Business news

Renault shares dropped over 20% after anti-fraud raid

Renault said no cheating devices were found during searches.

Jan 14, 2016

Liberia declared Ebola-free but WHO says the job is not done

Liberia was declared free of the Ebola virus by global health experts on 14 January, a milestone that signalled an end to an epidemic in West Africa that has killed more than 11,300 people. But the World Health Organization (WHO) warned there could still be flare-ups of the disease in the region, which has suffered the worlds deadliest outbreak over the past two years, as survivors can carry the virus for many months and could pass it on. Health specialists cautioned against complacency, saying the world was still underprepared for any future outbreaks of the disease.

Jan 14, 2016

SBI launches start-up branch, wealth management service

The bank launched the services in Bangalore on Thursday.

Jan 14, 2016

Walmart eyes tie-ups with Flipkart, Snapdeal, others: Report

So far, no foreign multi-brand retailer has a tie-up with online retailers in India.

Jan 14, 2016

Second issue of sovereign gold bonds 'soon', says Modi government

The first issue saw a tepid response, with 63,000 applications for 917 kg of gold.

Jan 14, 2016

Crude oil prices fall below $30/barrel on Iranian supply concerns

Western sanctions on Iran over its nuclear programme are likely to be lifted this weekend.

Jan 14, 2016

Wheat output set to fall for second year in a row, spell trouble for Modi government

In 2016, wheat production is estimated at 87-88 million tonnes, lower than 88.94 million tonnes in 2015 and 91.50 million tonnes in 2014.

Jan 14, 2016

Saint Gobain to expand Chennai facility with Rs 1,000 crore investment

After the expansion, the company's production capacity of glass will increase from 1,500 tonnes per day to 2,500 tonnes per day.

Jan 14, 2016

Paytm set to launch travel services, compete with MakeMyTrip, Yatra

The services will not be launched as a separate business like Alitrip.

Jan 14, 2016

Infosys shares flare up on Q3 results, promoters richer by Rs 2,102 crore

The promoters held about 30 crore shares at the end of the second quarter this fiscal.

Jan 14, 2016

Snapdeal in talks to buy Housing.com for $700 million: Report

Japan's SoftBank and Nexus Venture Partners are expected to fund the deal.

Jan 14, 2016

Infy bucks weak IT numbers, raises FY'16 revenue guidance

Investors cheered Infy's numbers as shares traded over 4% higher on BSE on Thursday despite a sharp fall in the benchmark indices.

Jan 14, 2016

EU opens debate on China trade status; US neutral

Market Economy status would make it harder for Europe to impose anti-dumping duties on Chinese goods sold at knock-down prices.

Jan 14, 2016

China's Baidu eyes India's fast-growing e-commerce market: Report

The Indian e-commerce market is estimated to grow 67% to $38 billion (Rs 2.51 lakh crore) in 2016, according to Assocham.

Jan 13, 2016

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

The success of Star Wars: The Force Awakens, Marvel and Pixar means the future looks bright for Disney.

Jan 13, 2016

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