Business news

Twitter CEO Dick Costolo to Step Down, Jack Dorsey Takes Over on Interim Basis

Costolo will be replaced by co-founder Jack Dorsey on an interim basis.

Jun 12, 2015

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Markets Hit by Delay in Monsoon, Rising Crude Oil Prices

A second year of deficient monsoon rainfall will severely affect the agricultural sector in the country.

Jun 11, 2015

Tata Sons Gets Rs 11,000 Crore Dividend Boost From TCS

The record dividend payment will help Tata Group chairman Cyrus Mistry to fulfil financial obligations in cash-strapped units.

Jun 11, 2015

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Mayweather and Pacquiao top Forbes list after megabout

Floyd Money Mayweather lived up to the hype of his own nickname topping the latest edition of Forbes list of the Worlds 100 Highest-Paid Athletes.

Jun 11, 2015

Vijay Mallya Now Left with Just 0.06% Voting Rights in United Breweries

UTI-IAS has informed the liquor baron that it has acquired 3.97% voting rights in UBL.

Jun 11, 2015

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George Osborne ready to sell off RBS at a loss

Chancellor of the Exchequer George Osborne said on Wednesday (June 10) he will seek to bind future governments to his vision of permanent budget surpluses, something only rarely achieved in modern Britain.

Jun 11, 2015

400 Tax Officials Raid Chettinad Group Premises in Three States

The IT officials have conducted raids in 33 locations of the group in Tamil Nadu, Andhra Pradesh and Mumbai.

Jun 11, 2015

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Robot and Japanese master swordsman compete in armed challenge

A video posted to a social media website on Thursday (4 June) showed a sword challenge between a one-armed robot and Japanese master swordsman Isao Machii.

Jun 10, 2015

Surge in Crude Oil Prices Lacks Fundamental Justification: Commerzbank

Commerzbank sees current price rise mainly being driven by "sentiment and momentum".

Jun 10, 2015

Vodafone Declares Winner of 'Recharge & Win A Bike' Offer

Vodafone had introduced the 'Recharge & Win a Bike' offer especially for its customers in Haryana.

Jun 10, 2015

Tatkal Booking Timings Change; 50% Refund on Cancellation

The Indian Railways is also planning to introduce its 'Tatkal Special' train service.

Jun 10, 2015

PVR Cinemas to Buy DT Cinemas in an Expensive Deal

The acquisition is expected to help PVR to gain more presence in North India.

Jun 10, 2015

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South Korea: Quarantine tent set up for suspected MERS patients

A quarantine tent was set up for suspected cases of Middle East Respiratory Syndrome (MERS) outside Seoul National University Hospital.

Jun 10, 2015

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Brazil: Mercedes Benz workers protest 500 job cuts

Some 300 Brazilian metalworkers set up a camping site on Monday (8 June) to protest against Mercedes Benz after the carmaker terminated 500 contracts in May amid plummeting sales and production at the Sao Bernardo do Campo plant in Sao Paulo.

Jun 10, 2015