Business news

ICICI Prudential Life IPO: Private insurer's public issue oversubscribed 10 times

The insurer is selling 132.37 million shares to the public via the OFS route in a price band of Rs 300 to Rs 334 per share.

Sep 21, 2016

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JM Financial Mutual Fund fixes September 24 as record date for dividend payment under 2 schemes

JM Balanced Fund (Direct) and JM Arbitrage Advantage Fund investors will be paid dividend as on the record date.

Sep 20, 2016

SpiceJet to make Kolkata its third hub to explore untapped routes

Additionally, the carrier also plans to increase the number of international flights to and from Kolkata.

Sep 20, 2016

Spectrum auction nets over Rs 14,000 crore as deposits by telecom companies

Spectrum worth around Rs 80,000 crore is likely to be sold in the upcoming auction.

Sep 20, 2016

Twitter shuts down Bengaluru development centre; to lay off over 60 employees

The San Francisco-based company has been struggling to match the pace of growth of its competitors.

Sep 20, 2016

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Raymond, MRF, CEAT, GVK Power among top gainers on BSE

The BSE Sensex gained just 35 points, but select stocks such as Ceat, MRF, GVK Power and Raymond rallied smartly.

Sep 19, 2016

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LIC launches money-back plan 'Bima Diamond' to mark diamond jubilee

The maximum sum assured under the money-back plan "Bima Diamond" is Rs 5 lakh.

Sep 19, 2016

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Swiggy raises $15 million from Bessemer, SAIF, Accel, Norwest

The latest round (Series D) takes the total funding in Swiggy to $75.5 million.

Sep 19, 2016

Renault begins export of made-in-India Kwid, Duster to Nepal

The carmaker is entering Nepal by associating with one of the largest business houses in the country, the Vishal Group.

Sep 19, 2016

Air India's move to lure former pilots may not take off; here is why

Air India's move to re-hire former pilots is unlikely to succeed, suggests a former AI pilot.

Sep 19, 2016

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Infosys to declare Q2 results on 14 October; shares could be hit on second downward guidance

Vishal Sikka, CEO of IT services exporter Infosys, had hinted at another revenue guidance during a recent analysts' call.

Sep 19, 2016

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Indian Oil Corporation's investment plans won't affect credit profile: Fitch

Credit ratings agency Fitch says IOC's Rs 1,80,000 crore investment plan is not a negative for the oil marketing company.

Sep 19, 2016

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Bombay Stock Exchange collaborates with Twitter to provide real-time stock update

The tie-up is a move to make financial information easily accessible to millions of investors through a digital format.

Sep 19, 2016

Oil climbs as Venezuela sees output deal, Libya suffers clashes

The rise in oil prices is a reaction to Venezuelan comments about producers reaching a possible output agreement.

Sep 19, 2016

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Reliance Jio blames Bharti Airtel for call failures

Reliance Jio said about two crore calls fail everyday between the networks of the two companies.

Sep 18, 2016

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Business news

ICICI Prudential Life IPO: Private insurer's public issue oversubscribed 10 times

JM Financial Mutual Fund fixes September 24 as record date for dividend payment under 2 schemes

SpiceJet to make Kolkata its third hub to explore untapped routes

Spectrum auction nets over Rs 14,000 crore as deposits by telecom companies

Twitter shuts down Bengaluru development centre; to lay off over 60 employees

Raymond, MRF, CEAT, GVK Power among top gainers on BSE

LIC launches money-back plan 'Bima Diamond' to mark diamond jubilee

Swiggy raises $15 million from Bessemer, SAIF, Accel, Norwest

Renault begins export of made-in-India Kwid, Duster to Nepal

Air India's move to lure former pilots may not take off; here is why

Infosys to declare Q2 results on 14 October; shares could be hit on second downward guidance

Indian Oil Corporation's investment plans won't affect credit profile: Fitch

Bombay Stock Exchange collaborates with Twitter to provide real-time stock update

Oil climbs as Venezuela sees output deal, Libya suffers clashes

Reliance Jio blames Bharti Airtel for call failures

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]