge over fresh H-1B visa fears

Concerns over reintroduction of a legislation that seeks to curb misuse of H-1B visa pulled down Infosys, Wipro, TCS and Mindtree shares.

Jan 7, 2017

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Business news

India to become third largest diamond jewelry market by 2020 leaving behind Europe and Japan

Bharat Forge faces weak Class 8 Truck order sales in US, says Nomura

Dieselgate: FBI arrests Volkswagen executive in emissions scandal

McDonald's sells China, HK operations for $2.08 billion

Budget 2017: Will there be a Digital Bharat Cess like the Swachh Bharat Cess?

India property prices may rise as developers heap compliance cost burden on buyers

Rolls-Royce registers second highest car sales in its 113-year history

BEML shares spurt 14% as government decides to offload stake

Oil prices fall as Iranian crude tanker exports surge, US adds more rigs

Banks asked to obtain PAN or Form 60 of all bank accounts

Govt may tax black money deposited in banks after demonetisation, says Arun Jaitley

Aurobindo Pharma acquires Portugal-based Generis for Rs 970 crore; gets USFDA nod for anti-epileptic drug

Air India opts for restraining devices to deal with misbehaving, unruly passengers

ATM cards, POS machines will become redundant by 2020, says Niti Aayog CEO Amitabh Kant

Infosys, Wipro, TCS, Tech Mahindra plunge over fresh H-1B visa fears

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]