Business news

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Gold prices hit 28-month high, yellow metal retains image of favourite Eid gift in UAE

On Wednesday, gold prices hit a 28-month high at Rs. 31,050 per 10 gm on brisk buying by investors and global cues.

Jul 6, 2016

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Infosys Q1 FY2017: Revenues seen rising 12% in June quarter

Infosys June quarter results (revenues and profit) will be keenly watched by investors and analysts in the context of Brexit.

Jul 6, 2016

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Bulls likely to ignore Jayant Sinha's exit from finance ministry when markets open on Thursday

Stock markets may ignore Jayant Sinha's exit from the finance ministry, just as they ignored Rexit.

Jul 6, 2016

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PNB Housing Finance IPO: Things to know about the Rs. 2,500 crore public issue

Punjab National Bank holds 51 percent stake in PNB Housing Finance, which is coming out with an IPO soon.

Jul 6, 2016

Aditya Birla Fashion buys Forever 21's India business for $26 million

The acquisition would help the company create a strong foothold in the women's wear business, especially the western wear segment.

Jul 5, 2016

BookMyShow raises over Rs. 550 crore in its single largest round of financing

The company's fourth and single largest round of financing pushed its valuation to over Rs. 3000 crore.

Jul 5, 2016

Govt allows 74% foreign investment in Axis Bank

The government's approval to increase foreign investment in Axis Bank will see Rs.13,000 crore in foreign inflows.

Jul 5, 2016

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Hindustan Construction Company's joint venture wins Mumbai Metro contract

The Mumbai Metro project won by HCC-MMS joint venture entails building underground metro line and stations.

Jul 5, 2016

Flipkart delivery boy arrested on charges of duping employer

The 21-year-old would place orders for iPhones and then replace them with fake phones while returning them to the company.

Jul 5, 2016

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L&T Infotech IPO: Company fixes price band as Rs. 705-710 per share; public issue opens on July 11

Larsen & Toubro holds about 95 percent stake in L&T Infotech, which is making public issue of 1.75 crore shares in an IPO.

Jul 5, 2016

JP Associates spurts 38%, UltraTech Cement hits 52-week high on finalising deal

Shares of JP Associates and UltraTech Cement jumped on the BSE on Tuesday in response to the companies finalising the cement deal.

Jul 5, 2016

SpiceJet says 'Eid Mubarak;' offers discounted fares starting at 299 dirhams

The Eid discount is available for Dubai-India travel, with the airfares starting at 299 dirhams.

Jul 5, 2016

Spectrum auction: Bharti Airtel, Vodafone India, Idea Cellular may spend Rs. 1 lakh crore

The total outgo towards the acquisition of spectrum during the current financial year would be about Rs. 37,000 crore, Crisil report stated.

Jul 5, 2016

Oil prices dip on economic concerns, demand worries

International benchmark Brent crude oil futures were trading at $49.95 per barrel at 0030 GMT, down 15 cents from their last settlement.

Jul 5, 2016

How Infosys, TCS, Wipro, Tech Mahindra are expected to perform in June quarter

Profit margins of Infosys and TCS are likely to be hit due to the salary hikes announced during the last quarter, while Wipro and Tech Mahindra are projected to lag in revenue growth.

Jul 4, 2016

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Business news

Gold prices hit 28-month high, yellow metal retains image of favourite Eid gift in UAE

Infosys Q1 FY2017: Revenues seen rising 12% in June quarter

Bulls likely to ignore Jayant Sinha's exit from finance ministry when markets open on Thursday

PNB Housing Finance IPO: Things to know about the Rs. 2,500 crore public issue

Aditya Birla Fashion buys Forever 21's India business for $26 million

BookMyShow raises over Rs. 550 crore in its single largest round of financing

Govt allows 74% foreign investment in Axis Bank

Hindustan Construction Company's joint venture wins Mumbai Metro contract

Flipkart delivery boy arrested on charges of duping employer

L&T Infotech IPO: Company fixes price band as Rs. 705-710 per share; public issue opens on July 11

JP Associates spurts 38%, UltraTech Cement hits 52-week high on finalising deal

SpiceJet says 'Eid Mubarak;' offers discounted fares starting at 299 dirhams

Spectrum auction: Bharti Airtel, Vodafone India, Idea Cellular may spend Rs. 1 lakh crore

Oil prices dip on economic concerns, demand worries

How Infosys, TCS, Wipro, Tech Mahindra are expected to perform in June quarter

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]